Magnolia Oil & Gas Acquires WildFire Energy for $4.06 Billion to Expand Eagle Ford Operations

Magnolia Oil & Gas (MGY) has agreed to acquire WildFire Energy in a $4.06 billion deal, significantly expanding its presence in the Giddings field and positioning it as a leading operator in South Texas' Eagle Ford/Austin Chalk region.

By MarketBeat Mon, July 20, 2026 at 8:02 PM GMT+3 7 min read · Yahoo Finance · July 20, 2026, 17:02 UTC

Topics: Eagle Ford Shale Energy Oil & Gas WildFire Energy acquisition

Read the full article at Yahoo Finance

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