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
DateValue
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