Magnolia Oil & Gas (MGY) Deferred Taxes (2017 - 2026)
Magnolia Oil & Gas (MGY) posted Deferred Taxes of $48.2 million for Q2 2026, up 186.7% from $16.81 million a year earlier and up 185.4% from the prior quarter.
Magnolia Oil & Gas (MGY) Deferred Taxes (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Deferred Taxes at Magnolia Oil & Gas was $132.76 million, up 78.3% 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 six of the last eight quarters, with growth averaging 55.6%.
- 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 $16.89 million (Q1 2026), $18.18 million (Q4 2025) and $49.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | - |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 298.00 Mn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 47.00 Mn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 66.00 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 225.55 Mn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | -71.00 Mn |
| 10 | Magnolia Oil & Gas | 4.34 Bn | 3.37 Bn | 461.61 Mn | 48.20 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Jun 30, 2019 | 4.94 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();