# EDGAR Filing Document

**Accession Number:** 0001698990
**File Stem:** 0001698990-23-000003
**Filing Date:** 2023-1
**Character Count:** 10924
**Document Hash:** dcb5f31bfa7d76b17782e0ed059aa8e4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001698990-23-000003.hdr.sgml**: 20230104

**ACCESSION NUMBER**: 0001698990-23-000003

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20230104

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230104

**DATE AS OF CHANGE**: 20230104

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Magnolia Oil & Gas Corp
- **CENTRAL INDEX KEY:** 0001698990
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **IRS NUMBER:** 815365682
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38083
- **FILM NUMBER:** 23506580

**BUSINESS ADDRESS:**
- **STREET 1:** NINE GREENWAY PLAZA
- **STREET 2:** SUITE 1300
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 713-842-9050

**MAIL ADDRESS:**
- **STREET 1:** NINE GREENWAY PLAZA
- **STREET 2:** SUITE 1300
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Magnolia Oil & Gas
- **DATE OF NAME CHANGE:** 20180801

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TPG Pace Energy Holdings Corp.
- **DATE OF NAME CHANGE:** 20170224

?xml version='1.0' encoding='UTF-8'?

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**UNITED STATESSECURITIES AND EXCHANGE COMMISSION** | &nbsp;&nbsp;**UNITED STATESSECURITIES AND EXCHANGE COMMISSION** | &nbsp;&nbsp;**UNITED STATESSECURITIES AND EXCHANGE COMMISSION** |
|  | &nbsp;&nbsp;**Washington, D.C. 20549__________________** |  |
| **FORM 8-K__________________CURRENT REPORTPursuant to Section 13 or Section 15(d)of the Securities Exchange Act of 1934**<br>**Date of Report (Date of earliest event reported): January 4, 2023__________________** | **FORM 8-K__________________CURRENT REPORTPursuant to Section 13 or Section 15(d)of the Securities Exchange Act of 1934**<br>**Date of Report (Date of earliest event reported): January 4, 2023__________________** | **FORM 8-K__________________CURRENT REPORTPursuant to Section 13 or Section 15(d)of the Securities Exchange Act of 1934**<br>**Date of Report (Date of earliest event reported): January 4, 2023__________________** |
| **Magnolia Oil & Gas Corporation**(Exact name of registrant as specified in its charter) | **Magnolia Oil & Gas Corporation**(Exact name of registrant as specified in its charter) | **Magnolia Oil & Gas Corporation**(Exact name of registrant as specified in its charter) |
| &nbsp;&nbsp;**Delaware**<br>(State or other jurisdiction of incorporation<br>or organization) | &nbsp;&nbsp;**001-38083**<br>(Commission <br>File Number) | &nbsp;&nbsp;**81-5365682**<br>(I.R.S. Employer <br>Identification Number) |

---

**Nine Greenway Plaza, Suite 1300**

**Houston, TX 77046**

**(713) 842-9050**(Address, including zip code, and telephone number, including area code, of registrant's principal executive offices)

**__________________Not Applicable**

(Former name or former address, if changed since last report)

**__________________**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Title of each class** | &nbsp;&nbsp;**Trading Symbols** | &nbsp;&nbsp;**Name of each exchange on which registered** |
| &nbsp;&nbsp;Class A Common Stock, par value $0.0001 Per Share | &nbsp;&nbsp;MGY | &nbsp;&nbsp;New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

#### Item 2.02 Results of Operations and Financial Condition.
On January 4, 2023, Magnolia Oil & Gas Corporation issued a press release, a copy of which is attached hereto as Exhibit 99.1 and incorporated by reference herein, announcing preliminary fourth quarter 2022 and current oil and gas production volumes.

The information furnished pursuant to this Item 2.02 (including Exhibit 99.1) shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise be subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act.

**Item 9.01&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;Exhibits.

---

| | |
|:---|:---|
| **Exhibit** | |
| **Number** | **Description** |
| 99.1 | [Press Release](mgy-20230104xex99d1.htm) |
| 104 | Cover Page Interactive Data File (formatted as inline XBRL). |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
| **Magnolia Oil & Gas Corporation** | **Magnolia Oil & Gas Corporation** |
| By:  | /s/ Timothy D. Yang |
|  | Name: Timothy D. Yang<br>Title: Executive Vice President, General Counsel, Corporate Secretary & Land |

---

Dated: January 4, 2023

## Exhibit 99.1

![A close up of a sign Description generated with very high confidence](mgy-20230104xex99d1001.jpg)

**Magnolia Oil & Gas Announces Preliminary Fourth Quarter 2022 Production**

HOUSTON, TX, January 4, 2023 - Magnolia Oil & Gas Corporation (NYSE: MGY) announced preliminary fourth quarter 2022 estimated oil and gas production volumes in the range of 73 to 74 Mboe per day, compared to the midpoint of the Company's earlier guidance of 78 Mboe per day.

Two factors led to the production variance compared to previous guidance. First, a single large pad was brought online later than expected during the fourth quarter 2022. This pad is currently fully operational and performing in line with expectations. Second, freezing temperatures impacted both Magnolia's Karnes and Giddings assets during late December, resulting in some well shut-ins and facility downtime in both areas.

Despite the impact of these items in the fourth quarter, Magnolia's production has since recovered with volumes currently exceeding 80 Mboe per day. The Company's 2023 guidance remains unchanged, and Magnolia expects to generate full-year 2023 production growth of 10 percent compared to last year, at current product prices.

**About Magnolia Oil & Gas**

Magnolia is a publicly traded oil and gas exploration and production company with operations primarily in South Texas in the core of the Eagle Ford Shale and Austin Chalk formations. Magnolia focuses on generating value for shareholders through steady production growth, strong pre-tax margins, and free cash flow. For more information, visit www.magnoliaoilgas.com.

**Contacts**

Brian Corales

713-842-9036

bcorales@mgyoil.com

**Media**

Art Pike

(713) 842-9057

apike@mgyoil.com

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**Cautionary Note Regarding Forward-Looking Statements** 

The information in this press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding Magnolia's strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward looking statements. When used in this press release, the words could, should, will, may, believe, anticipate, intend, estimate, expect, project, the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events. Except as otherwise required by applicable law, Magnolia disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Magnolia cautions you that these forward-looking statements are subject to all of the risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Magnolia, incident to the development, production, gathering and sale of oil, natural gas and natural gas liquids. In addition, Magnolia cautions you that the forward looking statements contained in this press release are subject to the following factors: (i) the economic effects of the COVID-19 pandemic and actions taken by federal, state and local governments and other third parties in response to the pandemic; (ii) the outcome of any legal proceedings that may be instituted against Magnolia; (iii) Magnolia's ability to realize the anticipated benefits of its acquisitions, which may be affected by, among other things, competition and the ability of Magnolia to grow and manage growth profitably; (iv) changes in applicable laws or regulations; (v) geopolitical and business conditions in key regions of the world; and (vi) the possibility that Magnolia may be adversely affected by other economic, business, and/or competitive factors, including inflation. Should one or more of the risks or uncertainties described in this press release occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in Magnolia's filings with the SEC, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2021. Magnolia's SEC filings are available publicly on the SEC's website at www.sec.gov.

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