Magnolia Oil & Gas Announces Quarterly Dividend

Magnolia Oil & Gas Corporation (NYSE: MGY) announced today that its Board of Directors has declared a quarterly cash dividend of $0.18 per common share, payable on December 1, 2026, to shareholders of record as of November 10, 2026. Magnolia has distributed cash dividends to its shareholders since 2021 and has consistently grown its dividend per share payout each year.

Magnolia (MGY) is a publicly traded oil and gas exploration and production company with operations primarily concentrated in South Texas in the core of the Eagle Ford Shale and Austin Chalk formations. Magnolia focuses on generating value for shareholders by delivering steady, moderate annual production growth resulting from its disciplined and efficient philosophy toward capital spending. The Company strives to generate high pre‐tax operating margins and consistent free cash flow allowing for strong cash returns to our shareholders. For more information, visit www.magnoliaoilgas.com .