Magnolia Oil & Gas Corp: 10-Q filed 2019-08-07

Name: Magnolia Oil & Gas Corp: 10-Q filed 2019-08-07
Creator: Magnolia Oil & Gas Corp

What Magnolia Oil & Gas Corp reported in its quarterly report filed 2019-08-07 (fiscal Q2 2019): 40 published measures, 108 facts as tagged in accession 0001698990-19-000019.

This filing

Form: 10-Q (quarterly report)
Filed: 2019-08-07
Fiscal period: fiscal Q2 2019
Accession: 0001698990-19-000019 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Magnolia Oil & Gas Corp filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2019-06-30	3,531,132,000	USD
At 2018-12-31	3,433,523,000	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit	Days
At 2019-06-30	96,709,000	USD
At 2018-12-31	135,758,000	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	18,506,000	USD	91
2019-01-01 to 2019-06-30	31,531,000	USD	181
2018-04-01 to 2018-06-30	86,449,000	USD	91
2018-01-01 to 2018-06-30	171,815,000	USD	181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2019-01-01 to 2019-06-30	309,391,000	USD	181
2018-01-01 to 2018-06-30	235,664,000	USD	181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	242,958,000	USD	91
2019-01-01 to 2019-06-30	461,631,000	USD	181
2018-04-01 to 2018-06-30	199,987,000	USD	91
2018-01-01 to 2018-06-30	372,299,000	USD	181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2019-01-01 to 2019-06-30	6,770,000	USD	181
2018-01-01 to 2018-06-30	84,180,000	USD	181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2019-01-01 to 2019-06-30	-355,210,000	USD	181
2018-01-01 to 2018-06-30	-319,844,000	USD	181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2019-06-30	67,039,000	USD
At 2018-12-31	35,507,000	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	156,844,000	shares	91
2019-01-01 to 2019-06-30	156,584,000	shares	181

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	159,057,000	shares	91
2019-01-01 to 2019-06-30	158,587,000	shares	181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	0.12	USD/shares	91
2019-01-01 to 2019-06-30	0.2	USD/shares	181

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	0.12	USD/shares	91
2019-01-01 to 2019-06-30	0.2	USD/shares	181

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	5,145,000	USD	91
2019-01-01 to 2019-06-30	8,920,000	USD	181
2018-04-01 to 2018-06-30	573,000	USD	91
2018-01-01 to 2018-06-30	1,019,000	USD	181

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2019-01-01 to 2019-06-30	5,547,000	USD	181
2018-01-01 to 2018-06-30	0	USD	181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	43,632,000	USD	91
2019-01-01 to 2019-06-30	77,145,000	USD	181
2018-04-01 to 2018-06-30	101,332,000	USD	91
2018-01-01 to 2018-06-30	193,844,000	USD	181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2019-06-30	230,497,000	USD
At 2018-12-31	292,359,000	USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2019-06-30	201,131,000	USD
At 2018-12-31	197,361,000	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2019-06-30	31,104,000	USD
At 2018-12-31	38,356,000	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2019-06-30	126,940,000	USD
At 2018-12-31	140,284,000	USD

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit
At 2019-06-30	96,709,000	USD
At 2018-12-31	135,758,000	USD
At 2018-06-30	0	USD
At 2017-12-31	0	USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2019-06-30	1,672,516,000	USD
At 2018-12-31	1,641,237,000	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit
At 2019-06-30	2,784,148,000	USD
At 2019-03-31	2,716,577,000	USD
At 2018-12-31	2,707,955,000	USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

Period	Value	Unit	Days
At 2019-06-30	5,305,000	USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

Period	Value	Unit	Days
At 2019-06-30	5,307,000	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2019-06-30	389,225,000	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2019-06-30	5,305,000	USD
At 2018-12-31	0	USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2019-06-30	2,423,000	USD
At 2018-12-31	0	USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

Period	Value	Unit	Days
At 2019-06-30	62,288,000	USD
At 2018-12-31	54,593,000	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	36,448,000	USD	91
2019-01-01 to 2019-06-30	62,935,000	USD	181
2018-04-01 to 2018-06-30	87,022,000	USD	91
2018-01-01 to 2018-06-30	172,834,000	USD	181

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	31,303,000	USD	91
2019-01-01 to 2019-06-30	54,015,000	USD	181
2019-01-01 to 2019-03-31	22,713,000	USD	90
2018-04-01 to 2018-06-30	86,449,000	USD	91
2018-01-01 to 2018-06-30	171,815,000	USD	181
2018-01-01 to 2018-03-31	85,366,000	USD	90

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	18,506,000	USD	91
2019-01-01 to 2019-06-30	31,531,000	USD	181

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	19,106,000	USD	91
2019-01-01 to 2019-06-30	35,302,000	USD	181
2018-04-01 to 2018-06-30	5,301,000	USD	91
2018-01-01 to 2018-06-30	11,009,000	USD	181

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	126,102,000	USD	91
2019-01-01 to 2019-06-30	242,048,000	USD	181
2018-04-01 to 2018-06-30	63,353,000	USD	91
2018-01-01 to 2018-06-30	114,714,000	USD	181

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	3,626,000	USD	91
2019-01-01 to 2019-06-30	7,253,000	USD	181
2018-04-01 to 2018-06-30	0	USD	91
2018-01-01 to 2018-06-30	0	USD	181

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	-13,000	USD	91
2019-01-01 to 2019-06-30	-11,000	USD	181
2018-04-01 to 2018-06-30	-198,000	USD	91
2018-01-01 to 2018-06-30	-74,000	USD	181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	-7,184,000	USD	91
2019-01-01 to 2019-06-30	-14,210,000	USD	181
2018-04-01 to 2018-06-30	-14,310,000	USD	91
2018-01-01 to 2018-06-30	-21,010,000	USD	181

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	210,000	USD	91
2019-01-01 to 2019-06-30	569,000	USD	181
2018-04-01 to 2018-06-30	264,000	USD	91
2018-01-01 to 2018-06-30	828,000	USD	181

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	4,935,000	USD	91
2019-01-01 to 2019-06-30	8,351,000	USD	181
2018-04-01 to 2018-06-30	309,000	USD	91
2018-01-01 to 2018-06-30	191,000	USD	181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2019-01-01 to 2019-06-30	13,063,000	USD	181
2018-01-01 to 2018-06-30	0	USD	181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2019-01-01 to 2019-06-30	14,541,000	USD	181
2018-01-01 to 2018-06-30	46,276,000	USD	181

Inspect the source

Entity: Magnolia Oil & Gas Corp / CIK 0001698990
Captured: 2026-09-21T17:24:32.321Z
SEC response SHA-256: a664b2ff66ee9be9e68c657977e4773bb5afccd036597da2766e62206f2941c6

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001698990.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))