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Magnolia Oil & Gas forecasts 2027 drilling and completion spending of $900 million-$950 million
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Magnolia Oil & Gas forecasts 2027 drilling and completion spending of $900 million-$950 million
  • Magnolia Oil & Gas forecasts 2027 organic production growth of 4%-5%, with drilling and completion spending of $900 million-$950 million.
  • Fourth-quarter 2026 production guidance is 159,000-161,000 barrels of oil equivalent daily, with drilling and completion spending of about $235 million.
  • Annual WildFire acquisition synergies are expected to exceed $100 million by year-end 2027, with more than three-quarters realized by midyear.
  • Net debt totaled approximately $1.9 billion at September 30, 2026, below 1.0 times estimated 2027 EBITDA at current strip prices.


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 on November 11, 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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