MGY Magnolia Oil & Gas Corp

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 3/4 quarters. Q1 2025: $51M, Q1 2024: $46M, Q3 2020: $10M, Q2 2020: $0M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $51M vs trailing avg $19M (+176%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Negative FCF ($-137M), buybacks not supported by cash flow

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Missing shares repurchased or outstanding data

Are officers and directors buying stock with their own money on the open market?

1 open-market purchase by Ropp Ralph Lewis

• Ropp Ralph Lewis () bought 4,500 shares at $23.10 on 2025-11-11

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Company buybacks in 3 quarters but insufficient insider buying

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $11M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 104.3x more than bought. 3 C-suite officers among sellers

• Corales Brian (SVP & CHIEF FINANCIAL OFFICER) sold 33,000 shares on 2026-03-09
• Yang Timothy D. (EVP, CHIEF LEGAL & COMM & SEC) sold 150,000 shares on 2026-03-09
• Stavros Christopher G (CEO & CHAIRMAN) sold 119,954 shares on 2026-03-09