Magnolia Oil & Gas is an independent oil producer with assets located in the Eagle Ford Shale and Austin Chalk formations in South Texas. Our objective is to maximize shareholder returns by generating steady production growth, strong pre-tax margins, and significant free cash flow. Magnolia was formed in 2018 through the business combination of EnerVests South Texas Division and TPG Pace Energy, a Special Purpose Acquisition Company (SPAC) formed by Steve Chazen, our Chairman and CEO, and TPG Capital. Magnolia is headquartered in Houston, Texas.
Mission
Magnolia Oil & Gas Corporations mission is to maximize shareholder returns by growing our premier asset platform, generating substantial free cash flow, maintaining financial flexibility, and thoughtful capital allocation.
Corporate Governance
Magnolia is committed to strong corporate governance principles and practices. We have adopted the following governance policies and guidelines, which may be modified from time to time in accordance with applicable law or as determined to be in the best interest of the company.
Where We Operate
Magnolias South Texas asset platform includes a well-delineated, low-risk position in the Karnes County Core and significant upside in the Giddings Field, a re-emerging premier oil play. Together, these positions comprise approximately 360,000 net acres with multi-bench development potential and stacked pay.
Company Name | Magnolia Oil & Gas |
Business Category | Oil & Gas |
Address | 1001 Fannin Street Suite 400 Houston Texas United States ZIP: 77002 |
President | Stephen Chazen |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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Name | Position | Contact Details | Subscribe to view |
*** | President, Chief Executive Officer and Chairman | Locked content | |
*** | Executive Vice President and Chief Financial Officer | Locked content | |
*** | Executive Vice President, General Counsel, and Secretary | Locked content | |
*** | Senior Vice President, Operations | Locked content |