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Magnolia Oil & Gas Announces Quarterly Dividend

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Magnolia Oil & Gas Corporation (NYSE: MGY) declares $0.115 quarterly cash dividend for Class A common stock and Class B unit, payable on September 1, 2023, to shareholders of record as of August 10, 2023.
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HOUSTON--(BUSINESS WIRE)-- Magnolia Oil & Gas Corporation (NYSE: MGY) announced today that its Board of Directors has declared a quarterly cash dividend of $0.115 per share of Class A common stock, and a cash distribution of $0.115 per Class B unit, payable on September 1, 2023 to shareholders of record as of August 10, 2023.

About Magnolia Oil & Gas

Magnolia is a publicly traded oil and gas exploration and production company with operations primarily in South Texas in the core of the Eagle Ford Shale and Austin Chalk formations. Magnolia focuses on generating value for shareholders through steady production growth, strong pre-tax margins, and free cash flow. For more information, visit www.magnoliaoilgas.com.

Investors

Jim Johnson

713-842-9033

jjohnson@mgyoil.com

Tom Fitter

713-331-4802

tfitter@mgyoil.com

Media

Art Pike

713-842-9057

apike@mgyoil.com

Source: Magnolia Oil & Gas Corporation

FAQ

What is the dividend declared by Magnolia Oil & Gas Corporation (NYSE: MGY)?

The company declared a quarterly cash dividend of $0.115 per share of Class A common stock and a cash distribution of $0.115 per Class B unit.

When will the dividend be payable for Magnolia Oil & Gas Corporation (NYSE: MGY)?

The dividend will be payable on September 1, 2023.

Who are eligible to receive the dividend from Magnolia Oil & Gas Corporation (NYSE: MGY)?

Shareholders of record as of August 10, 2023, are eligible to receive the dividend.

Magnolia Oil & Gas Corporation

NYSE:MGY

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5.18B
191.04M
1.38%
118.76%
15.54%
Oil & Gas E&P
Crude Petroleum & Natural Gas
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United States of America
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