WildFire reports 32.2M Magnolia Oil stake
Magnolia Oil & Gas Corp (MGY) reported that WildFire Energy I LLC directly holds 32,203,000 shares of its Class A common stock, making associated reporting entities ten percent owners.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
3
Rhea-AI Filing Summary
Magnolia Oil & Gas Corp (MGY) reported that WildFire Energy I LLC directly holds 32,203,000 shares of its Class A common stock, making associated reporting entities ten percent owners. The Warburg Entities and the Kayne Entities jointly control WildFire Energy I LLC and each disclaims beneficial ownership beyond its pecuniary interest.
Insider Trade Summary
Holdings reported, no transactions
Holdings
Insider
WildFire Energy I LLC, Hawkwood HoldCo, L.P., Hawkwood HoldCo GP, LLC, Warburg Pincus & Co US, LLC, KAYNE ANDERSON CAPITAL ADVISORS LP
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Class A Common Stock F1, F2, F3 | -- | -- | -- |
Holdings:
Class A Common Stock — 32,203,000 shares (Direct)
Footnotes (3)
- F1. The reported securities are directly held by WildFire Energy I LLC (the "Shareholder"). Hawkwood HoldCo, L.P., Kayne Private Energy Income Fund II, L.P., Kayne Private Energy Income Fund II-B, L.P., Kayne Anderson Energy Fund VIII, L.P. and certain management individuals hold 100% of the equity interests in the Shareholder. The Warburg Entities and the Kayne Entities (each as defined below) jointly control the Shareholder.
- F2. Warburg Pincus & Company US, LLC ("Warburg Pincus") is the general partner of Warburg Pincus Partners II (US), L.P., which is the managing member of Warburg Pincus Partners (E&P) XI LLC, which is the sole member of Warburg Pincus (E&P) XI LLC, which is the general partner of Warburg Pincus (E&P) XI, L.P., which is the general partner of Warburg Pincus Private Equity (E&P) XI - A, L.P., which is the managing member of Hawkwood HoldCo GP, LLC, which is the general partner of Hawkwood HoldCo, L.P., which holds the securities on behalf of various funds and accounts indirectly managed by Warburg Pincus (the entities in this footnote 2, the "Warburg Entities"). Each of the Warburg Entities disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Warburg Entities are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.
- F3. Kayne Private Energy Income Fund II, L.P., Kayne Private Energy Income Fund II-B, L.P. and Kayne Anderson Energy Fund VIII, L.P. are managed, with discretion to purchase or sell securities, by Kayne Anderson Capital Advisors, L.P. (or controlled affiliates thereof) (collectively, the "Kayne Entities"), as a registered investment adviser. Each of the Kayne Entities disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Kayne Entities are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.
Key Figures
Class A Common Stock held: 32,203,000 shares
Reporting persons classified as ten percent owners: 5 entities
Form type: Form 3 (Initial Statement of Beneficial Ownership)
3 metrics
Class A Common Stock held
32,203,000 shares
Directly held by WildFire Energy I LLC as of September 10, 2026
Reporting persons classified as ten percent owners
5 entities
WildFire Energy I LLC and four affiliated entities
Form type
Form 3 (Initial Statement of Beneficial Ownership)
Initial Section 16 ownership report for Magnolia Oil & Gas Corp
Key Terms
ten percent owner, beneficial ownership, pecuniary interest, registered investment adviser
4 terms
ten percent owner regulatory
"each is identified as a ten percent owner of Magnolia Oil & Gas Corp"
beneficial ownership regulatory
"disclaims beneficial ownership of the securities reported herein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of its pecuniary interest therein"
registered investment adviser regulatory
"Kayne Anderson Capital Advisors, L.P. ... as a registered investment adviser"
A registered investment adviser (RIA) is a firm or individual legally registered with regulators to give personalized investment advice and manage clients' money, with a duty to put clients’ interests ahead of their own. Think of an RIA as a licensed financial guide who must disclose fees, conflicts and how they are paid; that transparency and legal duty matter to investors because it reduces the risk of hidden costs or biased recommendations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership stake in MGY does WildFire Energy I LLC report on this Form 3?
WildFire Energy I LLC reports direct ownership of 32,203,000 shares of Magnolia Oil & Gas Corp Class A common stock, as of September 10, 2026, making the associated reporting entities ten percent owners under Section 16 rules.
Who are the reporting persons on Magnolia Oil & Gas (MGY) Form 3?
The reporting persons are WildFire Energy I LLC, Hawkwood HoldCo, L.P., Hawkwood HoldCo GP, LLC, Warburg Pincus & Co US, LLC, and Kayne Anderson Capital Advisors LP, each identified as a ten percent owner of Magnolia Oil & Gas Corp.
What role do the Kayne Entities play in Magnolia Oil & Gas (MGY) ownership?
Kayne Private Energy Income Fund II, L.P., related funds, and Kayne Anderson Energy Fund VIII, L.P. are managed by Kayne Anderson Capital Advisors, L.P. as registered investment adviser and, as the Kayne Entities, jointly control WildFire Energy I LLC while disclaiming beneficial ownership beyond pecuniary interests.
Does this MGY Form 3 report any recent insider buy or sell transactions?
No. The Form 3 records a holding of 32,203,000 Class A shares by WildFire Energy I LLC as of September 10, 2026, but does not report any specific purchase or sale transactions by the reporting persons.
AI-generated analysis. How Rhea-AI works. Not financial advice.
