---
schema_version: "secwatch.filing_event.v1"
accession: "0001698990-26-000016"
form_type: "8-K"
ticker: "MGY"
cik: "0001698990"
company_name: "Magnolia Oil & Gas Corp"
filed_at: "2026-08-05T20:01:02+00:00"
generated_at: "2026-08-05T20:02:19.520592+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Magnolia Q2 net income doubles to $181.8M; raises production guidance; provides WildFire acquisition financing details

## Summary
- Net income $181.8M ($0.97 diluted EPS) vs $81.0M a year ago; adjusted net income $184.3M ($0.99 adjusted EPS).
- Adjusted EBITDAX $370.3M; free cash flow $234.6M; D&C capex $125M (34% of EBITDAX).
- Production 106.1 Mboe/d (+8% YoY); oil 41.9 Mbbls/d (+5%); raised full-year production growth guidance to 6% from 5%.
- Declared quarterly dividend $0.18/share (+9% increase); repurchased 1.7M shares for $49.3M in Q2.
- WildFire acquisition financing: issued 53.3M shares for $1.23B and $500M senior notes at 6.625% due 2034; expected close late Q3 2026.

## SEC filing metadata
- accession: 0001698990-26-000016
- form_type: 8-K
- ticker: MGY
- cik: 0001698990
- company_name: Magnolia Oil & Gas Corp
- filed_at: 2026-08-05T20:01:02+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/1698990/000169899026000016/0001698990-26-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698990/000169899026000016/mgy-20260805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698990-26-000016
- JSON: https://secwatch.observer/filing/0001698990-26-000016.json
- Plain text: https://secwatch.observer/filing/0001698990-26-000016.txt

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