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

Magnolia Oil & Gas (MGY) reported Operating Income of $127.8 million for Q1 2026, down 5.93% on a YoY basis from $135.8 million in Q1 2025, and up 35.8% quarter-over-quarter from $94.1 million in Q4 2025.

Magnolia Oil & Gas (MGY) Operating Income (2017 - 2026) Analysis & Trends

Magnolia Oil & Gas has reported Operating Income for 10 years, with the latest figure at $127.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 5.93% year-over-year to $127.8 million; the trailing twelve-month figure through Mar 2026 stood at $431.1 million (down 17.61% YoY), and the FY2025 full-year result was $439.2 million, down 14.22% from the prior year.
  • Operating Income for Q1 2026 stood at $127.8 million, up from $94.1 million in the prior quarter.
  • The five-year high for Operating Income was $328.3 million in Q2 2022, with the low at $94.1 million in Q4 2025.
  • Historically, Operating Income has averaged $158.1 million across 5 years, with a median of $129.0 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Income soared 154.09% — and 2023, when it sank 63.04%.
  • Magnolia Oil & Gas' Operating Income stood at $197.9 million in 2022, then plunged by 30.23% to $138.1 million in 2023, then fell by 10.15% to $124.1 million in 2024, then dropped by 24.17% to $94.1 million in 2025, then soared by 35.8% to $127.8 million in 2026.
  • The last three Operating Income figures came in at $127.8 million (Q1 2026), $94.1 million (Q4 2025), and $101.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Woodside Energy 669.86 Bn 663.92 Bn - -
2 Canadian Natural Resources 393.48 Bn 393.48 Bn 6.72 Bn 5.68 Bn
3 Conocophillips 143.01 Bn 136.64 Bn 9.48 Bn 7.20 Bn
4 Eog Resources 72.59 Bn 68.74 Bn - 2.60 Bn
5 Occidental Petroleum 55.93 Bn 52.75 Bn 4.87 Bn 3.76 Bn
6 Diamondback Energy 54.41 Bn 60.57 Bn 4.22 Bn 116.00 Mn
7 Vista Energy, S.A.B. de C.V 35.45 Bn 34.84 Bn 472.36 Mn 215.59 Mn
8 Eqt 32.44 Bn 35.79 Bn 2.98 Bn 2.04 Bn
9 Vermilion Energy 31.35 Bn 31.16 Bn 370.10 Mn 266.77 Mn
10 Magnolia Oil & Gas 5.05 Bn 4.93 Bn 340.30 Mn 127.76 Mn

Historic Data

Download Data
DateValue
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