Short answer
Magnolia Oil & Gas Corp (MGY) filed its fiscal 2025 10-K annual report with the SEC on Feb 12, 2026. It reported revenue of $1.3B (−0.3% year over year) and net income of $325M.
- Top risk flagged: Regulatory risk: U.S. limits on wastewater disposal and hydraulic fracturing permitting delays impacting drilling schedules
FY2025 key financial metrics · XBRL
- Revenue
- $1.3B
- −0.3% YoY
- Net income
- $325M
- −11.1% YoY
- Operating margin
- 33.5%
- −5.4 pp YoY
- ROE
- 16.3%
- −2.3 pp YoY
- Operating cash flow
- $879M
- −4.6% YoY
Source: XBRL data from the Magnolia Oil & Gas Corp (MGY) FY2025 10-K on SEC EDGAR. USD.
Magnolia Oil & Gas Corp FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Management Discussion & Analysis
- Revenue $1.31B, stable YoY vs $1.32B; oil down $128.6M (-12%), natural gas up $100M (+111%), NGLs up $24.6M (+14%)
- Operating costs $872.7M vs $803.9M; lease operating expense $186.6M, gathering/processing $67.1M; DD&A $437.8M; margin impact not explicitly given
- Best segment: natural gas revenues +$100M to $190.3M due to 79% price and 17% volume increase; worst: oil revenues down $128.6M to $918M from price drop
- Cash flow from operations $878.6M vs $920.9M; capital expenditures $469.5M; share repurchases $205.5M; dividends $113.1M in 2025
- Forward view highlights ongoing commodity price volatility, inflation and geopolitical risks; capital discipline emphasized, spending within cash flow with low leverage
Risk Factors
- Regulatory risk: U.S. limits on wastewater disposal and hydraulic fracturing permitting delays impacting drilling schedules
- Macroeconomic risk: Concentrated production in South Texas exposed to Gulf Coast hurricanes disrupting transportation and causing production shut-ins
- Operational vulnerability: Reliance on new horizontal drilling and completion techniques with risks of cost overruns, production delays, or well abandonment
- Market disruption risk: Dependence on two purchasers accounting for 61% of 2025 revenue risks revenue loss if either ceases purchases
- Financial risk: Inability to obtain capital on satisfactory terms may delay development of 43.6 MMboe proved undeveloped reserves, reducing future production
Generated from the filing text; verify against the original. How to read a 10-K
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