Magnolia Oil & Gas (MGY) Goodwill & Intangibles (2018 - 2021)

Magnolia Oil & Gas (MGY) posted Goodwill & Intangibles of $7.2 million for Q1 2021, down 22.61% on a QoQ basis from $9.3 million in Q4 2020, and down 64.24% year-over-year from $20.2 million in Q1 2020.

Magnolia Oil & Gas (MGY) Goodwill & Intangibles (2018 - 2021) Analysis & Trends

Magnolia Oil & Gas' Goodwill & Intangibles history runs 4 years deep, the most recent figure standing at $7.2 million for Q1 2021.

  • Quarterly Goodwill & Intangibles fell 64.24% year-over-year to $7.2 million in Q1 2021, while the trailing twelve-month figure through Mar 2021 was $7.2 million (down 64.24% YoY) and the FY2020 annual result came in at $9.3 million, down 60.82% from the prior year.
  • Goodwill & Intangibles was $7.2 million for Q1 2021 at Magnolia Oil & Gas, down from $9.3 million in the prior quarter.
  • Across five years, Goodwill & Intangibles topped out at $44.4 million in Q4 2018 and bottomed at $7.2 million in Q1 2021.
  • A 4-year average of $24.5 million and a median of $23.9 million in 2019 frame the typical range for Goodwill & Intangibles.
  • Annual changes were most pronounced in 2019 — Goodwill & Intangibles sank 34.55% — and 2021, when it slumped 64.24%.
  • Magnolia Oil & Gas' Goodwill & Intangibles stood at $44.4 million in 2018, then sank by 46.28% to $23.9 million in 2019, then plunged by 60.82% to $9.3 million in 2020, then declined by 22.61% to $7.2 million in 2021.
  • Business Quant data shows MGY's Goodwill & Intangibles at $7.2 million in Q1 2021, $9.3 million in Q4 2020, and $13.0 million in Q3 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn
2 Eog Resources 74.61 Bn 70.76 Bn -
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn
7 Texas Pacific Land 27.36 Bn 27.11 Bn -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn
10 Magnolia Oil & Gas 4.41 Bn 4.29 Bn 340.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2021 7.23 Mn
Dec 31, 2020 9.35 Mn
Sep 30, 2020 12.97 Mn
Jun 30, 2020 16.60 Mn
Mar 31, 2020 20.23 Mn
Dec 31, 2019 23.85 Mn
Sep 30, 2019 27.48 Mn
Jun 30, 2019 31.10 Mn
Mar 31, 2019 34.73 Mn
Dec 31, 2018 44.40 Mn
Sep 30, 2018 41.98 Mn