Magnolia Oil & Gas Corporation MGY Current ratio

Current ratio at other companies

EOG ResourcesEOG

1.7×-0.2×

ConocoPhillipsCOP

1.5×+0.3×

SM EnergySM

0.6×-0.1×

MTD

Matador ResourcesMTDR

0.7×-0.2×

Chord EnergyCHRD

1.2×+0.3×

Murphy OilMUR

0.9×0.0×

FAQ

What is Magnolia Oil & Gas Corporation's current ratio?

Magnolia Oil & Gas Corporation (MGY) reported current ratio of 1.6× in Q2 2026.

How has Magnolia Oil & Gas Corporation's current ratio changed year-over-year?

Magnolia Oil & Gas Corporation's current ratio increased by 9.7% year-over-year, from 1.4× to 1.6×.

What is the long-term trend for Magnolia Oil & Gas Corporation's current ratio?

Over 5 years (2020 to 2025), Magnolia Oil & Gas Corporation's current ratio has grown at a -6.8% compound annual growth rate (CAGR), from 2.2× to 1.5×.

What does current ratio mean?

Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.