secwatch.observer — SEC 8-K summary
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Issuer:     Magnolia Oil & Gas Corp (MGY)
CIK:        0001698990
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001698990-26-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698990/000169899026000007/0001698990-26-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698990/000169899026000007/mgy-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001698990-26-000007

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