10-Q quarterly report · filed May 7, 2026

Magnolia Oil & Gas Corp (MGY) Q1 2026 10-Q Quarterly Report

Short answer

Magnolia Oil & Gas Corp (MGY) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $359M (up 2.3% year over year) with net income of $100M.

Q1 2026 key financials · XBRL

Revenue
$359M
+2.3% YoY
Net income
$100M
−3.0% YoY
Operating margin
35.6%

Source: XBRL data from the Magnolia Oil & Gas Corp (MGY) Q1 2026 10-Q on SEC EDGAR. USD.

Magnolia Oil & Gas Corp Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $358.5M, up $8.2M YoY from $350.3M
  • Net income $100.8M; NGLs weakest line, revenue down $4.0M to $49.4M
  • Oil strongest line, revenue up $11.8M to $257.3M
  • Operating cash flow $197.6M vs $224.5M; cash $124.4M after $155.0M acquisitions
  • Outlook: spend within cash flow; headwinds from commodity volatility and geopolitical supply disruptions

Risk Factors

  • No material changes to risk factors since the 2025 Form 10-K
  • Carried-forward market risk referenced in Part I, Item 3: Quantitative and Qualitative Disclosures About Market Risk
  • No new regulatory, legal, or compliance risk identified this quarter
  • No new operational, competitive, or market risk identified this quarter
  • No new liquidity, debt-maturity, currency, or concentration risk identified this quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other Magnolia Oil & Gas Corp quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.