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| Date | Value |
|---|---|
| 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 |