Is it safe?
Can MGY take a bad year?
Magnolia Oil & Gas Corporation carries $98M of net debt at 0.10× EBITDA: a load its earnings can carry.
$98M
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.10×
Net debt / EBITDA · 0.15× a year ago · the load is coming down
- Altman Z-score
- 4.92
Altman Z-score · safe zone, above 3
- Debt / equity
- 0.18×
Debt / equity
Details›
- Total debtQ2 2026
- $394M
- Cash and short-term investments
- $296M
- Net debt
- $98M
- EBITDA, trailing twelve months
- $1.02B
- Operating profit, trailing twelve months
- $563M
- Debt / equity
- 0.18×
- Total debt / EBITDA
- 0.39×
- Annualised volatilitytwo years of daily moves
- 36%
- Worst drawdown on file
- −78%
- Below its 52-week high
- −18%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.