Magnolia Oil & Gas (MGY) Operating Income (2017 - 2026)
Magnolia Oil & Gas' Operating Income was $239.5 million in Q2 2026, up 122.1% from $107.81 million a year earlier and up 87.5% from the prior quarter.
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Analysis
Magnolia Oil & Gas (MGY) Operating Income (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Magnolia Oil & Gas' Operating Income was $562.81 million through Jun 30, 2026, up 13.3% year-over-year; for FY2025, it was $439.18 million, down 14.2% from FY2024.
- Operating Income has now declined for three consecutive years.
- In earlier years, Operating Income was $511.99 million in FY2024 (-4.2%), $534.49 million in FY2023 (-50.2%), $1.07 billion in FY2022 (+78.2%) and $602.59 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Operating Income since Q3 2022.
- Compared with a year earlier, Operating Income was higher in two of the last eight quarters, with growth averaging 4.6%.
- The best year-over-year quarter for Operating Income over five years was Q3 2021 (growth of 681.6%); the worst was Q2 2023 (a decline of 63.0%).
- Per Business Quant data, MGY's Operating Income in the three quarters before Q2 2026 was $127.76 million (Q1 2026), $94.08 million (Q4 2025) and $101.46 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 26.95 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | -19.92 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 1.37 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 10.38 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 12.99 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | -38.69 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 5.33 Bn |
| 10 | Magnolia Oil & Gas | 4.34 Bn | 3.37 Bn | 461.61 Mn | 239.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 239.50 Mn |
| Mar 31, 2026 | 127.76 Mn |
| Dec 31, 2025 | 94.08 Mn |
| Sep 30, 2025 | 101.46 Mn |
| Jun 30, 2025 | 107.81 Mn |
| Mar 31, 2025 | 135.82 Mn |
| Dec 31, 2024 | 124.07 Mn |
| Sep 30, 2024 | 129.01 Mn |
| Jun 30, 2024 | 134.35 Mn |
| Mar 31, 2024 | 124.56 Mn |
| Dec 31, 2023 | 138.09 Mn |
| Sep 30, 2023 | 148.13 Mn |
| Jun 30, 2023 | 121.33 Mn |
| Mar 31, 2023 | 126.93 Mn |
| Dec 31, 2022 | 197.91 Mn |
| Sep 30, 2022 | 311.75 Mn |
| Jun 30, 2022 | 328.26 Mn |
| Mar 31, 2022 | 235.87 Mn |
| Dec 31, 2021 | 202.01 Mn |
| Sep 30, 2021 | 171.49 Mn |
API Access
Magnolia Oil & Gas Operating 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=operating-income&ticker=MGY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-income&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();