Brief: Magnolia Oil & Gas Corp Announces 2022 Fourth Quarter Results

Magnolia Oil & Gas

14/02/2023 21:37

Feb 14 (Reuters) - Magnolia Oil & Gas Corp  MGY.N :
    * ORATION ANNOUNCES 2022 FOURTH QUARTER AND YEAR-END RESULTS
    * QTRLY  REVENUE $349.0 MILLION VERSUS $332.2 MILLION
    * Q4 EARNINGS PER SHARE VIEW $0.78, REVENUE VIEW $362.6
MILLION --
REFINITIV IBES DATA
    * EXPECT Q1 OF 2023 TO BE HEAVIEST PERIOD OF D&C CAPITAL
EXPENDITURES DURING YEAR, AND IN RANGE OF $140 MILLION TO $150
MILLION
    * TOTAL PRODUCTION FOR Q1 IS ESTIMATED TO BE APPROXIMATELY
80 TO
82 MBOE/D
    * TOTAL PRODUCTION FOR Q1 IS ESTIMATED TO BE APPROXIMATELY
80 TO
82 MBOE/D.

Source text for Eikon:  ID:nBwWLrJ9a 
Further company coverage:  MGY.N 
 ((Reuters.Briefs@thomsonreuters.com;))