Magnolia Oil & Gas Corp (MGY) has declared a quarterly dividend of $0.15 per share, payable to shareholders on November 30, 2025. To qualify for this payment, investors must own shares before the ex-dividend date of November 9, 2025.
With a dividend yield of 2.73%, this announcement highlights the company's commitment to returning value to its shareholders. Magnolia Oil & Gas, headquartered in Houston, Texas, engages in the acquisition, development, exploration, and production of oil and natural gas properties, primarily in South Texas. The company operates on a substantial leasehold position of approximately 817,907 gross acres, including key assets in the Karnes and Giddings areas.
The current financial snapshot shows a market capitalization of $4.1 billion, a P/E ratio of 12.04, and an EPS of 1.82. Such decisions reflect Magnolia's ongoing strategy to provide regular income to its investors. As the company continues to maintain its dividend payments, it underscores its focus on cash flow generation and capital allocation.
Investors may find this dividend announcement particularly relevant as they assess the sustainability of future payments, considering factors such as the company’s dividend history and overall financial health. Upcoming earnings are scheduled for July 27, 2026, with an EPS estimate of $0.46 and revenue expected to reach $335.8 million.