Magnolia Oil & Gas (MGY) Operating Expenses (2017 - 2026)

Magnolia Oil & Gas has reported Operating Expenses for 10 years, with the latest figure at $230.7 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 7.59% year-over-year to $230.7 million; the trailing twelve-month figure through Mar 2026 stood at $888.9 million (up 7.94% YoY), and the FY2025 full-year result was $872.7 million, up 8.55% from the prior year.
• Operating Expenses for Q1 2026 stood at $230.7 million, up from $223.5 million in the prior quarter.
• The five-year high for Operating Expenses was $230.7 million in Q1 2026, with the low at $142.0 million in Q1 2022.
• Historically, Operating Expenses has averaged $189.4 million across 5 years, with a median of $194.9 million in 2024.
• Annual changes were most pronounced in 2022 — Operating Expenses jumped 50.78% — and 2023, when it declined 2.14%.
• Magnolia Oil & Gas' Operating Expenses stood at $151.1 million in 2022, then advanced by 22.1% to $184.5 million in 2023, then gained by 9.76% to $202.5 million in 2024, then gained by 10.37% to $223.5 million in 2025, then gained by 3.22% to $230.7 million in 2026.
• The last three Operating Expenses figures came in at $230.7 million (Q1 2026), $223.5 million (Q4 2025), and $223.5 million (Q3 2025), per Business Quant data.