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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Magnolia Oil & Gas's retained earnings for the quarter that ended in Jun. 2026 was $1,186 Mil.
Magnolia Oil & Gas's quarterly retained earnings
increased
from Dec. 2025 ($965 Mil) to Mar. 2026 ($1,035 Mil) and
increased
from Mar. 2026 ($1,035 Mil) to Jun. 2026 ($1,186 Mil).
Magnolia Oil & Gas's annual retained earnings
increased
from Dec. 2023 ($486 Mil) to Dec. 2024 ($755 Mil) and
increased
from Dec. 2024 ($755 Mil) to Dec. 2025 ($965 Mil).
Magnolia Oil & Gas (NYSE:MGY) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Magnolia Oil & Gas Retained Earnings Historical Data
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The historical data trend for Magnolia Oil & Gas's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
Magnolia Oil & Gas (MGY) has a Retained Earnings of $1,186 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Magnolia Oil & Gas and its competitors.
Is Magnolia Oil & Gas' Retained Earnings too high?
Magnolia Oil & Gas' current Retained Earnings is $1,186 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' Retained Earnings compare to MUR and MTDR?
Magnolia Oil & Gas' Retained Earnings of $1,186 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 Retained Earnings for an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Magnolia Oil & Gas and its competitors. Magnolia Oil & Gas's current Retained Earnings is $1,186 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 $25.85 — trading 11.1% below its estimated fair value. The current Retained Earnings is $1,186 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 Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Magnolia Oil & Gas (MGY), the current Retained Earnings is $1,186 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 $25.85 is trading 11.1% below its estimated GF Value™ of $29.06.
GuruFocus considers Magnolia Oil & Gas to be Modestly Undervalued.
Key valuation signals for MGY:
Retained Earnings: $1,186 Mil
GF Value™: $29.06 vs. price of $25.85 (11.1% below fair value)
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 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
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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