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MGY on NYSE

Magnolia Oil & Gas Corp

Magnolia Oil & Gas Corp is an American crude petroleum and natural gas company, incorporated in Delaware.1 It is headquartered in Houston, Texas.1 Its shares trade on NYSE under the symbol MGY.1

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Last updated Oct 21, 2026.

Overview

$1.3BRevenue, fiscal 20252
$325.3MNet income, fiscal 20252

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  • TickerMGY on NYSE1
  • IndustryCrude Petroleum & Natural Gas1
  • HeadquartersHouston, Texas1
  • Incorporated inDE3
  • Business address990 Town And Country, Suite 900, Houston, Tx 770243
  • Filer categoryLarge accelerated filer3

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

33.5%Operating margin2
24.8%Net margin2
-0.3%Revenue growth, 20252
16.3%Return on equity2
0.20×Debt to equity2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Oil and Condensate brought in 70% of the revenue Magnolia Oil & Gas Corp broke down this way in fiscal 2025.

  1. Oil and Condensate$918.0M270%down 12% from 2024
  2. Natural Gas Liquids (NGL)$203.6M216%up 14% from 2024
  3. Natural Gas$190.3M215%up 111% from 2024
Products and services by year
Products and services202320242025
Oil and Condensate$958.4M$1.0B$918.0M
Natural Gas Liquids (NGL)$166.5M$178.9M$203.6M
Natural Gas$102.1M$90.3M$190.3M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs69¢$906.5M
  • Income tax6¢$80.1M
  • Profit25¢$325.3M

Out of $1.3B in revenue.2

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid13¢$113.1M
  • Kept or used elsewhere87¢$765.5M

Out of $878.6M of cash from operations.2

Financial statements

Revenue56782$1.3B in 2025+39% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $942.2M$942.2M20192020: $541.3M$541.3M2020−43%2021: $1.1B$1.1B2021+99%2022: $1.7B$1.7B2022+57%2023: $1.2B$1.2B2023−28%2024: $1.3B$1.3B2024+7%2025: $1.3B$1.3B2025−0%
Operating income56782$439.2M in 2025+244% since 2019
-$2.0B-$1.0B0$1.0B$2.0B2019: $127.5M$127.5M20192020: -$1.9B-$1.9B20202021: $602.6M$602.6M20212022: $1.1B$1.1B2022+78%2023: $534.5M$534.5M2023−50%2024: $512.0M$512.0M2024−4%2025: $439.2M$439.2M2025−14%
Net income56782$325.3M in 2025+548% since 2019
-$2.0B-$1.0B0$1.0B2019: $50.2M$50.2M20192020: -$1.2B-$1.2B20202021: $417.3M$417.3M20212022: $893.8M$893.8M2022+114%2023: $388.3M$388.3M2023−57%2024: $366.0M$366.0M2024−6%2025: $325.3M$325.3M2025−11%

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2025-12-312024-12-312023-12-31
Total revenues$1.3B$1.3B$1.2B
Lease operating expenses$186.6M$180.9M$155.5M
Gathering, transportation, and processing$67.1M$39.8M$44.3M
Taxes other than income$76.5M$71.9M$65.6M
Exploration expenses$962.0K$1.4M$5.4M
Asset retirement obligations accretion$6.8M$6.7M$4.0M
Depreciation, depletion and amortization$437.8M$414.5M$324.8M
Impairment of oil and natural gas properties$0$0$15.7M
General and administrative expenses$97.0M$88.7M$77.1M
Total operating expenses$872.7M$803.9M$692.5M
OPERATING INCOME$439.2M$512.0M$534.5M
Interest expense, net-$21.6M-$14.4M-$33.0K
Loss on extinguishment of debt$0-$8.8M$0
Other income (expense), net-$153.0K$4.3M$15.4M
Total other income (expense), net-$21.8M-$18.8M$15.3M
INCOME BEFORE INCOME TAXES$417.4M$493.1M$549.8M
Income tax expense$80.1M$95.8M$107.2M
NET INCOME$337.3M$397.3M$442.6M
LESS: Net income attributable to noncontrolling interest$12.0M$31.3M$54.3M
NET INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK$325.3M$366.0M$388.3M
Basic (in shares)185.6M shares186.5M shares188.2M shares
Diluted (in shares)185.6M shares186.5M shares188.4M shares
Postretirement benefits-$1.6M$0$0
COMPREHENSIVE INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK$323.6M$366.0M$388.3M

Compare Magnolia Oil & Gas Corp with another company

Corporate structure

Magnolia Oil & Gas Corp sits at the top of its group. 7 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Magnolia Oil & Gas Corp

  • Magnolia Oil & Gas Corp Houston, Texas
    • Gulf Coast Ultra Deep Royalty Trust Stake · Houston, Texas
    • Magnolia Oil & Gas Finance Corp. Subsidiary · Delaware, United States
    • Magnolia Oil & Gas Holdings LLC Subsidiary · Delaware, United States
    • Magnolia Oil & Gas Intermediate LLC Subsidiary · Delaware, United States
    • Magnolia Oil & Gas Operating LLC Subsidiary · Delaware, United States
    • Magnolia Oil & Gas Parent LLC Subsidiary · Delaware, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G; stakes of 5% or more it reported on Schedules 13D and 13G (1 companies). Each entity in the chart links to its source.

What it owns

What Magnolia Oil & Gas Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Operating-lease assets (leased space)$26.0M2 Dec 31, 2025$17.1M2 Dec 31, 2024+52.2%
Oil and gas properties$2.4B2 Dec 31, 2025$2.3B2 Dec 31, 2024+5.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$266.8M2 Dec 31, 2025$260.0M2 Dec 31, 2024+2.6%

Leadership

Who has led Magnolia Oil & Gas Corp, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Stephen I. Chazen2017–2021
  2. Christopher G. Stavros2023–now

Chair

  1. Stephen I. Chazen2018–2021
  2. Christopher G. Stavros2026–now

President

  1. Stephen I. Chazen2017–2021

Chief financial officer

  1. Martin Davidson2017
  2. Christopher G. Stavros2018–2022
  3. Brian Corales2022–now
20202025
Board members and other officers (19)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Magnolia Oil & Gas Finance Corp. Delaware4
  • Magnolia Oil & Gas Holdings LLC Delaware4
  • Magnolia Oil & Gas Intermediate LLC Delaware4
  • Magnolia Oil & Gas Operating LLC Delaware4
  • Magnolia Oil & Gas Parent LLC Delaware4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • TPG Pace Energy Holdings Corp.Feb 28, 2017 to Jul 17, 20183

Timeline

  1. Oct 1, 20268-K Results of operations38
  2. Sep 14, 20268-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation39
  3. Aug 5, 20268-K Results of operations; Regulation FD disclosure40
  4. Aug 5, 20268-K Entered a material agreement; New debt or obligation41
  5. Jul 23, 20268-K Other events42
  6. Jul 22, 20268-K Other events43
  7. Jul 22, 20268-K Other events44
  8. Jul 20, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares45
  9. Jul 20, 20268-K Other events46
  10. May 8, 20268-K Shareholder vote47
  11. May 6, 20268-K Results of operations; Regulation FD disclosure48
  12. Feb 5, 20268-K Results of operations; Regulation FD disclosure49
  13. Feb 15, 2023New chief executive Christopher G. Stavros becomes CEO14
  14. May 4, 2017New chief executive Stephen I. Chazen becomes CEO15

Calendar

Coming up

  1. Nov 4, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.41 a share, on Oct 29, 2025.50

When it reported results

  1. Oct 1, 2026Reported quarterly or annual results38
  2. Aug 5, 2026Reported quarterly or annual results40
  3. May 6, 2026Reported quarterly or annual results48
  4. Feb 5, 2026Reported quarterly or annual results49
  5. Oct 29, 2025Reported quarterly or annual results51
  6. Jul 30, 2025Reported quarterly or annual results52
  7. Apr 30, 2025Reported quarterly or annual results53
  8. Feb 18, 2025Reported quarterly or annual results54

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

296 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 45 major events, 144 insider forms, 40 large holders, 47 other. The latest 20:

  1. Oct 1, 20268-K EDGAR
  2. Sep 25, 20264 EDGAR
  3. Sep 25, 2026SD EDGAR
  4. Sep 25, 20264 EDGAR
  5. Sep 25, 20264 EDGAR
  6. Sep 16, 2026SCHEDULE 13G EDGAR
  7. Sep 16, 20263 OWNERSHIP DOCUMENT EDGAR
  8. Sep 15, 2026S-3ASR EDGAR
  9. Sep 14, 20268-K EDGAR
  10. Sep 3, 20264 EDGAR
  11. Sep 3, 20264 EDGAR
  12. Aug 11, 20264 OWNERSHIP DOCUMENT EDGAR
  13. Aug 11, 20264 OWNERSHIP DOCUMENT EDGAR
  14. Aug 6, 202610-Q EDGAR
  15. Aug 5, 20268-K EDGAR
  16. Aug 5, 20268-K EDGAR
  17. Jul 31, 2026SCHEDULE 13G/A EDGAR
  18. Jul 23, 20268-K EDGAR
  19. Jul 22, 20268-K EDGAR
  20. Jul 22, 20268-K EDGAR

The 296 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

29 open-market trades by officers, directors and large owners since October 2021: 8 buys and 21 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 1, 2026Khani David M.DirectorBuy54$26.78$1.4KForm 4
Aug 7, 2026Ropp Ralph LewisDirectorBuy5,000$24.63$123.2KForm 4
Aug 7, 2026Khani David M.DirectorBuy8,000$25.00$200.0KForm 4
Jun 1, 2026Szabo ShandellDirectorBuy86$27.44$2.4KForm 4
Mar 30, 2026Szabo ShandellDirectorSale11,731$31.98$375.2KForm 4
Mar 10, 2026DJEREJIAN EDWARD PDirectorSale18,000$28.98$521.6KForm 4
Mar 9, 2026Corales BrianSVP & CHIEF FINANCIAL OFFICERSale33,000$29.12$961.0KForm 4
Mar 9, 2026Acosta ArciliaDirectorSale19,235$29.10$559.7KForm 4
Mar 9, 2026Yang Timothy D.EVP, CHIEF LEGAL & COMM & SECSale150,000$29.29$4.4MForm 4
Mar 9, 2026Stavros Christopher GCEO & CHAIRMANSale119,954$29.29$3.5MForm 4
Mar 9, 2026SMITH DAN FDirectorSale18,000$29.01$522.2KForm 4
Nov 11, 2025Ropp Ralph LewisDirectorBuy4,500$23.10$104.0KForm 4
May 2, 2025Szabo ShandellDirectorBuy11,731$21.30$249.9KForm 4
Mar 3, 2025Stavros Christopher GCEO & CHAIRMANBuy2,500$22.06$55.1KForm 4
Sep 23, 2024EnerVest Management GP, L.C.DirectorSale7,000,000$25.86$181.0MForm 4
Sep 23, 2024Walker John BDirectorSale7,000,000$25.86$181.0MForm 4
May 14, 2024Walker John BDirectorSale12,000,000$25.58$307.0MForm 4
May 14, 2024EnerVest, Ltd.DirectorSale12,000,000$25.58$307.0MForm 4
Sep 12, 2023LARSON JAMES RDirectorBuy1,000$23.52$23.5KForm 4
Nov 8, 2022Walker John BDirectorSale7,500,000$24.26$181.9MForm 4

All 29 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Stakes it holds

Magnolia Oil & Gas Corp has told the SEC it owns more than 5% of 1 company, latest first (Schedules 13D and 13G).

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Christopher G. Stavros62$870.2K$6.7M69
2025Brian M. Corales$537.8K$2.8M69
2025Timothy D. Yang$537.8K$2.8M69
2024PresidentChief Executive$826.5K$8.4M69
2024Senior VicePresident and$497.5K$3.7M69
2024Executive VicePresident,$521.2K$3.0M69
2023Officerand Chairman$722.6K$5.5M69
2023Chief Legal and Commercial Officer,$501.4K$2.8M69
2023Chief Financial Officer$379.4K$1.9M69

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.31,972,219$817.8M0.0%+2,481,070
Vanguard Portfolio Management LLC15,341,201$392.4M0.0%+2,357,806
American Century Companies Inc11,011,458$281.7M0.1%+502,218
State Street Corp9,941,466$254.3M0.0%+445,191
Vanguard Capital Management LLC7,663,263$196.0M0.0%+474,839
Dimensional Fund Advisors LP7,117,449$182.1M0.0%+88,668
Jupiter Topco LLC6,427,893$164.4M0.1%New
Arrowstreet Capital, Limited Partnership5,463,526$139.8M0.1%−800,282
Alliancebernstein L.P.4,122,434$130.1M0.0%−328,808
Geode Capital Management, LLC4,802,973$122.9M0.0%+264,861
Nomura Asset Management International Inc.4,311,973$110.3M0.2%−660,288
Bank Of America Corp /de/4,253,346$108.8M0.0%+375,985
TD Asset Management Inc3,934,160$100.6M0.1%−1,007,819
Epoch Investment Partners, Inc.3,569,975$91.3M0.5%−705,534
Morgan Stanley3,429,471$87.7M0.0%+401,496
Victory Capital Management Inc2,982,883$76.3M0.0%−108,170
Systematic Financial Management LP2,777,352$71.0M1.4%−35,926
Westwood Holdings Group Inc2,642,440$67.6M0.5%+1,051,870
Charles Schwab Investment Management Inc2,618,204$67.0M0.0%+4,726
Allspring Global Investments Holdings, LLC2,667,136$66.6M0.1%−31,868
Silvercrest Asset Management Group LLC2,537,333$64.9M0.4%−129,315
Goldman Sachs Group Inc2,406,168$61.5M0.0%−725,180
Boston Trust Walden Corp2,384,760$61.0M0.5%−843,146
Nuveen, LLC2,228,804$57.0M0.0%−24,264
Stephens Investment Management Group LLC2,219,966$56.8M0.6%+47,846

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

12 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Oct 31, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+4.0%Report
Oct 30, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−4.1%Report
Oct 30, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+4.1%Report
Aug 4, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−19.3%Report
Jul 7, 2025Gilbert Ray Cisneros, Jr.Democratic, HousePartial sale$1,001 - $15,000+15.4%Report
Jun 24, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+21.5%Report
Jun 11, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−25.1%Report
Apr 9, 2025Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+29.8%Report
Sep 27, 2022Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+81.3%Report
Apr 21, 2022Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+77.7%Report
Mar 31, 2021Josh GottheimerDemocratic, HouseBuy$1,001 - $15,000+18.9%Report
Mar 4, 2021Josh GottheimerDemocratic, HouseBuy$1,001 - $15,000−0.0%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Magnolia Oil & Gas Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMagnolia Oil & Gas Corp1
  • CIK0001698990
  • Employer ID (EIN)81-536568270
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company70
  • Incorporated inDelaware70
  • Fiscal year endsDecember 311
  • Industry code (SIC)1311 Crude Petroleum & Natural Gas1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address990 Town And Country, Suite 900, Houston, TX 770241
  • Phone713-842-90501
  • Shares outstanding180,882,426 Common Class A shares; 5,523,479 Common Class B shares as of Feb 9, 202670
  • Public float$4.1B as of Jun 30, 202570
  • AuditorKPMG LLP, Houston, TX PCAOB ID 185; it also attests to the company’s internal control over financial reporting70
  • On EDGAR sinceFeb 28, 20171
  • Filings664 in all: 4 (303), 8-K (89), SC 13G/A (40), 10-Q (28), 3 (23), 144 (20), SC 13G (20), DEFA14A (19)1
    All 44 form types

    SC 13D/A (15), 424B3 (13), CORRESP (11), UPLOAD (11), 10-K (9), DEF 14A (8), SCHEDULE 13G/A (5), ARS (4), EFFECT (4), SCHEDULE 13G (4), SC TO-I/A (3), SD (3), 25-NSE (2), 424B5 (2), 425 (2), 8-K/A (2), PRER14A (2), S-3 (2), S-3ASR (2), S-8 (2), 4/A (1), 424B4 (1), 8-A12B (1), CERTNYS (1), DEFM14A (1), DRS (1), DRS/A (1), DRSLTR (1), PREM14A (1), S-1 (1), S-1/A (1), S-3/A (1), S-4 (1), S-4/A (1), SC 13D (1), SC TO-I (1)

  • Latest filingsAnnual report (10-K) Feb 12, 2026
    Quarterly report (10-Q) Aug 6, 2026
    Proxy statement (DEF 14A) Mar 24, 2026
    Latest 8-K (8-K) Oct 1, 2026

Securities registered for trading

ClassSymbolExchange
Class A Common Stock, par value $0.0001MGYNew York Stock Exchange

From the cover page of the 10-K filed Feb 12, 2026 (Section 12(b) of the Exchange Act).70

Risk factors and legal proceedings

The risks Magnolia Oil & Gas Corp names in Item 1A of its 10-K filed Feb 12, 2026: 36 risks under these headings, as written.70

  • Risks Related to Magnolia’s Overall Business Operations
  • Oil, natural gas, and NGL prices are volatile. A sustained period of low oil, natural gas, and NGL prices could adversely affect Magnolia’s business, financial condition, results of operations, and ability to meet its expenditure obligations and financial commitments.
  • Part of Magnolia’s business strategy involves using some of the latest available horizontal drilling and completion techniques, which involve risks and uncertainties in their application.
  • The marketability of Company production is dependent upon market demand, vehicles, transportation and storage facilities, and other facilities, most of which the Company does not control. If these vehicles or facilities are unavailable, or if the Company is unable to access such vehicles or facilities on commercially reasonable terms, operations could be interrupted, production could be curtailed or shut in, and revenues could be reduced.
  • Drilling for and producing oil and natural gas are high risk activities with many uncertainties that could adversely affect Magnolia’s business, financial condition, or results of operations.
  • Crude oil, natural gas, and NGL reserves are estimates, and actual recoveries may vary significantly.
  • The standardized measure of estimated reserves may not be an accurate estimate of the current fair value of estimated oil and natural gas reserves.
  • Properties Magnolia has acquired or will acquire may not produce as projected, and Magnolia may be unable to
  • determine reserve potential, identify liabilities associated with such properties, or obtain protection from sellers against such liabilities.
  • Magnolia is not the operator on all of its acreage or drilling locations, and, therefore, is not able to control the timing of exploration or development efforts, associated costs, or the rate of production of any non-operated assets and could be liable for certain financial obligations of the operators or any of its contractors to the extent such operator or contractor is unable to satisfy such obligations.
  • Magnolia’s producing properties are predominantly located in South Texas, making Magnolia vulnerable to risks associated with operating in a limited geographic area.
  • Magnolia may incur losses as a result of title defects in the properties in which it invests.
The other 25 risks
  • Certain of Magnolia’s properties are subject to land use restrictions, which could limit the manner in which Magnolia conducts business.
  • The development of proved undeveloped reserves may take longer and may require higher levels of capital expenditures than anticipated. Therefore, proved undeveloped reserves may not be ultimately developed or produced.
  • Certain factors could require Magnolia to write-down the carrying values of its properties, including commodity prices decreasing to a level such that future undiscounted cash flows from its properties are less than their carrying value.
  • Unless Magnolia replaces its reserves with new reserves and develops those new reserves, its reserves and production will decline, which would adversely affect future cash flows and results of operations.
  • Properties that Magnolia decides to drill may not yield oil or natural gas in commercially viable quantities.
  • Magnolia depends upon a small number of significant purchasers for the sale of most of its oil, natural gas, and NGL production. The loss of one or more of such purchasers could, among other factors, limit Magnolia’s access to suitable markets for the oil, natural gas, and NGLs it produces.
  • The unavailability or high cost of drilling rigs, equipment, supplies, personnel, and oilfield services could adversely affect Magnolia’s ability to execute its development plans within its budget and on a timely basis.
  • Competition in the oil and gas industry is intense, making it more difficult for Magnolia to acquire properties, market oil or natural gas, and secure trained personnel.
  • The loss of senior management or technical personnel could adversely affect operations.
  • Magnolia may not be able to keep pace with technological developments in its industry.
  • Inflation may adversely affect Magnolia’s business, results of operations, and financial condition.
  • Magnolia’s business could be adversely affected by security threats, including cybersecurity threats, and related disruptions.
  • Risks Related to Environmental, Regulatory, and Political Conditions
  • Magnolia’s operations are subject to environmental and occupational health and safety laws and regulations that may expose the Company to significant costs and liabilities.
  • Magnolia may incur substantial losses and be subject to substantial liability claims as a result of operations. Additionally, Magnolia may not be insured for, or insurance may be inadequate to protect Magnolia against, these risks.
  • Magnolia’s operations are subject to a series of risks arising from evolving standards regulating greenhouse gases and volatile organic compounds emissions.
  • Federal, state, and local legislative and regulatory initiatives relating to hydraulic fracturing as well as governmental reviews of such activities could result in increased costs, additional operating restrictions or delays in the completion of oil and natural gas wells, and adversely affect Magnolia’s production.
  • Potential future legislation may generally affect the taxation of oil and natural gas exploration and development companies and may adversely affect Magnolia’s future cash flows and results of operations.
  • Unanticipated changes in effective tax rates or adverse outcomes resulting from examination of Magnolia’s income or other tax returns could adversely affect its financial condition and results of operations.
  • Risks Related to Financing and Liquidity
  • Magnolia may not be able to generate sufficient cash to service all of its indebtedness and may be forced to take other actions to satisfy debt obligations, which may not be successful.
  • Restrictions in Magnolia’s existing and future debt agreements could limit Magnolia’s growth and ability to engage in certain activities.
  • Any significant reduction in Magnolia’s borrowing base under the RBL Facility as a result of the periodic borrowing base redeterminations or otherwise may negatively impact Magnolia’s ability to fund its operations.
  • Magnolia’s development projects and acquisitions require substantial capital expenditures. Magnolia may be unable to obtain required capital or financing on satisfactory terms, which could lead to a decline in its ability to access or grow production and reserves.
  • Risks Related to Magnolia’s Class A Common Stock and Capital Structure
  • Magnolia is a holding company. Magnolia’s principal asset is its controlling equity interest in Magnolia LLC, and Magnolia is accordingly dependent upon distributions from Magnolia LLC to pay taxes and cover its corporate and other overhead expenses.
  • Magnolia’s second amended and restated certificate of incorporation and bylaws, as well as Delaware law, contain provisions that could discourage acquisition bids or merger proposals, which may adversely affect the market price of Magnolia’s Class A Common Stock.
  • Future sales of Magnolia’s Class A Common Stock in the public market, or the perception that such sales may occur, could reduce Magnolia’s stock price, and any additional capital raised by Magnolia through the sale of equity or convertible securities may dilute your ownership in the Company.

Legal proceedings

From time to time, the Company is party to certain legal actions and claims arising in the ordinary course of business. While the outcome of these events cannot be predicted with certainty, management does not currently expect these matters to have a materially adverse effect on the financial position or results of operations of the Company.

The opening of Item 3, Legal Proceedings.70

Sources

The numbers on this page point here. Each one links to the record it came from.

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  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
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    SEC EDGAROther events
  43. 43
    SEC EDGAROther events
  44. 44
    SEC EDGAROther events
  45. 45
  46. 46
    SEC EDGAROther events
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
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  60. 60
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  64. 64
  65. 65
  66. 66
  67. 67
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  69. 69
  70. 70