earnings
confidence high
sentiment negative
materiality 0.75
Magnolia Q3 net income falls 26% YoY to $78.2M; production hits record 100.5 Mboe/d
Magnolia Oil & Gas Corp
- Net income of $78.2M ($0.40 diluted EPS), down 26% vs $105.9M in Q3 2024.
- Record quarterly production of 100.5 Mboe/d, up 11% YoY; Giddings production rose 15%.
- Adjusted EBITDAX $218.8M (down 10% YoY); D&C capex $118.4M, 54% of EBITDAX.
- Free cash flow $133.9M; returned $80.3M via $0.15/share dividend and $51.4M buybacks.
- Guides Q4 production ~101 Mboe/d, full-year capex ~$450M, reaffirms ~10% total production growth.