Magnolia Oil & Gas (MGY) Net Income (2017 - 2026)
Magnolia Oil & Gas' (MGY) quarterly Net Income came in at $100.8 million in Q1 2026, down 5.45% YoY from $106.6 million in Q1 2025, and up 41.28% on a QoQ basis from $71.4 million in Q4 2025.
Magnolia Oil & Gas (MGY) Net Income (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas (MGY) has 10 years of Net Income data on file, last reported at $100.8 million in Q1 2026.
- Quarterly Net Income fell 5.45% year-over-year to $100.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $331.5 million (down 18.43% YoY) and the FY2025 annual result came in at $337.3 million, down 15.11% from the prior year.
- Net Income advanced to $100.8 million in Q1 2026, from $71.4 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $299.9 million in Q2 2022 to a low of $71.4 million in Q4 2025.
- A 5-year average of $137.0 million and a median of $105.9 million in 2024 frame the typical range for Net Income.
- Annual changes were most pronounced in 2022 — Net Income surged 158.16% — and 2023, when it tumbled 65.12%.
- Tracing MGY's Net Income over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 3.93 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 3.48 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 2.72 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 2.06 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 2.17 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.64 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 3.00 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 281.45 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 153.93 Mn |
| 10 | Magnolia Oil & Gas | 5.21 Bn | 4.91 Bn | 461.61 Mn | 181.78 Mn |
Historic Data
Download 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 |