Magnolia Oil & Gas (MGY) Gross Profit (2017 - 2026)
Magnolia Oil & Gas (MGY) reported Gross Profit of $340.3 million for Q1 2026, up 1.48% on a YoY basis from $335.3 million in Q1 2025, and up 13.54% quarter-over-quarter from $299.7 million in Q4 2025.
Magnolia Oil & Gas (MGY) Gross Profit (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas has reported Gross Profit for 10 years, with the latest figure at $340.3 million in Q1 2026.
- For the quarter ending Q1 2026, Gross Profit rose 1.48% year-over-year to $340.3 million; the trailing twelve-month figure through Mar 2026 stood at $1.2 billion (down 3.91% YoY), and the FY2025 full-year result was $1.2 billion, down 2.45% from the prior year.
- Gross Profit for Q1 2026 stood at $340.3 million, up from $299.7 million in the prior quarter.
- The five-year high for Gross Profit was $468.3 million in Q2 2022, with the low at $269.9 million in Q2 2023.
- Historically, Gross Profit has averaged $333.7 million across 5 years, with a median of $314.4 million in 2024.
- Annual changes were most pronounced in 2022 — Gross Profit soared 93.69% — and 2023, when it sank 42.36%.
- Magnolia Oil & Gas' Gross Profit stood at $335.8 million in 2022, then declined by 7.17% to $311.7 million in 2023, then gained by 0.87% to $314.4 million in 2024, then retreated by 4.68% to $299.7 million in 2025, then climbed by 13.54% to $340.3 million in 2026.
- The last three Gross Profit figures came in at $340.3 million (Q1 2026), $299.7 million (Q4 2025), and $307.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Woodside Energy | 669.86 Bn | 663.92 Bn | - |
| 2 | Canadian Natural Resources | 393.48 Bn | 393.48 Bn | 6.72 Bn |
| 3 | Conocophillips | 143.01 Bn | 136.64 Bn | 9.48 Bn |
| 4 | Eog Resources | 72.59 Bn | 68.74 Bn | - |
| 5 | Occidental Petroleum | 55.93 Bn | 52.75 Bn | 4.87 Bn |
| 6 | Diamondback Energy | 54.41 Bn | 60.57 Bn | 4.22 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.45 Bn | 34.84 Bn | 472.36 Mn |
| 8 | Eqt | 32.44 Bn | 35.79 Bn | 2.98 Bn |
| 9 | Vermilion Energy | 31.35 Bn | 31.16 Bn | 370.10 Mn |
| 10 | Magnolia Oil & Gas | 5.05 Bn | 4.93 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 |