secwatch.observer — SEC 8-K summary
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Issuer:     Magnolia Oil & Gas Corp (MGY)
CIK:        0001698990
Form:       8-K
Filed at:   2026-08-05T20:01:02+00:00
Accession:  0001698990-26-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698990/000169899026000016/0001698990-26-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698990/000169899026000016/mgy-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001698990-26-000016

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