Magnolia Oil & Gas (MGY) Dividend Coverage Ratio (2021 - 2026)
Magnolia Oil & Gas' (MGY) Dividend Coverage Ratio came in at 1.87 for Q3 2026, down 30.4% from 2.69 a year earlier and down 68.3% 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 Sep 30, 2026, Dividend Coverage Ratio at Magnolia Oil & Gas was 3.25, up 4.9% year-over-year; for FY2025, it came in at 2.86, down 23.7% 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 Q3 2026 figure stands as the lowest quarterly Dividend Coverage Ratio in data going back to Q3 2021.
- On a year-over-year basis, Dividend Coverage Ratio increased in two of the last eight quarters, with an average decline of 5.3%.
- 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 5.91 (Q2 2026), 3.28 (Q1 2026) and 2.42 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 3.61 |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 2.85 |
| 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 | 3.97 |
| 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 | 2.32 |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 11.14 |
| 10 | Magnolia Oil & Gas | 6.54 Bn | 5.83 Bn | 494.29 Mn | 1.87 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.87 |
| Jun 30, 2026 | 5.91 |
| Mar 31, 2026 | 3.28 |
| Dec 31, 2025 | 2.42 |
| 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 |
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();