Magnolia Oil & Gas Corporation MGY Asset Retirement Obligation Accretion Expense
Asset Retirement Obligation Accretion Expense 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:AssetRetirementObligationAccretionExpense.
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 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 the liability for the future plugging, abandonment, and restoration of oil and gas properties. It is a non-cash expense that reflects the time value of money associated with long-term environmental obligations. Investors monitor this to understand the long-term liability profile and the eventual costs of decommissioning assets.