Company: MGY
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001698990-25-000030
Chunk: 28

Company: Magnolia Oil & Gas Corp
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 28
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 which natural gas is converted to an equivalent barrel of oil based on a ratio of six Mcf to one barrel. This ratio may not be reflective of the current price ratio between the two products.

Three Months EndedNine Months Ended(In thousands, except per unit data)September 30, 2025September 30, 2024September 30, 2025September 30, 2024Production:Oil (MBbls)3,628 3,579 10,784 10,447 Natural gas (MMcf)17,515 14,644 50,828 43,375 NGLs (MBbls)2,700 2,325 7,620 6,592 Total (Mboe)9,247 8,345 26,875 24,269 Average daily production:Oil (Bbls/d)39,430 38,902 39,500 38,128 Natural gas (Mcf/d)190,384 159,170 186,183 158,302 NGLs (Bbls/d)29,347 25,271 27,912 24,060 Total (boe/d)100,507 90,702 98,443 88,572 Production (% of total):Oil39 %43 %40 %43 %Natural gas32 %29 %32 %30 %NGLs29 %28 %28 %27 %Revenues:Oil revenues$230,530 $265,682 $702,409 $800,195 Natural gas revenues43,169 22,207 137,386 61,871 Natural gas liquids revenues51,236 45,246 154,422 127,211 Total revenues$324,935 $333,135 $994,217 $989,277 Revenues (% of total):Oil71 %80 %70 %81 %Natural gas13 %7 %14 %6 %NGLs16 %13 %16 %13 %Average Price:Oil (per barrel)$63.55 $74.23 $65.14 $76.59 Natural gas (per Mcf)2.46 1.52 2.70 1.43 NGLs (per barrel)18.98