Magnolia Oil & Gas Corp

Common Name

Magnolia Oil & Gas

Country

United States

Sector

Energy

Industry

Oil & Gas E&P

Employees

252

Ticker

MGY

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.magnoliaoilgas.com

Description

Magnolia Oil & Gas Corp. is an independent oil and natural gas exploration and production company focused primarily on the prolific Eagle Ford Shale and Austin Chalk formations of South Texas. Its pri... Show more

Financial Statements of Magnolia Oil & Gas

Below are the financial statements of Magnolia Oil & Gas, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in thousands of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	260,049^a	401,121^a
Accounts receivable	147,901^a	189,705^a
Drilling advances	2,275^a	12^a
Other current assets	599^a	435^a
Total current assets	410,824^a	591,273^a
Property, plant and equipment	—	—
Oil and natural gas properties	4,403,210^a	3,743,580^a
Other	18,716^a	9,774^a
Accumulated depreciation, depletion and amortization	-2,115,892^a	-1,701,333^a
Total property, plant and equipment, net	2,306,034^a	2,052,021^a
Other assets	—	—
Deferred financing costs, net	7,022^a	3,836^a
Deferred tax assets	77,637^a	90,358^a
Other long-term assets	19,318^a	18,728^a
Total other assets	103,977^a	112,922^a
Total assets	2,820,835^a	2,756,216^a
Current liabilities	—	—
Accounts payable	181,073^a	193,212^a
Other current liabilities	109,188^a	121,675^a
Total current liabilities	290,261^a	314,887^a
Long-term liabilities	—	—
Long-term debt, net	392,513^a	392,839^a
Asset retirement obligations, net of current	161,295^a	148,467^a
Other long-term liabilities	9,440^a	17,355^a
Total long-term liabilities	563,248^a	558,661^a
Stockholders' equity	—	—
Class A common stock	23^a	21^a
Class B common stock	1^a	2^a
Additional paid-in capital	1,880,243^a	1,743,930^a
Treasury stock, at cost	-721,279^a	-538,445^a
Retained earnings	754,591^a	486,162^a
Noncontrolling interest	53,747^a	190,998^a
Total equity	1,967,326^a	1,882,668^a
Total liabilities and stockholders' equity	2,820,835^a	2,756,216^a

Verified Sources Behind Magnolia Oil & Gas’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Magnolia Oil & Gas’s data sources below and access millions more through our Disclosure Search.

a. Magnolia Oil & Gas's 10-K 2024

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Magnolia Oil & Gas Corp

Financial Statements of Magnolia Oil & Gas

Verified Sources Behind Magnolia Oil & Gas’s Financial Fundamentals Data

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