Magnolia Oil & Gas (MGY) Debt Ratio (2017 - 2026)
Magnolia Oil & Gas (MGY) reported Debt Ratio of 0.13 for Q1 2026, down 2.39% on a YoY basis from 0.14 in Q1 2025, and down 1.36% quarter-over-quarter from 0.14 in Q4 2025.
Magnolia Oil & Gas (MGY) Debt Ratio (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas has reported Debt Ratio for 10 years, with the latest figure at 0.13 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 2.39% year-over-year to 0.13; the trailing twelve-month figure through Mar 2026 stood at 0.13 (down 2.39% YoY), and the FY2025 full-year result was 0.14, down 2.65% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.13, down from 0.14 in the prior quarter.
- The five-year high for Debt Ratio was 0.22 in Q1 2022, with the low at 0.13 in Q1 2026.
- Historically, Debt Ratio has averaged 0.15 across 5 years, with a median of 0.14 in 2024.
- Annual changes were most pronounced in 2022 — Debt Ratio plunged 31.7% — and 2025, when it retreated 0.94%.
- Magnolia Oil & Gas' Debt Ratio stood at 0.15 in 2022, then slipped by 6.08% to 0.14 in 2023, then dropped by 2.37% to 0.14 in 2024, then retreated by 2.65% to 0.14 in 2025, then fell by 1.36% to 0.13 in 2026.
- The last three Debt Ratio figures came in at 0.13 (Q1 2026), 0.14 (Q4 2025), and 0.13 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 669.86 Bn | 663.92 Bn | - | 0.17 |
| 2 | Canadian Natural Resources | 393.48 Bn | 393.48 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 143.01 Bn | 136.64 Bn | 9.48 Bn | 0.19 |
| 4 | Eog Resources | 72.59 Bn | 68.74 Bn | - | 0.15 |
| 5 | Occidental Petroleum | 55.93 Bn | 52.75 Bn | 4.87 Bn | 0.19 |
| 6 | Diamondback Energy | 54.41 Bn | 60.57 Bn | 4.22 Bn | 0.20 |
| 7 | Vista Energy, S.A.B. de C.V | 35.45 Bn | 34.84 Bn | 472.36 Mn | 0.34 |
| 8 | Eqt | 32.44 Bn | 35.79 Bn | 2.98 Bn | 0.02 |
| 9 | Vermilion Energy | 31.35 Bn | 31.16 Bn | 370.10 Mn | 44.08 |
| 10 | Magnolia Oil & Gas | 5.05 Bn | 4.93 Bn | 340.30 Mn | 0.13 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 0.24 |
| Jun 30, 2021 | 0.26 |