Magnolia Oil & Gas (MGY) Debt Ratio (2018 - 2026)
Magnolia Oil & Gas' (MGY) Debt Ratio stood at 0.26 in Q3 2026, up 95.4% from 0.13 a year earlier and up 109.6% from the prior quarter.
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Analysis
Magnolia Oil & Gas (MGY) Debt Ratio (2018 - 2026) Analysis & Trends
For FY2025, Magnolia Oil & Gas' Debt Ratio came in at 0.14, down 2.7% from FY2024.
- Annual Debt Ratio has declined for five straight years.
- Across earlier years, Debt Ratio came in at 0.14 in FY2024 (-2.4%), 0.14 in FY2023 (-6.1%), 0.15 in FY2022 (-31.7%) and 0.22 in FY2021 (-17.4%).
- The Q3 2026 figure is the highest quarterly Debt Ratio since Q1 2021.
- On a year-over-year basis, Debt Ratio rose in 1 of the last eight quarters, with growth averaging 9.0%.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 95.4% in Q3 2026, against a decline of 31.7% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.13 (Q2 2026), 0.13 (Q1 2026) and 0.14 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 0.07 |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 0.16 |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 0.10 |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 0.22 |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 0.18 |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 16.74 |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 0.22 |
| 10 | Magnolia Oil & Gas | 6.54 Bn | 5.83 Bn | 494.29 Mn | 0.26 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.26 |
| Jun 30, 2026 | 0.13 |
| Mar 31, 2026 | 0.13 |
| Dec 31, 2025 | 0.14 |
| Sep 30, 2025 | 0.13 |
| Jun 30, 2025 | 0.14 |
| Mar 31, 2025 | 0.14 |
| Dec 31, 2024 | 0.14 |
| Sep 30, 2024 | 0.14 |
| Jun 30, 2024 | 0.14 |
| Mar 31, 2024 | 0.14 |
| Dec 31, 2023 | 0.14 |
| Sep 30, 2023 | 0.15 |
| Jun 30, 2023 | 0.15 |
| Mar 31, 2023 | 0.15 |
| Dec 31, 2022 | 0.15 |
| Sep 30, 2022 | 0.17 |
| Jun 30, 2022 | 0.19 |
| Mar 31, 2022 | 0.22 |
| Dec 31, 2021 | 0.22 |
API Access
Magnolia Oil & Gas Debt Ratio 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=debt-ratio&ticker=MGY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();