Magnolia Oil & Gas Corporation reported Q3 2025 earnings of $0.41 per share, meeting expectations. Total revenue reached $324.9 million, with oil revenue down 13% to $230.5 million. Production averaged 100,507 boe/d, exceeding forecasts. The company generated $247 million in operating cash flow and $134 million in free cash flow.
Magnolia remains financially strong with $280 million in cash and $393 million in debt. Q4 production is expected to be near 101,000 boe/d with cost reductions targeted. The company operates two drilling rigs and one completion crew, focusing on Giddings Field. Operating cash flow and free cash flow are returned to shareholders via dividends and share repurchases.
Read more at Yahoo Finance: Magnolia Oil & Gas Lifts Output 11% Despite Lower Oil Prices
