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

Magnolia Oil & Gas (MGY) posted Tax Rate of 17.16% for Q1 2026, down 10.15% on a QoQ basis from 19.1% in Q4 2025, and down 191.0% year-over-year from 18.86% in Q1 2025.

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

Magnolia Oil & Gas' Tax Rate history runs 10 years deep, the most recent figure standing at 17.16% for Q1 2026.

  • Quarterly Tax Rate fell 191.0% year-over-year to 17.16% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.63% (down 122.0% YoY) and the FY2025 annual result came in at 19.2%, down 23.0% from the prior year.
  • Tax Rate was 17.16% for Q1 2026 at Magnolia Oil & Gas, down from 19.1% in the prior quarter.
  • Across five years, Tax Rate topped out at 21.7% in Q4 2023 and bottomed at 29.94% in Q4 2022.
  • A 5-year average of 14.22% and a median of 19.07% in 2025 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2022 — Tax Rate plunged 3118 bps — and 2023, when it surged 5163 bps.
  • Magnolia Oil & Gas' Tax Rate stood at 29.94% in 2022, then jumped by 172 bps to 21.7% in 2023, then dropped by 8 bps to 20.0% in 2024, then fell by 5 bps to 19.1% in 2025, then retreated by 10 bps to 17.16% in 2026.
  • Business Quant data shows MGY's Tax Rate at 17.16% in Q1 2026, 19.1% in Q4 2025, and 18.03% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 35.09%
2 Eog Resources 74.61 Bn 70.76 Bn - 22.50%
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 18.18%
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 57.82%
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 39.49%
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 23.18%
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 22.15%
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -671.43%
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 22.16%
10 Magnolia Oil & Gas 4.41 Bn 4.29 Bn 340.30 Mn 17.16%

Historic Data

Download Data
DateValue
Mar 31, 2026 17.16%
Mar 31, 2026 17.16%
Mar 31, 2026 17.16%
Dec 31, 2025 19.10%
Dec 31, 2025 19.10%
Dec 31, 2025 19.10%
Sep 30, 2025 18.03%
Sep 30, 2025 18.03%
Sep 30, 2025 18.03%
Jun 30, 2025 20.53%
Jun 30, 2025 20.53%
Jun 30, 2025 20.53%
Mar 31, 2025 19.07%
Mar 31, 2025 19.07%
Mar 31, 2025 19.07%
Dec 31, 2024 20.00%
Dec 31, 2024 20.00%
Dec 31, 2024 20.00%
Sep 30, 2024 20.03%
Sep 30, 2024 20.03%