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CNX Resources vs Magnolia Oil & Gas: CNX and MGY compared
CNX Resources is the larger company: $580M of revenue in its latest quarter (Q3 2026) against $514M for Magnolia Oil & Gas (Q3 2026). Magnolia Oil & Gas is growing faster (+58% against -0.7% a year earlier). CNX Resources is more profitable, with an operating margin of 37.8% against 30.1%.
Where the money goes: CNX and MGY
CNX Resources (CNX) · Q3 2026
CNX Resources, Q3 2026: revenue $580M (-0.7% year over year), operating margin 37.8%, net earnings $165M, operating cash flow $254M. The chart follows the revenue to costs, profit and cash.
Magnolia Oil & Gas (MGY) · Q3 2026
Magnolia Oil & Gas, Q3 2026: revenue $514M (+58% year over year), operating margin 30.1%, net earnings $80.5M, operating cash flow $369M. The chart follows the revenue to costs, profit and cash.
| CNX Resources (CNX) | Magnolia Oil & Gas (MGY) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $580M | $514M |
| Revenue growth, Y/Y | -0.7% | +58% |
| Operating margin | 37.8% | 30.1% |
| Net earnings | $165M | $80.5M |
| Net margin | 28.5% | 15.7% |
| Operating cash flow | $254M | $369M |
| Free cash flow | $126M | $218M |
| Market value | $5.2B | $5.5B |
| P/E | 5.6× | 12.6× |
| Analysts’ mean target | $38.25 | $33.39 |
Where the revenue comes from
Magnolia Oil & Gas
- Oil revenues: $394M (77%)
- Natural gas liquids revenues: $75.4M (15%)
- Natural gas revenues: $43.4M (8%)
Questions
Which is bigger, CNX Resources or Magnolia Oil & Gas?
CNX Resources is the larger company: $580M of revenue in its latest quarter (Q3 2026) against $514M for Magnolia Oil & Gas (Q3 2026).
Is CNX Resources or Magnolia Oil & Gas growing faster?
Magnolia Oil & Gas is growing faster (+58% against -0.7% a year earlier).
Which is more profitable, CNX Resources or Magnolia Oil & Gas?
CNX Resources is more profitable, with an operating margin of 37.8% against 30.1%.
More: CNX Resources earnings · how CNX Resources makes money · Magnolia Oil & Gas earnings · how Magnolia Oil & Gas makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 29, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.