Magnolia Oil & Gas Q4 Revenue of $317.6M Tops Estimates, Hits Record 104,000 boe/d
Magnolia Oil & Gas reported Q4 2025 adjusted EPS of $0.38, topping estimates by $0.01, and revenue of $317.6 million, exceeding consensus by $3.9 million. Production hit a record 104,000 boe/d, up 11% year-over-year, while FY2025 free cash flow reached $425 million with 75% returned to shareholders.
1. Q4 2025 Earnings and Revenue
Magnolia Oil & Gas delivered adjusted earnings of $0.38 per share in Q4 2025, beating analyst projections by $0.01. Quarterly revenue reached $317.6 million, topping consensus estimates by $3.9 million and demonstrating strong top-line momentum.
2. Record Production Growth
The company achieved a new quarterly production record of 104,000 barrels of oil equivalent per day, marking an 11% increase versus Q4 2024. For the full year, total output averaged 100,000 boe/d, with oil production rising 4% year-over-year to nearly 40,000 barrels per day.
3. Free Cash Flow and Shareholder Returns
Free cash flow exceeded $425 million in FY2025, with approximately 75% of that amount returned to shareholders through dividends and share repurchases. A quarterly dividend of $0.165 per share was declared, supporting a current annual yield of 2.54%.
4. 2026 Production Outlook
Management is targeting 5% production growth in 2026 while keeping capital spending flat relative to 2025. This guidance reflects a focus on efficiency and disciplined investment to sustain output gains without increasing expenditure.