Magnolia Oil & Gas (MGY) Gross Margin (2017 - 2026)
Magnolia Oil & Gas' Gross Margin was 96.41% in Q2 2026, up 1.58 percentage points from 94.83% a year earlier and up 1.49 percentage points from the prior quarter.
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Analysis
Magnolia Oil & Gas (MGY) Gross Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Magnolia Oil & Gas' Gross Margin was 95.20% through Jun 30, 2026, down 0.72 percentage points year-over-year; for FY2025, it came in at 94.89%, down 2.09 percentage points from FY2024.
- Gross Margin shows a five-year change of +1.43 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 96.97% in FY2024 (+0.59 pp), 96.39% in FY2023 (+0.21 pp), 96.18% in FY2022 (+0.40 pp) and 95.78% in FY2021 (+2.32 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin since Q3 2024.
- Compared with a year earlier, Gross Margin was higher in two of the last eight quarters, with an average year-over-year change of -0.99 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q4 2021 (a gain of 5.47 percentage points); the worst was Q2 2025 (a drop of 2.66 percentage points).
- Per Business Quant data, MGY's Gross Margin in the three quarters before Q2 2026 was 94.92% (Q1 2026), 94.36% (Q4 2025) and 94.54% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 31.83% |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 47.75% |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 65.62% |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 16.10% |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | - |
| 10 | Magnolia Oil & Gas | 4.34 Bn | 3.37 Bn | 461.61 Mn | 96.41% |
Historic Data
Download Data
Historic 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% |
API Access
Magnolia Oil & Gas Gross Margin 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=gross-margin&ticker=MGY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();