Magnolia Oil & Gas (MGY) Debt Ratio (2018 - 2026)
Magnolia Oil & Gas (MGY) posted Debt Ratio of 0.13 for Q1 2026, down 1.36% on a QoQ basis from 0.14 in Q4 2025, and down 2.39% year-over-year from 0.14 in Q1 2025.
Magnolia Oil & Gas (MGY) Debt Ratio (2018 - 2026) Analysis & Trends
Magnolia Oil & Gas' Debt Ratio history runs 9 years deep, the most recent figure standing at 0.13 for Q1 2026.
- Quarterly Debt Ratio fell 2.39% year-over-year to 0.13 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.13 (down 2.39% YoY) and the FY2025 annual result came in at 0.14, down 2.65% from the prior year.
- Debt Ratio was 0.13 for Q1 2026 at Magnolia Oil & Gas, down from 0.14 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.22 in Q1 2022 and bottomed at 0.13 in Q1 2026.
- A 5-year average of 0.15 and a median of 0.14 in 2024 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2022 — Debt Ratio tumbled 31.7% — and 2025, when it dropped 0.94%.
- Magnolia Oil & Gas' Debt Ratio stood at 0.15 in 2022, then declined by 6.08% to 0.14 in 2023, then fell by 2.37% to 0.14 in 2024, then slipped by 2.65% to 0.14 in 2025, then decreased by 1.36% to 0.13 in 2026.
- Business Quant data shows MGY's Debt Ratio at 0.13 in Q1 2026, 0.14 in Q4 2025, and 0.13 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 0.19 |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 0.15 |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 0.20 |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 0.19 |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 0.14 |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 0.26 |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 0.20 |
| 10 | Magnolia Oil & Gas | 4.41 Bn | 4.29 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 |