R. Lewis Ropp
On January 7, 2025, the board of directors (the “Board”) of Magnolia Oil & Gas Corporation (the “Company”) appointed R. Lewis Ropp as a director, effective immediately
Highest-materiality recent filing
All eight director nominees elected: Christopher Stavros, Dan Smith, Arcilia Acosta, Edward Djerejian, David Khani, James Larson, R. Lewis Ropp, Shandell Szabo.
Magnolia Q1 net income $100.8M, EPS $0.54; production up 6% YoY; bolt-on acquisitions $155M
Net income of $100.8M, down 5% YoY; diluted EPS $0.54 flat YoY; adjusted EBITDAX $252.9M, up 2%
Magnolia Q4 net income $71.4M, EPS $0.37; record production 103.8 Mboe/d; dividend raised 10%
Net income $71.4M ($0.37 diluted EPS) vs $88.7M in Q4 2024; full-year net income $337.3M ($1.73 diluted EPS).
Magnolia Q3 net income falls 26% YoY to $78.2M; production hits record 100.5 Mboe/d
Net income of $78.2M ($0.40 diluted EPS), down 26% vs $105.9M in Q3 2024.
Magnolia Q2 net income $81M, raises FY production growth guidance to ~10%
Net income $81M ($0.41 diluted EPS), down 23% YoY; adjusted net income $80.9M.
Magnolia Oil & Gas holds 2025 annual meeting; all director nominees elected
All 8 director nominees elected; most votes ~182.9M for, ~0.6M withheld.
Magnolia Q1 net income $106.6M, raises production guidance, lowers capex
Net income $106.6M ($0.54 diluted EPS), up 9% YoY; adjusted net income $105.6M.
Magnolia Q4 net income $88.7M (-22% YoY); production up 9%, dividend raised 15%
Q4 net income $88.7M, diluted EPS $0.44 (down 17% YoY); adjusted net income $95.4M.
Magnolia Oil & Gas Appoints R. Lewis Ropp as Independent Director
Appointment effective January 7, 2025; Ropp fills a Board vacancy and serves on the Audit Committee.
$400M aggregate principal of 6.875% senior notes issued due Dec 1, 2032.
Magnolia Oil & Gas amends RBL facility: $1.5B commitments, $800M borrowing base, maturity 2029
Maximum commitments increased to $1.5B; initial borrowing base set at $800M.
Magnolia proposes $400M senior notes due 2032 to refinance 2026 notes; also amends credit facility
Issuers intend to offer $400M senior unsecured notes due 2032 in private placement.
Magnolia prices $400M 6.875% senior notes due 2032; proceeds to retire 2026 notes
$400M aggregate principal of 6.875% senior unsecured notes due 2032 priced.
Magnolia Oil & Gas Q3 net income $105.9M, EPS $0.52; production up 10% YoY
Net income $105.9M ($0.52 diluted EPS); adjusted net income $100.3M; adjusted EBITDAX $243.6M (up 2% YoY).
EPS $0.51 diluted, up 6% YoY; adjusted EBITDAX $246.1M, up 21% YoY.
Magnolia Q1 net income $97.6M (-9% YoY); acquires Giddings acreage for $125M
Diluted EPS $0.46 (down 8% YoY); adjusted net income $101.0M (down 15%).
Magnolia Oil & Gas shareholders elect all 8 director nominees, approve say-on-pay, ratify KPMG
All eight nominees elected with substantial support; highest vote was Shandell M. Szabo (190,011,184 for).
Magnolia Oil & Gas Q4 net income falls 56% to $0.53 EPS; production rises 16%
Q4 net income $113.9M ($0.53 diluted EPS) vs $254.8M ($1.20) in Q4 2022, down 56%.
Magnolia Oil & Gas appoints David Khani to board; board size increases to 8
Board increased from 7 to 8 directors; David Khani appointed as independent director effective Feb. 6, 2024.
On January 7, 2025, the board of directors (the “Board”) of Magnolia Oil & Gas Corporation (the “Company”) appointed R. Lewis Ropp as a director, effective immediately
On February 6, 2024, the board of directors (the “Board”) of Magnolia Oil & Gas Corporation (the “Company”) increased the size of the Board from seven to eight directors and appointed David Khani to fill the vacancy created by such increase, effective immediately (the “Appointment Date”).
Max materiality 0.85 · Median 0.65 · Most common event earnings