NYSE$MGY

Magnolia Oil & Gas Corp · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Headline financials

Total Revenue

$308M

Previous: $378M-18.4%
EPS (adj)

$0.62

Previous: $0.90-31.1%
Total avg daily production

79.3K

No prior period
Oil avg daily production

35.8K

No prior period
Natural gas avg daily production

140.6K

No prior period
NGL avg daily production

20.1K

No prior period
Capital Expenditures

-$139M

Previous: -$84.2M-64.6%
Free Cash Flow

-$42.3M

Previous: $81.8M-151.7%
Net Income

$96.3M

Previous: $166M-42.0%
Operating Income

$127M

Previous: $236M-46.2%
Gross Profit

$127M

Previous: $236M-46.2%
Cash & Equivalents

$667M

Previous: $346M+92.6%
Total Assets

$2.58B

Previous: $1.79B+43.5%

Revenue & EPS history

Magnolia · Revenue · Quarterly

$308M

Q1 2023-18.4%vs Q1 2022
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Magnolia · $308M total across 3 segments · Q1 2023

  • Oil revenues
    $239M
  • NGL revenues
    $41.5M
  • Natural gas revenues
    $27.8M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

+0.7%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+2.7%

Avg return

30 days after

51%

18 / 35 earnings

Positive

+15.1%

Q4 2020

Best reaction

-13.2%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.1%-0.1%-4.0%
Q4 2025+3.1%+2.9%+11.5%
Q3 2025-2.6%-4.7%+0.6%
Q1 2025+2.7%+1.3%+4.7%
Q4 2024+1.5%+0.5%+5.2%
Q3 2024-0.1%+1.7%+9.6%
Q2 2024-4.0%-11.6%-3.7%
Q1 2024+0.8%+0.8%-5.1%
Q4 2023+5.1%+5.3%+17.3%
Q3 2023+2.7%-1.1%-2.4%
Q2 2023-0.4%+3.7%+2.9%
Q1 2023-5.2%-0.3%+2.0%
Q4 2022-2.1%-8.0%-13.4%
Q3 2022-2.7%+2.4%-0.2%
Q2 2022-2.7%-6.5%-5.0%
Q1 2022-13.2%-7.6%+14.5%
Q4 2021+3.0%+2.0%+15.4%
Q3 2021-1.1%-0.9%-13.1%
Q2 2021+0.6%+3.4%+11.1%
Q1 2021+5.6%+7.9%+24.7%
Q4 2020+15.1%+19.3%+7.0%
Q3 2020+0.7%+24.4%+79.0%
Q2 2020-0.2%+8.0%-0.3%
Q1 2020+8.6%+9.6%+31.5%
Q2 2019-4.7%+2.4%-44.6%
Q4 2019-3.5%-11.3%-56.6%
Q3 2019+10.2%+16.3%+11.3%
Q1 2019-1.8%-3.7%-17.2%
Q4 2018+0.3%+4.3%-2.1%
Q3 2018+3.5%+10.7%-2.6%
Q2 2018+1.3%+4.8%+13.8%
Q1 2018+2.3%+3.5%+4.2%
Q4 2017-0.1%-0.1%+0.5%
Q3 2017+0.0%-0.1%-0.1%
Q2 2017+0.0%-1.8%-0.3%
Q1 2017

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