Magnolia Oil & Gas (MGY) Tax Provisions (2017 - 2026)

Magnolia Oil & Gas (MGY) posted Tax Provisions of $20.9 million for Q1 2026, up 23.97% on a QoQ basis from $16.8 million in Q4 2025, and down 16.9% year-over-year from $25.1 million in Q1 2025.

Magnolia Oil & Gas (MGY) Tax Provisions (2017 - 2026) Analysis & Trends

Magnolia Oil & Gas' Tax Provisions history runs 10 years deep, the most recent figure standing at $20.9 million for Q1 2026.

  • Quarterly Tax Provisions fell 16.9% year-over-year to $20.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $75.9 million (down 24.58% YoY) and the FY2025 annual result came in at $80.1 million, down 16.37% from the prior year.
  • Tax Provisions was $20.9 million for Q1 2026 at Magnolia Oil & Gas, up from $16.8 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $31.5 million in Q4 2023 and bottomed at -$58.7 million in Q4 2022.
  • A 5-year average of $18.3 million and a median of $20.9 million in 2025 frame the typical range for Tax Provisions.
  • Peak annual rise in Tax Provisions reached 4436.34% in 2022, while the deepest fall reached 2522.41% in 2022.
  • Magnolia Oil & Gas' Tax Provisions stood at -$58.7 million in 2022, then surged by 153.74% to $31.5 million in 2023, then slipped by 29.69% to $22.2 million in 2024, then declined by 24.03% to $16.8 million in 2025, then increased by 23.97% to $20.9 million in 2026.
  • Business Quant data shows MGY's Tax Provisions at $20.9 million in Q1 2026, $16.8 million in Q4 2025, and $17.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 1.18 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 575.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 32.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 1.10 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 154.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 84.93 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 40.66 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -188.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 330.00 Mn
10 Magnolia Oil & Gas 4.41 Bn 4.29 Bn 340.30 Mn 20.89 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 20.89 Mn
Dec 31, 2025 16.85 Mn
Sep 30, 2025 17.21 Mn
Jun 30, 2025 20.94 Mn
Mar 31, 2025 25.14 Mn
Dec 31, 2024 22.18 Mn
Sep 30, 2024 26.53 Mn
Jun 30, 2024 26.77 Mn
Mar 31, 2024 20.34 Mn
Dec 31, 2023 31.55 Mn
Sep 30, 2023 31.21 Mn
Jun 30, 2023 24.85 Mn
Mar 31, 2023 19.61 Mn
Dec 31, 2022 -58.70 Mn
Sep 30, 2022 19.36 Mn
Jun 30, 2022 27.88 Mn
Mar 31, 2022 18.10 Mn
Dec 31, 2021 2.42 Mn
Sep 30, 2021 3.63 Mn
Jun 30, 2021 2.40 Mn