Magnolia Oil & Gas (MGY)

Total assets on the balance sheet as of September 2024 : $2.81 Billion USD

According to Magnolia Oil & Gas's latest financial reports the company's total assets are $2.81 Billion USD. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

Magnolia Oil & Gas - Total assets on balance sheet (from 2017 to 2024)

Total assets by year

Year	Total assets	Change
2023-12-31	$2.75 B	7.14%
2022-12-31	$2.57 B	47.28%
2021-12-31	$1.74 B	20.18%
2020-12-31	$1.45 B	-58.07%
2019-12-31	$3.46 B	0.96%
2018-12-31	$3.43 B	103.29%
2017-12-31	$1.68 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Magnolia Oil & Gas (MGY) - Total assets