Magnolia Oil & Gas Corp (MGY) - Total Assets
Based on the latest financial reports, Magnolia Oil & Gas Corp (MGY) holds total assets worth $2.92 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check how aggressively does Magnolia Oil & Gas Corp reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Magnolia Oil & Gas Corp - Total Assets Trend (2016–2024)
This chart illustrates how Magnolia Oil & Gas Corp's total assets have evolved over time, based on quarterly financial data. Explore Magnolia Oil & Gas Corp (MGY) investment intensity to see how much of total assets are deployed in long-term investments.
Magnolia Oil & Gas Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Magnolia Oil & Gas Corp's total assets of $2.92 Billion consist of 14.6% current assets and 85.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $260.05 Million | 9.2% |
| Accounts Receivable | $147.90 Million | 5.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $2.31 Billion | 81.8% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Magnolia Oil & Gas Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of Magnolia Oil & Gas Corp.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Magnolia Oil & Gas Corp's current assets represent 14.6% of total assets in 2024, an increase from 0.3% in 2016.
- Cash Position: Cash and equivalents constituted 9.2% of total assets in 2024, up from 0.3% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is property, plant & equipment at 81.8% of total assets.
Magnolia Oil & Gas Corp Competitors by Total Assets
Key competitors of Magnolia Oil & Gas Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Woodside Energy Group Ltd
NYSE:WDS
|
USA | $66.50 Billion |
|
Aker BP ASA
OL:AKRBP
|
Norway | Nkr42.88 Billion |
|
Santos Ltd
AU:STO
|
Australia | AU$32.05 Billion |
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
Tamarack Valley Energy Ltd
TO:TVE
|
Canada | CA$3.47 Billion |
|
Vista Energy S.A.B. de C.V.
BA:VIST
|
Argentina | AR$7.72 Billion |
|
Spartan Delta Corp
TO:SDE
|
Canada | CA$1.35 Billion |
|
Beach Energy Ltd
AU:BPT
|
Australia | AU$5.42 Billion |
Magnolia Oil & Gas Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.47 | 1.47 | 2.18 |
| Quick Ratio | 1.47 | 1.48 | 2.82 |
| Cash Ratio | 0.88 | 0.98 | 0.00 |
| Working Capital | $150.56 Million | $133.68 Million | $152.58 Million |
Magnolia Oil & Gas Corp - Advanced Valuation Insights
This section examines the relationship between Magnolia Oil & Gas Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.09 |
| Latest Market Cap to Assets Ratio | 1.51 |
| Asset Growth Rate (YoY) | 2.3% |
| Total Assets | $2.82 Billion |
| Market Capitalization | $4.25 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Magnolia Oil & Gas Corp's assets above their book value (1.51x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Magnolia Oil & Gas Corp's assets grew by 2.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Magnolia Oil & Gas Corp (2016–2024)
The table below shows the annual total assets of Magnolia Oil & Gas Corp from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.82 Billion | +2.34% |
| 2023-12-31 | $2.76 Billion | +7.14% |
| 2022-12-31 | $2.57 Billion | +47.28% |
| 2021-12-31 | $1.75 Billion | +20.18% |
| 2020-12-31 | $1.45 Billion | -58.07% |
| 2019-12-31 | $3.47 Billion | +0.96% |
| 2018-12-31 | $3.43 Billion | +103.29% |
| 2017-12-31 | $1.69 Billion | +159.08% |
| 2016-12-31 | $651.90 Million | -- |
About 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