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
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