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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›MGY›Financials
Annual statements · SEC XBRL · FY2017 – FY2025

Magnolia Oil & Gas Corp (MGY) financials

Income statement

Magnolia Oil & Gas Corp (MGY) income statement, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$403M—$942M$541M$1.08B$1.69B$1.23B$1.32B$1.31B
Revenue growth———-42.5%99.2%57.1%-27.6%7.2%-0.3%
Operating income$190M—$128M-$1.93B$603M$1.07B$534M$512M$439M
Operating margin47.1%—13.5%-355.7%55.9%63.4%43.6%38.9%33.5%
Net income$179M—$50.2M-$1.21B$417M$894M$388M$366M$325M
Net margin44.4%—5.3%-223.2%38.7%52.7%31.6%27.8%24.8%

Cash flow

Magnolia Oil & Gas Corp (MGY) cash flow, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$257M—$648M$310M$788M$1.30B$856M$921M$879M
Dividends paid——$0.00$0.00$14.1M$75.2M$88.1M$97.6M$113M

Balance sheet

Magnolia Oil & Gas Corp (MGY) balance sheet, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$0.00$136M$183M$193M$367M$675M$401M$260M$267M
Total assets$0.00$3.43B$3.47B$1.45B$1.75B$2.57B$2.76B$2.82B$2.90B
Total liabilities$24.6M————————
Long-term debt—$389M$390M$391M$388M$390M$393M$393M$393M
Shareholders' equity$0.00$2.71B$2.73B$839M$1.05B$1.74B$1.88B$1.97B$2.00B
Retained earnings$1.53M$35.5M$82.9M-$1.13B-$708M$186M$486M$755M$967M
Shares (wtd avg diluted)——167M166M175M188M188M186M186M

Every figure is extracted from Magnolia Oil & Gas Corp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Magnolia Oil & Gas Corp's annual revenue?
Magnolia Oil & Gas Corp (MGY) reported $1.31B of revenue for fiscal year 2025 — down 0.3% from $1.32B in FY2024, per its annual report filed with the SEC.
Is Magnolia Oil & Gas Corp profitable?
Yes — MGY earned $325M of net income in FY2025, a 24.8% net margin, per SEC filings.
Does MGY pay a dividend?
Yes — Magnolia Oil & Gas Corp paid $113M in cash dividends during FY2025, per its SEC cash-flow statement.
Full MGY analysis — verdict, score & filings →Is MGY a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.