Magnolia Oil & Gas (MGY) Net Margin (2017 - 2026)
Magnolia Oil & Gas (MGY) reported Net Margin of 28.13% for Q1 2026, down 232.0% on a YoY basis from 21.31% in Q1 2025, and up 25.17% quarter-over-quarter from 22.47% in Q4 2025.
Magnolia Oil & Gas (MGY) Net Margin (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas has reported Net Margin for 10 years, with the latest figure at 28.13% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 232.0% year-over-year to 28.13%; the trailing twelve-month figure through Mar 2026 stood at 25.11% (down 506.0% YoY), and the FY2025 full-year result was 25.71%, down 448.0% from the prior year.
- Net Margin for Q1 2026 stood at 28.13%, up from 22.47% in the prior quarter.
- The five-year high for Net Margin was 72.99% in Q4 2022, with the low at 22.47% in Q4 2025.
- Historically, Net Margin has averaged 37.95% across 5 years, with a median of 31.79% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin surged 1579 bps — and 2023, when it tumbled 3770 bps.
- Magnolia Oil & Gas' Net Margin stood at 72.99% in 2022, then plunged by 52 bps to 35.29% in 2023, then declined by 23 bps to 27.16% in 2024, then retreated by 17 bps to 22.47% in 2025, then grew by 25 bps to 28.13% in 2026.
- The last three Net Margin figures came in at 28.13% (Q1 2026), 22.47% (Q4 2025), and 24.08% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 669.86 Bn | 663.92 Bn | - | - |
| 2 | Canadian Natural Resources | 393.48 Bn | 393.48 Bn | 6.72 Bn | 0.01% |
| 3 | Conocophillips | 143.01 Bn | 136.64 Bn | 9.48 Bn | 13.85% |
| 4 | Eog Resources | 72.59 Bn | 68.74 Bn | - | 28.61% |
| 5 | Occidental Petroleum | 55.93 Bn | 52.75 Bn | 4.87 Bn | 60.71% |
| 6 | Diamondback Energy | 54.41 Bn | 60.57 Bn | 4.22 Bn | 3.40% |
| 7 | Vista Energy, S.A.B. de C.V | 35.45 Bn | 34.84 Bn | 472.36 Mn | 20.73% |
| 8 | Eqt | 32.44 Bn | 35.79 Bn | 2.98 Bn | 45.99% |
| 9 | Vermilion Energy | 31.35 Bn | 31.16 Bn | 370.10 Mn | -843.90% |
| 10 | Magnolia Oil & Gas | 5.05 Bn | 4.93 Bn | 340.30 Mn | 28.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.13% |
| Dec 31, 2025 | 22.47% |
| Sep 30, 2025 | 24.08% |
| Jun 30, 2025 | 25.40% |
| Mar 31, 2025 | 30.44% |
| Dec 31, 2024 | 27.16% |
| Sep 30, 2024 | 31.79% |
| Jun 30, 2024 | 31.22% |
| Mar 31, 2024 | 30.55% |
| Dec 31, 2023 | 35.29% |
| Sep 30, 2023 | 37.21% |
| Jun 30, 2023 | 37.32% |
| Mar 31, 2023 | 34.59% |
| Dec 31, 2022 | 72.99% |
| Sep 30, 2022 | 59.42% |
| Jun 30, 2022 | 61.88% |
| Mar 31, 2022 | 55.21% |
| Dec 31, 2021 | 57.85% |
| Sep 30, 2021 | 56.10% |
| Jun 30, 2021 | 46.09% |