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Magnolia Oil and Gas Corp (MGY) |
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MGY's Revenue Growth by Quarter and Year
Magnolia Oil And Gas's Revenue results by quarter and year
Select the Comparisons :
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Select the Ratio:
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MGY Revenue (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
322.63
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349.04
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336.38
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149.24
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III Quarter |
September |
315.68
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482.96
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283.58
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121.07
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II Quarter |
June |
280.29
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484.65
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250.73
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82.84
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I Quarter |
March |
308.38
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377.84
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207.66
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181.37
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FY |
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1,226.98
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1,694.49
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1,078.35
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534.52
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MGY Revenue fourth quarter 2023 Y/Y Growth Comment |
Magnolia Oil And Gas Corp reported decrease in Revenue in the fourth quarter 2023 by -7.57% to $ 322.63 millions, from the same quarter in 2022. The decrease in the fourth quarter 2023 Magnolia Oil And Gas Corp's Revenue compares unfavorably to the Company's average Revenue rise of 33.89%.
Looking into fourth quarter 2023 results within Oil And Gas Production industry 24 other companies have achieved higher Revenue growth. While Magnolia Oil And Gas Corp' s Revenue decline of -7.57% ranks overall at the positon no. 1522 in the fourth quarter 2023.
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MGY Revenue ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-7.57 % |
3.76 % |
125.4 % |
-35.03 % |
III Quarter |
September |
-34.64 % |
70.31 % |
134.23 % |
-50.54 % |
II Quarter |
June |
-42.17 % |
93.3 % |
202.67 % |
-65.9 % |
I Quarter |
March |
-18.38 % |
81.95 % |
14.5 % |
-17.06 % |
FY |
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-27.59 % |
57.14 % |
101.74 % |
-42.9 % |
MGY Revenue (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
2.2 % |
-27.73 % |
18.62 % |
23.27 % |
III Quarter |
September |
12.63 % |
-0.35 % |
13.1 % |
46.15 % |
II Quarter |
June |
-9.11 % |
28.27 % |
20.74 % |
-54.33 % |
I Quarter |
March |
-11.65 % |
12.33 % |
39.15 % |
-21.04 % |
FY (Year on Year) |
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-27.59 % |
57.14 % |
101.74 % |
-42.9 % |
Revenue Y/Y Growth Statistics |
High |
Average |
Low |
202.67 % |
33.89 % |
-65.9 % |
(Jun 30 2021) |
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(Jun 30 2020) |
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Revenue Y/Y Growth Statistics |
High |
Average |
Low |
202.67 % |
33.89 % |
-65.9 % |
(Jun 30 2021) |
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(Jun 30 2020) |
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Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Magnolia Oil And Gas's Q/Q Revenue Growth
Revenue Q/Q Growth Statistics |
High |
Average |
Low |
265.5 % |
15.83 % |
-54.32 % |
(Dec 31 2018) |
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MGY's IV. Quarter Q/Q Revenue Comment |
Magnolia Oil and Gas Corp achieved in the IV. Quarter 2023 below company average Revenue growth of 2.2% quarter on quarter, to $ 322.63 millions.
IV. Quarter 2023 MGY's results appear to be paradoxical, even if lower than the ordinary rise of 15.83 %, yet it presents real improvement relative to the -27.73% in the same quarter a year ago María Pilar Navarro, a business expert mentioned.
Within Oil And Gas Production industry 3 other companies have achieved higher Revenue quarter on quarter growth. While Magnolia Oil And Gas's Revenue growth quarter on quarter, overall rank is 356. |
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Revenue Q/Q Growth Statistics |
High |
Average |
Low |
265.5 % |
15.83 % |
-54.32 % |
(Dec 31 2018) |
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MGY's IV. Quarter Q/Q Revenue Comment |
Magnolia Oil and Gas Corp achieved in the IV. Quarter 2023 below company average Revenue growth of 2.2% quarter on quarter, to $ 322.63 millions.
Albeit the IV. Quarter 2023 Magnolia Oil And Gas's results were lower than the ordinary , it has been yet promising story, as the current expension, outshines the -27.73% Revenue rise in the IV. Quarter 2022
Within Oil And Gas Production industry 3 other companies have achieved higher Revenue quarter on quarter growth. While Magnolia Oil And Gas's Revenue growth quarter on quarter, overall rank is 356. |
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Magnolia Oil And Gas's 12 Months Revenue Growth Year on Year
Revenue TTM Growth |
12 Months Ending (Dec 31 2023) |
12 Months Ending (Sep 30 2023) |
12 Months Ending (Jun 30 2023) |
12 Months Ending (Mar 31 2023) |
12 Months Ending (Dec 31 2022) |
Cumulative Revenue 12 Months Ending |
$ 1,226.98 |
$ 1,253.39 |
$ 1,420.68 |
$ 1,625.04 |
$ 1,694.49 |
Y / Y Revenue Growth (TTM) |
-27.59 % |
-25.47 % |
-4.17 % |
30.16 % |
57.14 % |
Year on Year Revenue Growth Overall
Ranking |
# 30 |
# 53 |
# 268 |
# 123 |
# 110 |
Seqeuential Revenue Change (TTM) |
-2.11 % |
-11.78 % |
-12.58 % |
-4.1 % |
0.75 % |
Seq. Revenue Growth (TTM) Overall
Ranking |
# 473 |
# 415 |
# 258 |
# 865 |
# 1061 |
Cumulative Revenue growth
Comment |
Magnolia Oil And Gas's cumulative 12 months Revenue continue to drop, but on the faster rate at -27.59% year on year, at Dec 31 2023 compare to the -25.47% decrease at Sep 30 2023. If the Magnolia Oil And Gas's fiscal year would end at Dec 31 2023, annual Revenue would be $1,227 millions.
Looking into Energy sector trailing twelve month Revenue increase, only one company had higher growth. While Total ranking has impoved so far to 30, from total ranking in previous quarter at 53. |
Revenue TTM Q/Q Growth Statistics |
High |
Average |
Low |
122.63 % |
23.68 % |
-42.9 % |
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Revenue TTM Y/Y Growth Statistics |
High |
Average |
Low |
122.63 % |
23.68 % |
-42.9 % |
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Revenue TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 4 |
Sector |
# 7 |
S&P 500 |
# 473 |
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Cumulative Revenue growth
Comment |
Magnolia Oil And Gas's cumulative 12 months Revenue continue to drop, but on the faster rate at -27.59% year on year, at Dec 31 2023 compare to the -25.47% decrease at Sep 30 2023. If the Magnolia Oil And Gas's fiscal year would end at Dec 31 2023, annual Revenue would be $1,227 millions.
Looking into Energy sector trailing twelve month Revenue increase, only one company had higher growth. While Total ranking has impoved so far to 30, from total ranking in previous quarter at 53. |
Revenue TTM Q/Q Growth Statistics |
High |
Average |
Low |
122.63 % |
23.68 % |
-42.9 % |
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Revenue TTM Y/Y Growth Statistics |
High |
Average |
Low |
122.63 % |
23.68 % |
-42.9 % |
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Revenue TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 4 |
Sector |
# 7 |
S&P 500 |
# 473 |
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