Magnolia Oil & Gas (MGY) Net Income (2017 - 2026)

Magnolia Oil & Gas (MGY) reported Net Income of $100.8 million for Q1 2026, down 5.45% on a YoY basis from $106.6 million in Q1 2025, and up 41.28% quarter-over-quarter from $71.4 million in Q4 2025.

Magnolia Oil & Gas (MGY) Net Income (2017 - 2026) Analysis & Trends

Magnolia Oil & Gas has reported Net Income for 10 years, with the latest figure at $100.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Income fell 5.45% year-over-year to $100.8 million; the trailing twelve-month figure through Mar 2026 stood at $331.5 million (down 18.43% YoY), and the FY2025 full-year result was $337.3 million, down 15.11% from the prior year.
  • Net Income for Q1 2026 stood at $100.8 million, up from $71.4 million in the prior quarter.
  • The five-year high for Net Income was $299.9 million in Q2 2022, with the low at $71.4 million in Q4 2025.
  • Historically, Net Income has averaged $137.0 million across 5 years, with a median of $105.9 million in 2024.
  • Annual changes were most pronounced in 2022 — Net Income surged 158.16% — and 2023, when it tumbled 65.12%.
  • Magnolia Oil & Gas' Net Income stood at $254.8 million in 2022, then plunged by 55.31% to $113.9 million in 2023, then declined by 22.09% to $88.7 million in 2024, then slipped by 19.54% to $71.4 million in 2025, then jumped by 41.28% to $100.8 million in 2026.
  • The last three Net Income figures came in at $100.8 million (Q1 2026), $71.4 million (Q4 2025), and $78.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Woodside Energy 669.86 Bn 663.92 Bn - 1.10 Bn
2 Canadian Natural Resources 393.48 Bn 393.48 Bn 6.72 Bn 856.82 Mn
3 Conocophillips 143.01 Bn 136.64 Bn 9.48 Bn 2.18 Bn
4 Eog Resources 72.59 Bn 68.74 Bn - 1.98 Bn
5 Occidental Petroleum 55.93 Bn 52.75 Bn 4.87 Bn 3.12 Bn
6 Diamondback Energy 54.41 Bn 60.57 Bn 4.22 Bn 144.00 Mn
7 Vista Energy, S.A.B. de C.V 35.45 Bn 34.84 Bn 472.36 Mn 179.35 Mn
8 Eqt 32.44 Bn 35.79 Bn 2.98 Bn 1.55 Bn
9 Vermilion Energy 31.35 Bn 31.16 Bn 370.10 Mn -3.16 Bn
10 Magnolia Oil & Gas 5.05 Bn 4.93 Bn 340.30 Mn 100.84 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 100.84 Mn
Dec 31, 2025 71.37 Mn
Sep 30, 2025 78.23 Mn
Jun 30, 2025 81.03 Mn
Mar 31, 2025 106.65 Mn
Dec 31, 2024 88.71 Mn
Sep 30, 2024 105.91 Mn
Jun 30, 2024 105.11 Mn
Mar 31, 2024 97.60 Mn
Dec 31, 2023 113.86 Mn
Sep 30, 2023 117.48 Mn
Jun 30, 2023 104.60 Mn
Mar 31, 2023 106.68 Mn
Dec 31, 2022 254.76 Mn
Sep 30, 2022 286.96 Mn
Jun 30, 2022 299.91 Mn
Mar 31, 2022 208.62 Mn
Dec 31, 2021 192.15 Mn
Sep 30, 2021 159.91 Mn
Jun 30, 2021 116.17 Mn