Magnolia Oil & Gas (MGY) Cost of Revenue (2017 - 2026)
Magnolia Oil & Gas (MGY) recorded Cost of Revenue of $17.2 million in Q2 2026, up 4.3% from $16.49 million a year earlier but down 5.5% from the prior quarter.
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Analysis
Magnolia Oil & Gas (MGY) Cost of Revenue (2017 - 2026) Analysis & Trends
On a TTM basis, Magnolia Oil & Gas' Cost of Revenue came in at $71.06 million as of Jun 30, 2026, up 30.9% year-over-year; for FY2025, it came in at $67.1 million, up 68.4% from FY2024.
- Annual Cost of Revenue has a five-year compound annual growth rate of 13.6% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $39.83 million in FY2024 (-10.1%), $44.33 million in FY2023 (-31.5%), $64.75 million in FY2022 (+42.2%) and $45.54 million in FY2021 (+28.5%).
- Quarterly Cost of Revenue has ranged from $8.46 million in Q2 2024 to $19.3 million in Q3 2022 over the past five years.
- On a year-over-year basis, Cost of Revenue has increased for eight consecutive quarters, with growth averaging 40.6% over the last eight quarters.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 100.0% in Q3 2021, against a decline of 46.6% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $18.21 million (Q1 2026), $17.91 million (Q4 2025) and $17.74 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | - |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | 64.53 Bn |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | 36.61 Bn |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | - |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | - |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | 6.71 Bn |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | - |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | 43.66 Bn |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | - |
| 10 | Magnolia Oil & Gas | 4.44 Bn | 3.48 Bn | 461.61 Mn | 17.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.20 Mn |
| Mar 31, 2026 | 18.21 Mn |
| Dec 31, 2025 | 17.91 Mn |
| Sep 30, 2025 | 17.74 Mn |
| Jun 30, 2025 | 16.49 Mn |
| Mar 31, 2025 | 14.95 Mn |
| Dec 31, 2024 | 12.16 Mn |
| Sep 30, 2024 | 10.68 Mn |
| Jun 30, 2024 | 8.46 Mn |
| Mar 31, 2024 | 8.54 Mn |
| Dec 31, 2023 | 10.91 Mn |
| Sep 30, 2023 | 10.30 Mn |
| Jun 30, 2023 | 10.39 Mn |
| Mar 31, 2023 | 12.73 Mn |
| Dec 31, 2022 | 13.24 Mn |
| Sep 30, 2022 | 19.30 Mn |
| Jun 30, 2022 | 16.38 Mn |
| Mar 31, 2022 | 15.84 Mn |
| Dec 31, 2021 | 13.47 Mn |
| Sep 30, 2021 | 11.54 Mn |
API Access
Magnolia Oil & Gas Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MGY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MGY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();