Magnolia Oil & Gas (MGY) Interest Expenses (2018 - 2026)
Magnolia Oil & Gas' (MGY) quarterly Interest Expenses came in at $6.6 million in Q1 2026, down 7.63% YoY from $7.1 million in Q1 2025, and up 22.56% on a QoQ basis from $5.4 million in Q4 2025.
Magnolia Oil & Gas (MGY) Interest Expenses (2018 - 2026) Analysis & Trends
Magnolia Oil & Gas (MGY) has 9 years of Interest Expenses data on file, last reported at $6.6 million in Q1 2026.
- Quarterly Interest Expenses fell 7.63% year-over-year to $6.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.6 million (down 77.14% YoY) and the FY2025 annual result came in at $29.7 million, down 12.65% from the prior year.
- Interest Expenses advanced to $6.6 million in Q1 2026, from $5.4 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $12.6 million in Q1 2024 to a low of $1.0 million in Q2 2023.
- A 5-year average of $7.4 million and a median of $6.7 million in 2024 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses jumped 969.69% — and 2023, when it tumbled 84.85%.
- Tracing MGY's Interest Expenses over 5 years: stood at $6.6 million in 2022, then fell by 0.76% to $6.6 million in 2023, then advanced by 24.98% to $8.2 million in 2024, then slumped by 34.63% to $5.4 million in 2025, then increased by 22.56% to $6.6 million in 2026.
- The last three Interest Expenses figures came in at $6.6 million (Q1 2026), $5.4 million (Q4 2025), and $6.9 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 182.00 Mn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 172.06 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 67.00 Mn |
| 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 | 144.00 Mn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 108.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 75.45 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 973,000.00 |
| 10 | Magnolia Oil & Gas | 5.21 Bn | 4.91 Bn | 461.61 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.10 Mn |
| Jun 30, 2026 | 7.10 Mn |
| Mar 31, 2026 | 6.56 Mn |
| Mar 31, 2026 | 6.56 Mn |
| Dec 31, 2025 | 5.35 Mn |
| Dec 31, 2025 | 5.35 Mn |
| Sep 30, 2025 | 6.94 Mn |
| Sep 30, 2025 | 6.94 Mn |
| Jun 30, 2025 | 7.80 Mn |
| Jun 30, 2025 | 7.80 Mn |
| Mar 31, 2025 | 7.10 Mn |
| Mar 31, 2025 | 7.10 Mn |
| Dec 31, 2024 | 8.19 Mn |
| Dec 31, 2024 | 8.19 Mn |
| Sep 30, 2024 | 6.70 Mn |
| Sep 30, 2024 | 6.70 Mn |
| Jun 30, 2024 | 6.70 Mn |
| Jun 30, 2024 | 6.70 Mn |
| Mar 31, 2024 | 12.59 Mn |
| Mar 31, 2024 | 12.59 Mn |