---
schema_version: "secwatch.filing_event.v1"
accession: "0001698990-25-000009"
form_type: "8-K"
ticker: "MGY"
cik: "0001698990"
company_name: "Magnolia Oil & Gas Corp"
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T02:29:27.973765+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Magnolia Q1 net income $106.6M, raises production guidance, lowers capex

## Summary
- Net income $106.6M ($0.54 diluted EPS), up 9% YoY; adjusted net income $105.6M.
- Production 96.5 Mboe/d (+14% YoY), Giddings up 25% YoY; raised 2025 growth guidance to 7-9%.
- D&C capex $130.4M in Q1; reduced 2025 capex guidance to $430-470M (from $460-490M).
- Free cash flow $110.5M; returned $81.7M (74% of FCF) via buybacks ($52M) and dividends.
- Q2 2025 production ~97 Mboe/d, D&C capex ~$110M; fully diluted shares ~193M.

## SEC filing metadata
- accession: 0001698990-25-000009
- form_type: 8-K
- ticker: MGY
- cik: 0001698990
- company_name: Magnolia Oil & Gas Corp
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698990/000169899025000009/0001698990-25-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698990/000169899025000009/mgy-20250430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698990-25-000009
- JSON: https://secwatch.observer/filing/0001698990-25-000009.json
- Plain text: https://secwatch.observer/filing/0001698990-25-000009.txt

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