Magnolia Oil & Gas Corp (MGY)

Magnolia Oil & Gas Corporation, an independent oil and natural gas company, engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. The company's properties are located primarily in Karnes County and the Giddings area in South Texas comprising the Eagle Ford Shale and the Austin Chalk formation. The company was incorporated in 2017 and is headquartered in Houston, Texas.

Symbol: MGY
Exchange: NYSE
Sector: Energy
Industry: Oil & Gas E&P
Market cap: $4.38B
52 week range: 21.07 - 32.76

Valuation

Share price: $23.71 (close of 2026-09-28)
P/E (TTM): 10.27x
Price to book: 2.04x
Price to free cash flow: 4.22x
Enterprise value: $4.49B
Book value per share: $11.63

Price performance

Period	Change
1 day	-1.66%
5 days	-2.27%
1 month	-9.68%
3 months	-11.46%
6 months	-26.73%
Year to date	+8.31%
1 year	-6.14%
3 years	+2.20%
5 years	+32.53%
All time	+137.10%

Members of Congress who disclosed MGY trades

Lisa McClain · Gilbert Ray Cisneros · Josh Gottheimer

Profitability and growth

Return on equity: 16.27%
Return on invested capital: 16.75%
Return on assets: 11.20%
Return on capital employed: 16.79%
Gross margin: 40.88%
Net margin: 24.79%
EBITDA margin: 66.85%
Revenue growth: -0.31%
Net income growth: -11.14%
Free cash flow growth: -4.58%

Cash flow and balance sheet

Free cash flow yield (TTM): 23.70%
Current ratio: 1.58x
Net debt to EBITDA: 0.12x

Latest reported year

Period end: 2025-12-31
Fiscal year: 2025
Revenue: $1.31B
Cost of revenue: $775.63M
Gross profit: $536.22M
EBITDA: $876.94M
Net income: $325.25M
Earnings per share: $1.75
Shares outstanding: 185.58M

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2025-12-31	$1.31B	$536.22M	$325.25M	$1.75
2024-12-31	$1.32B	$600.72M	$366.03M	$1.96
2023-12-31	$1.23B	$611.59M	$388.30M	$2.06
2022-12-31	$1.69B	$1.15B	$893.84M	$4.77
2021-12-31	$1.08B	$677.87M	$417.28M	$2.39
2020-12-31	$541.30M	-	-$1.21B	$-7.27
2019-12-31	$942.16M	$196.93M	$50.20M	$0.31
2017-12-31	$403.19M	$208.58M	$178.87M	$0.00

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2025-12-31	40.88%	24.79%	16.27%	16.75%
2024-12-31	45.65%	27.82%	18.61%	19.71%
2023-12-31	49.84%	31.65%	20.63%	22.80%
2022-12-31	67.64%	52.75%	51.36%	73.34%
2021-12-31	62.86%	38.70%	39.92%	55.20%
2020-12-31	-	-223.24%	-143.96%	-176.60%
2019-12-31	20.90%	5.33%	1.84%	3.84%
2017-12-31	51.73%	44.36%	3577.48%	4514.12%

Cash and debt by year

Period end	Cash	Debt
2025-12-31	$266.79M	$393.25M
2024-12-31	$260.05M	$392.51M
2023-12-31	$401.12M	$392.84M
2022-12-31	$675.44M	$390.38M
2021-12-31	$366.98M	$388.09M
2020-12-31	$192.56M	$391.12M
2019-12-31	$182.63M	$389.83M
2017-12-31	$851.47K	-

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	$878.64M	$27.26M
2024-12-31	$920.85M	$18.66M
2023-12-31	$855.79M	$16.17M
2022-12-31	$1.30B	$13.31M
2021-12-31	$788.48M	$11.74M
2020-12-31	$310.12M	$10.03M
2019-12-31	$647.62M	$11.09M
2017-12-31	$257.37M	-