Magnolia Oil & Gas (MGY) Asset Writedowns and Impairment (2020 - 2023)
Magnolia Oil & Gas' (MGY) quarterly Asset Writedowns and Impairment came in at $15.7 million in 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 (MGY) has 2 years of Asset Writedowns and Impairment data on file, last reported at $15.7 million in 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 fell to $15.7 million in Q1 2023, from $18.7 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $1.4 billion in Q1 2020 to a low of $15.7 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Magnolia Oil & Gas | 5.21 Bn | 4.91 Bn | 461.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |