Magnolia Oil & Gas (NYSE: MGY) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.52 by 3.85 percent. This is unchanged from the same period last year. The company reported quarterly sales of $358.511 million which beat the analyst consensus estimate of $345.203 million by 3.86 percent. This is a 2.34 percent increase over sales of $350.300 million the same period last year.