Magnolia Oil & Gas (MGY) Tax Provisions (2017 - 2026)
Magnolia Oil & Gas (MGY) posted Tax Provisions of $50.63 million for Q2 2026, up 141.8% from $20.94 million a year earlier and up 142.4% from the prior quarter.
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Analysis
Magnolia Oil & Gas (MGY) Tax Provisions (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Provisions at Magnolia Oil & Gas was $105.57 million, up 11.4% year-over-year; for FY2025, it came in at $80.13 million, down 16.4% from FY2024.
- In prior years, Magnolia Oil & Gas' Tax Provisions was $95.81 million in FY2024 (-10.6%), $107.21 million in FY2023, $6.64 million in FY2022 (-25.0%) and $8.85 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly Tax Provisions in data going back to Q1 2017.
- On a year-over-year basis, Tax Provisions increased in two of the last eight quarters, with growth averaging 2.9%.
- The strongest year-over-year quarter for Tax Provisions in the past five years was Q3 2022, with growth of 433.1%; the weakest was Q3 2025, with a decline of 35.1%.
- According to Business Quant data, Tax Provisions for the three prior quarters was $20.89 million (Q1 2026), $16.85 million (Q4 2025) and $17.21 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 4.95 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 4.50 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | -3.15 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | -1.53 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 2.15 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | -8.19 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 1.09 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 775.70 Mn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | -1.32 Bn |
| 10 | Magnolia Oil & Gas | 4.34 Bn | 3.37 Bn | 461.61 Mn | 50.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.63 Mn |
| 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 |
API Access
Magnolia Oil & Gas Tax Provisions 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=tax-provisions&ticker=MGY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();