Magnolia Oil & Gas (MGY) Net Income (2017 - 2026)
Magnolia Oil & Gas (MGY) posted Net Income of $181.78 million for Q2 2026, up 124.3% from $81.03 million a year earlier and up 80.3% from the prior quarter.
Powered by 
Analysis
Magnolia Oil & Gas (MGY) Net Income (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Income at Magnolia Oil & Gas was $432.22 million, up 13.1% year-over-year; for FY2025, it came in at $337.28 million, down 15.1% from FY2024.
- Annual Net Income has declined for three consecutive years.
- In prior years, Magnolia Oil & Gas' Net Income was $397.33 million in FY2024 (-10.2%), $442.6 million in FY2023 (-57.9%), $1.05 billion in FY2022 (+87.6%) and $559.72 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly Net Income since Q4 2022.
- On a year-over-year basis, Net Income increased in two of the last eight quarters, with growth averaging 3.5%.
- The strongest year-over-year quarter for Net Income in the past five years was Q4 2021, with growth of 357.4%; the weakest was Q2 2023, with a decline of 65.1%.
- According to Business Quant data, Net Income for the three prior quarters was $100.84 million (Q1 2026), $71.37 million (Q4 2025) and $78.23 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 10.81 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 12.21 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 5.48 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 3.92 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 3.93 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 4.84 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 3.88 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 3.48 Bn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 4.11 Bn |
| 10 | Magnolia Oil & Gas | 4.34 Bn | 3.37 Bn | 461.61 Mn | 181.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 181.78 Mn |
| 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 |
API Access
Magnolia Oil & Gas Net Income 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=net-income&ticker=MGY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();