MGY - Magnolia Oil & Gas GAAP EPS of $1.20 beats by $0.42 revenue of $349.04M misses by $5.67M

February, 14 2023 04:03 PM Magnolia Oil & Gas Corporation Class A

Magnolia Oil & Gas press release ( NYSE: MGY ): Q4 GAAP EPS of $1.20 beats by $0.42 .
Total net income adjusted for the non-cash deferred income tax benefit was $189.0 million.
Revenue of $349.04M (+5.1% Y/Y) misses by $5.67M .
Adjusted EBITDAX was $267.5 million during the fourth quarter of 2022, with drilling and completions (“D&C”) capital of $140.0 million, representing 52% of quarterly adjusted EBITDAX.
Total production in the fourth quarter of 2022 grew 6% from the fourth quarter of 2021 to 73.8 thousand barrels of oil equivalent per day (“Mboe/d”).

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Company Name:	Magnolia Oil & Gas Corporation Class A
Stock Symbol:	MGY
Market:	NYSE
Website:	magnoliaoilgas.com