Magnolia Oil agrees to buy Wildfire Energy in $4.1 billion deal
July 20, 2026 10:15 am, EDT (Magnolia Oil & Gas Corp.) key takeaways: Magnolia Oil & Gas Corp. agreed to acquire Wildfire Energy for about $4.1 billion, including debt, the company’s largest acquisition and an expansion of its Eagle Ford Shale position. The transaction includes the assumption of 32.2 million Magnolia Class A shares and