Magnolia Oil & Gas (MGY) Long-Term Investments (2017 - 2020)
Magnolia Oil & Gas' (MGY) quarterly Long-Term Investments came in at $21.8 million in Q3 2020, up 11.84% YoY from $19.5 million in Q4 2019, and up 4.85% on a QoQ basis from $20.8 million in Q2 2020.
Magnolia Oil & Gas (MGY) Long-Term Investments (2017 - 2020) Analysis & Trends
Magnolia Oil & Gas (MGY) has 4 years of Long-Term Investments data on file, last reported at $21.8 million in 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 rose to $21.8 million in Q3 2020, from $20.8 million in the prior quarter.
- In the past five years, Long-Term Investments ranged from a high of $21.8 million in Q3 2020 to a low of $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 advanced 4.54%.
- Tracing MGY's Long-Term Investments over 4 years: 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 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 10.35 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 | 260.00 Mn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 992.00 Mn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 2.57 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 3.95 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | Magnolia Oil & Gas | 5.21 Bn | 4.91 Bn | 461.61 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 |