Magnolia Oil & Gas Corporations Q2 net income falls 23%

Magnolia Oil & Gas

30/07/2025 21:10

Overview

Magnolia Oil & Gas Corporations Q2 net income falls 23% yr/yr, adjusted EBITDAX down 9%

Company's production grows 9% yr/yr, driven by strong well performance

Magnolia raises full-year production growth guidance to 10%

Outlook

Magnolia raises full-year 2025 production growth guidance to 10%

Company maintains 2025 D&C capital spending at $430-$470 mln

Magnolia expects Q3 2025 production of approximately 99 Mboe/d

Company anticipates Q3 lease operating expenses at $5.25 per boe

Result Drivers

PRODUCTION GROWTH - Magnolia attributes 9% production increase to strong well performance, particularly in Giddings area

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.41
Q2 Net Income
$81 mln
Q2 Adjusted EBITDA
$223.20 mln
Q2 Capex
$95.20 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy", 9 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the oil & gas exploration and production peer group is "buy."

Wall Street's median 12-month price target for Magnolia Oil & Gas Corp is $26.00, about 5.4% above its July 29 closing price of $24.60

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nBw4WGm4na

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)