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| 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 |