Short answer
Magnolia Oil & Gas Corp (MGY) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $479M (up 50.1% year over year) with net income of $182M.
Q2 2026 key financials · XBRL
- Revenue
- $479M
- +50.1% YoY · +33.6% QoQ
- Net income
- $182M
- +132.7% YoY · +82.1% QoQ
- Operating margin
- 50.0%
Source: XBRL data from the Magnolia Oil & Gas Corp (MGY) Q2 2026 10-Q on SEC EDGAR. USD.
Magnolia Oil & Gas Corp Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q2 revenue $478.8M vs $319.0M, up $159.8M YoY
- Net income $181.8M vs $128.4M; no operating-margin percentage disclosed
- Oil revenue $373.8M, best performer; natural gas revenue $39.7M vs $42.9M, weakest
- Cash $295.9M; operating cash flow $581.6M vs $423.2M for six months
- Outlook: spend within cash flow; headwinds from commodity volatility, geopolitical disruptions, tariffs, and capital availability
Risk Factors
- New acquisition risk: WildFire transaction conditions, including HSR approval, must be satisfied by October 13, 2026 or March 12, 2027
- Regulatory risk: Title, environmental, casualty, and consent-related defects cannot exceed 15% of unadjusted purchase price
- Operational risk: WildFire integration may fail to deliver anticipated cost savings, revenue growth, or strategic benefits
- Legal risk: WildFire-related securities class actions or derivative lawsuits could impose substantial costs
- Financial risk: Acquisition failure could redirect offering proceeds to debt reduction, with indebtedness potentially reborrowed
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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