Magnolia Oil & Gas Corp
Magnolia Oil & Gas Corporation, an independent oil and natural gas company, engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. The company's properties are located primarily in Karnes County and the Giddings area in South Texas comprising the Eagle Ford Shale and the Austin Chalk formation. Magnolia Oil … Read more
Magnolia Oil & Gas Corp (MGY) - Net Assets
Latest net assets as of September 2025: $2.01 Billion USD
Based on the latest financial reports, Magnolia Oil & Gas Corp (MGY) has net assets worth $2.01 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.92 Billion) and total liabilities ($917.17 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.01 Billion |
| % of Total Assets | 68.63% |
| Annual Growth Rate | 15.35% |
| 5-Year Change | 134.37% |
| 10-Year Change | N/A |
| Growth Volatility | 61.45 |
Magnolia Oil & Gas Corp - Net Assets Trend (2016–2024)
This chart illustrates how Magnolia Oil & Gas Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Magnolia Oil & Gas Corp (2016–2024)
The table below shows the annual net assets of Magnolia Oil & Gas Corp from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.97 Billion | +4.50% |
| 2023-12-31 | $1.88 Billion | +8.19% |
| 2022-12-31 | $1.74 Billion | +66.49% |
| 2021-12-31 | $1.05 Billion | +24.52% |
| 2020-12-31 | $839.42 Million | -69.24% |
| 2019-12-31 | $2.73 Billion | +0.76% |
| 2018-12-31 | $2.71 Billion | +69.48% |
| 2017-12-31 | $1.60 Billion | +154.52% |
| 2016-12-31 | $627.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Magnolia Oil & Gas Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 75465591500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $754.59 Million | 39.43% |
| Common Stock | $24.00K | 0.00% |
| Other Components | $1.16 Billion | 60.57% |
| Total Equity | $1.91 Billion | 100.00% |
Magnolia Oil & Gas Corp Competitors by Market Cap
The table below lists competitors of Magnolia Oil & Gas Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hongfa Technology Co Ltd
SHG:600885
|
$4.25 Billion |
|
Tubize-Fin
BR:TUB
|
$4.26 Billion |
|
Iveco Group
OTCGREY:IVCGF
|
$4.26 Billion |
|
BB Seguridade Participacoes SA
PINK:BBSEY
|
$4.26 Billion |
|
Li Ning Company Limited
PINK:LNNGF
|
$4.24 Billion |
|
EREGLI DEM CEL FABR DL1
F:EDVA
|
$4.24 Billion |
|
Bharat Heavy Electricals Limited
NSE:BHEL
|
$4.24 Billion |
|
Sands China Ltd
PINK:SCHYF
|
$4.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Magnolia Oil & Gas Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,691,670,000 to 1,913,579,000, a change of 221,909,000 (13.1%).
- Net income of 366,027,000 contributed positively to equity growth.
- Dividend payments of 97,620,000 reduced retained earnings.
- Share repurchases of 273,045,000 reduced equity.
- Other factors increased equity by 226,547,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $366.03 Million | +19.13% |
| Dividends Paid | $97.62 Million | -5.1% |
| Share Repurchases | $273.05 Million | -14.27% |
| Other Changes | $226.55 Million | +11.84% |
| Total Change | $- | 13.12% |
Book Value vs Market Value Analysis
This analysis compares Magnolia Oil & Gas Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.86x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.51x to 2.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $8.37 | $29.39 | x |
| 2017-12-31 | $19.67 | $29.39 | x |
| 2018-12-31 | $10.57 | $29.39 | x |
| 2019-12-31 | $10.63 | $29.39 | x |
| 2020-12-31 | $3.30 | $29.39 | x |
| 2021-12-31 | $4.66 | $29.39 | x |
| 2022-12-31 | $8.39 | $29.39 | x |
| 2023-12-31 | $8.98 | $29.39 | x |
| 2024-12-31 | $10.26 | $29.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Magnolia Oil & Gas Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.13%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.82%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.47x
- Recent ROE (19.13%) is above the historical average (-6.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 3.42% | 19.36% | 0.17x | 1.04x | $-41.31 Million |
| 2017 | 0.10% | 0.41% | 0.24x | 1.06x | $-158.11 Million |
| 2018 | 5.60% | 9.02% | 0.30x | 2.05x | $-73.85 Million |
| 2019 | 2.83% | 5.33% | 0.27x | 1.95x | $-127.41 Million |
| 2020 | -220.44% | -223.24% | 0.37x | 2.65x | $-1.26 Billion |
| 2021 | 51.09% | 38.70% | 0.62x | 2.14x | $335.61 Million |
| 2022 | 56.71% | 52.75% | 0.66x | 1.63x | $736.23 Million |
| 2023 | 22.95% | 31.65% | 0.45x | 1.63x | $219.13 Million |
| 2024 | 19.13% | 27.82% | 0.47x | 1.47x | $174.67 Million |
Industry Comparison
This section compares Magnolia Oil & Gas Corp's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,645,633,110
- Average return on equity (ROE) among peers: 4.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Magnolia Oil & Gas Corp (MGY) | $2.01 Billion | 3.42% | 0.46x | $4.25 Billion |
| Advantage Energy Ltd. (AAVVF) | $1.09 Billion | 1.43% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $9.63 Million | -5.93% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $2.79 Billion | -19.61% | 0.78x | $10.30 Billion |
| Aminex PLC (AEXFF) | $20.47 Million | 6.02% | 0.33x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.43 Billion | 12.90% | 2.02x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $13.10 Million | -11.45% | 0.01x | $4.92K |
| Allied Resources Inc (ALOD) | $3.69 Million | 0.65% | 0.05x | $428.76K |
| Altex Industries Inc (ALTX) | $3.22 Million | -10.59% | 0.04x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $88.21 Million | 32.34% | 0.25x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $5.59 Million | 38.29% | 0.11x | $5.00 Million |