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Magnolia Oil & Gas Corporation Announces First Quarter 2019 Results

Magnolia Oil & Gas Corporation Class A (MGY) 
Last magnolia oil & gas corporation class a earnings: 2/19 04:11 pm Check Earnings Report
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)-- Magnolia Oil & Gas Corporation (“Magnolia,” “we,” “our,” or the “Company”) (NYSE: MGY) (NYSE: MGY.WS) today announced its financial and operational results for the first quarter of 2019. First Quarter 2019 Summary Financial Results: Total reported net income: $22.7 million Earnings per share - diluted: $0.08 Adjusted net income1: $23.0 million; Weighted average total shares outstanding2: 251.5 million Adjusted EBITDAX1: $160.1 million Capital expenditures - drilling and completions: $139.8 million Acquisition expenditures: $53.3 million Changes in working capital: $(37.9) million Cash balance as of March 31, 2019: $76.3 million First Quarter 2019 Highlights: Magnolia reported first quarter net income attributable to Class A Show less Read more
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