Magnolia Oil & Gas (MGY) Asset Utilization Ratio (2017 - 2026)
Magnolia Oil & Gas' (MGY) quarterly Asset Utilization Ratio came in at 0.45 in Q1 2026, down 4.63% YoY from 0.47 in Q1 2025, and little changed on a QoQ basis from 0.45 in Q4 2025.
Magnolia Oil & Gas (MGY) Asset Utilization Ratio (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas (MGY) has 10 years of Asset Utilization Ratio data on file, last reported at 0.45 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 4.63% year-over-year to 0.45 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.45 (down 4.63% YoY) and the FY2025 annual result came in at 0.46, down 2.87% from the prior year.
- Asset Utilization Ratio steadied at 0.45 in Q1 2026, from 0.45 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.76 in Q3 2022 to a low of 0.44 in Q1 2024.
- A 5-year average of 0.54 and a median of 0.47 in 2024 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 80.04% — and 2023, when it slumped 37.19%.
- Tracing MGY's Asset Utilization Ratio over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 0.53 |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 0.50 |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 0.24 |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 0.39 |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 0.27 |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 0.23 |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 0.50 |
| 10 | Magnolia Oil & Gas | 5.21 Bn | 4.91 Bn | 461.61 Mn | 0.49 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 0.59 |