Magnolia Oil & Gas Corp

MGY · Small cap · Calculated market cap · $5.6B · as of 2026-09-30

Company Stats

Market Cap: $5.6B; as of Sep 30, 2026
Enterprise Value: $5.7B
Shares Outstanding: 237.0M
Free Float: 83.3%

Income Statement

Revenue: $1.3B
Operating Income: $439.2M
Net Income: $325.3M
EBITDA: $876.9M
Revenue Growth, 3Y: -8.2%
FCF Margin, 3Y Avg: 66.6%
FCF Margin, Worst Year: 65.3%

Cash Flow

Free Cash Flow: $857.3M
FCF Yield: 15.4%
Owner FCF Yield: 14.9%

Balance Sheet

Cash & Equivalents: $266.8M
Total Debt: $400.0M
Net Debt: $133.2M
Net Debt / EBITDA: 0.15x
EV / EBITDA: 6.50x
Net Debt / EBIT: 0.30x

Returns & Capital

Dividends Paid: $113.1M
Dividend Yield: 2.0%
Dividend Payout, 3Y Avg: 28.0%
SBC, 3Y Avg: $20.7M

Cash Flow by Year

Year	Revenue	FCF	Margin
FY2025	$1.3B	$857.3M	65.3%
FY2024	$1.3B	$889.1M	67.6%
FY2023	$1.2B	$821.7M	67.0%
FY2022	$1.7B	$1.2B	72.5%
FY2021	$1.1B	$758.5M	70.3%

Annual filing data through FY ended December 31, 2025; shares and float as of November 4, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Company RSS

Earnings

Jul 20, 2026Magnolia Raises Production Outlook, Strikes WildFire Deal

Other Coverage

October 8, 2026 Small-Cap Signal

Magnolia debt falls faster after WildFire close October 1, 2026 Deals

Magnolia Closes WildFire Deal, Targets 0.5x Leverage September 28, 2026 QBook

Stronger demand supports expansion as pricing diverges September 15, 2026 Deals

Magnolia Oil & Gas to Buy WildFire Energy for $4.06 Billion August 14, 2026 Industry Earnings Roundup

Energy Earnings: Demand Runs Hot, Capex Stays Disciplined July 20, 2026 Deals

Magnolia Oil & Gas to Buy WildFire Energy in $4.06 Billion Deal

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