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Magnolia Oil & Gas Q3 net income rises to $80.5 million; Q3 total revenues jump 58% to $513.89 million
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Magnolia Oil & Gas Q3 net income rises to $80.5 million; Q3 total revenues jump 58% to $513.89 million
  • Magnolia Oil & Gas’s third-quarter 2026 diluted earnings fell 13% year over year to $0.35 per share.
  • Total revenues climbed 58% to $513.89 million, while production increased 17% year over year to 117,286 barrels of oil equivalent daily.
  • WildFire integration remains ahead of synergy expectations, with more than one-third of anticipated annual synergies on track for realization by year-end.
  • Fourth-quarter production is forecast at 159–161 thousand barrels of oil equivalent daily, with drilling and completions spending of roughly $235 million.


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: 20261104007215) on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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