Jun 2026 (Q2 FY26) — Aug 6, 2026
Magnolia Oil & Gas Q2 FY26 — Record Production and Strategic WildFire Acquisition
Read the full callMagnolia Oil & Gas earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 479 | +50.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 50.0 | +16.2 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 182 | +132.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $22.81 on 17 Oct 2025 → $25.47. High $32.36 (27 Mar 2026), low $21.24 (7 Jan 2026).
Overview
Call summaries
Magnolia Oil & Gas Q2 FY26 — Record Production and Strategic WildFire Acquisition
Read the full callMagnolia Oil & Gas Q1 FY26 — Strong Production Growth and Strategic Bolt-on Acquisitions
Read the full callEvery analysed call
Financials
Net profit, year on year: +133% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 333 | 327 | 350 | 319 | 325 | 318 | 359 | 479 |
| Operating profit | 129 | 124 | 136 | 108 | 101 | 94 | 128 | 240 |
| Operating margin | 38.7% | 38.0% | 38.8% | 33.8% | 31.2% | 29.6% | 35.6% | 50.0% |
| Other income | 3 | -13 | -4 | -6 | -6 | -6 | -6 | -7 |
| Profit before tax | 132 | 111 | 132 | 102 | 95 | 88 | 122 | 232 |
| Tax rate | 20.0% | 20.0% | 19.1% | 20.5% | 18.0% | 19.1% | 17.2% | 21.8% |
| Net profit | 100 | 86 | 103 | 78 | 75 | 69 | 100 | 182 |
| Line item | Dec 2017 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Reserves | 2 | 83 | -1,125 | -708 | 186 | 486 | 755 | 967 |
| Total liabilities | 25 | 738 | 614 | 701 | 832 | 874 | 854 | 904 |
| Total assets | 654 | 3,466 | 1,453 | 1,747 | 2,573 | 2,756 | 2,821 | 2,903 |
| Line item | Dec 2017 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 257 | 648 | 310 | 788 | 1,297 | 856 | 921 | 879 |
| Cash from investing | -314 | -524 | -270 | -243 | -519 | -815 | -655 | -541 |
| Cash from financing | 57 | -76 | -30 | -371 | -469 | -315 | -407 | -331 |
| Net cash flow | 0 | 47 | 10 | 174 | 308 | -274 | -141 | 7 |
Oil and Condensate shrank from 80% to 78% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Oil and Condensate | 80% | 75% | 70% | 71% | 71% | 68% | 72% | 78% | +65.1% |
| Natural Gas Liquids Reserves | 14% | 16% | 15% | 16% | 16% | 15% | 14% | 14% | +31.3% |
| Natural Gas Reserves | 7% | 9% | 15% | 13% | 13% | 17% | 14% | 8% | -7.4% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Production | 102.6K boe/dFor the first quarter of 2026, total company production volumes grew by 6% year-over-year to 102,600 barrels of oil equivalent per day, with oil production growing by 4% and averaging 40,700 barrels per day.Source: earnings call transcript | 106.1K boe/dFor the second quarter of 2026, total company production volumes grew by 8% year-over-year to 106,100 barrels of oil equivalent per day, above our expectations and earlier guidance with oil production growing by 5% and averaging 41,900 barrels per day.Source: earnings call transcript | +3.4% |
| Capital expenditures Drilling and completion | ~$129MDrilling and completion capital for the period was roughly $129 million, providing a reinvestment rate of 51% of our adjusted EBITDAX.Source: earnings call transcript | $125MDrilling and completion capital for the second quarter was $125 million with a reinvestment rate of just 34% of our adjusted EBITDAX and our lowest quarterly rate of capital reinvestment since 2022.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
44 filings between Nov 11, 2025 and Sep 24, 2026.
Purchases
$430.9K
5 purchases by 3 insiders
Sales
$10.85M
7 sales by 7 insiders
Also filed: 3 dispositions to the issuer.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Yang Timothy D. | — | $4.39M | Mar 9, 2026 |
| Stavros Christopher G | — | $3.51M | Mar 9, 2026 |
| Corales Brian | — | $961.0K | Mar 9, 2026 |
| Acosta Arcilia | — | $559.8K | Mar 9, 2026 |
| SMITH DAN F | — | $522.2K | Mar 9, 2026 |
| DJEREJIAN EDWARD P | — | $521.6K | Mar 10, 2026 |
| Szabo Shandell | $2.4K | $375.2K | Jun 1, 2026 |
| Ropp Ralph Lewis | $227.1K | — | Aug 7, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 24, 2026 | Stavros Christopher G CEO & CHAIRMAN | Award | 25,044 | $0 |
| Sep 24, 2026 | Stavros Christopher G CEO & CHAIRMAN | Tax withheld | 9,855 | $243.8K |
| Sep 24, 2026 | Yang Timothy D. EVP, CHIEF LEGAL & COMM & SEC | Award | 13,392 | $0 |
| Sep 24, 2026 | Yang Timothy D. EVP, CHIEF LEGAL & COMM & SEC | Tax withheld | 5,270 | $130.4K |
| Sep 24, 2026 | Corales Brian SVP & CHIEF FINANCIAL OFFICER | Award | 12,193 | $0 |
| Sep 24, 2026 | Corales Brian SVP & CHIEF FINANCIAL OFFICER | Tax withheld | 4,798 | $118.7K |
| Sep 1, 2026 | Acosta Arcilia Director | Award | 80 | $0 |
| Sep 1, 2026 | Khani David M. Director | Purchase | 54 | $1.4K |
| Aug 7, 2026 | Khani David M. Director | Purchase | 8,000 | $200.0K |
| Aug 7, 2026 | Ropp Ralph Lewis Director | Purchase | 5,000 | $123.1K |
| Jun 1, 2026 | Acosta Arcilia Director | Award | 72 | $0 |
| Jun 1, 2026 | Szabo Shandell Director | Purchase | 86 | $2.4K |
| May 8, 2026 | Ropp Ralph Lewis Director | Award | 6,320 | $0 |
| May 8, 2026 | DJEREJIAN EDWARD P Director | Award | 6,320 | $0 |
| May 8, 2026 | SMITH DAN F Director | Award | 8,028 | $0 |
| May 8, 2026 | LARSON JAMES R Director | Award | 6,320 | $0 |
| May 8, 2026 | Khani David M. Director | Award | 6,320 | $0 |
| May 8, 2026 | Acosta Arcilia Director | Award | 6,320 | $0 |
| May 8, 2026 | Szabo Shandell Director | Award | 6,320 | $0 |
| Mar 30, 2026 | Szabo Shandell Director | Sale | 11,731 | $375.2K |
| Mar 10, 2026 | DJEREJIAN EDWARD P Director | Sale | 18,000 | $521.6K |
| Mar 9, 2026 | Acosta Arcilia Director | Sale | 19,235 | $559.8K |
| Mar 9, 2026 | Corales Brian SVP & CHIEF FINANCIAL OFFICER | Sale | 33,000 | $961.0K |
| Mar 9, 2026 | Yang Timothy D. EVP, CHIEF LEGAL & COMM & SEC | Sale | 150,000 | $4.39M |
| Mar 9, 2026 | SMITH DAN F Director | Sale | 18,000 | $522.2K |
| Mar 9, 2026 | Stavros Christopher G CEO & CHAIRMAN | Sale | 119,954 | $3.51M |
| Mar 2, 2026 | Yang Timothy D. EVP - GENERAL COUNSEL & SEC | Tax withheld | 15,156 | $432.7K |
| Mar 2, 2026 | Acosta Arcilia Director | Award | 69 | $0 |
| Mar 2, 2026 | Corales Brian SVP & CHIEF FINANCIAL OFFICER | Tax withheld | 15,916 | $454.4K |
| Mar 2, 2026 | Stavros Christopher G CEO & CHAIRMAN | Tax withheld | 42,863 | $1.22M |
| Feb 5, 2026 | Yang Timothy D. EVP - GENERAL COUNSEL & SEC | Award | 42,122 | $0 |
| Feb 5, 2026 | Corales Brian SVP & CHIEF FINANCIAL OFFICER | Tax withheld | 6,239 | $163.5K |
| Feb 5, 2026 | Corales Brian SVP & CHIEF FINANCIAL OFFICER | Disposition to issuer | 15,854 | $380.3K |
| Feb 5, 2026 | Corales Brian SVP & CHIEF FINANCIAL OFFICER | Award | 40,016 | $0 |
| Feb 5, 2026 | Stavros Christopher G CEO & CHAIRMAN | Tax withheld | 21,368 | $560.1K |
| Feb 5, 2026 | Corales Brian SVP & CHIEF FINANCIAL OFFICER | Option exercise | 31,708 | — |
| Feb 5, 2026 | Stavros Christopher G CEO & CHAIRMAN | Option exercise | 108,603 | — |
| Feb 5, 2026 | Yang Timothy D. EVP - GENERAL COUNSEL & SEC | Disposition to issuer | 24,766 | $594.0K |
| Feb 5, 2026 | Yang Timothy D. EVP - GENERAL COUNSEL & SEC | Tax withheld | 9,746 | $255.4K |
| Feb 5, 2026 | Yang Timothy D. EVP - GENERAL COUNSEL & SEC | Option exercise | 49,532 | — |
| Feb 5, 2026 | Stavros Christopher G CEO & CHAIRMAN | Award | 121,103 | $0 |
| Feb 5, 2026 | Stavros Christopher G CEO & CHAIRMAN | Disposition to issuer | 54,301 | $1.30M |
| Dec 1, 2025 | Acosta Arcilia Director | Award | 76 | $0 |
| Nov 11, 2025 | Ropp Ralph Lewis Director | Purchase | 4,500 | $104.0K |
| Sep 2, 2025 | Acosta Arcilia Director | Award | 71 | $0 |
| Jun 2, 2025 | Acosta Arcilia Director | Award | 81 | $0 |
| May 7, 2025 | Szabo Shandell Director | Award | 7,940 | $0 |
| May 7, 2025 | Khani David M. Director | Award | 7,940 | $0 |
| May 7, 2025 | Ropp Ralph Lewis Director | Award | 7,940 | $0 |
| May 7, 2025 | Acosta Arcilia Director | Award | 7,940 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Free account. Everything above stays public.
Write why you follow Magnolia Oil & Gas Corp and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading