Magnolia Oil & Gas (MGY) Deferred Taxes (2017 - 2026)
Magnolia Oil & Gas (MGY) posted Deferred Taxes of $39.45 million for Q3 2026, down 20.3% from $49.5 million a year earlier and down 18.1% from the prior quarter.
Magnolia Oil & Gas (MGY) Deferred Taxes (2017 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Deferred Taxes at Magnolia Oil & Gas was $122.72 million, up 26.6% year-over-year; for FY2025, it came in at $96.83 million, up 37.8% from FY2024.
- In prior years, Magnolia Oil & Gas' Deferred Taxes was $70.27 million in FY2024 (-6.7%), $75.36 million in FY2023 and -$65.72 million in FY2022.
- Quarterly Deferred Taxes has run from a low of -$65.72 million in Q4 2022 to a high of $49.5 million in Q3 2025 over five years.
- On a year-over-year basis, Deferred Taxes increased in five of the last eight quarters, with growth averaging 37.3%.
- The strongest year-over-year quarter for Deferred Taxes in the past five years was Q2 2026, with growth of 186.7%; the weakest was Q1 2024, with a decline of 43.5%.
- According to Business Quant data, Deferred Taxes for the three prior quarters was $48.2 million (Q2 2026), $16.89 million (Q1 2026) and $18.18 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | - |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 136.00 Mn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 107.00 Mn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | - |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | -79.29 Mn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 242.00 Mn |
| 10 | Magnolia Oil & Gas | 6.54 Bn | 5.83 Bn | 494.29 Mn | 39.45 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 39.45 Mn |
| Jun 30, 2026 | 48.20 Mn |
| Mar 31, 2026 | 16.89 Mn |
| Dec 31, 2025 | 18.18 Mn |
| Sep 30, 2025 | 49.50 Mn |
| Jun 30, 2025 | 16.81 Mn |
| Mar 31, 2025 | 12.34 Mn |
| Dec 31, 2024 | 18.31 Mn |
| Sep 30, 2024 | 27.01 Mn |
| Jun 30, 2024 | 16.24 Mn |
| Mar 31, 2024 | 8.71 Mn |
| Dec 31, 2023 | 27.14 Mn |
| Sep 30, 2023 | 11.95 Mn |
| Jun 30, 2023 | 20.86 Mn |
| Mar 31, 2023 | 15.40 Mn |
| Dec 31, 2022 | -65.72 Mn |
| Jun 30, 2020 | -3.18 Mn |
| Mar 31, 2020 | -74.65 Mn |
| Dec 31, 2019 | 2.50 Mn |
| Sep 30, 2019 | 3.41 Mn |
Magnolia Oil & Gas Deferred Taxes 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=deferred-taxes&ticker=MGY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();