Magnolia Oil & Gas Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2017
Revenue	1,227	1,694	1,078	541.3	942.16	0
Revenue Growth (YoY)	-27.59%	57.14%	99.21%	-42.55%	-	-
Cost of Revenue	199.82	196.27	138.56	114.63	134.73	0
Gross Profit	1,027	1,498	939.8	426.67	807.43	0
Selling, General & Admin	77.1	72.43	75.28	68.92	69.43	0.21
Research & Development	5.45	11.59	4.13	567.33	12.74	0
Other Operating Expenses	410.13	340.43	257.8	1,716	597.76	0.84
Operating Expenses	492.68	424.44	337.2	2,352	679.93	1.05
Operating Income	534.49	1,074	602.59	-1,925.67	127.5	-1.05
Interest Expense / Income	0.03	23.44	31	28.7	28.36	0
Other Expense / Income	38.94	149.87	145.46	-666.63	34.19	-3.65
Pretax Income	495.51	900.48	426.13	-1,287.73	64.96	2.59
Income Tax	107.21	6.64	8.85	-79.34	14.76	1.06
Net Income	388.3	893.84	417.28	-1,208.39	50.2	1.53
Preferred Dividends	0	0	0	0	2.76	0
Net Income Common	388.3	893.84	417.28	-1,208.39	47.43	1.53
Net Income Growth	-56.56%	114.20%	-	-	2995.75%	-
Shares Outstanding (Basic)	188	187	174	166	162	63
Shares Outstanding (Diluted)	188	188	175	166	167	63
Shares Change	0.24%	7.15%	5.47%	-0.47%	165.49%	-
EPS (Basic)	2.04	4.73	2.38	-7.27	0.29	0.02
EPS (Diluted)	2.04	4.71	2.36	-7.27	0.28	0.02
EPS Growth	-56.69%	99.58%	-	-	1300.00%	-
Free Cash Flow	397.11	869.54	565.62	87.91	212.58	0.24
Free Cash Flow Per Share	2.11	4.64	3.24	0.53	1.31	0.00
Dividend Per Share	0.460	0.400	0.080	-	-	-
Dividend Growth	15.00%	400.00%	-	-	-	-
Gross Margin	83.71%	88.42%	87.15%	78.82%	85.70%	-
Operating Margin	43.56%	63.37%	55.88%	-355.75%	13.53%	-
Profit Margin	31.65%	52.75%	38.70%	-223.24%	5.03%	-
Free Cash Flow Margin	32.36%	51.32%	52.45%	16.24%	22.56%	-
Effective Tax Rate	21.64%	0.74%	2.08%	-	22.72%	40.94%
EBITDA	820.33	1,167	654.17	-961.17	631.39	2.59
EBITDA Margin	66.86%	68.87%	60.66%	-177.57%	67.02%	-
Depreciation & Amortization	324.79	243.15	197.03	297.86	538.08	0
EBIT	495.54	923.92	457.14	-1,259.03	93.31	2.59
EBIT Margin	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).