Magnolia Oil & Gas (Magnolia Oil & Gas) Accounts Payable : $193 Mil (As of Dec. 2023)

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What is Magnolia Oil & Gas Accounts Payable?

Magnolia Oil & Gas's Accounts Payable for the quarter that ended in Dec. 2023 was $193 Mil.

Magnolia Oil & Gas's quarterly Accounts Payable increased from Jun. 2023 ($166 Mil) to Sep. 2023 ($183 Mil) and increased from Sep. 2023 ($183 Mil) to Dec. 2023 ($193 Mil).

Magnolia Oil & Gas's annual Accounts Payable increased from Dec. 2021 ($128 Mil) to Dec. 2022 ($203 Mil) but then declined from Dec. 2022 ($203 Mil) to Dec. 2023 ($193 Mil).

Magnolia Oil & Gas Accounts Payable Historical Data

The historical data trend for Magnolia Oil & Gas's Accounts Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Magnolia Oil & Gas Accounts Payable Chart

Magnolia Oil & Gas Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable

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79.43

62.63

127.91

202.85

193.21

Magnolia Oil & Gas Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable	Get a 7-Day Free Trial															202.85	190.81	166.23	183.34	193.21

Magnolia Oil & Gas Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Magnolia Oil & Gas Accounts Payable Related Terms

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Magnolia Oil & Gas (Magnolia Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Magnolia Oil & Gas Corp (NYSE:MGY) » Definitions » Accounts Payable

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Traded in Other Exchanges

N/A

Address

Nine Greenway Plaza, Suite 1300, Houston, TX, USA, 77046

Website

https://www.magnoliaoilgas.com

Magnolia Oil & Gas Corp is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquid (NGL) reserves. The Company's oil and natural gas properties are located in Karnes County and the Giddings area in South Texas, where the Company targets the Eagle Ford Shale and Austin Chalk formations. Its objective is to generate stock market value over the long term through consistent organic production growth, high full-cycle operating margins, and an efficient capital program with short economic paybacks. The company's operating segment is acquisition, development, exploration, and production of oil and natural gas properties located in the United States.

Executives

James R Larson	director	CSI COMPRESSCO LP, 1735 HUGHES LANDING BLVD STE 200, THE WOODLANDS TX 77380
Enervest, Ltd.	director, 10 percent owner	1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
John B Walker	director, 10 percent owner	NINE GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Brian Corales	officer: SVP & Chief Financial Officer	C/O MAGNOLIA OIL & GAS CORPORATION, NINE GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Stephen I Chazen	director, officer: Chairman, President & CEO	1700 E. PUTNAM AVE, SUITE 500, OLD GREENWICH CT 06870
Enervest Energy Institutional Fund Xiv-c, L.p.	10 percent owner	1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Angela M Busch	director	1 ECOLAB PLACE, SAINT PAUL MN 55102
Enervest Management Gp, L.c.	10 percent owner	1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Investment Services, L.l.c.	10 percent owner	1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-wic, L.p.	10 percent owner	1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-3a, L.p.	10 percent owner	1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-2a, L.p.	10 percent owner	1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-a, L.p.	10 percent owner	1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-c-aiv, L.p.	10 percent owner	1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Michael G. Macdougall	director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102