Oil Revenues was Magnolia Oil & Gas’s largest product and service line in fiscal 2025, bringing in $1.84B of $2.62B (70%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Oil Revenues | $2.32B | $1.92B | $2.09B | $1.84B | ||||||
| Natural Gas Liquids Revenues | $469.99M | $333.07M | $357.87M | $407.13M | ||||||
| Natural Gas Revenues | $602.99M | $204.11M | $180.55M | $380.50M | ||||||
| Total | $3.39B | $2.45B | $2.63B | $2.62B |
Magnolia Oil & Gas brought in $2.62B from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 0.3% from $2.63B in fiscal 2024. Oil Revenues was the largest at $1.84B (70.0%), ahead of Natural Gas Liquids Revenues at $407.13M (15.5%) and Natural Gas Revenues at $380.50M (14.5%).
Compared with fiscal 2024, Natural Gas Revenues grew fastest, up 110.7% to $380.50M, while Oil Revenues fell the most, down 12.3% to $1.84B. From fiscal 2022 to 2025, combined revenue from these lines fell from $3.39B to $2.62B, a compound annual decline of 8.2%. Oil Revenues' share of the total rose from 68.3% to 70.0%.
Magnolia Oil & Gas (MGY) reports its revenue by product and service. In fiscal 2025, Oil Revenues was its largest product and service line, bringing in $1.84B (70.0% of the total), followed by Natural Gas Liquids Revenues at $407.13M (15.5%).
Oil Revenues was Magnolia Oil & Gas' largest product and service line in fiscal 2025, bringing in $1.84B, or 70.0% of the $2.62B total across its three product and service lines.
Among Magnolia Oil & Gas' product and service lines that make up at least 2% of revenue, Natural Gas Revenues grew fastest in fiscal 2025, up 110.7% from $180.55M to $380.50M.
Every figure comes from Magnolia Oil & Gas' annual financial filings, as reported. Each line keeps the name Magnolia Oil & Gas gives it, and years follow its fiscal calendar.
Magnolia Oil & Gas' revenue by product and service goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.