Magnolia Oil & Gas Corporation MGY Oil And Gas Property Successful Effort Method Net
Oil And Gas Property Successful Effort Method Net at other companies
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Where this comes from
Reported directly by Magnolia Oil & Gas Corporation in its filing.
Tagged under the XBRL concept us-gaap:OilAndGasPropertySuccessfulEffortMethodNet.
The official record: Magnolia Oil & Gas Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Magnolia Oil & Gas Corporation's oil and gas property successful effort method net?
- Magnolia Oil & Gas Corporation (MGY) reported oil and gas property successful effort method net of $2.59B in Q1 2026.
- How has Magnolia Oil & Gas Corporation's oil and gas property successful effort method net changed year-over-year?
- Magnolia Oil & Gas Corporation's oil and gas property successful effort method net increased by 9.8% year-over-year, from $2.36B to $2.59B.
- What is the long-term trend for Magnolia Oil & Gas Corporation's oil and gas property successful effort method net?
- Over 5 years (2020 to 2025), Magnolia Oil & Gas Corporation's oil and gas property successful effort method net has grown at a 16.1% compound annual growth rate (CAGR), from $1.15B to $2.42B.
- What does oil and gas property successful effort method net mean?
- This is the net book value of oil and gas properties calculated by subtracting accumulated depreciation, depletion, and amortization from the gross capitalized costs. It represents the remaining unamortized investment in the company's producing and non-producing reserves. Investors use this to assess the current carrying value of the company's core resource assets.