Magnolia Oil & Gas reported third-quarter 2026 net income of $80.5 million, or $0.35 per diluted share, compared with $78.2 million, or $0.40 per share, a year earlier. Total revenue rose to $513.9 million from $324.9 million, while adjusted net income was $166.3 million, or $0.71 per share, after excluding $68.7 million of WildFire acquisition costs and a $39.9 million unrealized derivative loss. The board also raised the share repurchase authorization by 15 million shares, leaving 22.6 million shares available, which matters to shareholders because it gives the company more room to buy back stock.
Q3 2026 net income was $80.5 million versus $78.2 million a year earlier; diluted EPS was $0.35 versus $0.40.
Adjusted EBITDAX was $392.0 million versus $218.8 million; adjusted EPS was $0.71.
The company repurchased 2.3 million shares for $60.2 million in the quarter and raised its authorization by 15 million shares to 22.6 million remaining.
Q4 2026 guidance calls for total production of 159 to 161 Mboe/d and D&C capital spending of about $235 million.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
From Magnolia Oil & Gas, Corp.'s 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$1.31B
-0.3%
—
—
24.8%
FY2024
$1.32B
+7.2%
—
—
27.8%
FY2023
$1.23B
-27.6%
—
—
31.6%
FY2022
$1.69B
+57.1%
—
—
52.7%
FY2021
$1.08B
+99.2%
—
—
38.7%
Frequently asked questions
When is Magnolia Oil & Gas's next earnings date?
Magnolia Oil & Gas has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.