Magnolia Oil & Gas Q3 net income rises to $80.5 million; Q3 total revenues jump 58% to $513.89 million

Bitget2026/11/04 21:07

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Magnolia Oil & Gas’s third-quarter 2026 diluted earnings fell 13% year over year to $0.35 per share.
Total revenues climbed 58% to $513.89 million, while production increased 17% year over year to 117,286 barrels of oil equivalent daily.
WildFire integration remains ahead of synergy expectations, with more than one-third of anticipated annual synergies on track for realization by year-end.
Fourth-quarter production is forecast at 159–161 thousand barrels of oil equivalent daily, with drilling and completions spending of roughly $235 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Magnolia Oil & Gas Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20261104007215) on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Magnolia Oil & Gas Q3 net income rises to $80.5 million; Q3 total revenues jump 58% to $513.89 million

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