Magnolia Oil & Gas (MGY) Deferred Taxes (2017 - 2026)
Magnolia Oil & Gas' (MGY) quarterly Deferred Taxes came in at $16.9 million in Q1 2026, up 36.85% YoY from $12.3 million in Q1 2025, and down 7.1% on a QoQ basis from $18.2 million in Q4 2025.
Magnolia Oil & Gas (MGY) Deferred Taxes (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas (MGY) has 9 years of Deferred Taxes data on file, last reported at $16.9 million in Q1 2026.
- Quarterly Deferred Taxes rose 36.85% year-over-year to $16.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $101.4 million (up 37.17% YoY) and the FY2025 annual result came in at $96.8 million, up 37.79% from the prior year.
- Deferred Taxes slipped to $16.9 million in Q1 2026, from $18.2 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $49.5 million in Q3 2025 to a low of -$65.7 million in Q4 2022.
- A 5-year average of $13.8 million and a median of $16.9 million in 2025 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2023 — Deferred Taxes soared 141.3% — and 2024, when it slumped 43.47%.
- Tracing MGY's Deferred Taxes over 5 years: stood at -$65.7 million in 2022, then soared by 141.3% to $27.1 million in 2023, then plunged by 32.53% to $18.3 million in 2024, then declined by 0.73% to $18.2 million in 2025, then fell by 7.1% to $16.9 million in 2026.
- The last three Deferred Taxes figures came in at $16.9 million (Q1 2026), $18.2 million (Q4 2025), and $49.5 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 47.00 Mn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 225.55 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 346.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 36.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 95.00 Mn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 707.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 81.22 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | -1.61 Mn |
| 10 | Magnolia Oil & Gas | 5.21 Bn | 4.91 Bn | 461.61 Mn | 48.20 Mn |
Historic Data
Download 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 |