Investor Presentaiton

Magnolia Oil & Gas - Summary Balance Sheet MAGNOLIA OIL & GAS (in thousands) March 31, 2019 Cash $76,307 Current assets 126,938 December 31, 2018 $135,758 156,601 Property, plant and equipment, net 3,168,544 3,073,204 Other assets Total assets 66,184 67,960 $3,437,973 $3,433,523 Current liabilities $184,460 $197,361 Long-term debt, net 388,928 388,635 Other long-term liabilities 148,008 139,572 Total stockholders' equity 2,716,577 2,707,955 Total liabilities and equity $3,437,973 $3,433,523 18

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