Magnolia Oil & Gas (MGY) Net Income Attributable to Noncontrolling Interests (2018 - 2026)
Magnolia Oil & Gas' Net Income Attributable to Noncontrolling Interests was $1.01 million in Q1 2026, down 72.8% from $3.72 million a year earlier and down 61.4% from the prior quarter.
Magnolia Oil & Gas (MGY) Net Income Attributable to Noncontrolling Interests (2018 - 2026) Analysis & Trends
For FY2025, Net Income Attributable to Noncontrolling Interests at Magnolia Oil & Gas came in at $12.03 million, down 61.6% from FY2024.
- Net Income Attributable to Noncontrolling Interests has now declined for three consecutive years.
- In earlier years, Net Income Attributable to Noncontrolling Interests was $31.3 million in FY2024 (-42.4%), $54.3 million in FY2023 (-65.3%), $156.41 million in FY2022 (+9.8%) and $142.43 million in FY2021.
- The Q1 2026 figure marks the lowest quarterly Net Income Attributable to Noncontrolling Interests since Q2 2020.
- Compared with a year earlier, Net Income Attributable to Noncontrolling Interests has declined for eight straight quarters, with an average decline of 56.3% over the last eight quarters.
- The best year-over-year quarter for Net Income Attributable to Noncontrolling Interests over five years was Q3 2021 (growth of 791.4%); the worst was Q4 2024 (a decline of 79.8%).
- Per Business Quant data, MGY's Net Income Attributable to Noncontrolling Interests in the three quarters before Q1 2026 was $2.62 million (Q4 2025), $2.78 million (Q3 2025) and $2.91 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCI Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 609.00 Mn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 88.00 Mn |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 124.00 Mn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 100.00 Mn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 330.17 Mn |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | - |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 9.00 Mn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 23.00 Mn |
| 10 | Magnolia Oil & Gas | 6.54 Bn | 5.83 Bn | 494.29 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.01 Mn |
| Dec 31, 2025 | 2.62 Mn |
| Sep 30, 2025 | 2.78 Mn |
| Jun 30, 2025 | 2.91 Mn |
| Mar 31, 2025 | 3.72 Mn |
| Dec 31, 2024 | 3.11 Mn |
| Sep 30, 2024 | 6.13 Mn |
| Jun 30, 2024 | 9.55 Mn |
| Mar 31, 2024 | 12.51 Mn |
| Dec 31, 2023 | 15.41 Mn |
| Sep 30, 2023 | 15.45 Mn |
| Jun 30, 2023 | 13.10 Mn |
| Mar 31, 2023 | 10.34 Mn |
| Dec 31, 2022 | 23.02 Mn |
| Sep 30, 2022 | 41.49 Mn |
| Jun 30, 2022 | 49.32 Mn |
| Mar 31, 2022 | 42.58 Mn |
| Dec 31, 2021 | 41.92 Mn |
| Sep 30, 2021 | 40.54 Mn |
| Jun 30, 2021 | 31.73 Mn |
Magnolia Oil & Gas Net Income Attributable to Noncontrolling Interests 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=income-from-non-controlling-interests&ticker=MGY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-non-controlling-interests", "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=income-from-non-controlling-interests&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();