Investor Presentaiton
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Summary Investment Highlights
MAGNOLIA
OIL & GAS
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MAGNOLIA
OIL & GAS CORPORATION
High Quality Assets Positioned for Success
Coveted position in core of Karnes County with industry leading breakevens between $28 - $32 per barrel (1)
Emerging position in the Giddings Field with results that continue to improve and provides potential upside
Positive Free Cash Flow and Leading Margins
One of the select upstream independents generating substantial free cash flow after capital expenditures
Leading free cash flow yield at a wide range of commodity prices versus the vast majority of the E&P group.
Multiple Levers of Growth
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Steady organic growth through proven drilling program while remaining well within cash flow
Clean balance sheet and strong free cash flow enables Magnolia to pursue accretive acquisitions
Strong Balance Sheet, Financial Flexibility & Conservative Financial Policy
Conservative leverage profile with only $400 million of principal total debt outstanding(2)
Substantial liquidity of $626 million (2)
(1) Source: RSEG.
(2) Debt and liquidity as of 3/31/2019.
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