Filing Flows › Magnolia Oil & Gas (MGY) › Q2 2025
Magnolia Oil & Gas (MGY) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Magnolia Oil & Gas (MGY) reported revenue of $319M for the second quarter 2025 (Q2 2025), -5% from a year earlier and -9% from the quarter before. Operating margin was 33.8%, net earnings $78.1M (24.5% of revenue).
Magnolia Oil & Gas, Q2 2025: revenue $319M (-5% year over year), operating margin 33.8%, net earnings $78.1M, operating cash flow $199M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $319M | -9% | -5% |
| Operating profit | $108M | -21% | -20% |
| Net earnings | $78.1M | -24% | -18% |
| Operating cash flow | $199M | -11% | -26% |
| Free cash flow | $98.4M | +5% | -31% |
What changed
Revenue was $319.0M in Q2 2025, down 5% year over year and down 9% from the previous quarter. Oil revenues was the largest line at 71% of revenue. Oil revenues lost $49.0M year over year (down 18%), 276% of the total change.
Operating profit was $107.8M, a 33.8% margin (down 6.1 points year over year). Total costs grew 4% against a revenue fall of 5%. Net earnings were $78.1M, down 18% year over year. The effective tax rate was 20.5%.
Operating cash flow was $198.7M (down 26% year over year), 245% of net income including minority interests. Non-cash charges added back $107.1M of depreciation and amortization and $7.3M of share-based compensation. Capital expenditures of $100.3M left free cash flow of $98.4M.
Questions
What was Magnolia Oil & Gas' revenue in the second quarter 2025?
Magnolia Oil & Gas (MGY) reported revenue of $319M for the second quarter 2025 (Q2 2025), -5% from a year earlier and -9% from the quarter before.
Was Magnolia Oil & Gas profitable in the second quarter 2025?
Operating profit was $108M (33.8% of revenue) and net earnings $78.1M.
Source: Magnolia Oil & Gas 10-Q on SEC EDGAR.