Magnolia Oil & Gas (MGY) Dividend Coverage Ratio (2021 - 2026)
Magnolia Oil & Gas' (MGY) Dividend Coverage Ratio came in at 5.91 for Q2 2026, up 114.4% from 2.76 a year earlier and up 80.3% from the prior quarter.
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Analysis
Magnolia Oil & Gas (MGY) Dividend Coverage Ratio (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Dividend Coverage Ratio at Magnolia Oil & Gas was 3.64, up 6.3% year-over-year; for FY2025, it came in at 2.88, down 23.3% from FY2024.
- Annual Dividend Coverage Ratio has declined for four consecutive years.
- In prior years, Magnolia Oil & Gas' Dividend Coverage Ratio was 3.75 in FY2024 (-15.0%), 4.41 in FY2023 (-62.9%), 11.89 in FY2022 (-59.7%) and 29.53 in FY2021.
- The Q2 2026 figure stands as the highest quarterly Dividend Coverage Ratio since Q4 2022.
- On a year-over-year basis, Dividend Coverage Ratio increased in two of the last eight quarters, with an average decline of 3.0%.
- The strongest year-over-year quarter for Dividend Coverage Ratio in the past five years was Q2 2026, with growth of 114.4%; the weakest was Q2 2023, with a decline of 100.0%.
- According to Business Quant data, Dividend Coverage Ratio for the three prior quarters was 3.28 (Q1 2026), 2.48 (Q4 2025) and 2.69 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 5.00 |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | 3.45 |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | 2.60 |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | - |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 3.84 |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | - |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | 7.57 |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | - |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 5.29 |
| 10 | Magnolia Oil & Gas | 4.36 Bn | 3.39 Bn | 461.61 Mn | 5.91 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.91 |
| Mar 31, 2026 | 3.28 |
| Dec 31, 2025 | 2.48 |
| Sep 30, 2025 | 2.69 |
| Jun 30, 2025 | 2.76 |
| Mar 31, 2025 | 3.56 |
| Dec 31, 2024 | 3.41 |
| Sep 30, 2024 | 4.04 |
| Jun 30, 2024 | 4.01 |
| Mar 31, 2024 | 3.54 |
| Dec 31, 2023 | 4.56 |
| Sep 30, 2023 | 4.68 |
| Jun 30, 2023 | 4.14 |
| Mar 31, 2023 | 4.27 |
| Dec 31, 2022 | 12.21 |
| Sep 30, 2022 | 12.89 |
| Jun 30, 2022 | 125,291.50 |
| Mar 31, 2022 | 4.47 |
| Dec 31, 2021 | 5,365.32 |
| Sep 30, 2021 | 8.46 |
API Access
Magnolia Oil & Gas Dividend Coverage 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=dividend-coverage-ratio&ticker=MGY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();