Magnolia Oil & Gas (MGY) Gross Margin (2017 - 2026)
Magnolia Oil & Gas (MGY) posted Gross Margin of 94.92% for Q1 2026, up 0.59% on a QoQ basis from 94.36% in Q4 2025, and down 81.0% year-over-year from 499.59% in Q1 2025.
Magnolia Oil & Gas (MGY) Gross Margin (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas' Gross Margin history runs 10 years deep, the most recent figure standing at 94.92% for 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 was 94.92% for Q1 2026 at Magnolia Oil & Gas, up from 94.36% in the prior quarter.
- Across five years, Gross Margin topped out at 97.49% in Q2 2024 and bottomed at 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 tumbled 266 bps.
- Magnolia Oil & Gas' Gross Margin stood at 96.21% in 2022, then climbed by 0 bps to 96.62% in 2023, then decreased by 0 bps to 96.28% in 2024, then decreased by 2 bps to 94.36% in 2025, then climbed by 1 bps to 94.92% in 2026.
- Business Quant data shows MGY's Gross Margin at 94.92% in Q1 2026, 94.36% in Q4 2025, and 94.54% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 60.14% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 99.43% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 89.26% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 93.19% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 78.73% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 80.17% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 95.79% |
| 10 | Magnolia Oil & Gas | 4.41 Bn | 4.29 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% |