Magnolia Oil & Gas (MGY) Cost of Revenue (2017 - 2026)

Magnolia Oil & Gas (MGY) posted Cost of Revenue of $18.2 million for Q1 2026, up 1.66% on a QoQ basis from $17.9 million in Q4 2025, and up 21.76% year-over-year from $15.0 million in Q1 2025.

Magnolia Oil & Gas (MGY) Cost of Revenue (2017 - 2026) Analysis & Trends

Magnolia Oil & Gas' Cost of Revenue history runs 10 years deep, the most recent figure standing at $18.2 million for Q1 2026.

  • Quarterly Cost of Revenue rose 21.76% year-over-year to $18.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $70.4 million (up 52.11% YoY) and the FY2025 annual result came in at $67.1 million, up 68.45% from the prior year.
  • Cost of Revenue was $18.2 million for Q1 2026 at Magnolia Oil & Gas, up from $17.9 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $19.3 million in Q3 2022 and bottomed at $8.5 million in Q2 2024.
  • A 5-year average of $13.8 million and a median of $13.2 million in 2022 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2023 — Cost of Revenue tumbled 46.64% — and 2025, when it surged 95.02%.
  • Magnolia Oil & Gas' Cost of Revenue stood at $13.2 million in 2022, then declined by 17.59% to $10.9 million in 2023, then rose by 11.51% to $12.2 million in 2024, then soared by 47.24% to $17.9 million in 2025, then grew by 1.66% to $18.2 million in 2026.
  • Business Quant data shows MGY's Cost of Revenue at $18.2 million in Q1 2026, $17.9 million in Q4 2025, and $17.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 6.28 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - -
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 24.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 326.00 Mn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 356.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 385.02 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 894.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 185.00 Mn
10 Magnolia Oil & Gas 4.41 Bn 4.29 Bn 340.30 Mn 18.21 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 18.21 Mn
Mar 31, 2026 18.21 Mn
Dec 31, 2025 17.91 Mn
Dec 31, 2025 17.91 Mn
Sep 30, 2025 17.74 Mn
Sep 30, 2025 17.74 Mn
Jun 30, 2025 16.49 Mn
Jun 30, 2025 16.49 Mn
Mar 31, 2025 14.95 Mn
Mar 31, 2025 14.95 Mn
Dec 31, 2024 12.16 Mn
Dec 31, 2024 12.16 Mn
Sep 30, 2024 10.68 Mn
Sep 30, 2024 10.68 Mn
Jun 30, 2024 8.46 Mn
Jun 30, 2024 8.46 Mn
Mar 31, 2024 8.54 Mn
Mar 31, 2024 8.54 Mn
Dec 31, 2023 10.91 Mn
Dec 31, 2023 10.91 Mn