Magnolia Oil & Gas (MGY) Gross Margin (2017 - 2026)
Magnolia Oil & Gas (MGY) reported Gross Margin of 94.92% for Q1 2026, down 81.0% on a YoY basis from 499.59% in Q1 2025, and up 0.59% quarter-over-quarter from 94.36% in Q4 2025.
Magnolia Oil & Gas (MGY) Gross Margin (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas has reported Gross Margin for 10 years, with the latest figure at 94.92% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 81.0% year-over-year to 94.92%; the trailing twelve-month figure through Mar 2026 stood at 94.67% (down 190.0% YoY), and the FY2025 full-year result was 94.89%, down 209.0% from the prior year.
- Gross Margin for Q1 2026 stood at 94.92%, up from 94.36% in the prior quarter.
- The five-year high for Gross Margin was 97.49% in Q2 2024, with the low at 94.36% in Q4 2025.
- Historically, Gross Margin has averaged 96.03% across 5 years, with a median of 96.21% in 2022.
- Annual changes were most pronounced in 2024 — Gross Margin soared 146 bps — and 2025, when it plunged 266 bps.
- Magnolia Oil & Gas' Gross Margin 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 | Woodside Energy | 669.86 Bn | 663.92 Bn | - | - |
| 2 | Canadian Natural Resources | 393.48 Bn | 393.48 Bn | 6.72 Bn | 85.25% |
| 3 | Conocophillips | 143.01 Bn | 136.64 Bn | 9.48 Bn | 60.14% |
| 4 | Eog Resources | 72.59 Bn | 68.74 Bn | - | - |
| 5 | Occidental Petroleum | 55.93 Bn | 52.75 Bn | 4.87 Bn | 93.19% |
| 6 | Diamondback Energy | 54.41 Bn | 60.57 Bn | 4.22 Bn | 99.43% |
| 7 | Vista Energy, S.A.B. de C.V | 35.45 Bn | 34.84 Bn | 472.36 Mn | 54.61% |
| 8 | Eqt | 32.44 Bn | 35.79 Bn | 2.98 Bn | 88.15% |
| 9 | Vermilion Energy | 31.35 Bn | 31.16 Bn | 370.10 Mn | 98.87% |
| 10 | Magnolia Oil & Gas | 5.05 Bn | 4.93 Bn | 340.30 Mn | 94.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 95.92% |