Magnolia Oil & Gas (MGY) Asset Writedowns and Impairment (2020 - 2023)

Magnolia Oil & Gas (MGY) posted Asset Writedowns and Impairment of $15.7 million for Q1 2023, down 16.04% on a QoQ basis from $18.7 million in Q4 2020.

Magnolia Oil & Gas (MGY) Asset Writedowns and Impairment (2020 - 2023) Analysis & Trends

Magnolia Oil & Gas' Asset Writedowns and Impairment history runs 2 years deep, the most recent figure standing at $15.7 million for Q1 2023.

  • Quarterly Asset Writedowns and Impairment changed N/A year-over-year to $15.7 million in Q1 2023, while the trailing twelve-month figure through Dec 2023 was $15.7 million (changed N/A YoY) and the FY2023 annual result came in at $15.7 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment was $15.7 million for Q1 2023 at Magnolia Oil & Gas, down from $18.7 million in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $1.4 billion in Q1 2020 and bottomed at $15.7 million in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn
2 Eog Resources 74.61 Bn 70.76 Bn -
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn
7 Texas Pacific Land 27.36 Bn 27.11 Bn -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn
10 Magnolia Oil & Gas 4.41 Bn 4.29 Bn 340.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2023 15.74 Mn
Mar 31, 2023 15.74 Mn
Dec 31, 2020 18.74 Mn
Dec 31, 2020 18.74 Mn
Mar 31, 2020 1.38 Bn
Mar 31, 2020 1.38 Bn