Magnolia Oil & Gas Corporation MGY Asset Retirement Obligation Accretion Expense
Asset Retirement Obligation Accretion Expense at other companies
Other financials
Where this comes from
Reported directly by Magnolia Oil & Gas Corporation in its filing.
Tagged under the XBRL concept us-gaap:AssetRetirementObligationAccretionExpense.
The official record: Magnolia Oil & Gas Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
Ask your AI about Magnolia Oil & Gas Corporation's asset retirement obligation accretion expense.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude
Questions, answered.
- What is Magnolia Oil & Gas Corporation's asset retirement obligation accretion expense?
- Magnolia Oil & Gas Corporation (MGY) reported asset retirement obligation accretion expense of $1.86M in Q1 2026.
- How has Magnolia Oil & Gas Corporation's asset retirement obligation accretion expense changed year-over-year?
- Magnolia Oil & Gas Corporation's asset retirement obligation accretion expense increased by 19.3% year-over-year, from $1.56M to $1.86M.
- What is the long-term trend for Magnolia Oil & Gas Corporation's asset retirement obligation accretion expense?
- Over 4 years (2021 to 2025), Magnolia Oil & Gas Corporation's asset retirement obligation accretion expense has grown at a 8.4% compound annual growth rate (CAGR), from $4.93M to $6.8M.
- What does asset retirement obligation accretion expense mean?
- This represents the periodic increase in the carrying amount of an asset retirement obligation due to the passage of time. It reflects the unwinding of the discount applied to the estimated future costs of plugging, abandoning, and restoring oil and gas well sites. This is a standard non-cash operating expense essential for understanding long-term environmental and regulatory liabilities.