Magnolia Oil & Gas Sets New Record, Increases Dividend by 10%

Magnolia Oil & Gas Corporation reported record 2025 results with revenue of $317.63 million for Q4 and $1.31 billion for the year, alongside net income of $68.75 million for Q4 and $325.25 million for the year. The company increased its quarterly dividend by 10% and returned roughly three-quarters of free cash flow to shareholders. The investment narrative is centered around record production, healthy free cash flow, and disciplined capital returns. Key catalysts include execution on the 2026 production plan and sustainability of the capital return profile.