Magnolia Oil & Gas (MGY) Gross Profit (2017 - 2026)
Magnolia Oil & Gas' (MGY) quarterly Gross Profit came in at $340.3 million in Q1 2026, up 1.48% YoY from $335.3 million in Q1 2025, and up 13.54% on a QoQ basis from $299.7 million in Q4 2025.
Magnolia Oil & Gas (MGY) Gross Profit (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas (MGY) has 10 years of Gross Profit data on file, last reported at $340.3 million in 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 improved to $340.3 million in Q1 2026, from $299.7 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $468.3 million in Q2 2022 to a low of $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 sank 42.36%.
- Tracing MGY's Gross Profit over 5 years: 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 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Magnolia Oil & Gas | 5.21 Bn | 4.91 Bn | 461.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 461.61 Mn |
| Jun 30, 2026 | 461.61 Mn |
| 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 |