Magnolia Oil & Gas (MGY) Long-Term Investments (2017 - 2020)
Magnolia Oil & Gas' Long-Term Investments was $21.79 million in Q3 2020, up 11.8% from $19.48 million a year earlier and up 4.8% from the prior quarter.
Magnolia Oil & Gas (MGY) Long-Term Investments (2017 - 2020) Analysis & Trends
At the end of FY2019, Long-Term Investments at Magnolia Oil & Gas came in at $19.73 million, up 4.5% from FY2018.
- In earlier years, Long-Term Investments was $18.87 million in FY2018 (+112.0%) and $8.9 million in FY2017.
- The Q3 2020 figure marks the highest quarterly Long-Term Investments in data going back to Q4 2017.
- Compared with a year earlier, Long-Term Investments has increased for four straight quarters, with growth averaging 28.1% over the last five quarters.
- Per Business Quant data, MGY's Long-Term Investments in the three quarters before Q3 2020 was $20.78 million (Q2 2020), $20.17 million (Q1 2020) and $19.73 million (Q4 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | 45.61 Bn |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | 1.48 Bn |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | 42.35 Bn |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | 2.10 Bn |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | 1.66 Bn |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | 10.35 Bn |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | 15.66 Bn |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | 12.35 Bn |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | - |
| 10 | Magnolia Oil & Gas | 4.44 Bn | 3.48 Bn | 461.61 Mn | - |
Historic 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 |
Magnolia Oil & Gas Long-Term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-investments&ticker=MGY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "ticker": "MGY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-investments&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();