Magnolia Oil & Gas (MGY) Income After Tax (2017 - 2026)
Magnolia Oil & Gas' Income After Tax was $80.48 million in Q3 2026, up 2.9% from $78.23 million a year earlier but down 55.7% from the prior quarter.
Magnolia Oil & Gas (MGY) Income After Tax (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Magnolia Oil & Gas' Income After Tax was $434.46 million through Sep 30, 2026, up 22.5% year-over-year; for FY2025, it was $337.28 million, down 15.1% from FY2024.
- Income After Tax has now declined for three consecutive years.
- In earlier years, Income After Tax was $397.33 million in FY2024 (-10.2%), $442.6 million in FY2023 (-57.9%), $1.05 billion in FY2022 (+87.6%) and $559.72 million in FY2021.
- Quarterly Income After Tax has moved between $71.37 million (Q4 2025) and $299.91 million (Q2 2022) over five years.
- Compared with a year earlier, Income After Tax was higher in three of the last eight quarters, with growth averaging 5.0%.
- The best year-over-year quarter for Income After Tax over five years was Q4 2021 (growth of 357.4%); the worst was Q2 2023 (a decline of 65.1%).
- Per Business Quant data, MGY's Income After Tax in the three quarters before Q3 2026 was $181.78 million (Q2 2026), $100.84 million (Q1 2026) and $71.37 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income After Tax (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 16.02 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 17.99 Bn |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 10.03 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 32.14 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 3.86 Bn |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 4.00 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 20.15 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 2.06 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 5.64 Bn |
| 10 | Magnolia Oil & Gas | 6.54 Bn | 5.83 Bn | 494.29 Mn | 80.48 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 80.48 Mn |
| Jun 30, 2026 | 181.78 Mn |
| Mar 31, 2026 | 100.84 Mn |
| Dec 31, 2025 | 71.37 Mn |
| Sep 30, 2025 | 78.23 Mn |
| Jun 30, 2025 | 81.03 Mn |
| Mar 31, 2025 | 106.65 Mn |
| Dec 31, 2024 | 88.71 Mn |
| Sep 30, 2024 | 105.91 Mn |
| Jun 30, 2024 | 105.11 Mn |
| Mar 31, 2024 | 97.60 Mn |
| Dec 31, 2023 | 113.86 Mn |
| Sep 30, 2023 | 117.48 Mn |
| Jun 30, 2023 | 104.60 Mn |
| Mar 31, 2023 | 106.68 Mn |
| Dec 31, 2022 | 254.76 Mn |
| Sep 30, 2022 | 286.96 Mn |
| Jun 30, 2022 | 299.91 Mn |
| Mar 31, 2022 | 208.62 Mn |
| Dec 31, 2021 | 192.15 Mn |
Magnolia Oil & Gas Income After Tax 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=profit-after-tax&ticker=MGY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "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=profit-after-tax&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();