NYSE$MGY

Magnolia Oil & Gas Corp · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Headline financials

Total Revenue

$280M

Previous: $485M-42.2%
EPS (adj)

$0.51

Previous: $1.32-61.4%
Total avg daily production

81.9K

No prior period
Oil avg daily production

34.1K

No prior period
Natural gas avg daily production

151.5M

No prior period
NGL avg daily production

22.6K

No prior period
Capital Expenditures

-$225M

Previous: -$207M-8.6%
Free Cash Flow

-$134M

Previous: $43.1M-410.5%
Net Income

$91.5M

Previous: $251M-63.5%
Operating Income

$121M

Previous: $328M-63.0%
Gross Profit

$121M

Previous: $328M-63.0%
Cash & Equivalents

$677M

Previous: $502M+34.8%
Total Assets

$2.57B

Previous: $2.09B+23.0%

Revenue & EPS history

Magnolia · Revenue · Quarterly

$280M

Q2 2023-42.2%vs Q2 2022
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Magnolia · $280M total across 3 segments · Q2 2023

  • Oil revenues
    $223M
  • NGL revenues
    $36.3M
  • Natural gas revenues
    $20.8M

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 Q2 2023

Historical avgQ2 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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