{"schema_version":"secwatch.filing_event.v1","accession":"0001698990-23-000021","form_type":"8-K","ticker":"MGY","cik":"0001698990","company_name":"Magnolia Oil & Gas Corp","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.898137+00:00","generated_at":"2026-06-12T18:34:35.321595+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Magnolia Q2 net income falls 65% to $104.6M; production up 10%, share buyback expanded","bullets":["Net income $104.6M ($0.48 diluted EPS), down 65% and 64% YoY respectively; adjusted net income $97.2M.","Production 81.9 Mboe/d, up 10% YoY and 3% sequentially on Giddings growth; oil production up 35% there.","Adjusted EBITDAX $203.3M, down 48% YoY; D&C capex $86.1M, below $100M guidance due to lower costs.","Free cash flow $93.3M; cash balance $676.6M; repurchased 2.3M shares for $44.8M, authorization increased by 10M shares.","Bolt-on Giddings acquisition closed; operating costs improved 18% sequentially to $10.33/boe."],"urls":{"canonical":"https://secwatch.observer/filing/0001698990-23-000021","json":"https://secwatch.observer/filing/0001698990-23-000021.json","markdown":"https://secwatch.observer/filing/0001698990-23-000021.md","text":"https://secwatch.observer/filing/0001698990-23-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1698990/000169899023000021/0001698990-23-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1698990/000169899023000021/mgy-20230801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T18:34:35.321595+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b241648da67d327cebcb904c298ec74c69ddf614","claim":"Magnolia Oil & Gas Corp reported financial results for second quarter of 2023.","evidence_excerpt":"On August 1, 2023, Magnolia Oil & Gas Corporation (the “Company”) issued a press release, a copy of which is attached hereto as Exhibit 99.1 and incorporated by reference herein, announcing its financial and operational results for the quarter ended June 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1698990/000169899023000021/0001698990-23-000021-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}