Magnolia Oil & Gas (MGY) Current Assets (2017 - 2026)
Magnolia Oil & Gas' (MGY) quarterly Current Assets came in at $319.7 million in Q1 2026, down 21.45% YoY from $407.0 million in Q1 2025, and down 27.75% on a QoQ basis from $442.4 million in Q4 2025.
Magnolia Oil & Gas (MGY) Current Assets (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas (MGY) has 10 years of Current Assets data on file, last reported at $319.7 million in Q1 2026.
- Quarterly Current Assets fell 21.45% year-over-year to $319.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $319.7 million (down 21.45% YoY) and the FY2025 annual result came in at $442.4 million, up 7.69% from the prior year.
- Current Assets eased to $319.7 million in Q1 2026, from $442.4 million in the prior quarter.
- In the past five years, Current Assets ranged from a high of $899.0 million in Q3 2022 to a low of $319.7 million in Q1 2026.
- A 5-year average of $588.0 million and a median of $530.3 million in 2022 frame the typical range for Current Assets.
- Annual changes were most pronounced in 2022 — Current Assets surged 139.88% — and 2024, when it plunged 48.47%.
- Tracing MGY's Current Assets over 5 years: stood at $850.7 million in 2022, then plunged by 30.5% to $591.3 million in 2023, then tumbled by 30.52% to $410.8 million in 2024, then increased by 7.69% to $442.4 million in 2025, then retreated by 27.75% to $319.7 million in 2026.
- The last three Current Assets figures came in at $319.7 million (Q1 2026), $442.4 million (Q4 2025), and $469.5 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 19.20 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 9.88 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 2.65 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 8.62 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 5.05 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 11.13 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 1.18 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 428.44 Mn |
| 10 | Magnolia Oil & Gas | 5.21 Bn | 4.91 Bn | 461.61 Mn | 488.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 488.59 Mn |
| Mar 31, 2026 | 319.66 Mn |
| Dec 31, 2025 | 442.44 Mn |
| Sep 30, 2025 | 469.49 Mn |
| Jun 30, 2025 | 416.74 Mn |
| Mar 31, 2025 | 406.98 Mn |
| Dec 31, 2024 | 410.82 Mn |
| Sep 30, 2024 | 415.20 Mn |
| Jun 30, 2024 | 453.87 Mn |
| Mar 31, 2024 | 597.54 Mn |
| Dec 31, 2023 | 591.27 Mn |
| Sep 30, 2023 | 805.75 Mn |
| Jun 30, 2023 | 814.84 Mn |
| Mar 31, 2023 | 820.35 Mn |
| Dec 31, 2022 | 850.75 Mn |
| Sep 30, 2022 | 898.96 Mn |
| Jun 30, 2022 | 750.48 Mn |
| Mar 31, 2022 | 530.25 Mn |
| Dec 31, 2021 | 517.92 Mn |
| Sep 30, 2021 | 376.75 Mn |