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Magnolia Oil & Gas Corp

Common Name
Magnolia Oil & Gas
Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
252
Ticker
MGY
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Magnolia Oil & Gas Corp. is an independent oil and natural gas exploration and production company focused primarily on the prolific Eagle Ford Shale and Austin Chalk formations of South Texas. Its pri...

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)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Magnolia Oil & Gas’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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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.

a. Magnolia Oil & Gas's Sustainability Report 2025
b. Magnolia Oil & Gas's Sustainability Report 2024

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

2019202020212022202320240200 k400 k600 k800 ktCO2e+35%+11%+21%-7%-1%
  • 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.ab

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

20222023202405 k10 k15 k20 ktCO2e
  • 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

1050020,0002,000,000100,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000200,000Revenues (Millions of USD)Crescent EnergyYear: 2023Scope 1: 1,685,913 tCO2eRevenue: $M 2,383Scope 1 Intensity: 707.59 tCO2e/$MTalos EnergyYear: 2024Scope 1: 894,810 tCO2eRevenue: $M 1,974Scope 1 Intensity: 453.40 tCO2e/$MSM EnergyYear: 2024Scope 1: 887,972 tCO2eRevenue: $M 2,671Scope 1 Intensity: 332.41 tCO2e/$MComstock ResourcesYear: 2024Scope 1: 328,836 tCO2eRevenue: $M 1,254Scope 1 Intensity: 262.32 tCO2e/$MEQT CorpYear: 2024Scope 1: 661,557 tCO2eRevenue: $M 5,222Scope 1 Intensity: 126.68 tCO2e/$MGulfport EnergyYear: 2023Scope 1: 275,100 tCO2eRevenue: $M 1,051Scope 1 Intensity: 261.66 tCO2e/$MHessYear: 2024Scope 1: 2,000,000 tCO2eRevenue: $M 12,896Scope 1 Intensity: 155.09 tCO2e/$MTexas Pacific Land CorpYear: 2023Scope 1: 13,819 tCO2eRevenue: $M 632Scope 1 Intensity: 21.88 tCO2e/$MCNX ResourcesYear: 2024Scope 1: 484,380 tCO2eRevenue: $M 1,439Scope 1 Intensity: 336.56 tCO2e/$MDiamondback EnergyYear: 2024Scope 1: 2,776,675 tCO2eRevenue: $M 11,023Scope 1 Intensity: 251.90 tCO2e/$MNorthern Oil and GasYear: 2024Scope 1: 17 tCO2eRevenue: $M 2,154Scope 1 Intensity: 0.01 tCO2e/$MOccidental PetroleumYear: 2024Scope 1: 17,900,000 tCO2eRevenue: $M 26,725Scope 1 Intensity: 669.78 tCO2e/$MOvintivYear: 2024Scope 1: 4,669,988 tCO2eRevenue: $M 9,152Scope 1 Intensity: 510.27 tCO2e/$MPermian Resources HoldingsYear: 2024Scope 1: 2,293,371 tCO2eRevenue: $M 5,001Scope 1 Intensity: 458.61 tCO2e/$MMurphy OilYear: 2024Scope 1: 986,645 tCO2eRevenue: $M 3,019Scope 1 Intensity: 326.86 tCO2e/$MCalifornia ResourcesYear: 2024Scope 1: 4,467,797 tCO2eRevenue: $M 2,931Scope 1 Intensity: 1,524.33 tCO2e/$MAPA Corp (US)Year: 2024Scope 1: 6,225,000 tCO2eRevenue: $M 9,737Scope 1 Intensity: 639.31 tCO2e/$MCoterra EnergyYear: 2024Scope 1: 1,177,337 tCO2eRevenue: $M 5,458Scope 1 Intensity: 215.71 tCO2e/$MEOG ResourcesYear: 2024Scope 1: 6,000,000 tCO2eRevenue: $M 23,378Scope 1 Intensity: 256.65 tCO2e/$MRange ResourcesYear: 2024Scope 1: 195,199 tCO2eRevenue: $M 2,347Scope 1 Intensity: 83.17 tCO2e/$MConocoPhillipsYear: 2024Scope 1: 15,500,000 tCO2eRevenue: $M 54,745Scope 1 Intensity: 283.13 tCO2e/$MMatador ResourcesYear: 2024Scope 1: 1,368,227 tCO2eRevenue: $M 3,479Scope 1 Intensity: 393.29 tCO2e/$MMagnolia Oil & GasYear: 2024Scope 1: 622,491 tCO2eRevenue: $M 1,316Scope 1 Intensity: 473.06 tCO2e/$M

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 304.99, 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 18 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Magnolia Oil & Gas among the least efficient performers, with one of the highest emissions intensities in its sector.a

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