Magnolia Oil & Gas MGY
NYSE MGY
$28.14 -0.08 (-0.28%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
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