Magnolia raises 2025 production growth guidance; Q1 EPS rises to $0.54 from $0.46
Magnolia Oil & Gas reported first quarter 2025 net income of $106.6 million, or $0.54 per diluted share, up from $97.6 million, or $0.46, a year earlier. The company raised its full-year 2025 production growth guidance to 7% to 9% from 5% to 7%, and lowered its drilling and completions capital budget to $430 million to $470 million from $460 million to $490 million.
Key points
- Q1 2025 total revenues were $350.3 million, compared with $319.4 million in Q1 2024.
- Average daily production reached 96.5 thousand barrels of oil equivalent per day, up 14% from a year earlier.
- The company repurchased 2.2 million Class A shares for $52.0 million in the quarter and declared a $0.15 per share dividend payable June 2, 2025.
- Second quarter 2025 production is estimated at approximately 97 thousand barrels of oil equivalent per day.
The filing
Written by AI on Nov 8, 2026, 12:58 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 April 30, 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.