Magnolia Oil & Gas (MGY) Gross Profit (2017 - 2026)
Magnolia Oil & Gas (MGY) posted Gross Profit of $340.3 million for Q1 2026, up 13.54% on a QoQ basis from $299.7 million in Q4 2025, and up 1.48% year-over-year from $335.3 million in Q1 2025.
Magnolia Oil & Gas (MGY) Gross Profit (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas' Gross Profit history runs 10 years deep, the most recent figure standing at $340.3 million for Q1 2026.
- Quarterly Gross Profit rose 1.48% year-over-year to $340.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.2 billion (down 3.91% YoY) and the FY2025 annual result came in at $1.2 billion, down 2.45% from the prior year.
- Gross Profit was $340.3 million for Q1 2026 at Magnolia Oil & Gas, up from $299.7 million in the prior quarter.
- Across five years, Gross Profit topped out at $468.3 million in Q2 2022 and bottomed at $269.9 million in Q2 2023.
- A 5-year average of $333.7 million and a median of $314.4 million in 2024 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2022 — Gross Profit soared 93.69% — and 2023, when it plunged 42.36%.
- Magnolia Oil & Gas' Gross Profit stood at $335.8 million in 2022, then retreated by 7.17% to $311.7 million in 2023, then climbed by 0.87% to $314.4 million in 2024, then slipped by 4.68% to $299.7 million in 2025, then increased by 13.54% to $340.3 million in 2026.
- Business Quant data shows MGY's Gross Profit at $340.3 million in Q1 2026, $299.7 million in Q4 2025, and $307.2 million in Q3 2025.
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| Date | Value |
|---|---|
| Mar 31, 2026 | 340.30 Mn |
| Mar 31, 2026 | 340.30 Mn |
| Dec 31, 2025 | 299.72 Mn |
| Dec 31, 2025 | 299.72 Mn |
| Sep 30, 2025 | 307.19 Mn |
| Sep 30, 2025 | 307.19 Mn |
| Jun 30, 2025 | 302.49 Mn |
| Jun 30, 2025 | 302.49 Mn |
| Mar 31, 2025 | 335.35 Mn |
| Mar 31, 2025 | 335.35 Mn |
| Dec 31, 2024 | 314.45 Mn |
| Dec 31, 2024 | 314.45 Mn |
| Sep 30, 2024 | 322.46 Mn |
| Sep 30, 2024 | 322.46 Mn |
| Jun 30, 2024 | 328.27 Mn |
| Jun 30, 2024 | 328.27 Mn |
| Mar 31, 2024 | 310.88 Mn |
| Mar 31, 2024 | 310.88 Mn |
| Dec 31, 2023 | 311.72 Mn |
| Dec 31, 2023 | 311.72 Mn |