Magnolia Oil & Gas (MGY) Debt Ratio (2018 - 2026)
Magnolia Oil & Gas' (MGY) Debt Ratio stood at 0.13 in Q2 2026, down 8.7% from 0.14 a year earlier and down 6.2% 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 Q2 2026 figure is the lowest quarterly Debt Ratio since Q4 2019.
- On a year-over-year basis, Debt Ratio has declined for 21 consecutive quarters, with an average decline of 3.6% over the last eight quarters.
- Across the past five years, year-over-year decline in Debt Ratio ran from 0.9% in Q2 2025 to 31.7% in Q4 2022.
- Per Business Quant, the preceding three quarters came in at 0.13 (Q1 2026), 0.14 (Q4 2025) and 0.13 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 0.17 |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 0.00 |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 0.11 |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 0.21 |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 0.19 |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 0.25 |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 0.10 |
| 10 | Magnolia Oil & Gas | 4.34 Bn | 3.37 Bn | 461.61 Mn | 0.13 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 0.24 |
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();