Magnolia Oil & Gas (MGY) Q2 2025 Earnings
Reported Jul 30, 2025 at 4:01 PM ET · SEC Source
Q2 25 EPS
$0.41
BEAT +2.83%
Est. $0.40
Q2 25 Revenue
$319.0M
BEAT +1.59%
Est. $314.0M
vs S&P Since Q2 25
-10.3%
TRAILING MARKET
MGY +7.5% vs S&P +17.8%
Market Reaction
Did MGY Beat Earnings? Q2 2025 Results
Magnolia Oil & Gas delivered a modest beat in its second quarter of 2025, posting earnings of $0.41 per share against a consensus estimate of $0.40 and revenue of $318.98 million, edging past the $314.00 million expectation by 1.59%, even as total re… Read more Magnolia Oil & Gas delivered a modest beat in its second quarter of 2025, posting earnings of $0.41 per share against a consensus estimate of $0.40 and revenue of $318.98 million, edging past the $314.00 million expectation by 1.59%, even as total revenue slipped 5.3% from a year ago. The central tension of the quarter was a familiar one for the energy sector: record production volumes running headlong into weaker commodity prices. Total output reached 98.2 Mboe/d, up 9% year-over-year, yet realized oil prices collapsed to $62.20 per barrel from $79.74 in Q2 2024, compressing operating margins and dragging net income down 23% to $81.03 million. The Giddings asset, which contributed 79% of total volumes, remained the primary growth engine, and its continued strong well performance prompted management to lift full-year production growth guidance to roughly 10%, up from the prior 7-9% range. Capital discipline held firm, with D&C spending consuming just 43% of adjusted EBITDAX, well below the company's self-imposed 55% ceiling, and free cash flow of $107.47 million funded $77.90 million in shareholder returns, including a recently declared $0.15 quarterly dividend.
Key Takeaways
- • Record total and oil production driven by strong well performance and productivity at Giddings
- • Giddings total production grew 11% year-over-year to 77.4 Mboe/d
- • D&C capital reinvestment rate of 43% of adjusted EBITDAX, well below 55% self-imposed ceiling
- • Lease operating expenses declined sharply to $4.88/boe from $5.40/boe year-over-year
- • Lower commodity prices: realized oil at $62.20/bbl vs $79.74/bbl year-ago
- • Total adjusted cash operating costs declined to $10.70/boe from $11.10/boe
MGY YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
MGY Revenue by Segment
With YoY comparisons, source: SEC Filings
“Magnolia delivered another strong period of quarterly results, and we continued to execute on our business model as demonstrated by our financial and operating performance. The Company's total production and oil production set a new quarterly record supported by solid ongoing well performance notably at our Giddings asset. We now expect that our resilient well productivity to help drive our full-year 2025 production growth to approximately 10 percent.”
— Chris Stavros, Q2 2025 Earnings Press Release
MGY Earnings Trends
MGY vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
MGY EPS Trend
Earnings per share: estimate vs actual
MGY Revenue Trend
Quarterly revenue: estimate vs actual
MGY Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.52 | $0.54 | +3.19% | $358.5M | +1.16% |
| Q4 25 BEAT FY | $0.36 | $0.37 | +1.84% | $317.6M | +1.24% |
| FY Full Year | — | $1.73 | — | $1.31B | — |
| Q3 25 MISS | $0.42 | $0.40 | -3.80% | $324.9M | +0.61% |
| Q2 25 BEAT | $0.40 | $0.41 | +2.83% | $319.0M | +1.59% |