Magnolia Oil & Gas to buy WildFire Energy for $4.06 billion

Reuters2026/07/21 12:05

By:Reuters

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Magnolia Oil & Gas agreed to buy private producer WildFire Energy from Warburg Pincus and Kayne Anderson for USD 4.06 billion.
WildFire operates in South Texas, producing 53 Mboe/d, about 70% oil, across about 810,000 net acres.
Closing is expected in late Q3 2026, subject to customary conditions and regulatory approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Magnolia Oil & Gas Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: NY08387) on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Magnolia Oil & Gas to buy WildFire Energy for $4.06 billion

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