Magnolia Oil & Gas (MGY) EBIT (2017 - 2026)
Magnolia Oil & Gas' EBIT was $154.6 million in Q3 2026, up 52.4% from $101.46 million a year earlier but down 35.4% from the prior quarter.
Magnolia Oil & Gas (MGY) EBIT (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Magnolia Oil & Gas' EBIT was $615.95 million through Sep 30, 2026, up 31.3% year-over-year; for FY2025, it came in at $439.18 million, down 14.2% from FY2024.
- EBIT has now declined for three consecutive years.
- In earlier years, EBIT was $511.99 million in FY2024 (-4.2%), $534.49 million in FY2023 (-50.2%), $1.07 billion in FY2022 (+78.2%) and $602.59 million in FY2021.
- Quarterly EBIT has moved between $94.08 million (Q4 2025) and $328.26 million (Q2 2022) over five years.
- Compared with a year earlier, EBIT was higher in three of the last eight quarters, with growth averaging 12.8%.
- The best year-over-year quarter for EBIT over five years was Q4 2021 (growth of 373.5%); the worst was Q2 2023 (a decline of 63.0%).
- Per Business Quant data, MGY's EBIT in the three quarters before Q3 2026 was $239.5 million (Q2 2026), $127.76 million (Q1 2026) and $94.08 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 21.42 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 17.99 Bn |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 13.93 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 26.50 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 2.14 Bn |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 10.19 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 11.96 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 8.76 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 7.35 Bn |
| 10 | Magnolia Oil & Gas | 6.54 Bn | 5.83 Bn | 494.29 Mn | 154.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 154.60 Mn |
| Jun 30, 2026 | 239.50 Mn |
| Mar 31, 2026 | 127.76 Mn |
| Dec 31, 2025 | 94.08 Mn |
| Sep 30, 2025 | 101.46 Mn |
| Jun 30, 2025 | 107.81 Mn |
| Mar 31, 2025 | 135.82 Mn |
| Dec 31, 2024 | 124.07 Mn |
| Sep 30, 2024 | 129.01 Mn |
| Jun 30, 2024 | 134.35 Mn |
| Mar 31, 2024 | 124.56 Mn |
| Dec 31, 2023 | 138.09 Mn |
| Sep 30, 2023 | 148.13 Mn |
| Jun 30, 2023 | 121.33 Mn |
| Mar 31, 2023 | 126.93 Mn |
| Dec 31, 2022 | 197.91 Mn |
| Sep 30, 2022 | 311.75 Mn |
| Jun 30, 2022 | 328.26 Mn |
| Mar 31, 2022 | 235.87 Mn |
| Dec 31, 2021 | 202.01 Mn |
Magnolia Oil & Gas EBIT 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=ebit&ticker=MGY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "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=ebit&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();