Magnolia Oil & Gas Is Winning the Natural Gas Game—Why Investors Should Pay Attention!

Magnolia Oil & Gas Corporation reported its third quarter 2025 financial and operating results, demonstrating a strong performance with notable production growth. The company achieved a record quarterly production rate of 100,500 barrels of oil equivalent per day, reflecting an 11% year-over-year increase. The production gains were particularly significant in the Giddings area, where oil production rose by nearly 5% compared to the previous year. This performance resulted in an annual production growth estimate of approximately 10%, surpassing earlier guidance of 5% to 7%. Financially, Magnolia’s adjusted EBITDAX for the quarter was $219 million, with operating income margins at 31%. The company maintained a disciplined capital reinvestment rate at 54% of adjusted EBITDAX, generating $134 million in free cash flow. A substantial portion of this cash flow, 60%, was returned to shareholders through share repurchases and dividends. Magnolia repurchased over 2.