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
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