earnings
confidence high
sentiment positive
materiality 0.75
Magnolia Q4 net income $88.7M (-22% YoY); production up 9%, dividend raised 15%
Magnolia Oil & Gas Corp
- Q4 net income $88.7M, diluted EPS $0.44 (down 17% YoY); adjusted net income $95.4M.
- Full-year net income $397.3M ($1.94 EPS); production 89.7 Mboe/d (+9% YoY); oil growth 11%.
- Generated $430.2M free cash flow in 2024; returned 88% ($380M) via dividends and buybacks; share count down 5% YoY.
- Quarterly dividend raised 15% to $0.15/share ($0.60 annualized); Board added 10M shares to buyback authorization.
- 2025 guidance: D&C capex $460-490M, production growth 5-7%; Q1 capex ~$135M, production ~94 Mboe/d.