Magnolia Oil & Gas Corp (MGY) FY2026 YTD Q2 P&L / Income Statement

Magnolia Oil & Gas Corp (MGY) FY2026 YTD Q2 P&L / Income Statement

Income statement for 2026-01-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues

837,322,000 US dollars

Total operating expenses

470,057,000 US dollars

OPERATING INCOME

367,265,000 US dollars

Total other expense, net

negative 13,139,000 US dollars

INCOME BEFORE INCOME TAXES

354,126,000 US dollars

Income tax expense

71,514,000 US dollars

NET INCOME

282,612,000 US dollars

Oil revenues

631,088,000 US dollars

Natural gas revenues

91,469,000 US dollars

Natural gas liquids revenues

114,765,000 US dollars

Lease operating expenses

96,160,000 US dollars

Gathering, transportation and processing

35,410,000 US dollars

Taxes other than income

39,144,000 US dollars

Exploration expenses

1,955,000 US dollars

Asset retirement obligations accretion

3,719,000 US dollars

Depreciation, depletion and amortization

229,874,000 US dollars

General and administrative expenses

60,595,000 US dollars

Transaction related costs

3,200,000 US dollars

Chart connections

• Revenue minus operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Of which attributable to Magnolia Oil & Gas Corp: $281.60 M; to noncontrolling interests: $1.01 M.