Magnolia Oil & Gas (MGY) Construction in Progress (2018 - 2026)

Magnolia Oil & Gas (MGY) reported Construction in Progress of $21.3 million for Q1 2026, down 25.9% on a YoY basis from $28.7 million in Q1 2025, and up 3.15% quarter-over-quarter from $20.6 million in Q4 2025.

Magnolia Oil & Gas (MGY) Construction in Progress (2018 - 2026) Analysis & Trends

Magnolia Oil & Gas has reported Construction in Progress for 9 years, with the latest figure at $21.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Construction in Progress fell 25.9% year-over-year to $21.3 million; the trailing twelve-month figure through Mar 2026 stood at $21.3 million (down 25.9% YoY), and the FY2025 full-year result was $20.6 million, up 10.16% from the prior year.
  • Construction in Progress for Q1 2026 stood at $21.3 million, up from $20.6 million in the prior quarter.
  • The five-year high for Construction in Progress was $28.7 million in Q1 2025, with the low at $7.2 million in Q1 2022.
  • Historically, Construction in Progress has averaged $14.6 million across 5 years, with a median of $10.3 million in 2024.
  • Annual changes were most pronounced in 2025 — Construction in Progress soared 178.04% — and 2026, when it retreated 25.9%.
  • Magnolia Oil & Gas' Construction in Progress stood at $9.0 million in 2022, then gained by 8.71% to $9.8 million in 2023, then soared by 91.49% to $18.7 million in 2024, then gained by 10.16% to $20.6 million in 2025, then gained by 3.15% to $21.3 million in 2026.
  • The last three Construction in Progress figures came in at $21.3 million (Q1 2026), $20.6 million (Q4 2025), and $20.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Woodside Energy 669.86 Bn 663.92 Bn - -
2 Canadian Natural Resources 393.48 Bn 393.48 Bn 6.72 Bn -
3 Conocophillips 143.01 Bn 136.64 Bn 9.48 Bn -
4 Eog Resources 72.59 Bn 68.74 Bn - -
5 Occidental Petroleum 55.93 Bn 52.75 Bn 4.87 Bn -
6 Diamondback Energy 54.41 Bn 60.57 Bn 4.22 Bn -
7 Vista Energy, S.A.B. de C.V 35.45 Bn 34.84 Bn 472.36 Mn -
8 Eqt 32.44 Bn 35.79 Bn 2.98 Bn -
9 Vermilion Energy 31.35 Bn 31.16 Bn 370.10 Mn -
10 Magnolia Oil & Gas 5.05 Bn 4.93 Bn 340.30 Mn 21.27 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 21.27 Mn
Dec 31, 2025 20.62 Mn
Sep 30, 2025 20.49 Mn
Jun 30, 2025 20.48 Mn
Mar 31, 2025 28.70 Mn
Dec 31, 2024 18.72 Mn
Sep 30, 2024 18.65 Mn
Jun 30, 2024 18.60 Mn
Mar 31, 2024 10.32 Mn
Dec 31, 2023 9.77 Mn
Sep 30, 2023 9.62 Mn
Jun 30, 2023 9.35 Mn
Mar 31, 2023 9.31 Mn
Dec 31, 2022 8.99 Mn
Sep 30, 2022 8.55 Mn
Jun 30, 2022 8.34 Mn
Mar 31, 2022 7.17 Mn
Dec 31, 2021 7.04 Mn
Sep 30, 2021 6.80 Mn
Jun 30, 2021 5.12 Mn