Magnolia Tax Provision from 2010 to 2025

MGY Stock  USD 25.12  0.21  0.83%   
Magnolia Oil Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision is likely to outpace its year average in 2025. Tax Provision is the amount set aside by Magnolia Oil Gas to cover any estimated taxes for the current period. It reflects Magnolia Oil's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
26.5 M
Current Value
22.2 M
Quarterly Volatility
25.6 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 100.6 M, Depreciation And Amortization of 307.9 M or Interest Expense of 15.1 M, as well as many indicators such as Price To Sales Ratio of 3.49, Dividend Yield of 0.0131 or PTB Ratio of 1.67. 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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Magnolia Oil Gas over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Magnolia Oil's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Magnolia Tax Provision Regression Statistics

Arithmetic Mean11,561,603
Coefficient Of Variation347.92
Mean Deviation22,947,079
Median2,741,000
Standard Deviation40,225,602
Sample Variance1618.1T
Range179.9M
R-Value0.47
Mean Square Error1356.8T
R-Squared0.22
Significance0.07
Slope3,939,192
Total Sum of Squares24271.5T

Magnolia Tax Provision History

2025100.6 M
202495.8 M
202317 M
20226.6 M
20218.9 M
2020-79.3 M
201914.8 M

About Magnolia Oil Financial Statements

Magnolia Oil investors use historical fundamental indicators, such as Magnolia Oil's Tax Provision, 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
Tax Provision95.8 M100.6 M

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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.