MGYNYSECrude Petroleum & Natural GasUS GAAP · USD

Magnolia Oil & Gas Corp

Magnolia Oil & Gas Corp is an independent U.S. oil and natural gas producer focused on acquiring, developing, exploring, and producing crude oil, natural gas, and NGL reserves. Its core asset base is concentrated in South Texas, where it targets the Eagle Ford Shale and Austin Chalk formations and runs a capital-light, free-cash-flow-oriented operating model.

Kysy yhtiöstä
Liikevaihto1 312milj. USD
−0,3 %v/v
Liikevoitto (EBIT)439milj. USD
−14,2 %v/v
EBIT-marginaali33,5%
−5,4 %-yks.v/v
Nettotulos325milj. USD
−11,1 %v/v
Vapaa kassavirta879milj. USD
−4,6 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−2 000−1 00001 0002 000milj. USD2020: 541 milj. USD2020: EBIT −1 926 milj. USD20202021: 1 078 milj. USD2021: EBIT 603 milj. USD20212022: 1 694 milj. USD2022: EBIT 1 074 milj. USD20222023: 1 227 milj. USD2023: EBIT 534 milj. USD20232024: 1 316 milj. USD2024: EBIT 512 milj. USD20242025: 1 312 milj. USD2025: EBIT 439 milj. USD20251 312439
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Oil production55 %

Production and sale of crude oil from Magnolia's South Texas asset base.

Natural gas production25 %

Sales of produced natural gas from operated wells and acreage positions.

NGL production10 %

Sales of natural gas liquids recovered alongside oil and gas production.

Development and drilling services10 %

Capital deployment into drilling, completions, and well development on owned acreage.

Tuotteet

Raportoitu · osuus liikevaihdosta
70,0%15,5%14,5%FY2025100 %
  • Oil and Condensate70,0 %
  • Natural Gas Liquids Reserves15,5 %
  • Natural Gas Reserves14,5 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Magnolia sells production into commodity markets through a relatively small number of purchasers, which is typical for upstream oil and gas producers. Its customers are mainly refiners, marketers, and other commodity buyers that take physical delivery of oil, gas, and NGL volumes from South Texas production.

Commodity purchasers

Buy Magnolia's oil, natural gas, and NGL production for resale, processing, or downstream use.

Refiners and marketers

Purchase crude oil volumes from Magnolia's producing properties and move them into downstream supply chains.

Midstream and processing counterparties

Handle gathering, transportation, and processing of produced volumes and support market access.

Strategia

Magnolia's strategy is to grow production organically while preserving high full-cycle margins and strong free cash flow. Management emphasizes disciplined capital spending within cash flow, low leverage, and returning capital through dividends and share repurchases.

Disciplined organic production growthKeskipitkä aikaväli

Supports predictable volume growth without relying on large acquisitions or aggressive leverage.

Free cash flow generationLyhyt aikaväli

Free cash flow funds shareholder returns and reduces dependence on external capital.

Shareholder returnsLyhyt aikaväli

Dividends and buybacks are part of the capital allocation framework and support total return.

Maantiede

Magnolia's operations are concentrated in the United States, with essentially all activity tied to one reportable segment in South Texas. The company’s acreage and wells are primarily in the Karnes and Giddings areas, which makes performance highly dependent on local operating conditions, infrastructure, and weather in Texas.

Riskit

Magnolia is exposed to commodity price volatility, customer concentration, and operational concentration in South Texas. Its results also depend on access to rigs, labor, services, and infrastructure, while weather events, cybersecurity threats, and regulatory pressure can disrupt production and raise costs.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Commodity price volatility1Customer concentration2Regional weather and infrastructure disruption3Operational and service-cost inflation4Cybersecurity and systems disruption5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Commodity price volatilityVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Revenue, margins, and cash flow move with oil, gas, and NGL prices that Magnolia cannot control.

    KohdistuuOilNatural gasNGL sales
  2. Customer concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A small number of purchasers buy most production, so losing a major buyer could quickly reduce sales.

    Kohdistuu: Two purchasers represented 61% of revenue attributable to assets in 2025

  3. Regional weather and infrastructure disruptionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Concentrated South Texas assets are vulnerable to hurricanes, winter storms, and transport outages.

    Kohdistuu: Karnes and Giddings areas in Texas

  4. Operational and service-cost inflationVaikutus: KeskitasoTodennäköisyys: Korkea

    Shortages or high costs for rigs, equipment, personnel, and oilfield services can delay development.

    Kohdistuu: Drilling and completion program

  5. Cybersecurity and systems disruptionVaikutus: KeskitasoTodennäköisyys: Matala

    The company relies on information systems and third-party infrastructure to operate wells and manage data.

    KohdistuuIT systemsField operationsThird-party providers

Kirjanpito

Harkinnanvaraiset erät
Reserve estimates

Estimated reserves determine depletion expense and can affect impairment testing if volumes change materially.

Vaikutus: Higher or lower reserve estimates change DD&A and asset carrying values

Income taxes and deferred tax assets

The company must estimate tax basis, temporary differences, and realizability of deferred tax assets.

Vaikutus: Adjustments can change tax expense and balance sheet deferred tax balances

Noncontrolling interests

Magnolia LLC units held by affiliates create allocations between common shareholders and noncontrolling interests.

Vaikutus: Affects net income attributable to Class A common stock

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Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Päivitetty: 24.9.2026