Magnolia Oil & Gas Operating LLC, founded in 2017 and headquartered in Houston, Texas, is a leading independent oil and gas company focused on the exploration and production of hydrocarbons primarily in the Eagle Ford Shale play. The company is committed to sustainable growth and operational excellence, providing reliable energy resources while adhering to environmental standards.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TPGE 6.00% 2026-08-01 USDMagnolia Oil & Gas Operating LLC | United States | 2026-08-01 | 6.000 | 18.60 |
| TPGE 6.00% 2026-08-01 USDMagnolia Oil & Gas Operating LLC | United States | 2026-08-01 | 6.000 | 18.24 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Magnolia began issuing bonds in 2019, quickly establishing its presence in the fixed income market. Notably, its August 2021 bond issuance raised $300 million, aiming to refinance existing debt and support ongoing operations, with a yield of 5.5%, competitive within the industry. The firm's bonds feature call options allowing for early redemption, providing flexibility in capital management. As of 2023, investor interest remains strong, reflecting positive market sentiment around Magnolia’s growth strategy and operational performance.