---
schema_version: "secwatch.filing_event.v1"
accession: "0001698990-24-000027"
form_type: "8-K"
ticker: "MGY"
cik: "0001698990"
company_name: "Magnolia Oil & Gas Corp"
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:26:04.255222+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Magnolia Q2 adjusted net income up 7% to $104.3M; production up 10% YoY; $130M returned to shareholders

## Summary
- EPS $0.51 diluted, up 6% YoY; adjusted EBITDAX $246.1M, up 21% YoY.
- Total production 90.2 Mboe/d (+10% YoY); Giddings output 69.6 Mboe/d (+21% YoY).
- D&C capex $123.4M, 50% of adjusted EBITDAX; free cash flow $96.7M.
- Repurchased 4M shares for $102.7M in Q2; declared $0.13/share dividend payable Sept 3.
- Cash balance $275.7M; undrawn $450M revolver; total shareholder return $130M.

## SEC filing metadata
- accession: 0001698990-24-000027
- form_type: 8-K
- ticker: MGY
- cik: 0001698990
- company_name: Magnolia Oil & Gas Corp
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698990/000169899024000027/0001698990-24-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698990/000169899024000027/mgy-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698990-24-000027
- JSON: https://secwatch.observer/filing/0001698990-24-000027.json
- Plain text: https://secwatch.observer/filing/0001698990-24-000027.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.