Magnolia Oil & Gas Corporation
MGY
Rank in Stocks
#3029
Magnolia Oil & Gas Corporation is an energy company engaged in the full... Magnolia Oil & Gas Corporation is an energy company engaged in the full lifecycle of hydrocarbon resource management: acquisition, development, exploration, and production of crude oil, natural gas, and natural gas liquids (NGLs) within the United States. Its operational focus is primarily situated in South Texas, specifically within Karnes County and the Giddings Field, where its assets primarily tap into the rich Eagle Ford Shale and Austin Chalk geological formations. According to its December 31, 2021, filing, the company's holdings comprised a substantial leasehold of 471,263 net acres. This total was broken down into 23,785 net acres in Karnes and a larger 447,478 net acres within the Giddings region. In addition, it managed 1,292 net wells, which collectively yielded a production capacity of 66,000 barrels of oil equivalent per day. Headquartered in Houston, Texas, the company began its operations in 2017.
Share Price
$25.48
Last synced: 2026-10-19
Market Cap
$6.04B
Change (1 day)
0.51%
Change (1 year)
11.05%
Country
US
Trade Magnolia Oil & Gas Corporation (MGY)
Category
Energy
Earnings for Magnolia Oil & Gas Corporation (MGY)
Earnings in Jun 2026 TTM: $537.79M
According to Magnolia Oil & Gas Corporation latest financial reports the company's current earnings are $537.79M. In 2024 the company made an earning of $493.14M, a decrease compared to its 2023 earnings that were of $549.81M. The earnings displayed on this page are the earnings before interest and taxes or simply EBIT.
Earnings history for Magnolia Oil & Gas Corporation from 2016 to 2026
Earnings at the end of each year
| Year | Earnings | Change |
|---|---|---|
| 2026 (TTM) | $537.79M | 28.84% |
| 2025 | $417.41M | -15.36% |
| 2024 | $493.14M | -10.31% |
| 2023 | $549.81M | -47.98% |
| 2022 | $1.06B | 85.89% |
| 2021 | $568.57M | -129.18% |
| 2020 | $-1.95B | -2,052.91% |
| 2019 | $99.77M | -55.73% |
| 2018 | $225.37M | 7,862.64% |
| 2017 | $2.83M | -87.22% |
| 2016 | $22.14M | 0.00% |
Earnings for similar companies or competitors
| Company | Earnings | Earnings Difference | Country |
|---|---|---|---|
| $14.62B | 2,618.18% |
US
|
|
| $27.09B | 4,936.98% |
HK
|
|
| - | - |
CA
|
|
| - | - |
US
|
|
| $8.77B | 1,529.89% |
US
|
