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

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

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

Magnolia Oil & Gas has reported Tax Provisions for 10 years, with the latest figure at $20.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 16.9% year-over-year to $20.9 million; the trailing twelve-month figure through Mar 2026 stood at $75.9 million (down 24.58% YoY), and the FY2025 full-year result was $80.1 million, down 16.37% from the prior year.
  • Tax Provisions for Q1 2026 stood at $20.9 million, up from $16.8 million in the prior quarter.
  • The five-year high for Tax Provisions was $31.5 million in Q4 2023, with the low at -$58.7 million in Q4 2022.
  • Historically, Tax Provisions has averaged $18.3 million across 5 years, with a median of $20.9 million in 2025.
  • The largest YoY upside for Tax Provisions was 4436.34% in 2022 against a maximum downside of 2522.41% in 2022.
  • Magnolia Oil & Gas' Tax Provisions stood at -$58.7 million in 2022, then soared by 153.74% to $31.5 million in 2023, then retreated by 29.69% to $22.2 million in 2024, then slipped by 24.03% to $16.8 million in 2025, then climbed by 23.97% to $20.9 million in 2026.
  • The last three Tax Provisions figures came in at $20.9 million (Q1 2026), $16.8 million (Q4 2025), and $17.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Woodside Energy 669.86 Bn 663.92 Bn - -
2 Canadian Natural Resources 393.48 Bn 393.48 Bn 6.72 Bn 404.71 Mn
3 Conocophillips 143.01 Bn 136.64 Bn 9.48 Bn 1.18 Bn
4 Eog Resources 72.59 Bn 68.74 Bn - 575.00 Mn
5 Occidental Petroleum 55.93 Bn 52.75 Bn 4.87 Bn 154.00 Mn
6 Diamondback Energy 54.41 Bn 60.57 Bn 4.22 Bn 32.00 Mn
7 Vista Energy, S.A.B. de C.V 35.45 Bn 34.84 Bn 472.36 Mn -35.82 Mn
8 Eqt 32.44 Bn 35.79 Bn 2.98 Bn 433.35 Mn
9 Vermilion Energy 31.35 Bn 31.16 Bn 370.10 Mn -73.74 Mn
10 Magnolia Oil & Gas 5.05 Bn 4.93 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