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| Date | Value |
|---|---|
| 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 |