Magnolia Oil & Gas (MGY) Payables (2017 - 2026)
Magnolia Oil & Gas (MGY) posted Payables of $173.06 million for Q2 2026, up 4.5% from $165.55 million a year earlier and up 10.6% from the prior quarter.
Magnolia Oil & Gas (MGY) Payables (2017 - 2026) Analysis & Trends
At the end of FY2025, Magnolia Oil & Gas' Payables came in at $177.57 million, down 1.9% from FY2024.
- Annual Payables has declined for three consecutive years, though with a five-year compound annual growth rate of 23.2% (FY2020 to FY2025).
- In prior years, Magnolia Oil & Gas' Payables was $181.07 million in FY2024 (-6.3%), $193.21 million in FY2023 (-4.7%), $202.85 million in FY2022 (+58.6%) and $127.91 million in FY2021 (+104.2%).
- Quarterly Payables has run from a low of $107.46 million in Q3 2021 to a high of $226.93 million in Q2 2024 over five years.
- On a year-over-year basis, Payables increased in two of the last eight quarters, with an average decline of 7.7%.
- The strongest year-over-year quarter for Payables in the past five years was Q4 2021, with growth of 104.2%; the weakest was Q2 2025, with a decline of 27.0%.
- According to Business Quant data, Payables for the three prior quarters was $156.5 million (Q1 2026), $177.57 million (Q4 2025) and $181.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 742.51 Bn | 698.99 Bn | - | 74.49 Bn |
| 2 | Chevron | 445.06 Bn | 417.18 Bn | 33.45 Bn | 24.82 Bn |
| 3 | Shell | 310.78 Bn | 240.53 Bn | 30.13 Bn | 60.74 Bn |
| 4 | TotalEnergies SE | 197.34 Bn | 77.92 Bn | 61.77 Bn | 41.44 Bn |
| 5 | Conocophillips | 177.35 Bn | 150.05 Bn | 12.81 Bn | 6.76 Bn |
| 6 | Equinor Asa | 118.67 Bn | 33.12 Bn | - | 11.95 Bn |
| 7 | Phillips 66 | 116.93 Bn | 104.72 Bn | 8.38 Bn | 12.05 Bn |
| 8 | Canadian Natural Resources | 113.22 Bn | 110.23 Bn | 8.84 Bn | 1.10 Bn |
| 9 | Suncor Energy | 95.47 Bn | 81.22 Bn | - | 8.79 Bn |
| 10 | Magnolia Oil & Gas | 4.70 Bn | 3.73 Bn | 461.61 Mn | 173.06 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 173.06 Mn |
| Mar 31, 2026 | 156.50 Mn |
| Dec 31, 2025 | 177.57 Mn |
| Sep 30, 2025 | 181.20 Mn |
| Jun 30, 2025 | 165.55 Mn |
| Mar 31, 2025 | 172.40 Mn |
| Dec 31, 2024 | 181.07 Mn |
| Sep 30, 2024 | 164.30 Mn |
| Jun 30, 2024 | 226.93 Mn |
| Mar 31, 2024 | 219.60 Mn |
| Dec 31, 2023 | 193.21 Mn |
| Sep 30, 2023 | 183.34 Mn |
| Jun 30, 2023 | 166.23 Mn |
| Mar 31, 2023 | 190.81 Mn |
| Dec 31, 2022 | 202.85 Mn |
| Sep 30, 2022 | 214.61 Mn |
| Jun 30, 2022 | 186.84 Mn |
| Mar 31, 2022 | 134.65 Mn |
| Dec 31, 2021 | 127.91 Mn |
| Sep 30, 2021 | 107.46 Mn |
Magnolia Oil & Gas Payables 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=payables&ticker=MGY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();