secwatch.observer — SEC 8-K summary
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Issuer:     Magnolia Oil & Gas Corp (MGY)
CIK:        0001698990
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001698990-25-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698990/000169899025000009/0001698990-25-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698990/000169899025000009/mgy-20250430.htm
  HTML page:      https://secwatch.observer/filing/0001698990-25-000009

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