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Magnolia Oil & Gas Corp
NYSE:MGY

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Magnolia Oil & Gas Corp Logo
Magnolia Oil & Gas Corp
NYSE:MGY
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Price: 25.46 USD -0.82% Market Closed
Updated: May 16, 2024

Gross Margin
Magnolia Oil & Gas Corp

83.9%
Current
86%
Average
35.9%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
83.9%
=
Gross Profit
1B
/
Revenue
1.2B

Gross Margin Across Competitors

Country US
Market Cap 5.2B USD
Gross Margin
84%
Country US
Market Cap 140.1B USD
Gross Margin
47%
Country CN
Market Cap 919B HKD
Gross Margin
47%
Country CA
Market Cap 110.1B CAD
Gross Margin
50%
Country US
Market Cap 73.6B USD
Gross Margin
63%
Country US
Market Cap 63B USD
Gross Margin
51%
Country US
Market Cap 48.1B USD
Gross Margin
74%
Country AU
Market Cap 53B AUD
Gross Margin
46%
Country US
Market Cap 34.7B USD
Gross Margin
78%
Country US
Market Cap 31.3B USD
Gross Margin
51%
Country US
Market Cap 27B USD
Gross Margin
92%

Profitability Report

View the profitability report to see the full profitability analysis for Magnolia Oil & Gas Corp.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
83.9%
=
Gross Profit
1B
/
Revenue
1.2B
What is the Gross Margin of Magnolia Oil & Gas Corp?

Based on Magnolia Oil & Gas Corp's most recent financial statements, the company has Gross Margin of 83.9%.