Magnolia Cost Of Revenue from 2010 to 2024

MGY Stock  USD 27.74  0.06  0.22%   
Magnolia Oil Cost Of Revenue yearly trend continues to be fairly stable with very little volatility. Cost Of Revenue will likely drop to about 369.5 M in 2024. During the period from 2010 to 2024, Magnolia Oil Cost Of Revenue regression line of annual values had r-squared of  0.62 and arithmetic mean of  223,859,133. View All Fundamentals
 
Cost Of Revenue  
First Reported
2017-06-30
Previous Quarter
159.7 M
Current Value
162.5 M
Quarterly Volatility
52.9 M
 
Covid
Check Magnolia Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magnolia Oil's main balance sheet or income statement drivers, such as Tax Provision of 17.8 M, Depreciation And Amortization of 289.4 M or Interest Expense of 31.4 K, as well as many indicators such as Price To Sales Ratio of 3.47, Dividend Yield of 0.0116 or PTB Ratio of 1.66. Magnolia financial statements analysis is a perfect complement when working with Magnolia Oil Valuation or Volatility modules.
  
Check out the analysis of Magnolia Oil Correlation against competitors.

Latest Magnolia Oil's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Magnolia Oil Gas over the last few years. Cost of Revenue is found on Magnolia Oil Gas income statement and represents the costs associated with goods and services Magnolia Oil provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Magnolia Oil's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magnolia Oil's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Magnolia Cost Of Revenue Regression Statistics

Arithmetic Mean223,859,133
Geometric Mean134,997,446
Coefficient Of Variation95.47
Mean Deviation187,718,293
Median81,640,000
Standard Deviation213,708,841
Sample Variance45671.5T
Range616.5M
R-Value0.79
Mean Square Error18574.3T
R-Squared0.62
Significance0.0005
Slope37,698,746
Total Sum of Squares639400.6T

Magnolia Cost Of Revenue History

2024369.5 M
2023534.1 M
2022439.4 M
2021335.6 M
2020405.7 M
2019666.8 M
201881.6 M

About Magnolia Oil Financial Statements

Magnolia Oil investors use historical fundamental indicators, such as Magnolia Oil's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Magnolia Oil. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue534.1 M369.5 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Magnolia Stock Analysis

When running Magnolia Oil's price analysis, check to measure Magnolia Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magnolia Oil is operating at the current time. Most of Magnolia Oil's value examination focuses on studying past and present price action to predict the probability of Magnolia Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnolia Oil's price. Additionally, you may evaluate how the addition of Magnolia Oil to your portfolios can decrease your overall portfolio volatility.