MGY (Magnolia Oil & Gas) Construction In Progress: $0 Mil (As of Jun. 2026)

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MGY Magnolia Oil & Gas Corp MGY
93 GF Score
Price $26.09
GF Value $29.06
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Magnolia Oil & Gas Construction In Progress?

Magnolia Oil & Gas MGY +4.03% 93 Construction In Progress is $0 Mil as of Jun. 2026. GuruFocus rates MGY with a GF Score™ of 93/100 and a GF Value™ of $29.06 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Magnolia Oil & Gas Construction In Progress Historical Data

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The historical data trend for Magnolia Oil & Gas's Construction In Progress 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.

Magnolia Oil & Gas Construction In Progress Chart

Magnolia Oil & Gas Annual Data
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Construction In Progress
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Magnolia Oil & Gas Quarterly Data
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MGY
93GF Score
Magnolia Oil & Gas Corp MGY
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Magnolia Oil & Gas Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $0 Mil mean?
Magnolia Oil & Gas (MGY) has a Construction In Progress of $0 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Magnolia Oil & Gas and its competitors.
Is Magnolia Oil & Gas' Construction In Progress too high?
Magnolia Oil & Gas' current Construction In Progress is $0 Mil. Overall, Magnolia Oil & Gas has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Magnolia Oil & Gas' Construction In Progress compare to MUR and MTDR?
Magnolia Oil & Gas' Construction In Progress of $0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Magnolia Oil & Gas and its competitors. Magnolia Oil & Gas's current Construction In Progress is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnolia Oil & Gas stock overvalued right now?
Based on GuruFocus' analysis, Magnolia Oil & Gas (MGY) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.06, compared to a current price of $26.09 — trading 10.2% below its estimated fair value. The current Construction In Progress is $0 Mil. Magnolia Oil & Gas' overall GF Score™ is 93/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Magnolia Oil & Gas (MGY), the current Construction In Progress is $0 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Magnolia Oil & Gas (MGY) Overvalued in 2026?

Based on GuruFocus' analysis, Magnolia Oil & Gas stock appears to be undervalued. The current stock price of $26.09 is trading 10.2% below its estimated GF Value™ of $29.06. GuruFocus considers Magnolia Oil & Gas to be Modestly Undervalued.

Key valuation signals for MGY:

  • Construction In Progress: $0 Mil
  • GF Value™: $29.06 vs. price of $26.09 (10.2% below fair value)
  • GF Score™: 93/100 with 2 warning signs

No single metric tells the full story. See the MGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Magnolia Oil & Gas Business Description

Industry EnergyOil & Gas
Address Nine Greenway Plaza, Suite 1300, Houston, TX, USA, 77046
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 liquids (NGL) reserves. The company's oil and natural gas properties are located in Karnes County and the Giddings area of South Texas, where it targets the Eagle Ford Shale and Austin Chalk formations. It focuses on generating value for shareholders by delivering steady, moderate annual production growth resulting from its capital spending philosophy. The company operates in only one segment and derives the majority of its revenue from the sale of crude oil, natural gas, and natural gas liquids (NGLs).
93GF Score

Get the complete analysis for MGY

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.09
Price
$29.06
GF Value