Magnolia Oil & Gas (NYSE: MGY) financial statements
The consolidated income statement, balance sheet and cash flow statement of Magnolia Oil & Gas for its last 8 fiscal years, as filed with the regulator, in millions of US dollars. At the end of fiscal 2025 it had $2,903m in total assets and $1,999m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1,312m | $1,316m | $1,227m | $1,694m | $1,078m | $541.3m | $942.2m | $403.2m |
| Operating profit | $439.2m | $512.0m | $534.5m | $1,074m | $602.6m | −$1,926m | $127.5m | $190.0m |
| Profit before tax | $417.4m | $493.1m | $549.8m | $1,057m | $568.6m | −$1,948m | $99.8m | $181.6m |
| Income tax | $80.1m | $95.8m | $107.2m | $6.6m | $8.9m | $79.3m | $14.8m | $2.7m |
| Net profit | $325.3m | $366.0m | $388.3m | $893.8m | $417.3m | −$1,208m | $50.2m | $1.5m |
| Diluted earnings per share | — | — | — | — | — | — | — | $0.02 |
| Depreciation and amortisation | $437.8m | $414.5m | $324.8m | $243.2m | $187.7m | $283.4m | $523.6m | $129.7m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $2,903m | $2,821m | $2,756m | $2,573m | $1,747m | $1,453m | $3,466m | $653.9m |
| Current assets | $442.4m | $410.8m | $591.3m | $850.7m | $517.9m | $281.5m | $293.2m | $1.0m |
| Cash | $266.8m | $260.0m | $401.1m | $675.4m | $367.0m | $192.6m | $182.6m | $0.9m |
| Total liabilities | — | — | — | — | — | — | — | $24.6m |
| Current liabilities | $288.0m | $290.3m | $314.9m | $340.3m | $218.5m | $128.9m | $175.2m | $1.8m |
| Equity | $1,999m | $1,967m | $1,883m | $1,740m | $1,045m | $839.4m | $2,729m | $5.0m |
| Equity including minorities | $1,999m | $1,967m | $1,883m | $1,740m | $1,045m | $839.4m | $2,729m | $5.0m |
| Minority interests | $59.2m | $53.7m | $191.0m | $164.1m | $228.5m | $291.3m | $952.5m | — |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $878.6m | $920.9m | $855.8m | $1,297m | $788.5m | $310.1m | $647.6m | $257.4m |
| Investing cash flow | −$540.7m | −$655.1m | −$814.9m | −$518.9m | −$243.4m | −$270.0m | −$524.2m | −$314.4m |
| Financing cash flow | −$331.2m | −$406.8m | −$315.2m | −$469.3m | −$370.6m | −$30.2m | −$76.5m | $57.0m |
| Dividends paid | −$113.1m | −$97.6m | −$88.1m | −$75.2m | −$14.1m | $0.0m | $0.0m | — |
Where each figure comes from
From the annual report (Form 10-K) that Magnolia Oil & Gas files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2017. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Magnolia Oil & Gas page.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.