Energy and commodity pricesmixed · 5 filings
“During the six months ended June 30, 2026, cash provided by operating activities primarily increased due to higher oil prices and increased production.”10-Q · Aug 6, 2026 ↗
Magnolia Oil & Gas Corporation
MGY
Market read
Magnolia Oil & Gas Corporation's current read is isolated; its market group is not confirming.
The latest filing evidence is available. 0 of 20 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.
What changed
- Revenue increased 50.1% versus the comparable filing period.
Company-0.3% todayVolume comparison unavailable
Market group0 of 20 activeOil & Gas Producers · unavailable
Disclosed network0 of 0 confirmingRelationship data unavailable
What would change this read
Watch this read- MGY's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if MGY's group or a disclosed connection begins moving with it.
Research brief
The story so far
The latest filing evidence is available. 0 of 20 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.
Evidence that supports
- Revenue increased 50.1% versus the comparable filing period.
- Operating margin improved 16.2 percentage points.
- Net income increased 132.7% versus the comparable filing period.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- MGY's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods8
Price observations327
Usable filing statements88
Verified relationships0
Evidence supporting the case
- Operating cash flow covered net income at 2.70x in the latest annual period.
Evidence challenging the case
- Latest annual revenue changed -0.3% year over year.
- Operating margin changed -5.4 percentage points in the latest annual period.
- Net margin changed -3.0 percentage points in the latest annual period.
- Energy and commodity prices has repeated adverse evidence across 5 filings.
- Restructuring and cost reductions has repeated adverse evidence across 4 filings.
Questions before a position
- P/E is 32% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 75% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 10, 2026
27.706m-4.7%12m+18.8%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$1.1B+99.2%—+5.5%
2022-12-31$1.7B+57.1%—+7.2%
2023-12-31$1.2B-27.6%—+0.2%
2024-12-31$1.3B+7.2%—-1.0%
2025-12-31$1.3B-0.3%—-0.5%
What management says matters
Persistent and emerging business drivers
Restructuring and cost reductionsnegative · 4 filings
“The increase in taxes other than income was primarily due to an increase in production taxes due to higher oil prices, partially offset by severance tax refunds and a decrease in ad valorem taxes as a result of lower market valuations.”10-Q · Aug 6, 2026 ↗
Input and raw-material costsmixed · 2 filings
“G&A increased in both periods due to an increase in overall labor costs, including changes from the modification of stock based compensation awards in 2025 and higher subscription and license fees, partially offset by certain one-time costs incurred in 2024.”10-Q · Oct 30, 2025 ↗
Labor availability and costsmixed · 2 filings
“G&A increased in both periods due to an increase in overall labor costs, including changes from the modification of stock based compensation awards in 2025 and higher subscription and license fees, partially offset by certain one-time costs incurred in 2024.”10-Q · Oct 30, 2025 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 3.9× · EV/sales 4.0×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
27.70-0.3% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for MGY. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment
Fundamentals strengthened in the latest filing
10-Q filed 2026-08-06 against the comparable filing from 2025-07-31.
OperationsconstructiveEvidence score +4
liquidityneutralEvidence score 0
valuationmixed
Capital and cash conversion
Reported investment and cash context
- Stock compensation / revenue
- +2.0%
Capex, revenue, and operating cash flow are matched to the same reported duration. Reported accounting context, not a forecast or trading recommendation.
What improved
- Revenue increased 50.1% versus the comparable filing period.
- Operating margin improved 16.2 percentage points.
- Net income increased 132.7% versus the comparable filing period.
What weakened
No thresholded deterioration was identified.
Filing receipts
“Other increases in G&A were primarily due to increased professional service fees, payroll costs, and rent expense.”
“The increase in total tax expense was primarily due to an increase in income before income taxes.”
“The increase in G&A was primarily due to increased stock based compensation expense as a result of higher grant date fair values, accelerated vesting of certain awards, and changes in expected payouts for the Company’s performance share unit awards.”
Historical filing backfill generated after the original filing window. It is not part of Jodie's live track record.
Business ecosystem
The relationships behind MGY
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
MGY is currently a Follower in the organic co-movement group Oil & Gas Producers. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.