Magnolia Oil & Gas Corporation
MGY
Rank in Stocks
#3036
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: 2026-10-20
Market Cap
$6.04B
Change (1 day)
0.02%
Change (1 year)
12.00%
Country
US
Trade Magnolia Oil & Gas Corporation (MGY)
Category
Energy
Revenue for Magnolia Oil & Gas Corporation (MGY)
Revenue in Jun 2026 TTM: $1.48B
According to Magnolia Oil & Gas Corporation latest financial reports the company's current revenue (TTM) is $1.48B. In 2024 the company made a revenue of $1.32B an increase over the revenue in the year 2023 that was $1.23B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history for Magnolia Oil & Gas Corporation from 2016 to 2026
Revenue at the end of each year
| Year | Revenue | Change |
|---|---|---|
| 2026 (TTM) | $1.48B | 12.81% |
| 2025 | $1.31B | -0.31% |
| 2024 | $1.32B | 7.25% |
| 2023 | $1.23B | -27.59% |
| 2022 | $1.69B | 57.14% |
| 2021 | $1.08B | 99.21% |
| 2020 | $541.30M | -42.55% |
| 2019 | $942.16M | -9.38% |
| 2018 | $1.04B | 157.87% |
| 2017 | $403.19M | 263.48% |
| 2016 | $110.93M | 0.00% |
Revenue for similar companies or competitors
| Company | Revenue | Revenue Difference | Country |
|---|---|---|---|
| $63.35B | 4,180.40% |
US
|
|
| $60.91B | 4,015.90% |
HK
|
|
| - | - |
CA
|
|
| - | - |
US
|
|
| $26.75B | 1,707.44% |
US
|
