Magnolia Oil & Gas (MGY) Long-Term Investments (2017 - 2020)
Magnolia Oil & Gas (MGY) reported Long-Term Investments of $21.8 million for Q3 2020, up 11.84% on a YoY basis from $19.5 million in Q4 2019, and up 4.85% quarter-over-quarter from $20.8 million in Q2 2020.
Magnolia Oil & Gas (MGY) Long-Term Investments (2017 - 2020) Analysis & Trends
Magnolia Oil & Gas has reported Long-Term Investments for 4 years, with the latest figure at $21.8 million in Q3 2020.
- For the quarter ending Q3 2020, Long-Term Investments rose 11.84% year-over-year to $21.8 million; the trailing twelve-month figure through Sep 2020 stood at $21.8 million (up 11.84% YoY), and the FY2019 full-year result was $19.7 million, up 4.54% from the prior year.
- Long-Term Investments for Q3 2020 stood at $21.8 million, up from $20.8 million in the prior quarter.
- The five-year high for Long-Term Investments was $21.8 million in Q3 2020, with the low at $8.9 million in Q4 2017.
- Historically, Long-Term Investments has averaged $18.7 million across 4 years, with a median of $19.4 million in 2019.
- Annual changes were most pronounced in 2018 — Long-Term Investments jumped 112.03% — and 2019, when it advanced 4.54%.
- Magnolia Oil & Gas' Long-Term Investments stood at $8.9 million in 2017, then jumped by 112.03% to $18.9 million in 2018, then climbed by 4.54% to $19.7 million in 2019, then rose by 10.44% to $21.8 million in 2020.
- The last three Long-Term Investments figures came in at $21.8 million (Q3 2020), $20.8 million (Q2 2020), and $20.2 million (Q1 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 669.86 Bn | 663.92 Bn | - | 260.00 Mn |
| 2 | Canadian Natural Resources | 393.48 Bn | 393.48 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 143.01 Bn | 136.64 Bn | 9.48 Bn | 10.32 Bn |
| 4 | Eog Resources | 72.59 Bn | 68.74 Bn | - | - |
| 5 | Occidental Petroleum | 55.93 Bn | 52.75 Bn | 4.87 Bn | 2.34 Bn |
| 6 | Diamondback Energy | 54.41 Bn | 60.57 Bn | 4.22 Bn | - |
| 7 | Vista Energy, S.A.B. de C.V | 35.45 Bn | 34.84 Bn | 472.36 Mn | 63.12 Mn |
| 8 | Eqt | 32.44 Bn | 35.79 Bn | 2.98 Bn | 3.92 Bn |
| 9 | Vermilion Energy | 31.35 Bn | 31.16 Bn | 370.10 Mn | 33.19 Mn |
| 10 | Magnolia Oil & Gas | 5.05 Bn | 4.93 Bn | 340.30 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |