NYSEAMERICAN:MCF

Contango Oil & Gas Stock Forecast, Price & News

$5.15

+0.22 (+4.46 %)

(As of 03/4/2021 12:00 AM ET)

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Today's Range

$4.90

Now: $5.15▼

$5.31

50-Day Range

$1.79

MA: $2.28▼

$2.60

52-Week Range

$0.84

Now: $5.15▼

$5.42

Volume1.79 million shs

Average Volume1.43 million shs

Market Capitalization$894.49 million

P/E RatioN/A

Dividend YieldN/A

Beta2.7

Contango Oil & Gas Company, an independent oil and natural gas company, acquires, explores, develops, exploits, and produces crude oil and natural gas properties in the shallow waters of the Gulf of Mexico and onshore properties in Texas, Oklahoma, Louisiana, and Wyoming in the United States. As of December 31, 2019, it had proved reserves of approximately 316.4 billion cubic feet equivalent, including 131.3 billion cubic feet of natural gas, 19.1 million barrels of crude oil and condensate, and 11.8 million barrels of natural gas liquids. The company was founded in 1986 and is based in Houston, Texas.

Headlines

Here's What Contango Oil & Gas Company's (NYSEMKT:MCF) Shareholder Ownership Structure Looks Like
March 1, 2021 | finance.yahoo.com

Why Centennial Resource Development, Antero Resources, and Contango Oil & Gas Rallied at the Open Today
February 16, 2021 | finance.yahoo.com

Contango Completes Acquisition of Silvertip Assets
February 1, 2021 | finance.yahoo.com

Contango Comments on DOI 60-Day Suspension of Leasing and Permitting on Federal Lands and Provides Update on Silvertip Acquisition Closing
January 25, 2021 | finance.yahoo.com

Contango Oil & Gas completes Mid-Con Energy Partners acquisition
January 22, 2021 | bizjournals.com

Contango Completes Acquisition of Mid-Con Energy Partners
January 21, 2021 | finance.yahoo.com

Contango Oil & Gas Company and Mid-Con Energy Partners, LP Announce Unitholder Consent Deadline and Anticipated Closing Date of Merger
December 21, 2020 | finance.yahoo.com

Contango Oil & Gas'(NYSEMKT:MCF) Share Price Is Down 75% Over The Past Five Years.
December 1, 2020 | finance.yahoo.com

Contango Announces Third Quarter 2020 Financial Results
November 16, 2020 | finance.yahoo.com

Lifshitz Law Firm, P.C. Announces Investigation of AMAG Pharmaceuticals, Inc., Contango Oil & Gas Company, Eaton Vance Corp., and MobileIron, Inc.
November 13, 2020 | finance.yahoo.com

Contango Announces Revision to the Schedule for its Third Quarter 2020 Earnings Conference Call
November 12, 2020 | finance.yahoo.com

Contango Announces Schedule for Third Quarter 2020 Earnings Release and Conference Call
November 11, 2020 | finance.yahoo.com

MID-CON ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of MCEP and Encourages Investors to Contact the Firm
October 27, 2020 | feeds.benzinga.com

SHAREHOLDER ALERT: WeissLaw LLP Investigates Mid-Con Energy Partners, L.P.
October 26, 2020 | finance.yahoo.com

Contango Oil & Gas, Mid-Con Energy Partners to combine, move HQ to DFW
October 26, 2020 | bizjournals.com

Mid-Con Energy Partners to merge with Contango Oil & Gas
October 26, 2020 | seekingalpha.com

Contango Oil & Gas: Keeping Score
September 24, 2020 | seekingalpha.com

Oil Extends Losses After First Sub-$40 Close Since Mid-June
September 9, 2020 | msn.com

Oil Extends Drop After Saudi Price Cuts Underscore Demand Fall
September 7, 2020 | msn.com

Oil Rally Expectations Deflate Despite Storage Draw
September 5, 2020 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN

Industry Crude petroleum & natural gas

Sub-IndustryOil & Gas Exploration & Production

SectorOils/Energy

Current SymbolNYSEAMERICAN:MCF

Previous SymbolNYSEMKT:MCF

CUSIP21075N20

CIK1071993

Webwww.contango.com

Phone+1-713-2367400

Employees124

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current Ratio0.53

Quick Ratio0.52

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$76.51 million

Price / Sales11.69

Cash Flow$0.12 per share

Price / Cash Flow42.81

Book Value$0.90 per share

Price / Book5.72

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-159,800,000.00

Net Margins-230.23%

Return on Equity-219.81%

Return on Assets-20.05%

Miscellaneous

Outstanding Shares173,688,000

Market Cap$894.49 million

Next Earnings Date3/29/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

0.50 out of 5 stars

Oils/Energy Sector

487th out of 668 stocks

Crude Petroleum & Natural Gas Industry

177th out of 247 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Contango Oil & Gas.

2.5 Community Rank

Outperform Votes
Contango Oil & Gas has received 223 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Contango Oil & Gas has received 223 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Contango Oil & Gas has received 50.00% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Contango Oil & Gas and other stocks. Vote “Outperform” if you believe MCF will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MCF will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Contango Oil & Gas does not currently pay a dividend.
Dividend Growth
Contango Oil & Gas does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Contango Oil & Gas insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 28.90% of the stock of Contango Oil & Gas is held by insiders.
Percentage Held by Institutions
Only 26.77% of the stock of Contango Oil & Gas is held by institutions.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Contango Oil & Gas is -2.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Contango Oil & Gas is -2.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Contango Oil & Gas has a P/B Ratio of 5.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$5.15

+0.22 (+4.46 %)

(As of 03/4/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Contango Oil & Gas (NYSEAMERICAN:MCF) Frequently Asked Questions

What stocks does MarketBeat like better than Contango Oil & Gas?

Wall Street analysts have given Contango Oil & Gas a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Contango Oil & Gas wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Contango Oil & Gas' next earnings date?

Contango Oil & Gas is scheduled to release its next quarterly earnings announcement on Monday, March 29th 2021.
View our earnings forecast for Contango Oil & Gas.

How were Contango Oil & Gas' earnings last quarter?

Contango Oil & Gas (NYSEAMERICAN:MCF) released its quarterly earnings results on Thursday, August, 9th. The oil and natural gas company reported ($0.19) earnings per share for the quarter, missing analysts' consensus estimates of ($0.18) by $0.01. The oil and natural gas company earned $18.45 million during the quarter, compared to analyst estimates of $17.42 million. Contango Oil & Gas had a negative net margin of 230.23% and a negative trailing twelve-month return on equity of 219.81%.
View Contango Oil & Gas' earnings history.

How has Contango Oil & Gas' stock been impacted by COVID-19 (Coronavirus)?

Contango Oil & Gas' stock was trading at $1.64 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MCF shares have increased by 214.0% and is now trading at $5.15.
View which stocks have been most impacted by COVID-19.

Who are Contango Oil & Gas' key executives?

Contango Oil & Gas' management team includes the following people:

Mr. Wilkie Schell Colyer Jr., CEO & Director (Age 36, Pay $313.48k)
Mr. E. Joseph Grady CPA, CFO, Sr. VP & Assistant Sec. (Age 68, Pay $410.72k)
Mr. Farley Dakan, Pres (Age 46)
Dr. Chad B. Roller Ph.D., Sr. VP & Chief Operating Officer (Age 44)
Mr. Charles L. McLawhorn III, Sr. VP, Gen. Counsel & Corp. Sec. (Age 44)

Who are some of Contango Oil & Gas' key competitors?

Some companies that are related to Contango Oil & Gas include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Devon Energy (DVN), Diamondback Energy (FANG), Continental Resources (CLR), Marathon Oil (MRO), Cabot Oil & Gas (COG), Cimarex Energy (XEC), EQT (EQT), PDC Energy (PDCE), Matador Resources (MTDR), Range Resources (RRC), Southwestern Energy (SWN) and SM Energy (SM).
View all of MCF's competitors.

What other stocks do shareholders of Contango Oil & Gas own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Contango Oil & Gas investors own include Gran Tierra Energy Inc. (GTE.TO) (GTE), CRISPR Therapeutics (CRSP), Enterprise Products Partners (EPD), General Electric (GE), Wells Fargo & Company (WFC), Exxon Mobil (XOM), Advanced Micro Devices (AMD), Freeport-McMoRan (FCX), QUALCOMM (QCOM) and AT&T (T).

What is Contango Oil & Gas' stock symbol?

Contango Oil & Gas trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "MCF."

Who are Contango Oil & Gas' major shareholders?

Contango Oil & Gas' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (4.32%), King Luther Capital Management Corp (4.31%), Cannell Capital LLC (1.85%), Americana Partners LLC (1.25%), Northern Trust Corp (0.64%) and Nuveen Asset Management LLC (0.24%).
View institutional ownership trends for Contango Oil & Gas.

Which institutional investors are selling Contango Oil & Gas stock?

MCF stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Barclays PLC, and Mraz Amerine & Associates Inc..
View insider buying and selling activity for Contango Oil & Gas or view top insider-selling stocks.

Which institutional investors are buying Contango Oil & Gas stock?

MCF stock was bought by a variety of institutional investors in the last quarter, including King Luther Capital Management Corp, BlackRock Inc., Cannell Capital LLC, Renaissance Technologies LLC, JPMorgan Chase & Co., Magnolia Capital Advisors LLC, Creative Planning, and Americana Partners LLC.
View insider buying and selling activity for Contango Oil & Gas or or view top insider-buying stocks.

How do I buy shares of Contango Oil & Gas?

Shares of MCF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Contango Oil & Gas' stock price today?

One share of MCF stock can currently be purchased for approximately $5.15.

How much money does Contango Oil & Gas make?

Contango Oil & Gas has a market capitalization of $894.49 million and generates $76.51 million in revenue each year.

How many employees does Contango Oil & Gas have?

Contango Oil & Gas employs 124 workers across the globe.

What is Contango Oil & Gas' official website?

The official website for Contango Oil & Gas is www.contango.com.

Where are Contango Oil & Gas' headquarters?

Contango Oil & Gas is headquartered at 717 Texas St Ste 2900, HOUSTON, TX 77002-2836, United States.

How can I contact Contango Oil & Gas?

Contango Oil & Gas' mailing address is 717 Texas St Ste 2900, HOUSTON, TX 77002-2836, United States. The oil and natural gas company can be reached via phone at +1-713-2367400 or via email at [email protected]

This page was last updated on 3/5/2021 by MarketBeat.com Staff

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