Magnolia Oil & Gas (MGY) Long-Term Investments (2017 - 2020)

Magnolia Oil & Gas (MGY) posted Long-Term Investments of $21.8 million for Q3 2020, up 4.85% on a QoQ basis from $20.8 million in Q2 2020, and up 11.84% year-over-year from $19.5 million in Q4 2019.

Magnolia Oil & Gas (MGY) Long-Term Investments (2017 - 2020) Analysis & Trends

Magnolia Oil & Gas' Long-Term Investments history runs 4 years deep, the most recent figure standing at $21.8 million for Q3 2020.

  • Quarterly Long-Term Investments rose 11.84% year-over-year to $21.8 million in Q3 2020, while the trailing twelve-month figure through Sep 2020 was $21.8 million (up 11.84% YoY) and the FY2019 annual result came in at $19.7 million, up 4.54% from the prior year.
  • Long-Term Investments was $21.8 million for Q3 2020 at Magnolia Oil & Gas, up from $20.8 million in the prior quarter.
  • Across five years, Long-Term Investments topped out at $21.8 million in Q3 2020 and bottomed at $8.9 million in Q4 2017.
  • A 4-year average of $18.7 million and a median of $19.4 million in 2019 frame the typical range for Long-Term Investments.
  • Annual changes were most pronounced in 2018 — Long-Term Investments jumped 112.03% — and 2019, when it increased 4.54%.
  • Magnolia Oil & Gas' Long-Term Investments stood at $8.9 million in 2017, then soared by 112.03% to $18.9 million in 2018, then increased by 4.54% to $19.7 million in 2019, then advanced by 10.44% to $21.8 million in 2020.
  • Business Quant data shows MGY's Long-Term Investments at $21.8 million in Q3 2020, $20.8 million in Q2 2020, and $20.2 million in Q1 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Investments (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 10.32 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 260.00 Mn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 2.34 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 3.95 Bn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 715.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 127.00 Mn
10 Magnolia Oil & Gas 4.41 Bn 4.29 Bn 340.30 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2020 21.79 Mn
Jun 30, 2020 20.78 Mn
Mar 31, 2020 20.17 Mn
Dec 31, 2019 19.73 Mn
Sep 30, 2019 19.48 Mn
Jun 30, 2019 19.39 Mn
Mar 31, 2019 19.26 Mn
Dec 31, 2018 18.87 Mn
Sep 30, 2018 18.41 Mn
Dec 31, 2017 8.90 Mn