Business Context and Reporting Period
Company: Magnolia Oil & Gas Corp
Filing Type: Form 8-K (Current Report)
Date of Report: November 13, 2018
Reporting Period: Quarter ended September 30, 2018
This filing serves as a notification that the Company issued a press release and an investor presentation regarding its financial and operational results for the third quarter of 2018. The filing also includes an update to the Company's 2018 estimated production.
Key Financial Metrics
The provided text is a cover sheet for the Form 8-K and does not contain specific numerical data regarding revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being contained within the attached exhibits (Exhibit 99.1 Press Release and Exhibit 99.2 Investor Presentation), which are not included in the source text.
Material Changes
The filing text does not provide specific details on material changes versus the prior comparable period. It only confirms that an update to the 2018 estimated production was provided in the accompanying investor presentation.
Guidance, Outlook, and Risks
- Outlook: The Company provided an update to its 2018 estimated production in the investor presentation (Exhibit 99.2).
- Legal Status of Information: The information furnished pursuant to Item 2.02 and Item 7.01, including the press release and investor presentation, is explicitly not deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934. Consequently, it is not subject to the liabilities of that section and shall not be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q3 2018 financial results and operational metrics.
- Review Exhibit 99.2 (Investor Presentation) for the updated 2018 production estimates and management commentary.
- Verify the specific numerical values for revenue, earnings, and cash flow, as they are not present in the 8-K cover text.
- Note that the forward-looking information in the exhibits is not legally "filed" under Section 18 of the Exchange Act.