Magnolia Oil & Gas (MGY) Change in Accured Expenses (2017 - 2026)
Magnolia Oil & Gas' (MGY) quarterly Change in Accured Expenses came in at -$6.6 million in Q1 2026, down 155.31% YoY from $11.9 million in Q1 2025, and up 21.06% on a QoQ basis from -$8.3 million in Q4 2025.
Magnolia Oil & Gas (MGY) Change in Accured Expenses (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas (MGY) has 10 years of Change in Accured Expenses data on file, last reported at -$6.6 million in Q1 2026.
- Quarterly Change in Accured Expenses fell 155.31% year-over-year to -$6.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$7.8 million (down 139.88% YoY) and the FY2025 annual result came in at $10.7 million, up 210.84% from the prior year.
- Change in Accured Expenses grew to -$6.6 million in Q1 2026, from -$8.3 million in the prior quarter.
- In the past five years, Change in Accured Expenses ranged from a high of $30.1 million in Q2 2022 to a low of -$17.2 million in Q1 2024.
- A 5-year average of $379941.2 and a median of $1.4 million in 2025 frame the typical range for Change in Accured Expenses.
- Annual changes were most pronounced in 2022 — Change in Accured Expenses jumped 351.33% — and 2023, when it tumbled 286.01%.
- Tracing MGY's Change in Accured Expenses over 5 years: stood at -$10.8 million in 2022, then jumped by 147.24% to $5.1 million in 2023, then plunged by 278.29% to -$9.1 million in 2024, then increased by 8.96% to -$8.3 million in 2025, then increased by 21.06% to -$6.6 million in 2026.
- The last three Change in Accured Expenses figures came in at -$6.6 million (Q1 2026), -$8.3 million (Q4 2025), and $5.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (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 | - | 37.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 53.00 Mn |
| 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 | 168.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | -1.20 Mn |
| 10 | Magnolia Oil & Gas | 5.21 Bn | 4.91 Bn | 461.61 Mn | 2.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.34 Mn |
| Jun 30, 2026 | 2.34 Mn |
| Mar 31, 2026 | -6.57 Mn |
| Mar 31, 2026 | -6.57 Mn |
| Dec 31, 2025 | -8.32 Mn |
| Dec 31, 2025 | -8.32 Mn |
| Sep 30, 2025 | 5.74 Mn |
| Sep 30, 2025 | 5.74 Mn |
| Jun 30, 2025 | 1.37 Mn |
| Jun 30, 2025 | 1.37 Mn |
| Mar 31, 2025 | 11.88 Mn |
| Mar 31, 2025 | 11.88 Mn |
| Dec 31, 2024 | -9.14 Mn |
| Dec 31, 2024 | -9.14 Mn |
| Sep 30, 2024 | 5.63 Mn |
| Sep 30, 2024 | 5.63 Mn |
| Jun 30, 2024 | 11.14 Mn |
| Jun 30, 2024 | 11.14 Mn |
| Mar 31, 2024 | -17.25 Mn |
| Mar 31, 2024 | -17.25 Mn |