What is Magnolia Oil & Gas Corporation's deferred taxes?

Magnolia Oil & Gas Corporation (MGY) reported deferred taxes of $18.53M in Q1 2026.

What does deferred taxes mean?

This represents the net amount of income taxes that will be payable in future periods due to temporary differences between the carrying amount of assets and liabilities for financial reporting and their tax bases. It reflects the long-term tax impact of accounting choices and depreciation schedules. Investors use this to understand future tax obligations and the impact of tax timing on cash flow.

Magnolia Oil & Gas Corporation MGY Deferred Taxes

Deferred Taxes at other companies

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$6.87B+16.1%

Murphy OilMUR

$412.55M+17.1%

SM EnergySM

$315M-44.7%

MTD

Matador ResourcesMTDR

$1.02B+12.0%

Chord EnergyCHRD

$1.58B+3.7%

ConocoPhillipsCOP

——

Other financials

Income statement

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Revenue$358.5M+2.3%

Operating income$127.8M-5.9%

Net income$99.8M-3.0%

EPS (diluted)$0.540.0%

Balance sheet

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Cash & equivalents$124.4M-49.8%

Total debt$412.9M+0.4%

Total assets$2.9B+2.6%

Cash flow

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Operating cash flow$197.6M-12.0%

CapEx$17.7M—

Free cash flow$169.6M-59.8%

Valuation

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Market cap$4.88B+23.1%

Profitability

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Operating margin32.7%-6.2pp

Net margin24.4%-4.1pp

Returns & leverage

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Return on equity10.6%—

Debt / equity0.1×—

Current ratio1.1×-0.2×

Where this comes from

Reported directly by Magnolia Oil & Gas Corporation in its filing.

Tagged under the XBRL concept us-gaap:DeferredIncomeTaxLiabilitiesNet.

The official record: Magnolia Oil & Gas Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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What is Magnolia Oil & Gas Corporation's deferred taxes?: Magnolia Oil & Gas Corporation (MGY) reported deferred taxes of $18.53M in Q1 2026.
What does deferred taxes mean?: This represents the net amount of income taxes that will be payable in future periods due to temporary differences between the carrying amount of assets and liabilities for financial reporting and their tax bases. It reflects the long-term tax impact of accounting choices and depreciation schedules. Investors use this to understand future tax obligations and the impact of tax timing on cash flow.