---
schema_version: "secwatch.filing_event.v1"
accession: "0001698990-26-000007"
form_type: "8-K"
ticker: "MGY"
cik: "0001698990"
company_name: "Magnolia Oil & Gas Corp"
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:49:15.748515+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Magnolia Q1 net income $100.8M, EPS $0.54; production up 6% YoY; bolt-on acquisitions $155M

## Summary
- Net income of $100.8M, down 5% YoY; diluted EPS $0.54 flat YoY; adjusted EBITDAX $252.9M, up 2%
- Total production 102.6 Mboe/d (+6% YoY); oil 40.7 Mbbls/d (+4%); Giddings volumes grew 9% YoY
- Bolt-on acquisitions of ~6,200 net acres for $155M, adding ~500 boe/d production (~45% oil)
- Repurchased 2.0M shares for $51.9M; declared $0.165/share dividend; returned $83.3M (57% of FCF) to shareholders
- Q2 2026 guidance: D&C capex $120-125M, production ~105 Mboe/d; full-year production growth ~5% reiterated

## SEC filing metadata
- accession: 0001698990-26-000007
- form_type: 8-K
- ticker: MGY
- cik: 0001698990
- company_name: Magnolia Oil & Gas Corp
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1698990/000169899026000007/0001698990-26-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698990/000169899026000007/mgy-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698990-26-000007
- JSON: https://secwatch.observer/filing/0001698990-26-000007.json
- Plain text: https://secwatch.observer/filing/0001698990-26-000007.txt

## Source-grounded claims
- claim_id: c4fd62c7e7cf6751bde3b35e04968502a720dc4a
  claim: Magnolia Oil & Gas Corp reported the quarter ended March 31, 2026 results: net income $100.8 million, EPS $0.54 per diluted share.
  evidence_excerpt: Magnolia reported first quarter 2026 net income attributable to Class A Common Stock of $99.8 million, or $0.54 per diluted share. First quarter 2026 total net income was $100.8 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698990/000169899026000007/0001698990-26-000007-index.htm

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