Magnolia Oil & Gas (MGY) Deferred Taxes (2017 - 2026)
Magnolia Oil & Gas (MGY) posted Deferred Taxes of $16.9 million for Q1 2026, down 7.1% on a QoQ basis from $18.2 million in Q4 2025, and up 36.85% year-over-year from $12.3 million in Q1 2025.
Magnolia Oil & Gas (MGY) Deferred Taxes (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas' Deferred Taxes history runs 9 years deep, the most recent figure standing at $16.9 million for 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 was $16.9 million for Q1 2026 at Magnolia Oil & Gas, down from $18.2 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $49.5 million in Q3 2025 and bottomed at -$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 sank 43.47%.
- Magnolia Oil & Gas' Deferred Taxes stood at -$65.7 million in 2022, then surged by 141.3% to $27.1 million in 2023, then slumped by 32.53% to $18.3 million in 2024, then retreated by 0.73% to $18.2 million in 2025, then decreased by 7.1% to $16.9 million in 2026.
- Business Quant data shows MGY's Deferred Taxes at $16.9 million in Q1 2026, $18.2 million in Q4 2025, and $49.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 102.00 Mn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 18.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | -242.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 50.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 81.22 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | -3.58 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 234.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 319.00 Mn |
| 10 | Magnolia Oil & Gas | 4.41 Bn | 4.29 Bn | 340.30 Mn | 16.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2019 | 3.42 Mn |