Magnolia Other Operating Expenses from 2010 to 2024

MGY Stock  USD 27.68  0.27  0.97%   
Magnolia Oil Other Operating Expenses yearly trend continues to be fairly stable with very little volatility. Other Operating Expenses will likely drop to about 619 M in 2024. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2017-06-30
Previous Quarter
202.4 M
Current Value
204.1 M
Quarterly Volatility
131.9 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 Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Magnolia Oil Gas over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Magnolia Oil Gas. It is also known as Magnolia Oil overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Magnolia Oil's Other Operating Expenses 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.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Magnolia Other Operating Expenses Regression Statistics

Arithmetic Mean374,225,888
Geometric Mean232,474,634
Coefficient Of Variation89.35
Mean Deviation294,154,014
Median213,183,000
Standard Deviation334,354,339
Sample Variance111792.8T
Range996.8M
R-Value0.79
Mean Square Error44866T
R-Squared0.63
Significance0.0004
Slope59,216,362
Total Sum of Squares1565099.5T

Magnolia Other Operating Expenses History

2024619 M
2023692.5 M
2022620.7 M
2021475.8 M
20201.1 B
2019808.2 M
2018530.6 M

About Magnolia Oil Financial Statements

Magnolia Oil investors use historical fundamental indicators, such as Magnolia Oil's Other Operating Expenses, 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
Other Operating Expenses692.5 M619 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.