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: 30-80%. Bear: <10% or >80%.

Negative FCF ($-183M), cannot compute buyback ratio

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?

2 open-market purchases by 2 insiders

• Ropp Ralph Lewis () bought 4,500 shares at $23.10 on 2025-11-11
• Szabo Shandell () bought 11,731 shares at $21.30 on 2025-05-02

Are insider purchases happening during the same quarters the company is actively buying back stock?

Insider buying coincided with company buybacks in 0 of 4 quarters

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $0M, sold $10M (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 29.6x 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