Magnolia Oil & Gas (MGY) Gross Margin (2017 - 2026)
Magnolia Oil & Gas' (MGY) quarterly Gross Margin came in at 94.92% in Q1 2026, down 81.0% YoY from 499.59% in Q1 2025, and up 0.59% on a QoQ basis from 94.36% in Q4 2025.
Magnolia Oil & Gas (MGY) Gross Margin (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas (MGY) has 10 years of Gross Margin data on file, last reported at 94.92% in Q1 2026.
- Quarterly Gross Margin fell 81.0% year-over-year to 94.92% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 94.67% (down 190.0% YoY) and the FY2025 annual result came in at 94.89%, down 209.0% from the prior year.
- Gross Margin improved to 94.92% in Q1 2026, from 94.36% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 97.49% in Q2 2024 to a low of 94.36% in Q4 2025.
- A 5-year average of 96.03% and a median of 96.21% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin soared 146 bps — and 2025, when it plunged 266 bps.
- Tracing MGY's Gross Margin over 5 years: stood at 96.21% in 2022, then gained by 0 bps to 96.62% in 2023, then fell by 0 bps to 96.28% in 2024, then fell by 2 bps to 94.36% in 2025, then gained by 1 bps to 94.92% in 2026.
- The last three Gross Margin figures came in at 94.92% (Q1 2026), 94.36% (Q4 2025), and 94.54% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.79 Bn | 156.10 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 106.55 Bn | 104.65 Bn | 10.66 Bn | 85.63% |
| 3 | Eog Resources | 80.29 Bn | 75.38 Bn | - | - |
| 4 | Diamondback Energy | 59.20 Bn | 58.74 Bn | 5.55 Bn | 99.84% |
| 5 | Woodside Energy | 46.15 Bn | 40.21 Bn | 6.02 Bn | 91.41% |
| 6 | Devon Energy | 46.11 Bn | 45.11 Bn | 6.02 Bn | 81.22% |
| 7 | Occidental Petroleum | 39.38 Bn | 35.23 Bn | 7.73 Bn | 95.88% |
| 8 | Eqt | 33.87 Bn | 33.76 Bn | 1.42 Bn | 78.73% |
| 9 | Texas Pacific Land | 26.49 Bn | 26.24 Bn | - | - |
| 10 | Magnolia Oil & Gas | 5.19 Bn | 4.89 Bn | 461.61 Mn | 96.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 96.41% |
| Mar 31, 2026 | 94.92% |
| Dec 31, 2025 | 94.36% |
| Sep 30, 2025 | 94.54% |
| Jun 30, 2025 | 94.83% |
| Mar 31, 2025 | 95.73% |
| Dec 31, 2024 | 96.28% |
| Sep 30, 2024 | 96.80% |
| Jun 30, 2024 | 97.49% |
| Mar 31, 2024 | 97.33% |
| Dec 31, 2023 | 96.62% |
| Sep 30, 2023 | 96.74% |
| Jun 30, 2023 | 96.29% |
| Mar 31, 2023 | 95.87% |
| Dec 31, 2022 | 96.21% |
| Sep 30, 2022 | 96.00% |
| Jun 30, 2022 | 96.62% |
| Mar 31, 2022 | 95.81% |
| Dec 31, 2021 | 95.95% |
| Sep 30, 2021 | 95.95% |