Magnolia Oil & Gas Corp ROA 2018-2018 | MGY
Current and historical return on assets (ROA) values for Magnolia Oil & Gas Corp (MGY) over the last 10 years. Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets. Magnolia Oil & Gas Corp ROA for the three months ending December 31, 2018 was 5.07%.
|Magnolia Oil & Gas Corp ROA - Return on Assets Historical Data
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||Oil & Gas - US Exploration and Production
Magnolia Oil & Gas Corporation is an oil producer. The company's assets are located primarily in the Eagle Ford Shale and Austin Chalk formations in South Texas. Magnolia Oil & Gas Corporation, formerly known as TPG Pace Energy Holdings, is based in Houston, Texas.