Magnolia Oil & Gas (MGY) EBIT (2017 - 2026)
Magnolia Oil & Gas' EBIT was $239.5 million in Q2 2026, up 122.1% from $107.81 million a year earlier and up 87.5% from the prior quarter.
Magnolia Oil & Gas (MGY) EBIT (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Magnolia Oil & Gas' EBIT was $562.81 million through Jun 30, 2026, up 13.3% 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.
- The Q2 2026 figure marks the highest quarterly EBIT since Q3 2022.
- Compared with a year earlier, EBIT was higher in two of the last eight quarters, with growth averaging 4.6%.
- The best year-over-year quarter for EBIT over five years was Q3 2021 (growth of 681.6%); the worst was Q2 2023 (a decline of 63.0%).
- Per Business Quant data, MGY's EBIT in the three quarters before Q2 2026 was $127.76 million (Q1 2026), $94.08 million (Q4 2025) and $101.46 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 26.95 Bn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | -19.92 Bn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 1.37 Bn |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 10.38 Bn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 12.99 Bn |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | -38.69 Bn |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 4.43 Bn |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 5.33 Bn |
| 10 | Magnolia Oil & Gas | 4.37 Bn | 3.41 Bn | 461.61 Mn | 239.50 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 171.49 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();