• Magnolia Oil & Gas Corp average ebitda margin for 2023 was 72.65%, a 6.54% decline from 2022.
• Magnolia Oil & Gas Corp average ebitda margin for 2022 was 77.73%, a 14.54% decline from 2021.
• Magnolia Oil & Gas Corp average ebitda margin for 2021 was 67.86%, a 130.55% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.