Magnolia Oil & Gas (MGY) Intangibles (2018 - 2021)
Magnolia Oil & Gas (MGY) posted Intangibles of $7.2 million for Q1 2021, down 22.61% on a QoQ basis from $9.3 million in Q4 2020, and down 64.24% year-over-year from $20.2 million in Q1 2020.
Magnolia Oil & Gas (MGY) Intangibles (2018 - 2021) Analysis & Trends
Magnolia Oil & Gas' Intangibles history runs 4 years deep, the most recent figure standing at $7.2 million for Q1 2021.
- Quarterly Intangibles fell 64.24% year-over-year to $7.2 million in Q1 2021, while the trailing twelve-month figure through Mar 2021 was $7.2 million (down 64.24% YoY) and the FY2020 annual result came in at $9.3 million, down 60.82% from the prior year.
- Intangibles was $7.2 million for Q1 2021 at Magnolia Oil & Gas, down from $9.3 million in the prior quarter.
- Across five years, Intangibles topped out at $44.4 million in Q4 2018 and bottomed at $7.2 million in Q1 2021.
- A 4-year average of $24.5 million and a median of $23.9 million in 2019 frame the typical range for Intangibles.
- Annual changes were most pronounced in 2019 — Intangibles sank 34.55% — and 2021, when it slumped 64.24%.
- Magnolia Oil & Gas' Intangibles stood at $44.4 million in 2018, then sank by 46.28% to $23.9 million in 2019, then plunged by 60.82% to $9.3 million in 2020, then declined by 22.61% to $7.2 million in 2021.
- Business Quant data shows MGY's Intangibles at $7.2 million in Q1 2021, $9.3 million in Q4 2020, and $13.0 million in Q3 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (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 | 5.46 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | - |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 193.10 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 32.26 Mn |
| 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, 2021 | 7.23 Mn |
| Dec 31, 2020 | 9.35 Mn |
| Sep 30, 2020 | 12.97 Mn |
| Jun 30, 2020 | 16.60 Mn |
| Mar 31, 2020 | 20.23 Mn |
| Dec 31, 2019 | 23.85 Mn |
| Sep 30, 2019 | 27.48 Mn |
| Jun 30, 2019 | 31.10 Mn |
| Mar 31, 2019 | 34.73 Mn |
| Dec 31, 2018 | 44.40 Mn |
| Sep 30, 2018 | 41.98 Mn |