NYSE$MGY
Magnolia Oil & Gas Corp · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Magnolia reported a decline in net income and EPS for Q4 2024, despite revenue growth in key production segments.
Magnolia Oil & Gas Corporation reported Q4 2024 net income of $88.7 million, down 22% year-over-year. Revenue increased slightly to $326.61 million, with growth in oil and natural gas liquids revenue. Adjusted EPS was $0.49, reflecting a decrease from the prior year. Production volume increased by 9%, with strong performance in Giddings.
- Net income decreased by 22% to $88.7 million.
- Revenue increased slightly to $326.61 million.
- Adjusted EPS declined to $0.49 from $0.53 in Q4 2023.
- Total production grew 9% to 93.1 Mboe/d.
Headline financials
Revenue & EPS history
Magnolia · Revenue · Quarterly
$327M
Revenue by segment
Magnolia · $316M total across 3 segments · Q3 2023
- Oil revenues$244M—77.2%
- NGL revenues$45M—14.3%
- Natural gas revenues$27.1M—8.6%
Forward guidance
Magnolia expects moderate production growth in 2025 with a continued focus on operational efficiencies and shareholder returns.
Tailwinds
- Expected total production growth of 5-7% in 2025.
- Continued strong well performance and lower drilling costs.
- Increase in share repurchase authorization by 10 million shares.
- Cash dividend increase by 15% to $0.60 per share annually.
- Strong balance sheet with $260 million in cash.
Headwinds
- Potential impact of oil price fluctuations on revenue.
- Higher capital expenditures projected for Q1 2025.
- Increased costs associated with exploration activities.
- Market uncertainties could affect production plans.
- No hedging strategy, exposing the company to price volatility.
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 Q4 2024
+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
| Quarter | Report date | Reaction (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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