Magnolia (MGY) Declines 8.5% Despite Beating on Q3 Earnings Posted byZacks Equity Research November 25, 2021 Leave a comment on Magnolia (MGY) Declines 8.5% Despite Beating on Q3 Earnings Magnolia’s (MGY) average realized natural gas price during the third quarter surges 137.3% year over year to $3.75 per thousand cubic feet.