Produced natural gas and NGLs are sold to third-party natural gas processors as well as various intrastate and interstate markets on a competitive pricing basis.
For the year ended December 31, 2024, three customers, including their subsidiaries, accounted for 31%, 24%, and 12% of the Company’s combined oil, natural gas, and NGL revenue.
Magnolia sells the majority of the oil production from the Giddings area to three third parties at market prices, with such purchasers transporting the oil from the lease via trucks under contracts o…
Magnolia Oil & Gas Corporation Debt Obligations
Instrument
Description
Confidence
Evidence
MGY-DEBT-10972
Xbrl Convertible
90%
xbrl convertible detail from xbrl 2024-12-31.
MGY-DEBT
Debt stack $412.9M
90%
Market cache reports total debt of $412.9M.
Magnolia Oil & Gas Corporation Acquisitions
No acquisitions on recordNo completed or pending acquisitions found in our database for Magnolia Oil & Gas Corporation.
Magnolia Oil & Gas Corporation Ownership
Holder
Name
Confidence
Evidence
MGY-OWNER-BLACKROCK-INC
BlackRock, Inc.
90%
13F overlay lists BlackRock, Inc. as top holder; 407 tracked holders.
Magnolia Oil & Gas Corporation Extended Supply Chain Network
No secondary connectionsNo correlated companies found through shared supply chain relationships.