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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
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Insights into Magnolia Oil & Gas's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofMagnolia Oil & Gas amounted to641,492metric 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 & Gasdecreased 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 COâ‚‚ equivalent (tCOâ‚‚e).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 tCOâ‚‚e 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 tCOâ‚‚e and total revenues of USD 1,316 millions. This translates into an emissions intensity of 473.06 tCOâ‚‚e 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 tCOâ‚‚e 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 tCOâ‚‚e 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