Magnolia Oil & Gas Corporation (MGY)

Magnolia Oil & Gas Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,347	1,316	1,227	1,694	1,078	541.3
Revenue Growth (YoY)	8.79%	7.25%	-27.59%	57.14%	99.21%	-42.55%
Cost of Revenue	228.05	220.71	199.82	196.27	138.56	114.63
Gross Profit	1,119	1,095	1,027	1,498	939.8	426.67
Selling, General & Admin	89.77	88.73	77.1	72.43	75.28	68.92
Other Operating Expenses	80.74	78.59	69.6	97.28	63.87	36.4
Operating Expenses	595.46	583.19	492.68	424.44	340.31	970.51
Operating Income	523.25	511.99	534.49	1,074	599.48	-543.84
Interest Expense	-34.04	-31.1	-30.6	-32.2	-31.2	-29.5
Interest & Investment Income	16.73	16.73	30.57	8.76	0.2	0.8
Earnings From Equity Investments	-	-	-	-	-	2.11
Other Non Operating Income (Expenses)	1.64	-3.89	7.72	6.54	0.09	-1.71
EBT Excluding Unusual Items	507.58	493.73	542.17	1,057	568.57	-572.14
Gain (Loss) on Sale of Investments	3.9	3.9	-	-	-	5.07
Asset Writedown	-	-	-	-	-	-1,381
Other Unusual Items	-4.48	-4.48	7.64	-	-	-
Pretax Income	507	493.14	549.81	1,057	568.57	-1,948
Income Tax Expense	100.61	95.81	107.21	6.64	8.85	-79.34
Earnings From Continuing Operations	406.38	397.33	442.6	1,050	559.72	-1,869
Minority Interest in Earnings	-22.51	-31.3	-54.3	-156.41	-142.43	660.59
Net Income	383.87	366.03	388.3	893.84	417.28	-1,208
Preferred Dividends & Other Adjustments	5.01	4.5	4.35	8.2	2.79	-
Net Income to Common	378.86	361.53	383.96	885.63	414.49	-1,208
Net Income Growth	1.81%	-5.74%	-56.56%	114.20%	-	-
Shares Outstanding (Basic)	188	186	188	187	174	166
Shares Outstanding (Diluted)	188	186	188	188	175	166
Shares Change (YoY)	1.13%	-0.99%	0.24%	7.15%	5.47%	-0.46%
EPS (Basic)	2.01	1.94	2.04	4.73	2.38	-7.27
EPS (Diluted)	2.01	1.94	2.04	4.71	2.36	-7.27
EPS Growth	0.57%	-4.90%	-56.75%	99.40%	-	-
Free Cash Flow	450.65	434.12	430.9	831.55	552.05	112.26
Free Cash Flow Per Share	2.40	2.33	2.29	4.42	3.15	0.68
Dividend Per Share	0.560	0.540	0.475	0.315	0.280	-
Dividend Growth	14.29%	13.68%	50.79%	12.50%	-	-
Gross Margin	83.07%	83.23%	83.71%	88.42%	87.15%	78.82%
Operating Margin	38.85%	38.91%	43.56%	63.37%	55.59%	-100.47%
Profit Margin	28.13%	27.47%	31.29%	52.26%	38.44%	-223.24%
Free Cash Flow Margin	33.46%	32.99%	35.12%	49.07%	51.19%	20.74%
EBITDA	953.18	933.2	879.05	1,320	801.45	323.73
EBITDA Margin	70.78%	70.92%	71.64%	77.91%	74.32%	59.81%
D&A For EBITDA	429.93	421.22	344.56	246.4	201.96	867.58
EBIT	523.25	511.99	534.49	1,074	599.48	-543.84
EBIT Margin	38.85%	38.91%	43.56%	63.37%	55.59%	-100.47%
Effective Tax Rate	19.84%	19.43%	19.50%	0.63%	1.56%	-
Revenue as Reported	1,347	1,316	1,227	1,694	1,078	541.3

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q