Magnolia Oil & Gas Q4 net income falls 22% to $88.7 million; revenue rises slightly
Magnolia Oil & Gas reported fourth-quarter 2024 net income of $88.7 million, down 22% from $113.9 million a year earlier, and diluted EPS of $0.44 versus $0.53. Full-year 2024 net income was $397.3 million, down 10%, while total revenues rose to $1.32 billion from $1.23 billion and production grew 9%. The company also raised its quarterly dividend 15% to $0.15 per share and guided to 2025 total production growth of 5% to 7% on D&C capital of $460 million to $490 million.
Key points
- Q4 2024 net income $88.7 million (down 22%); diluted EPS $0.44 versus $0.53; Q4 total revenues $326.6 million versus $322.6 million
- Full-year 2024 net income $397.3 million (down 10%); diluted EPS $1.94 versus $2.04; full-year total revenues $1.32 billion versus $1.23 billion
- Quarterly dividend raised 15% to $0.15 per Class A share, payable March 3, 2025, to holders of record as of February 14, 2025
- 2025 guidance: D&C capital of $460 million to $490 million and full-year total production growth of 5% to 7%
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 18, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.