Magnolia Oil & Gas Corp
Magnolia Oil & Gas's GHG Emissions Data Preview
In 2024, Magnolia Oil & Gas completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).
However, Magnolia Oil & Gas has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Verified Sources Behind Magnolia Oil & Gas’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Magnolia Oil & Gas’s data sources below and access millions more through our Disclosure Search.
Insights into Magnolia Oil & Gas's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Magnolia Oil & Gas amounted to 641,492 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Magnolia Oil & Gas decreased by 0.63%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Magnolia Oil & Gas's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Magnolia Oil & Gas's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Magnolia Oil & Gas were 622,491 metric tons of CO₂ equivalent (tCO₂e). a
Has Magnolia Oil & Gas reduced its Scope 1 emissions over time?
Since 2019, Magnolia Oil & Gas's Scope 1 emissions have increased by 67.75%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Magnolia Oil & Gas's Scope 1 emissions remained relatively stable, indicating that Magnolia Oil & Gas's emissions have plateaued with no significant change in its operational footprint. a
What are Magnolia Oil & Gas's Scope 2 emissions?
In 2024, Magnolia Oil & Gas reported Scope 2 greenhouse gas (GHG) emissions of 19,001 tCO₂e without specifying the calculation method. a
Has Magnolia Oil & Gas reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Magnolia Oil & Gas's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Magnolia Oil & Gas 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Magnolia Oil & Gas use for Scope 2 reporting?
In 2024, Magnolia Oil & Gas reported its Scope 2 emissions using an unspecified methodology. a
Magnolia Oil & Gas's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Magnolia Oil & Gas’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Magnolia Oil & Gas reported Scope 1 greenhouse gas (GHG) emissions of 622,491 tCO₂e and total revenues of USD 1,316 millions. This translates into an emissions intensity of 473.06 tCO₂e per millions USD. a
Magnolia Oil & Gas's Scope 1 Emissions Intensity Compared to Peers
How does Magnolia Oil & Gas's GHG emissions intensity compare to its peers?
In 2024, Magnolia Oil & Gas reported a Scope 1 emissions intensity of 473.06 tCO₂e per millions USD. Compared to the peer group median of 326.86 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Magnolia Oil & Gas rank on GHG emissions intensity within its industry?
In 2024, Magnolia Oil & Gas ranked 16 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Magnolia Oil & Gas is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a