SELECT * FROM `stock_list` WHERE `symbol` = "MGY" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
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SELECT * FROM `stock_list` WHERE `symbol` = "MGY" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 MGY (Magnolia Oil & Gas) Selling, General, & Admin. Expense
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Magnolia Oil & Gas Corp (NYSE:MGY) » Definitions » Selling, General, & Admin. Expense

Magnolia Oil & Gas (Magnolia Oil & Gas) Selling, General, & Admin. Expense : $77 Mil (TTM As of Dec. 2023)


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What is Magnolia Oil & Gas Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Magnolia Oil & Gas's selling, general, & admin. expense for the three months ended in Dec. 2023 was $19 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was $77 Mil.


Magnolia Oil & Gas Selling, General, & Admin. Expense Historical Data

The historical data trend for Magnolia Oil & Gas's Selling, General, & Admin. Expense 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.

* Premium members only.

Magnolia Oil & Gas Selling, General, & Admin. Expense Chart

Magnolia Oil & Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 69.43 68.92 75.28 72.43 77.10

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
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.20 19.77 18.73 19.37 19.24

Competitive Comparison of Magnolia Oil & Gas's Selling, General, & Admin. Expense

For the Oil & Gas E&P subindustry, Magnolia Oil & Gas's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Magnolia Oil & Gas's Selling, General, & Admin. Expense Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Magnolia Oil & Gas's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Magnolia Oil & Gas's Selling, General, & Admin. Expense falls into.



Magnolia Oil & Gas Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $77 Mil.

* 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  (NYSE:MGY) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Magnolia Oil & Gas Selling, General, & Admin. Expense Related Terms

Thank you for viewing the detailed overview of Magnolia Oil & Gas's Selling, General, & Admin. Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Industry
Traded in Other Exchanges
N/A
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 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