Magnolia Oil & Gas
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Magnolia Oil & Gas's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 28% to $1,226,979,000. Profit margin reached 32%. Total operating expenses were $167,886,000.
Profit Margin
| 2016 | 110.92M | 21.47M | 19.36% |
|---|---|---|---|
| 2017 | 403.19M | 178.87M | 44.36% |
| 2018 | 882.40M | 301.00M | 34.11% |
| 2019 | 936.14M | 85.00M | 9.08% |
| 2020 | 534.50M | -1.86B | -349.67% |
| 2021 | 1.07B | 559.71M | 51.9% |
| 2022 | 1.69B | 893.83M | 52.75% |
| 2023 | 1.22B | 388.30M | 31.65% |
MGY Income Statement (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||
Revenue | 1.22B | 1.69B | 1.07B | 534.50M | 936.14M | 882.40M | 403.19M | 110.92M |
Cost of revenue | 534.09M | 439.41M | 335.59M | 405.69M | 666.78M | 81.64M | 173.49M | 50.24M |
Gross profit | 692.88M | 1.25B | 742.76M | 128.81M | 269.35M | 800.76M | 229.70M | 60.68M |
Operating exp. | ||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 12.37M | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 167.88M | 181.28M | 140.16M | 673.21M | 141.41M | 449.00M | 39.69M | 31.82M |
Operating income | 534.48M | 1.07B | 602.59M | -544.40M | 127.50M | 241.79M | 190.01M | 28.85M |
Other income (expenses), net | 15.32M | -16.89M | -34.02M | -22.65M | -27.73M | 72.45M | -8.39M | -6.71M |
Income before tax | 549.81M | 1.05B | 568.56M | -1.94B | 99.76M | 314.24M | 181.61M | 22.14M |
Income tax expense | 107.20M | 6.63M | 8.85M | -79.34M | 14.76M | 13.24M | 2.74M | 673K |
Net income | 388.30M | 893.83M | 559.71M | -1.86B | 85.00M | 301.00M | 178.87M | 21.47M |
Earnings per share | ||||||||
Basic EPS | 2.04 | 4.73 | 3.21 | -11.24 | 0.53 | 1.92 | 2.2 | 0.29 |
Diluted EPS | 2.04 | 4.71 | 3.19 | -11.24 | 0.51 | 1.9 | 2.2 | 0.29 |
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