Magnolia Oil & Gas Past Earnings Performance
Past criteria checks 3/6
Magnolia Oil & Gas has been growing earnings at an average annual rate of 48.4%, while the Oil and Gas industry saw earnings growing at 36.8% annually. Revenues have been growing at an average rate of 11% per year. Magnolia Oil & Gas's return on equity is 23.5%, and it has net margins of 31.3%.
Key information
48.4%
Earnings growth rate
47.1%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 11.0% |
| Return on equity | 23.5% |
| Net Margin | 31.3% |
| Next Earnings Update | 08 May 2024 |
Recent past performance updates
Recent updates
These 4 Measures Indicate That Magnolia Oil & Gas (NYSE:MGY) Is Using Debt Reasonably Well
Apr 23
Magnolia Oil & Gas (NYSE:MGY) Is Very Good At Capital Allocation
Mar 12Magnolia Oil & Gas: Projected To Generate Over $400 Million In 2024 FCF
Feb 20Magnolia Oil & Gas: Short-Term Pessimism, But Long-Term Optimism
Feb 08Magnolia Oil & Gas Corporation's (NYSE:MGY) Earnings Are Not Doing Enough For Some Investors
Jan 26Is Magnolia Oil & Gas (NYSE:MGY) A Risky Investment?
Jan 05Shareholders Would Enjoy A Repeat Of Magnolia Oil & Gas' (NYSE:MGY) Recent Growth In Returns
Nov 24Magnolia Oil & Gas Continues To Grow Production With A Low Reinvestment Rate
Nov 17Is Magnolia Oil & Gas Corporation (NYSE:MGY) Trading At A 34% Discount?
Oct 08Is Magnolia Oil & Gas (NYSE:MGY) A Risky Investment?
Sep 20Magnolia Oil & Gas: Increased Value After Positive Guidance Revisions
Sep 03Under The Bonnet, Magnolia Oil & Gas' (NYSE:MGY) Returns Look Impressive
Aug 25Magnolia Oil & Gas Has A New Sheriff In Town
Aug 04Magnolia Oil & Gas: Taking Necessary Measures For The Long Term
Jul 24Calculating The Intrinsic Value Of Magnolia Oil & Gas Corporation (NYSE:MGY)
Jul 05Is Magnolia Oil & Gas (NYSE:MGY) Using Too Much Debt?
Jun 20Investors Shouldn't Overlook Magnolia Oil & Gas' (NYSE:MGY) Impressive Returns On Capital
May 20Here's Why We Think Magnolia Oil & Gas (NYSE:MGY) Might Deserve Your Attention Today
May 03Estimating The Intrinsic Value Of Magnolia Oil & Gas Corporation (NYSE:MGY)
Mar 25These 4 Measures Indicate That Magnolia Oil & Gas (NYSE:MGY) Is Using Debt Safely
Mar 07Magnolia Oil & Gas: Over $500 Million In Projected FCF In 2023
Feb 14Magnolia Oil & Gas raises dividend by 15% to $0.100
Jan 31Does Magnolia Oil & Gas (NYSE:MGY) Deserve A Spot On Your Watchlist?
Jan 24Magnolia Oil & Gas: A Top-Pick Oil Stock To Invest In For 2023
Jan 03Magnolia Oil & Gas Corporation's (NYSE:MGY) Intrinsic Value Is Potentially 20% Below Its Share Price
Dec 11Magnolia Oil & Gas: Outstanding Performance In Q3 2022
Nov 10Magnolia Oil & Gas declares $0.10 dividend
Oct 27We Ran A Stock Scan For Earnings Growth And Magnolia Oil & Gas (NYSE:MGY) Passed With Ease
Oct 01Magnolia Oil & Gas: Excellent Balance Sheet And Now Attractively Valued
Sep 30Magnolia Oil & Gas Corporation's (NYSE:MGY) Intrinsic Value Is Potentially 39% Above Its Share Price
Aug 23Magnolia Oil & Gas: Let's Talk Investment Risk Management
Aug 12We Think Magnolia Oil & Gas (NYSE:MGY) Can Manage Its Debt With Ease
Aug 04Magnolia Oil & Gas Q2 2022 Earnings Preview
Aug 02We Ran A Stock Scan For Earnings Growth And Magnolia Oil & Gas (NYSE:MGY) Passed With Ease
Jul 01An Intrinsic Calculation For Magnolia Oil & Gas Corporation (NYSE:MGY) Suggests It's 25% Undervalued
May 24Magnolia Oil & Gas: Invest For Its High Margins, Bulletproof Balance Sheet
May 18Magnolia Oil & Gas: Positive Cash Flow May Approach $1 Billion At Current Strip
Apr 22This Just In: Analysts Are Boosting Their Magnolia Oil & Gas Corporation (NYSE:MGY) Outlook for This Year
Mar 16Magnolia Oil & Gas (NYSE:MGY) Seems To Use Debt Rather Sparingly
Mar 15Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow Magnolia Oil & Gas makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 1,227 | 384 | 83 | 0 |
| 30 Sep 23 | 1,253 | 516 | 82 | 0 |
| 30 Jun 23 | 1,421 | 659 | 78 | 0 |
| 31 Mar 23 | 1,625 | 816 | 81 | 0 |
| 31 Dec 22 | 1,694 | 886 | 84 | 0 |
| 30 Sep 22 | 1,678 | 805 | 82 | 0 |
| 30 Jun 22 | 1,480 | 680 | 77 | 0 |
| 31 Mar 22 | 1,247 | 516 | 80 | 0 |
| 31 Dec 21 | 1,078 | 414 | 79 | 0 |
| 30 Sep 21 | 902 | 293 | 81 | 0 |
| 30 Jun 21 | 738 | 184 | 82 | 0 |
| 31 Mar 21 | 569 | 82 | -483 | 0 |
| 31 Dec 20 | 541 | -1,208 | 69 | 0 |
| 30 Sep 20 | 615 | -1,228 | 70 | 0 |
| 30 Jun 20 | 739 | -1,229 | 75 | 0 |
| 31 Mar 20 | 899 | -1,193 | 638 | 0 |
| 31 Dec 19 | 942 | 47 | 82 | 0 |
| 30 Sep 19 | 1,196 | -45 | 127 | 0 |
| 30 Jun 19 | 1,129 | -46 | 128 | 0 |
| 31 Mar 19 | 1,086 | 21 | 111 | 0 |
| 31 Dec 18 | 1,040 | 94 | 98 | 0 |
| 30 Sep 18 | 550 | 179 | 33 | 0 |
| 30 Jun 18 | 372 | 173 | 12 | 0 |
| 31 Mar 18 | 172 | 87 | 7 | 0 |
Quality Earnings: MGY has high quality earnings.
Growing Profit Margin: MGY's current net profit margins (31.3%) are lower than last year (52.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MGY's earnings have grown significantly by 48.4% per year over the past 5 years.
Accelerating Growth: MGY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MGY had negative earnings growth (-56.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (-25.4%).
Return on Equity
High ROE: MGY's Return on Equity (23.5%) is considered high.