We have studied the long-term X-ray light curve (2-10 keV) of the luminous Seyfert 1 galaxy MCG-2-58-22 by compiling data, from various X-ray satellites, which together cover more than 20 years. We have found two distinct types of time variations in the light curve. One is a gradual and secular decrease of the X-ray flux, and the other is the episodic increase of X-ray flux (or flare) by a factor of 2-4 compared with the level expected from the secular variation. We detected 3 such flares in total; a representative duration for the flares is $~$2 years, with intervening quiescent intervals lasting $~$6-8 years. We discuss a few possible origins for these variabilities. Though a standard disk instability theory may explain the displayed time variability in the X-ray light curve, the subsequent accretions of stellar debris, from a tidal disruption event caused by a supermassive black hole in MCG-2-58-22, cannot be ruled out as an alternative explanation.