Magnolia Oil Gas Reports Strong Q4 and Full Year 2023 Results
Key Highlights:
Q4 2023
Magnolia reported fourth quarter 2023 net income attributable to common stockholders of $976 million, or $2.68 per diluted share.
Full Year 2023
For the full year 2023, Magnolia reported net income attributable to common stockholders of $3.8 billion, or $10.44 per diluted share.
Q1 2024
Magnolia reported a net income of $976 million for Q1 2024, an increase of 25% compared to Q1 2023.
Q2 2024
Magnolia reported second quarter 2024 net income attributable to Class A common stockholders of $1.1 billion, or $3.04 per diluted share.
Magnolia Oil Gas Corporation (NYSE: MGY) will host a conference call to discuss its Q2 2024 earnings on August 1, 2024. The call will begin at 10:00 AM ET.
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