Magnolia Oil & Gas Corporation

NYSE MGY

Magnolia Oil & Gas Corporation Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2024

Magnolia Oil & Gas Corporation Return on Assets (ROA) is NA for the Trailing 12 Months (TTM) ending September 30, 2024. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Magnolia Oil & Gas Corporation Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2023 was 20.12%, a -50.46% change year over year.
Magnolia Oil & Gas Corporation Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2022 was 40.62%, a 107.72% change year over year.
Magnolia Oil & Gas Corporation Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2021 was 19.56%, a 131.07% change year over year.
Magnolia Oil & Gas Corporation Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2020 was -62.94%, a -3,023.64% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

NYSE: MGY

Magnolia Oil & Gas Corporation

CEO	Mr. Christopher G. Stavros
IPO Date	June 29, 2017
Location	United States
Headquarters	Nine Greenway Plaza
Employees	247
Sector	Energy
Industries Oil & Gas

Description

Magnolia Oil & Gas Corporation engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. Its properties are located primarily in Karnes County and the Giddings Field in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. As of December 31, 2021, the company's assets consisted of a total leasehold position of 4,71,263 net acres, including 23,785 net acres in Karnes and 4,47,478 net acres in the Giddings area, as well as holds 1,292 net wells with a total production capacity of 66.0 thousand barrels of oil equivalent per day. The company was incorporated in 2017 and is headquartered in Houston, Texas.

Key trends

Past 5 years