Magnolia Oil & Gas Corp

Annual Trend FY 2016 FY 2017 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Operating Revenue $110.9m $0 $936.1m $534.5m $1.1b $1.7b $1.2b $1.3b $1.3b
Total Revenue $110.9m $0 $936.1m $534.5m $1.1b $1.7b $1.2b $1.3b $1.3b
REVENUES
Cost Of Revenue $69.9m $739.2m $226.7m $400.5m $439.4m $524.6m $635.2m $691.4m
Reconciled Cost Of Revenue $69.9m $739.2m $226.7m $400.5m $439.4m $524.6m $635.2m $691.4m
Gross Profit (derived) $41.0m $196.9m $307.8m $677.9m $1.3b $702.4m $680.7m $620.4m
Operating expenses:
Lease operating expenses $11.6m $27.5m $93.8m $79.2m $93.0m $131.5m $155.5m $180.9m $186.6m
Other Operating Expenses $14.8m $9.5m $8.1m $7.8m
Operating Costs and Expenses $82.1m $213.2m $808.6m $2.5b $475.8m $620.7m $692.5m $803.9m $872.7m
Total operating expenses $82.1m $213.2m $808.6m $2.5b $475.8m $620.7m $692.5m $803.9m $872.7m
OPERATING INCOME $28.9m ($1.1m) $127.5m ($1.9b) $602.6m $1.1b $534.5m $512.0m $439.2m
EBIT $28.9m ($1.1m) $127.5m ($1.9b) $602.6m $1.1b $549.8m $507.5m $439.0m
Total Operating Income As Reported $28.9m ($1.1m) $127.5m ($1.9b) $602.6m $1.1b $534.5m $512.0m $439.2m
Operating Income (Loss) $28.9m ($1.1m) $127.5m ($1.9b) $602.6m $1.1b $534.5m $512.0m $439.2m
Additional Financial Items
Gathering, transportation, and processing $5.5m $16.3m $34.9m $28.6m $45.5m $64.8m $44.3m $39.8m $67.1m
Taxes other than income $6.4m $20.2m $53.7m $31.2m $55.8m $94.0m $65.6m $71.9m $76.5m
Asset retirement obligations accretion $94k $232k $5.5m $5.7m $4.9m $3.2m $4.0m $6.7m $6.8m
Depreciation, depletion and amortization $33.1m $129.7m $523.6m $283.4m $187.7m $243.2m $324.8m $414.5m $437.8m
Impairment of oil and natural gas properties $0 $1.4b $0 $0 $15.7m $0 $0
Loss on extinguishment of debt $14.5m $14.5m $9.3m $0 $0 ($8.8m) $0
Postretirement benefits $0 $0 ($1.6m)
COMPREHENSIVE INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK $388.3m $366.0m $323.6m
Average Dilution Earnings $19k $3k $0 $0
Diluted EPS $4.71 $2.04 $1.94 $1.73
Diluted NI Availto Com Stockholders $21.5m $178.9m $85.0m ($1.9b) $559.7m $885.7m $384.0m $361.5m $320.8m
Earnings From Equity Interest $0 $0
Impairment Of Capital Assets $0 $1.4b $0 $0 $15.7m $0 $0
Minority Interests ($156.4m) ($54.3m) ($31.3m) ($12.0m)
Net Income From Continuing And Discontinued Operation $21.5m $1.5m $47.4m ($1.2b) $417.3m $893.8m $388.3m $366.0m $325.3m
Net Income From Continuing Operation Net Minority Interest $21.5m $1.5m $47.4m ($1.2b) $417.3m $893.8m $388.3m $366.0m $325.3m
Net Interest Income $0 ($28.4m) ($28.7m) ($31.0m) ($23.4m) ($33k) ($14.4m) ($21.6m)
Normalized EBITDA $1.3b $890.4m $930.8m $876.8m
Normalized Income $893.8m $401.0m $373.1m $325.3m
Other Gand A $12.2m $18.6m $69.4m $68.9m $75.3m $72.4m $77.1m $88.7m $97.0m
Other Taxes $6.4m $20.2m $53.7m $31.2m $55.8m $94.0m $65.6m $71.9m $76.5m
Otherunder Preferred Stock Dividend $2.8m $8.2m $4.3m $4.5m $4.5m
Reconciled Depreciation $33.1m $129.7m $523.6m $283.4m $187.7m $243.2m $324.8m $414.5m $437.8m
Rent And Landing Fees $93.0m $131.5m
Selling General And Administration $12.2m $18.6m $69.4m $68.9m $75.3m $72.4m $77.1m $88.7m $97.0m
Special Income Charges $0 ($15.7m) ($8.8m) $0
Tax Effect Of Unusual Items $0 ($3.1m) ($1.7m) $0
Tax Provision $673k ($1.1m) $14.8m ($79.3m) $8.9m $6.6m $107.2m $95.8m $80.1m
Tax Rate For Calcs $0 $0 $0 $0
Amortization of Intangible Assets $14.5m $14.5m $9.3m $0 $0 ($8.8m) $0
Income (Loss) from Equity Method Investments $857k $2.1m $0 $0
Investment Income, Interest $3.6m
Taxes, Miscellaneous $6.4m $20.2m $53.7m $31.2m $55.8m $94.0m $65.6m $71.9m $76.5m
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $2.8m $8.2m $4.3m $4.5m $4.5m
Basic (in shares) $161.9m $166.3m $174.4m $187.4m $188.2m $186.5m $185.6m
Diluted (in shares) $167.0m $166.3m $175.4m $187.9m $188.4m $186.5m $185.6m
Total Unusual Items $0 ($15.7m) ($8.8m) $0
Total Unusual Items Excluding Goodwill $0 ($15.7m) ($8.8m) $0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $22.1m $2.6m $99.8m ($1.9b) $568.6m $1.1b $549.8m $493.1m $417.4m
INCOME BEFORE INCOME TAXES $22.1m $2.6m $99.8m ($1.9b) $568.6m $1.1b $549.8m $493.1m $417.4m
Pre-Tax Income $22.1m $2.6m $99.8m ($1.9b) $568.6m $1.1b $549.8m $493.1m $417.4m
NET INCOME $21.5m $178.9m $85.0m ($1.9b) $559.7m $1.1b $442.6m $397.3m $337.3m
NET INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK $21.5m $1.5m $47.4m ($1.2b) $417.3m $893.8m $388.3m $366.0m $325.3m
Net Income Common Stockholders $21.5m $178.9m $85.0m ($1.9b) $559.7m $885.6m $384.0m $361.5m $320.8m
Net Income Continuous Operations $21.5m $178.9m $85.0m ($1.9b) $559.7m $1.1b $442.6m $397.3m $337.3m
Net Income (Loss) Attributable to Parent $21.5m $1.5m $50.2m ($1.2b) $417.3m $893.8m $388.3m $366.0m $325.3m
Net Income (Loss) Available to Common Stockholders, Basic $21.5m $1.5m $47.4m ($1.2b) $414.5m $885.6m $384.0m $361.5m $320.8m
LESS: Net income attributable to noncontrolling interest $0 $0 $34.8m ($660.6m) $142.4m $156.4m $54.3m $31.3m $12.0m
Net Income Including Noncontrolling Interests $21.5m $178.9m $85.0m ($1.9b) $559.7m $1.1b $442.6m $397.3m $337.3m
Net Income (Loss) Attributable to Noncontrolling Interest $0 $0 $34.8m ($660.6m) $142.4m $156.4m $54.3m $31.3m $12.0m
Basic (in dollars per share) $0.02 $0.53 ($11.24) $3.21 $5.60 $2.35 $2.13 $1.82
Diluted (in dollars per share) $0.02 $0.51 ($11.24) $3.19 $5.59 $2.35 $2.13 $1.82
Common Stock, Dividends, Per Share, Declared $0.29 ($7.27) $0.08 $0.40 $0.46 $0.52 $0.60
Basic Average Shares $161.9m $166.3m $174.4m $187.4m $188.2m $186.5m $185.6m
Diluted Average Shares $167.0m $166.3m $175.4m $187.9m $188.4m $186.5m $185.6m
Weighted Average Number of Shares Outstanding, Basic 161.9m 166.3m 174.4m 187.4m 188.2m 186.5m 185.6m
Weighted Average Number of Shares Outstanding, Diluted 167.0m 166.3m 175.4m 187.9m 188.4m 186.5m 185.6m
Exploration expenses $13.1m $700k $12.7m $567.3m $4.1m $11.6m $5.4m $1.4m $962k
General and administrative expenses $12.2m $18.6m $69.4m $68.9m $75.3m $72.4m $77.1m $88.7m $97.0m
Interest expense, net $0 ($28.4m) ($28.7m) ($31.0m) ($23.4m) ($33k) ($14.4m) ($21.6m)
Other income (expense), net $2k ($21k) ($238k) $3.4m $85k $6.5m $15.4m $4.3m ($153k)
Income tax expense $673k ($1.1m) $14.8m ($79.3m) $8.9m $6.6m $107.2m $95.8m $80.1m
General And Administrative Expense $12.2m $18.6m $69.4m $68.9m $75.3m $72.4m $77.1m $88.7m $97.0m
Interest Expense $23.4m $33k $14.4m $21.6m
Interest Expense Non Operating $23.4m $33k $14.4m $21.6m
Net Non Operating Interest Income Expense $0 ($28.4m) ($28.7m) ($31.0m) ($23.4m) ($33k) ($14.4m) ($21.6m)
Operating Expense $181.3m $152.2m $168.7m $181.3m
Other Income Expense $6.5m ($375k) ($4.5m) ($153k)
Other Non Operating Income Expenses $2k ($21k) ($238k) $3.4m $85k $6.5m $15.4m $4.3m ($153k)
Rent Expense Supplemental $93.0m $131.5m
General and Administrative Expense $12.2m $18.6m $69.4m $68.9m $75.3m $72.4m $77.1m $88.7m $97.0m
Operating Lease, Expense $11.6m $27.5m $93.8m $79.2m $93.0m $131.5m $155.5m $180.9m $186.6m
Other Nonoperating Income (Expense) $2k ($21k) ($238k) $3.4m $85k $6.5m $15.4m $4.3m ($153k)
Business Combination, Acquisition Related Costs $438k $0 $0
Current Income Tax Expense (Benefit) $499k ($1.5m) $8.9m $72.4m $31.9m $25.5m ($16.7m)
Total other income (expense), net ($6.7m) ($8.4m) ($27.7m) ($22.7m) ($34.0m) ($16.9m) $15.3m ($18.8m) ($21.8m)
Total Expenses $620.7m $676.8m $803.9m $872.7m
Income Tax Expense (Benefit) $1.1m $14.8m ($79.3m) $8.9m $6.6m $107.2m $95.8m $80.1m
Interest Income (Expense), Net $3.6m ($28.4m) ($28.7m) ($31.0m) ($23.4m) ($33k)
Interest Income (Expense), Nonoperating, Net ($14.4m) ($21.6m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.