Magnolia Oil & Gas Corp (NYSE: MGY) is an upstream oil and gas company that acquires, develops, and produces crude oil and natural gas. Revenue is generated by selling produced hydrocarbons at market prices, making results directly tied to commodity price cycles. The 10-K filed 2026-02-12 (accession 000169899026000005) covers the fiscal year ended December 31, 2025, and lists the company as a well-known seasoned issuer. The filing's table of contents references core upstream disclosures including business and properties, reserves, and management's discussion of financial results, consistent with a pure-play exploration and production business model. No segment revenue breakdown, production volumes, acreage figures, or customer concentration data are extractable from the provided filing excerpts.

Revenue model

Transactional commodity sales. Magnolia sells crude oil and natural gas at prevailing market prices. Revenue fluctuates with hydrocarbon production volumes and commodity price realizations.

Products and services

Crude oil and natural gas production. No specific branded products or midstream services are identifiable from the provided filing excerpts.

Customers and end markets

End markets are crude oil and natural gas commodity markets. Specific customer names, customer concentration figures, or end-market breakdowns are not supported by the provided filing excerpts.

Value-chain role

Upstream exploration and production. Magnolia operates at the resource extraction stage, producing hydrocarbons for sale into commodity markets.

Geographic exposure

Geographic operating areas are not specified in the provided filing excerpts.

Source: SEC 10-K, filed 2026-02-12

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