Magnolia Oil & Gas Corporation (MGY)

Magnolia Oil & Gas Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,238	1,227	1,694	1,078	541.3	942.16
Revenue Growth (YoY)	-23.82%	-27.59%	57.14%	99.21%	-42.55%	-
Cost of Revenue	199.4	199.82	196.27	138.56	114.63	134.73
Gross Profit	1,039	1,027	1,498	939.8	426.67	807.43
Selling, General & Admin	80.89	77.1	72.43	75.28	68.92	69.43
Research & Development	5.46	5.45	11.59	4.13	567.33	12.74
Other Operating Expenses	420.15	410.13	340.43	257.8	1,716	597.76
Operating Expenses	506.5	492.68	424.44	337.2	2,352	679.93
Operating Income	532.11	534.49	1,074	602.59	-1,925.67	127.5
Interest Expense / Income	2.83	0.03	23.44	31	28.7	28.36
Other Expense / Income	44.29	38.94	149.87	145.46	-666.63	34.19
Pretax Income	484.99	495.51	900.48	426.13	-1,287.73	64.96
Income Tax	107.94	107.21	6.64	8.85	-79.34	14.76
Net Income	377.05	388.3	893.84	417.28	-1,208.39	50.2
Preferred Dividends	0	0	0	0	0	2.76
Net Income Common	377.05	388.3	893.84	417.28	-1,208.39	47.43
Net Income Growth	-54.25%	-56.56%	114.20%	-	-	2995.75%
Shares Outstanding (Basic)	182	188	187	174	166	162
Shares Outstanding (Diluted)	182	188	188	175	166	167
Shares Change	-5.01%	0.24%	7.15%	5.47%	-0.47%	165.49%
EPS (Basic)	2.01	2.04	4.73	2.38	-7.27	0.29
EPS (Diluted)	2.01	2.04	4.71	2.36	-7.27	0.28
EPS Growth	-53.36%	-56.69%	99.58%	-	-	1300.00%
Free Cash Flow	427.95	397.11	869.54	565.62	87.91	212.58
Free Cash Flow Per Share	2.35	2.11	4.64	3.24	0.53	1.31
Dividend Per Share	0.475	0.460	0.400	0.080	-	-
Dividend Growth	50.79%	15.00%	400.00%	-	-	-
Gross Margin	83.89%	83.71%	88.42%	87.15%	78.82%	85.70%
Operating Margin	42.98%	43.56%	63.37%	55.88%	-355.75%	13.53%
Profit Margin	30.46%	31.65%	52.75%	38.70%	-223.24%	5.03%
Free Cash Flow Margin	34.57%	32.36%	51.32%	52.45%	16.24%	22.56%
Effective Tax Rate	22.26%	21.64%	0.74%	2.08%	-	22.72%
EBITDA	838.99	820.33	1,167	654.17	-961.17	631.39
EBITDA Margin	67.77%	66.86%	68.87%	60.66%	-177.57%	67.02%
Depreciation & Amortization	351.17	324.79	243.15	197.03	297.86	538.08
EBIT	487.82	495.54	923.92	457.14	-1,259.03	93.31
EBIT Margin	39.40%	40.39%	54.52%	42.39%	-232.59%	9.90%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).