• Magnolia Oil & Gas priced a public offering of 46,315,790 Class A shares at USD 23.75, with a 30-day upsize option for 6,947,368 shares.
• Net proceeds are slated to help fund cash consideration for Magnolia Operating’s planned purchase of WildFire Intermediate Holdings from WildFire Energy I.
• Funding plan also includes new senior notes, revolving credit facility borrowings, cash on hand; closing targeted for July 22, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Magnolia Oil & Gas Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260720643859) on July 21, 2026, and is solely responsible for the information contained therein.