2019 Q2 Form 10-Q Financial Statement
#000169899019000019 Filed on August 07, 2019
Income Statement
Concept | 2019 Q2 | 2018 Q2 |
---|---|---|
Revenue | $243.0M | $200.0M |
YoY Change | 21.49% | |
Cost Of Revenue | $32.30M | |
YoY Change | ||
Gross Profit | $210.6M | |
YoY Change | ||
Gross Profit Margin | 86.68% | |
Selling, General & Admin | $32.20M | $28.70M |
YoY Change | 12.2% | 14250.0% |
% of Gross Profit | 15.29% | |
Research & Development | $3.600M | |
YoY Change | ||
% of Gross Profit | 1.71% | |
Depreciation & Amortization | $126.1M | $63.35M |
YoY Change | 99.05% | |
% of Gross Profit | 59.88% | |
Operating Expenses | $166.9M | $174.4M |
YoY Change | -4.3% | 87100.0% |
Operating Profit | $43.63M | $101.3M |
YoY Change | -56.94% | -49113.51% |
Interest Expense | -$7.200M | -$23.00M |
YoY Change | -68.7% | -3385.71% |
% of Operating Profit | -16.5% | -22.7% |
Other Income/Expense, Net | -$7.184M | -$14.31M |
YoY Change | -49.8% | |
Pretax Income | $36.45M | $87.02M |
YoY Change | -58.12% | 19412.67% |
Income Tax | $5.145M | $573.0K |
% Of Pretax Income | 14.12% | 0.66% |
Net Earnings | $18.51M | $86.45M |
YoY Change | -78.59% | 29721.83% |
Net Earnings / Revenue | 7.62% | 43.23% |
Basic Earnings Per Share | $0.12 | |
Diluted Earnings Per Share | $0.12 | $739.1K |
COMMON SHARES | ||
Basic Shares Outstanding | 156.8M shares | |
Diluted Shares Outstanding | 159.1M shares |
Balance Sheet
Concept | 2019 Q2 | 2018 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $96.70M | $200.0K |
YoY Change | 48250.0% | -88.89% |
Cash & Equivalents | $96.71M | $242.1K |
Short-Term Investments | ||
Other Short-Term Assets | $5.662M | $100.0K |
YoY Change | 5562.0% | -50.0% |
Inventory | ||
Prepaid Expenses | $113.3K | |
Receivables | $126.9M | |
Other Receivables | $0.00 | |
Total Short-Term Assets | $230.5M | $355.4K |
YoY Change | 64756.02% | -82.23% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $3.235B | |
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $19.39M | $655.3M |
YoY Change | -97.04% | 0.71% |
Other Assets | $5.305M | $3.100M |
YoY Change | 71.13% | |
Total Long-Term Assets | $3.301B | $658.5M |
YoY Change | 401.27% | 1.21% |
TOTAL ASSETS | ||
Total Short-Term Assets | $230.5M | $355.4K |
Total Long-Term Assets | $3.301B | $658.5M |
Total Assets | $3.531B | $658.8M |
YoY Change | 435.99% | 0.95% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $197.0M | |
YoY Change | ||
Accrued Expenses | $10.60M | |
YoY Change | 783.33% | |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $201.1M | $11.58M |
YoY Change | 1636.57% | 543.45% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $389.2M | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $2.423M | $22.80M |
YoY Change | -89.37% | 0.0% |
Total Long-Term Liabilities | $545.9M | $22.80M |
YoY Change | 2294.09% | 0.0% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $201.1M | $11.58M |
Total Long-Term Liabilities | $545.9M | $22.80M |
Total Liabilities | $747.0M | $34.33M |
YoY Change | 2075.76% | 40.13% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $67.04M | -$3.372M |
YoY Change | -2088.39% | |
Common Stock | $8.370M | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.740B | $5.000M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $3.531B | $658.8M |
YoY Change | 435.99% | 0.95% |
Cashflow Statement
Concept | 2019 Q2 | 2018 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $18.51M | $86.45M |
YoY Change | -78.59% | 29721.83% |
Depreciation, Depletion And Amortization | $126.1M | $63.35M |
YoY Change | 99.05% | |
Cash From Operating Activities | $192.8M | -$500.0K |
YoY Change | -38660.0% | 400.0% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$132.9M | |
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$39.00M | $0.00 |
YoY Change | -100.0% | |
Cash From Investing Activities | -$171.9M | $0.00 |
YoY Change | -100.0% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -500.0K | 200.0K |
YoY Change | -350.0% | -99.97% |
NET CHANGE | ||
Cash From Operating Activities | 192.8M | -500.0K |
Cash From Investing Activities | -171.9M | 0.000 |
Cash From Financing Activities | -500.0K | 200.0K |
Net Change In Cash | 20.40M | -300.0K |
YoY Change | -6900.0% | -117.65% |
FREE CASH FLOW | ||
Cash From Operating Activities | $192.8M | -$500.0K |
Capital Expenditures | -$132.9M | |
Free Cash Flow | $325.7M | |
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2019 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001698990 | ||
CY2019Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2019-06-30 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
001-38083 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Magnolia Oil & Gas Corp | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
81-5365682 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
Nine Greenway Plaza, Suite 1300 | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
77046 | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Houston, | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
TX | ||
dei |
City Area Code
CityAreaCode
|
713 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
842-9050 | ||
dei |
Security12b Title
Security12bTitle
|
Class A Common Stock, par value $0.0001 | ||
dei |
Trading Symbol
TradingSymbol
|
MGY | ||
dei |
Security Exchange Name
SecurityExchangeName
|
NYSE | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
false | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
CY2019Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
96709000 | USD |
CY2018Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
135758000 | USD |
CY2019Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
126940000 | USD |
CY2018Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
140284000 | USD |
CY2019Q2 | mgy |
Drilling Advances
DrillingAdvances
|
1186000 | USD |
CY2018Q4 | mgy |
Drilling Advances
DrillingAdvances
|
12259000 | USD |
CY2019Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
5662000 | USD |
CY2018Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
4058000 | USD |
CY2019Q2 | us-gaap |
Assets Current
AssetsCurrent
|
230497000 | USD |
CY2018Q4 | us-gaap |
Assets Current
AssetsCurrent
|
292359000 | USD |
CY2019Q2 | us-gaap |
Oil And Gas Property Successful Effort Method Gross
OilAndGasPropertySuccessfulEffortMethodGross
|
3653368000 | USD |
CY2018Q4 | us-gaap |
Oil And Gas Property Successful Effort Method Gross
OilAndGasPropertySuccessfulEffortMethodGross
|
3250742000 | USD |
CY2019Q2 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
1871000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
360000 | USD |
CY2019Q2 | us-gaap |
Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
|
419973000 | USD |
CY2018Q4 | us-gaap |
Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
|
177898000 | USD |
CY2019Q2 | us-gaap |
Oil And Gas Property Successful Effort Method Net
OilAndGasPropertySuccessfulEffortMethodNet
|
3235266000 | USD |
CY2018Q4 | us-gaap |
Oil And Gas Property Successful Effort Method Net
OilAndGasPropertySuccessfulEffortMethodNet
|
3073204000 | USD |
CY2019Q2 | us-gaap |
Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
|
9570000 | USD |
CY2018Q4 | us-gaap |
Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
|
10731000 | USD |
CY2019Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
19390000 | USD |
CY2018Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
18873000 | USD |
CY2019Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
31104000 | USD |
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
38356000 | USD |
CY2019Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
5305000 | USD |
CY2018Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
0 | USD |
CY2019Q2 | us-gaap |
Assets
Assets
|
3531132000 | USD |
CY2018Q4 | us-gaap |
Assets
Assets
|
3433523000 | USD |
CY2019Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
197000000 | USD |
CY2018Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
196357000 | USD |
CY2019Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
4131000 | USD |
CY2018Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1004000 | USD |
CY2019Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
201131000 | USD |
CY2018Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
197361000 | USD |
CY2019Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
389225000 | USD |
CY2018Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
388635000 | USD |
CY2019Q2 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
91917000 | USD |
CY2018Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
84979000 | USD |
CY2019Q2 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
62288000 | USD |
CY2018Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
54593000 | USD |
CY2019Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
2423000 | USD |
CY2018Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
0 | USD |
CY2019Q2 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
545853000 | USD |
CY2018Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
528207000 | USD |
CY2019Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2018Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2019Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1672516000 | USD |
CY2018Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1641237000 | USD |
CY2019Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
67039000 | USD |
CY2018Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
35507000 | USD |
CY2019Q2 | us-gaap |
Minority Interest
MinorityInterest
|
1044568000 | USD |
CY2018Q4 | us-gaap |
Minority Interest
MinorityInterest
|
1031186000 | USD |
CY2019Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3531132000 | USD |
CY2018Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3433523000 | USD |
CY2019Q2 | us-gaap |
Revenues
Revenues
|
242958000 | USD |
us-gaap |
Revenues
Revenues
|
461631000 | USD | |
CY2018Q2 | us-gaap |
Revenues
Revenues
|
199987000 | USD |
us-gaap |
Revenues
Revenues
|
372299000 | USD | |
CY2019Q2 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
24895000 | USD |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
46413000 | USD | |
CY2018Q2 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
10546000 | USD |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
19832000 | USD | |
CY2019Q2 | mgy |
Gas Gathering Transportation Marketingand Processing Costs1
GasGatheringTransportationMarketingandProcessingCosts1
|
7431000 | USD |
mgy |
Gas Gathering Transportation Marketingand Processing Costs1
GasGatheringTransportationMarketingandProcessingCosts1
|
16746000 | USD | |
CY2018Q2 | mgy |
Gas Gathering Transportation Marketingand Processing Costs1
GasGatheringTransportationMarketingandProcessingCosts1
|
6211000 | USD |
mgy |
Gas Gathering Transportation Marketingand Processing Costs1
GasGatheringTransportationMarketingandProcessingCosts1
|
10689000 | USD | |
CY2019Q2 | us-gaap |
Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
|
13091000 | USD |
us-gaap |
Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
|
27492000 | USD | |
CY2018Q2 | us-gaap |
Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
|
12907000 | USD |
us-gaap |
Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
|
21676000 | USD | |
CY2019Q2 | us-gaap |
Exploration Expense
ExplorationExpense
|
3617000 | USD |
us-gaap |
Exploration Expense
ExplorationExpense
|
6093000 | USD | |
CY2018Q2 | us-gaap |
Exploration Expense
ExplorationExpense
|
350000 | USD |
us-gaap |
Exploration Expense
ExplorationExpense
|
452000 | USD | |
CY2019Q2 | mgy |
Asset Retirement Obligation Accretion Expense Netof Adjustments
AssetRetirementObligationAccretionExpenseNetofAdjustments
|
1373000 | USD |
mgy |
Asset Retirement Obligation Accretion Expense Netof Adjustments
AssetRetirementObligationAccretionExpenseNetofAdjustments
|
2701000 | USD | |
CY2018Q2 | mgy |
Asset Retirement Obligation Accretion Expense Netof Adjustments
AssetRetirementObligationAccretionExpenseNetofAdjustments
|
-13000 | USD |
mgy |
Asset Retirement Obligation Accretion Expense Netof Adjustments
AssetRetirementObligationAccretionExpenseNetofAdjustments
|
83000 | USD | |
CY2019Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
126102000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
242048000 | USD | |
CY2018Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | USD |
CY2018Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
63353000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
114714000 | USD | |
CY2019Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3626000 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
7253000 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | USD | |
CY2019Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
19106000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
35302000 | USD | |
CY2018Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5301000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
11009000 | USD | |
CY2019Q2 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
85000 | USD |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
438000 | USD | |
CY2018Q2 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
0 | USD |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
0 | USD | |
CY2019Q2 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
199326000 | USD |
us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
384486000 | USD | |
CY2018Q2 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
98655000 | USD |
us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
178455000 | USD | |
CY2019Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
43632000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
77145000 | USD | |
CY2018Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
101332000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
193844000 | USD | |
CY2019Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
128000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
516000 | USD | |
CY2018Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
688000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1056000 | USD | |
CY2019Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-7299000 | USD |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-14715000 | USD | |
CY2018Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
0 | USD |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
0 | USD | |
CY2019Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
0 | USD |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
0 | USD | |
CY2018Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-14800000 | USD |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-21992000 | USD | |
CY2019Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-13000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-11000 | USD | |
CY2018Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-198000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-74000 | USD | |
CY2019Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-7184000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-14210000 | USD | |
CY2018Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-14310000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-21010000 | USD | |
CY2019Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
36448000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1019000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
62935000 | USD | |
CY2018Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
87022000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
172834000 | USD | |
CY2019Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5145000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
8920000 | USD | |
CY2018Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
573000 | USD |
CY2019Q2 | us-gaap |
Profit Loss
ProfitLoss
|
31303000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
54015000 | USD | |
CY2018Q2 | us-gaap |
Profit Loss
ProfitLoss
|
86449000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
171815000 | USD | |
CY2019Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
12797000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
22484000 | USD | |
CY2018Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD | |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
18506000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
31531000 | USD | |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
86449000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
171815000 | USD | |
CY2019Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.12 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.20 | ||
CY2019Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.12 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.20 | ||
CY2019Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
156844000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
156584000 | shares | |
CY2019Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
159057000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
158587000 | shares | |
CY2017Q4 | mgy |
Net Parent Investment
NetParentInvestment
|
1597838000 | USD |
CY2018Q1 | mgy |
Net Parent Investment Increasefrom Contribution
NetParentInvestmentIncreasefromContribution
|
133117000 | USD |
CY2018Q1 | us-gaap |
Profit Loss
ProfitLoss
|
85366000 | USD |
CY2018Q1 | mgy |
Net Parent Investment
NetParentInvestment
|
1816321000 | USD |
CY2018Q2 | mgy |
Net Parent Investment Decreasefrom Distribution
NetParentInvestmentDecreasefromDistribution
|
-48937000 | USD |
CY2018Q2 | us-gaap |
Profit Loss
ProfitLoss
|
86449000 | USD |
CY2018Q2 | mgy |
Net Parent Investment
NetParentInvestment
|
1853833000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2707955000 | USD |
CY2019Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2432000 | USD |
CY2019Q1 | us-gaap |
Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
|
-87000 | USD |
CY2019Q1 | mgy |
Shares Redeemed During Period Business Acquisition Value
SharesRedeemedDuringPeriodBusinessAcquisitionValue
|
25245000 | USD |
CY2019Q1 | us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
8809000 | USD |
CY2019Q1 | us-gaap |
Profit Loss
ProfitLoss
|
22713000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2716577000 | USD |
CY2019Q2 | us-gaap |
Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
|
742000 | USD |
CY2019Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3115000 | USD |
mgy |
Noncash Exploration Expense
NoncashExplorationExpense
|
483000 | USD | |
mgy |
Noncash Exploration Expense
NoncashExplorationExpense
|
0 | USD | |
CY2019Q2 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
33693000 | USD |
CY2019Q2 | mgy |
Adjustmentsto Additional Paidin Capital Offering Expenses Incurredin Connectionwith Warrants Exchange
AdjustmentstoAdditionalPaidinCapitalOfferingExpensesIncurredinConnectionwithWarrantsExchange
|
1055000 | USD |
CY2019Q2 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
227000 | USD |
CY2019Q2 | us-gaap |
Profit Loss
ProfitLoss
|
31303000 | USD |
CY2019Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2784148000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
54015000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
171815000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
242048000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
114714000 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
7253000 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | USD | |
us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
2701000 | USD | |
us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
83000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1752000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
0 | USD | |
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
10059000 | USD | |
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
0 | USD | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
0 | USD | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-21992000 | USD | |
mgy |
Payments For Proceeds From Settlementof Derivatives
PaymentsForProceedsFromSettlementofDerivatives
|
0 | USD | |
mgy |
Payments For Proceeds From Settlementof Derivatives
PaymentsForProceedsFromSettlementofDerivatives
|
25556000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
8351000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
191000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5547000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
0 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
428000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
1141000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
14541000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
46276000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1265000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
0 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-18938000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
263000 | USD | |
mgy |
Increase Decreasein Drilling Advances
IncreaseDecreaseinDrillingAdvances
|
-11073000 | USD | |
mgy |
Increase Decreasein Drilling Advances
IncreaseDecreaseinDrillingAdvances
|
0 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
1249000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
421000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
309391000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
235664000 | USD | |
mgy |
Proceedsfrom Final Settlementof Business Combination
ProceedsfromFinalSettlementofBusinessCombination
|
4250000 | USD | |
us-gaap |
Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
|
169529000 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
0 | USD | |
mgy |
Proceedsfrom Final Settlementof Business Combination
ProceedsfromFinalSettlementofBusinessCombination
|
0 | USD | |
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
91903000 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
176000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
248000 | USD | |
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
150139000 | USD | |
us-gaap |
Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
|
267309000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-355210000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
6770000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
84180000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-39049000 | USD | |
us-gaap |
Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
|
84180000 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
7075000 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
0 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-305000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-319844000 | USD | |
us-gaap |
Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
|
0 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
0 | USD | |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
135758000 | USD |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
0 | USD |
CY2019Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
96709000 | USD |
CY2018Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
0 | USD |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
390000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
337000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
13063000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | USD | |
mgy |
Increase Decrease In Capital Expenditures Incurred But Not Yet Paid
IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid
|
46524000 | USD | |
mgy |
Increase Decrease In Capital Expenditures Incurred But Not Yet Paid
IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid
|
38682000 | USD | |
us-gaap |
Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
|
33693000 | USD | |
us-gaap |
Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
|
0 | USD | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
6382000 | USD | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | USD | |
CY2018Q1 | mgy |
Numberof Wholly Owned Subsidiaries Formed
NumberofWhollyOwnedSubsidiariesFormed
|
3 | subsidiary |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
8351000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
8920000 | USD | |
CY2018Q2 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
309000 | USD |
CY2018Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-14800000 | USD |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-22000000.0 | USD | |
us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
569000 | USD | |
CY2018Q2 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
264000 | USD |
CY2019Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
13296000 | USD |
CY2019Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
31104000 | USD |
us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P3Y3M | ||
CY2019Q2 | us-gaap |
Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
|
4900000 | USD |
us-gaap |
Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
|
8500000 | USD | |
CY2019Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.141 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.142 | ||
CY2019Q2 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
-176000 | USD |
us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | USD | |
CY2018Q2 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | USD |
us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | USD | |
CY2019Q2 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
386000 | USD |
us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
569000 | USD | |
CY2018Q2 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
264000 | USD |
us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
828000 | USD | |
CY2019Q2 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
210000 | USD |
CY2019Q2 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-157000 | USD |
us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
828000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
191000 | USD | |
CY2019Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5145000 | USD |
CY2019Q2 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
5092000 | USD |
us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
8454000 | USD | |
CY2018Q2 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
0 | USD |
us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
0 | USD | |
us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-103000 | USD | |
CY2018Q2 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
309000 | USD |
us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
191000 | USD | |
CY2019Q2 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
4935000 | USD |
CY2018Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
573000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1019000 | USD | |
CY2019Q2 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | USD |
CY2019Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
400000000 | USD |
CY2019Q2 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
10775000 | USD |
CY2019Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
389225000 | USD |
mgy |
Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
|
P9Y | ||
CY2019Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
5305000 | USD |
CY2019Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2884000 | USD |
CY2019Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2423000 | USD |
CY2019Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
5307000 | USD |
CY2019Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y1M6D | |
CY2019Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.038 | |
CY2019Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
600000 | USD |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1100000 | USD | |
CY2019Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
6200000 | USD |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
15300000 | USD | |
CY2019Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
600000 | USD |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
1900000 | USD | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1100000 | USD | |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
1647000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
2533000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
1049000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
105000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
98000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
91000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
5523000 | USD |
CY2019Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
216000 | USD |
CY2019Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
5307000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
881000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
646000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
198000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
14000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
15000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
63000 | USD |
CY2019Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
31700000 | shares |
CY2019Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
18506000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
31531000 | USD | |
CY2019Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
156844000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
156584000 | shares | |
CY2019Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.12 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.20 | ||
CY2019Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
18506000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
31531000 | USD | |
CY2019Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
156844000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
156584000 | shares | |
CY2019Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2213000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2003000 | shares | |
CY2019Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
159057000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
158587000 | shares | |
CY2019Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.12 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.20 |