Magnolia Oil & Gas (MGY) Asset Utilization Ratio (2017 - 2026)
Magnolia Oil & Gas (MGY) reported Asset Utilization Ratio of 0.45 for Q1 2026, down 4.63% on a YoY basis from 0.47 in Q1 2025, and little changed quarter-over-quarter from 0.45 in Q4 2025.
Magnolia Oil & Gas (MGY) Asset Utilization Ratio (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas has reported Asset Utilization Ratio for 10 years, with the latest figure at 0.45 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 4.63% year-over-year to 0.45; the trailing twelve-month figure through Mar 2026 stood at 0.45 (down 4.63% YoY), and the FY2025 full-year result was 0.46, down 2.87% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.45, roughly flat from 0.45 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.76 in Q3 2022, with the low at 0.44 in Q1 2024.
- Historically, Asset Utilization Ratio has averaged 0.54 across 5 years, with a median of 0.47 in 2024.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 80.04% — and 2023, when it slumped 37.19%.
- Magnolia Oil & Gas' Asset Utilization Ratio stood at 0.7 in 2022, then slumped by 34.76% to 0.45 in 2023, then gained by 3.0% to 0.47 in 2024, then declined by 3.64% to 0.45 in 2025, then rose by 0.27% to 0.45 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.45 (Q1 2026), 0.45 (Q4 2025), and 0.46 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 669.86 Bn | 663.92 Bn | - | - |
| 2 | Canadian Natural Resources | 393.48 Bn | 393.48 Bn | 6.72 Bn | 2.23 |
| 3 | Conocophillips | 143.01 Bn | 136.64 Bn | 9.48 Bn | 0.47 |
| 4 | Eog Resources | 72.59 Bn | 68.74 Bn | - | 0.45 |
| 5 | Occidental Petroleum | 55.93 Bn | 52.75 Bn | 4.87 Bn | 0.24 |
| 6 | Diamondback Energy | 54.41 Bn | 60.57 Bn | 4.22 Bn | 0.22 |
| 7 | Vista Energy, S.A.B. de C.V | 35.45 Bn | 34.84 Bn | 472.36 Mn | 0.39 |
| 8 | Eqt | 32.44 Bn | 35.79 Bn | 2.98 Bn | 0.25 |
| 9 | Vermilion Energy | 31.35 Bn | 31.16 Bn | 370.10 Mn | 577.71 |
| 10 | Magnolia Oil & Gas | 5.05 Bn | 4.93 Bn | 340.30 Mn | 0.45 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.45 |
| Dec 31, 2025 | 0.45 |
| Sep 30, 2025 | 0.46 |
| Jun 30, 2025 | 0.46 |
| Mar 31, 2025 | 0.47 |
| Dec 31, 2024 | 0.47 |
| Sep 30, 2024 | 0.46 |
| Jun 30, 2024 | 0.46 |
| Mar 31, 2024 | 0.44 |
| Dec 31, 2023 | 0.45 |
| Sep 30, 2023 | 0.48 |
| Jun 30, 2023 | 0.55 |
| Mar 31, 2023 | 0.63 |
| Dec 31, 2022 | 0.70 |
| Sep 30, 2022 | 0.76 |
| Jun 30, 2022 | 0.76 |
| Mar 31, 2022 | 0.70 |
| Dec 31, 2021 | 0.65 |
| Sep 30, 2021 | 0.59 |
| Jun 30, 2021 | 0.50 |