Magnolia Oil & Gas (MGY) Asset Utilization Ratio (2017 - 2026)
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
Download Data
Historic 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 |
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
import 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();