Magnolia Oil & Gas (NYSE:MGY) reported quarterly earnings of $0.99 per share which beat the analyst consensus estimate of $0.89 by 11.24 percent. This is a 141.46 percent increase over earnings of $0.41 per share from the same period last year. The company reported quarterly sales of $478.811 million which beat the analyst consensus estimate of $432.363 million by 10.74 percent. This is a 50.11 percent increase over sales of $318.981 million the same period last year.