Magnolia Operating Income from 2010 to 2024

MGY Stock  USD 27.68  0.27  0.97%   
Magnolia Oil Operating Income yearly trend continues to be fairly stable with very little volatility. Operating Income will likely drop to about 310 M in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Magnolia Oil Gas generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2017-06-30
Previous Quarter
134.4 M
Current Value
129 M
Quarterly Volatility
388 M
 
Covid
Check Magnolia Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magnolia Oil's main balance sheet or income statement drivers, such as Tax Provision of 17.8 M, Depreciation And Amortization of 289.4 M or Interest Expense of 31.4 K, as well as many indicators such as Price To Sales Ratio of 3.47, Dividend Yield of 0.0116 or PTB Ratio of 1.66. Magnolia financial statements analysis is a perfect complement when working with Magnolia Oil Valuation or Volatility modules.
  
Check out the analysis of Magnolia Oil Correlation against competitors.

Latest Magnolia Oil's Operating Income Growth Pattern

Below is the plot of the Operating Income of Magnolia Oil Gas over the last few years. Operating Income is the amount of profit realized from Magnolia Oil Gas operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Magnolia Oil Gas is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Magnolia Oil's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magnolia Oil's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Magnolia Operating Income Regression Statistics

Arithmetic Mean182,518,950
Coefficient Of Variation197.07
Mean Deviation247,675,140
Median28,859,000
Standard Deviation359,687,638
Sample Variance129375.2T
Range1.6B
R-Value0.50
Mean Square Error104792.9T
R-Squared0.25
Significance0.06
Slope40,042,167
Total Sum of Squares1811252.8T

Magnolia Operating Income History

2024310 M
2023534.5 M
20221.1 B
2021602.6 M
2020-544.4 M
2019127.5 M
2018241.8 M

Other Fundumenentals of Magnolia Oil Gas

Magnolia Oil Operating Income component correlations

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0.950.120.470.820.980.720.62-0.760.960.760.730.770.61-0.45-0.48
0.320.12-0.340.170.17-0.25-0.37-0.250.17-0.22-0.320.230.560.360.54
0.220.47-0.34-0.010.310.070.020.10.260.170.44-0.080.26-0.57-0.36
0.910.820.17-0.010.920.910.84-0.990.950.920.740.990.27-0.46-0.55
0.990.980.170.310.920.810.7-0.871.00.830.740.880.54-0.45-0.5
0.740.72-0.250.070.910.810.99-0.860.840.980.850.880.0-0.57-0.76
0.630.62-0.370.020.840.70.99-0.790.740.950.80.8-0.11-0.54-0.78
-0.89-0.76-0.250.1-0.99-0.87-0.86-0.79-0.9-0.86-0.65-1.0-0.260.430.49
0.980.960.170.260.951.00.840.74-0.90.860.760.910.49-0.47-0.51
0.760.76-0.220.170.920.830.980.95-0.860.860.90.880.01-0.66-0.77
0.650.73-0.320.440.740.740.850.8-0.650.760.90.680.0-0.78-0.87
0.890.770.23-0.080.990.880.880.8-1.00.910.880.680.24-0.44-0.5
0.620.610.560.260.270.540.0-0.11-0.260.490.010.00.240.260.2
-0.35-0.450.36-0.57-0.46-0.45-0.57-0.540.43-0.47-0.66-0.78-0.440.260.76
-0.4-0.480.54-0.36-0.55-0.5-0.76-0.780.49-0.51-0.77-0.87-0.50.20.76
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About Magnolia Oil Financial Statements

Magnolia Oil investors use historical fundamental indicators, such as Magnolia Oil's Operating Income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Magnolia Oil. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income534.5 M310 M
Non Operating Income Net Other7.5 M7.9 M

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Additional Tools for Magnolia Stock Analysis

When running Magnolia Oil's price analysis, check to measure Magnolia Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magnolia Oil is operating at the current time. Most of Magnolia Oil's value examination focuses on studying past and present price action to predict the probability of Magnolia Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnolia Oil's price. Additionally, you may evaluate how the addition of Magnolia Oil to your portfolios can decrease your overall portfolio volatility.