Magnolia Oil & Gas (MGY) Operating Income (2017 - 2026)
Magnolia Oil & Gas (MGY) posted Operating Income of $127.8 million for Q1 2026, up 35.8% on a QoQ basis from $94.1 million in Q4 2025, and down 5.93% year-over-year from $135.8 million in Q1 2025.
Magnolia Oil & Gas (MGY) Operating Income (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas' Operating Income history runs 10 years deep, the most recent figure standing at $127.8 million for Q1 2026.
- Quarterly Operating Income fell 5.93% year-over-year to $127.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $431.1 million (down 17.61% YoY) and the FY2025 annual result came in at $439.2 million, down 14.22% from the prior year.
- Operating Income was $127.8 million for Q1 2026 at Magnolia Oil & Gas, up from $94.1 million in the prior quarter.
- Across five years, Operating Income topped out at $328.3 million in Q2 2022 and bottomed at $94.1 million in Q4 2025.
- A 5-year average of $158.1 million and a median of $129.0 million in 2024 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income soared 154.09% — and 2023, when it plunged 63.04%.
- Magnolia Oil & Gas' Operating Income stood at $197.9 million in 2022, then slumped by 30.23% to $138.1 million in 2023, then decreased by 10.15% to $124.1 million in 2024, then fell by 24.17% to $94.1 million in 2025, then surged by 35.8% to $127.8 million in 2026.
- Business Quant data shows MGY's Operating Income at $127.8 million in Q1 2026, $94.1 million in Q4 2025, and $101.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 7.20 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 2.60 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 116.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 19.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 394.04 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 182.33 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 166.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 1.53 Bn |
| 10 | Magnolia Oil & Gas | 4.41 Bn | 4.29 Bn | 340.30 Mn | 127.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 129.19 Mn |