Magnolia Oil & Gas annual operating expenses
2017
2018
2019
2020
2021
2022
2023
2024
2025
Magnolia Oil & Gas Operating Expenses Growth & History (MGY)
Magnolia Oil & Gas's operating expenses was $872.7M for fiscal 2025.
View full Magnolia Oil & Gas company overviewMagnolia Oil & Gas annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $872.7M | $68.8M | +8.55% |
| 2024 | 2024-12-31 | $803.9M | $111.4M | +16.09% |
| 2023 | 2023-12-31 | $692.5M | $71.8M | +11.57% |
| 2022 | 2022-12-31 | $620.7M | $144.9M | +30.47% |
| 2021 | 2021-12-31 | $475.8M | −$1.99B | −80.71% |
| 2020 | 2020-12-31 | $2.47B | $1.65B | +202.82% |
| 2019 | 2019-12-31 | $814.7M | $495.4M | +155.17% |
| 2018 | 2018-12-31 | $319.3M | $106.1M | +49.76% |
| 2017 | 2017-12-31 | $213.2M | — | — |
Magnolia Oil & Gas quarterly operating expenses
Q1.18
Q2.18
Q2.18
Q3.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $239.3M | $28.1M | +13.33% |
| Q1 2026 | 2026-03-31 | $230.7M | $16.3M | +7.59% |
| Q4 2025 | 2025-12-31 | $223.5M | $21.0M | +10.37% |
| Q3 2025 | 2025-09-30 | $223.5M | $19.3M | +9.48% |
| Q2 2025 | 2025-06-30 | $211.2M | $8.8M | +4.34% |
| Q1 2025 | 2025-03-31 | $214.5M | $19.6M | +10.07% |
| Q4 2024 | 2024-12-31 | $202.5M | $18.0M | +9.75% |
| Q3 2024 | 2024-09-30 | $204.1M | $36.6M | +21.83% |
| Q2 2024 | 2024-06-30 | $202.4M | $43.4M | +27.31% |
| Q1 2024 | 2024-03-31 | $194.9M | $13.4M | +7.39% |
| Q4 2023 | 2023-12-31 | $184.5M | $33.4M | +22.10% |
| Q3 2023 | 2023-09-30 | $167.5M | −$3.7M | −2.14% |
| Q2 2023 | 2023-06-30 | $159.0M | $2.6M | +1.64% |
| Q1 2023 | 2023-03-31 | $181.4M | $39.5M | +27.81% |
| Q4 2022 | 2022-12-31 | $151.1M | $21.0M | +16.13% |
| Q3 2022 | 2022-09-30 | $171.2M | $57.7M | +50.78% |
| Q2 2022 | 2022-06-30 | $156.4M | $33.5M | +27.29% |
| Q1 2022 | 2022-03-31 | $142.0M | $32.8M | +30.00% |
| Q4 2021 | 2021-12-31 | $130.1M | $16.8M | +14.79% |
| Q3 2021 | 2021-09-30 | $113.5M | $14.4M | +14.55% |
| Q2 2021 | 2021-06-30 | $122.9M | $14.1M | +12.95% |
| Q1 2021 | 2021-03-31 | $109.2M | −$2.04B | −94.91% |
| Q4 2020 | 2020-12-31 | $113.4M | −$99.7M | −46.79% |
| Q3 2020 | 2020-09-30 | $99.1M | −$118.0M | −54.35% |
| Q2 2020 | 2020-06-30 | $108.8M | −$90.6M | −45.43% |
| Q1 2020 | 2020-03-31 | $2.15B | $1.96B | +1058.84% |
| Q4 2019 | 2019-12-31 | $213.0M | — | — |
| Q3 2019 | 2019-09-30 | $217.1M | $78.8M | +56.98% |
| Q2 2019 | 2019-06-30 | $199.3M | $100.7M | +102.04% |
| Q1 2019 | 2019-03-31 | $185.2M | $105.4M | +132.03% |
| Q3 2018 | 2018-09-30 | $138.3M | — | — |
| Q2 2018 · Jul 30 | 2018-07-30 | $32.9M | — | — |
| Q2 2018 · Jun 30 | 2018-06-30 | $98.7M | — | — |
| Q1 2018 | 2018-03-31 | $79.8M | — | — |
Magnolia Oil & Gas operating expenses trends
Over the last five fiscal years, Magnolia Oil & Gas's operating expenses decreased from $2.47B to $872.7M, a change of −$1.59B. The latest reported quarter, Q2 2026, shows $239.3M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Magnolia Oil & Gas source filings ↗