Magnolia Oil & Gas Corp
NYSE:MGY

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Magnolia Oil & Gas Corp
NYSE:MGY
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Price: 24.88 USD 2.47% Market Closed
Market Cap: 4.9B USD

Magnolia Oil & Gas Corp
Total Current Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Magnolia Oil & Gas Corp
Total Current Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Current Assets CAGR 3Y CAGR 5Y CAGR 10Y
Magnolia Oil & Gas Corp
NYSE:MGY
Total Current Assets
$415.2m
CAGR 3-Years
3%
CAGR 5-Years
7%
CAGR 10-Years
N/A
Hess Corp
NYSE:HES
Total Current Assets
$3.7B
CAGR 3-Years
-2%
CAGR 5-Years
2%
CAGR 10-Years
-8%
EOG Resources Inc
NYSE:EOG
Total Current Assets
$10.2B
CAGR 3-Years
11%
CAGR 5-Years
16%
CAGR 10-Years
8%
Texas Pacific Land Corp
NYSE:TPL
Total Current Assets
$709m
CAGR 3-Years
16%
CAGR 5-Years
18%
CAGR 10-Years
37%
Diamondback Energy Inc
NASDAQ:FANG
Total Current Assets
$2B
CAGR 3-Years
11%
CAGR 5-Years
19%
CAGR 10-Years
30%
Conocophillips
NYSE:COP
Total Current Assets
$14B
CAGR 3-Years
-12%
CAGR 5-Years
-2%
CAGR 10-Years
-1%

Magnolia Oil & Gas Corp
Glance View

Market Cap
4.9B USD
Industry
Energy

Magnolia Oil & Gas Corp., a relatively young player in the energy sector, stands out with its focused operations and strategic presence in the rich oil and natural gas fields of South Texas. The company, headquartered in Houston, operates primarily in the Giddings and Karnes county regions, regions known for their prolific hydrocarbon resources. Driven by a commitment to efficient and sustainable production practices, Magnolia leverages the latest drilling technologies and techniques to maximize the output from their wells. The company benefits from a significant amount of technically low risk, high-return investment opportunities, allowing it to maintain robust economic returns even during periods of fluctuating commodity prices. Underpinning its operational strategy, Magnolia deploys a disciplined capital allocation model, meticulously focusing on achieving high returns on capital, sustaining low financial leverage, and maintaining strong cash flow distribution to shareholders. The company’s revenues are generated by extracting and selling crude oil, natural gas, and natural gas liquids — commodities that are in continuous demand and central to everyday energy needs. With a keen eye on market dynamics and cost management, Magnolia meticulously balances growth aspirations with shareholder returns, operating on a business model that thrives on boosted operational efficiency and strategic risk management. This approach not only ensures steady cash distributions to its shareholders but also reinforces its competitive stance in the dynamic oil and gas industry.

MGY Intrinsic Value
HIDDEN
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See Also

What is Magnolia Oil & Gas Corp's Total Current Assets?
Total Current Assets
415.2m USD

Based on the financial report for Sep 30, 2024, Magnolia Oil & Gas Corp's Total Current Assets amounts to 415.2m USD.

What is Magnolia Oil & Gas Corp's Total Current Assets growth rate?
Total Current Assets CAGR 5Y
7%

Over the last year, the Total Current Assets growth was -48%. The average annual Total Current Assets growth rates for Magnolia Oil & Gas Corp have been 3% over the past three years , 7% over the past five years .

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