Magnolia Oil & Gas (MGY) Asset Utilization Ratio (2017 - 2026)
Magnolia Oil & Gas' (MGY) Asset Utilization Ratio stood at 0.32 in Q3 2026, down 30.5% from 0.46 a year earlier and down 34.8% from the prior quarter.
Powered by 
Analysis
Magnolia Oil & Gas (MGY) Asset Utilization Ratio (2017 - 2026) Analysis & Trends
For FY2025, Magnolia Oil & Gas' Asset Utilization Ratio came in at 0.46, down 2.9% from FY2024.
- Across earlier years, Asset Utilization Ratio came in at 0.47 in FY2024 (+2.5%), 0.46 in FY2023 (-41.3%), 0.78 in FY2022 (+16.4%) and 0.67 in FY2021 (+206.3%).
- The Q3 2026 figure is the lowest quarterly Asset Utilization Ratio since Q4 2019.
- On a year-over-year basis, Asset Utilization Ratio rose in four of the last eight quarters, with an average decline of 3.1%.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 80.0% in Q1 2022, against a decline of 37.2% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.49 (Q2 2026), 0.45 (Q1 2026) and 0.45 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 0.85 |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 0.42 |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 0.70 |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 0.56 |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 0.61 |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 0.56 |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 86.00 |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 2.06 |
| 10 | Magnolia Oil & Gas | 6.54 Bn | 5.83 Bn | 494.29 Mn | 0.32 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.32 |
| Jun 30, 2026 | 0.49 |
| 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 |
API Access
Magnolia Oil & Gas Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MGY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MGY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();