Magnolia Oil & Gas MGY
NYSE MGY
$23.49 -0.12 (-0.51%)
At close: Sep 30, 2026 · 4:00 PM EDT

Magnolia Oil & Gas (MGY) Asset Utilization Ratio (2017 - 2026)

Updated

Magnolia Oil & Gas' (MGY) Asset Utilization Ratio stood at 0.49 in Q2 2026, up 4.8% from 0.46 a year earlier and up 7.7% from the prior quarter.

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 Q2 2026 figure is the highest quarterly Asset Utilization Ratio since Q2 2023.
  • On a year-over-year basis, Asset Utilization Ratio rose in four of the last eight quarters, with growth averaging 0.3%.
  • 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 0.45 (Q1 2026), 0.45 (Q4 2025) and 0.46 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Shell 540.77 Bn 451.32 Bn 30.13 Bn 0.79
2 Chevron 403.83 Bn 381.62 Bn 33.45 Bn 0.65
3 TotalEnergies SE 188.75 Bn 71.88 Bn - 0.53
4 Eni Spa 170.81 Bn 120.33 Bn - 0.57
5 Conocophillips 150.42 Bn 123.13 Bn 12.81 Bn 0.53
6 Equinor Asa 104.06 Bn 50.12 Bn - 83.27
7 Phillips 66 101.90 Bn 90.89 Bn 8.38 Bn 1.89
8 Canadian Natural Resources 97.96 Bn 94.91 Bn - -
9 Suncor Energy 80.99 Bn 66.79 Bn - 0.60
10 Magnolia Oil & Gas 4.34 Bn 3.37 Bn 461.61 Mn 0.49
Historic Data

Historic Data

Download Data
DateValue
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
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_KEY