Magnolia Oil & Gas Corp (MGY) Deferred State and Local Income Tax Expense (Benefit)

Magnolia Oil & Gas Corp Deferred State and Local Income Tax Expense (Benefit)

Magnolia Oil & Gas Corp (MGY) reported Deferred State and Local Income Tax Expense (Benefit) of $1.24 million for the 3-month period ending 2026-06-30, per its 10-Q filed 2026-08-06.

Financial Statements › Expense Statement › Income Tax

us-gaap:DeferredStateAndLocalIncomeTaxExpenseBenefit · last filed 2026-08-06

• Magnolia Oil & Gas Corp deferred state and local income tax expense (benefit) for the quarter ending 2026-06-30 was $1.24M, a 83.66% increase year-over-year.
• Magnolia Oil & Gas Corp deferred state and local income tax expense (benefit) for the quarter ending 2026-03-31 was $905.00K, a 61.03% increase year-over-year.
• Magnolia Oil & Gas Corp deferred state and local income tax expense (benefit) for the quarter ending 2025-12-31 was $1.07M, a 18.28% increase year-over-year.
• Magnolia Oil & Gas Corp deferred state and local income tax expense (benefit) for the quarter ending 2025-09-30 was $243.00K, a 70.72% decline year-over-year.
• Magnolia Oil & Gas Corp deferred state and local income tax expense (benefit) for fiscal 2025 was $2.55M, a 6.90% decline from fiscal 2024.
• Magnolia Oil & Gas Corp deferred state and local income tax expense (benefit) for fiscal 2024 was $2.74M, a 62.77% increase from fiscal 2023.
• Magnolia Oil & Gas Corp deferred state and local income tax expense (benefit) for fiscal 2023 was $1.68M.
• Magnolia Oil & Gas Corp deferred state and local income tax expense (benefit) for fiscal 2022 was -$2.89M.