Magnolia Oil & Gas (MGY) Intangibles (2018 - 2021)
Magnolia Oil & Gas' (MGY) quarterly Intangibles came in at $7.2 million in Q1 2021, down 64.24% YoY from $20.2 million in Q1 2020, and down 22.61% on a QoQ basis from $9.3 million in Q4 2020.
Magnolia Oil & Gas (MGY) Intangibles (2018 - 2021) Analysis & Trends
Magnolia Oil & Gas (MGY) has 4 years of Intangibles data on file, last reported at $7.2 million in 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 retreated to $7.2 million in Q1 2021, from $9.3 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $44.4 million in Q4 2018 to a low of $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 slumped 34.55% — and 2021, when it tumbled 64.24%.
- Tracing MGY's Intangibles over 4 years: stood at $44.4 million in 2018, then tumbled by 46.28% to $23.9 million in 2019, then slumped by 60.82% to $9.3 million in 2020, then slipped by 22.61% to $7.2 million in 2021.
- The last three Intangibles figures came in at $7.2 million (Q1 2021), $9.3 million (Q4 2020), and $13.0 million (Q3 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (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 | 193.10 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 31.68 Mn |
| 10 | Magnolia Oil & Gas | 5.21 Bn | 4.91 Bn | 461.61 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 |