Magnolia Oil & Gas (MGY) Gross Profit (2017 - 2026)
Magnolia Oil & Gas (MGY) recorded Gross Profit of $461.61 million in Q2 2026, up 52.6% from $302.49 million a year earlier and up 35.6% from the prior quarter.
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Analysis
Magnolia Oil & Gas (MGY) Gross Profit (2017 - 2026) Analysis & Trends
On a TTM basis, Magnolia Oil & Gas' Gross Profit came in at $1.41 billion as of Jun 30, 2026, up 10.5% year-over-year; for FY2025, it came in at $1.24 billion, down 2.5% from FY2024.
- Annual Gross Profit has a five-year compound annual growth rate of 19.7% (FY2020 to FY2025).
- Across earlier years, Gross Profit came in at $1.28 billion in FY2024 (+7.9%), $1.18 billion in FY2023 (-27.4%), $1.63 billion in FY2022 (+57.8%) and $1.03 billion in FY2021 (+104.2%).
- The Q2 2026 figure is the highest quarterly Gross Profit since Q3 2022.
- On a year-over-year basis, Gross Profit rose in five of the last eight quarters, with growth averaging 6.4%.
- Peak year-over-year performance for Gross Profit in the last five years was growth of 137.2% in Q3 2021, against a decline of 42.4% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $340.3 million (Q1 2026), $299.72 million (Q4 2025) and $307.19 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn |
| 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 |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn |
| 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 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 461.61 Mn |
| Mar 31, 2026 | 340.30 Mn |
| Dec 31, 2025 | 299.72 Mn |
| Sep 30, 2025 | 307.19 Mn |
| Jun 30, 2025 | 302.49 Mn |
| Mar 31, 2025 | 335.35 Mn |
| Dec 31, 2024 | 314.45 Mn |
| Sep 30, 2024 | 322.46 Mn |
| Jun 30, 2024 | 328.27 Mn |
| Mar 31, 2024 | 310.88 Mn |
| Dec 31, 2023 | 311.72 Mn |
| Sep 30, 2023 | 305.38 Mn |
| Jun 30, 2023 | 269.90 Mn |
| Mar 31, 2023 | 295.65 Mn |
| Dec 31, 2022 | 335.81 Mn |
| Sep 30, 2022 | 463.67 Mn |
| Jun 30, 2022 | 468.27 Mn |
| Mar 31, 2022 | 362.00 Mn |
| Dec 31, 2021 | 318.69 Mn |
| Sep 30, 2021 | 273.50 Mn |
API Access
Magnolia Oil & Gas Gross Profit 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-profit&ticker=MGY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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-profit&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();