Magnolia Oil & Gas (MGY) Interest Expenses (2018 - 2026)
Magnolia Oil & Gas (MGY) posted Interest Expenses of $6.6 million for Q1 2026, down 53.88% on a QoQ basis from $14.2 million in Q4 2025, and down 7.63% year-over-year from $7.1 million in Q1 2025.
Magnolia Oil & Gas (MGY) Interest Expenses (2018 - 2026) Analysis & Trends
Magnolia Oil & Gas' Interest Expenses history runs 9 years deep, the most recent figure standing at $6.6 million for 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 was $6.6 million for Q1 2026 at Magnolia Oil & Gas, down from $14.2 million in the prior quarter.
- Across five years, Interest Expenses topped out at $14.2 million in Q4 2025 and bottomed at -$15.7 million in Q4 2023.
- A 5-year average of $6.3 million and a median of $6.7 million in 2024 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses tumbled 6641.67% — and 2024, when it soared 570.0%.
- Magnolia Oil & Gas' Interest Expenses stood at $240000.0 in 2022, then tumbled by 6641.67% to -$15.7 million in 2023, then soared by 152.14% to $8.2 million in 2024, then jumped by 73.71% to $14.2 million in 2025, then slumped by 53.88% to $6.6 million in 2026.
- Business Quant data shows MGY's Interest Expenses at $6.6 million in Q1 2026, $14.2 million in Q4 2025, and $6.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 296.00 Mn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 82.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 95.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 432.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 75.45 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 2.34 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 152.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 100.00 Mn |
| 10 | Magnolia Oil & Gas | 4.41 Bn | 4.29 Bn | 340.30 Mn | 6.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.56 Mn |
| Mar 31, 2026 | 6.56 Mn |
| Dec 31, 2025 | 14.22 Mn |
| Dec 31, 2025 | 14.22 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 |
| Dec 31, 2023 | -15.70 Mn |
| Dec 31, 2023 | -15.70 Mn |