NYSEAMERICAN:MCFContango Oil & Gas Stock Price, Forecast & News

$2.63

-0.08 (-2.95 %)

(As of 05/27/2020 08:51 AM ET)

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Today's Range

$2.61

Now: $2.63▼

$2.78

50-Day Range

$0.91

MA: $1.21▼

$1.91

52-Week Range

$0.84

Now: $2.63▼

$4.79

Volume826,233 shs

Average Volume429,409 shs

Market Capitalization$339.44 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

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 and Wyoming in the United States. As of December 31, 2018, it had proved reserves of approximately 131.9 billion cubic feet equivalent, including 54.2 billion cubic feet of natural gas, 9.4 million barrels of crude oil and condensate, and 3.5 million barrels of natural gas liquids. The company is based in Houston, Texas.

Beat the Market (BTM) Rank^™

1.0 Analyst's Opinion

Consensus Rating
Contango Oil & Gas has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $1.95, Contango Oil & Gas has a potential downside of 25.9% from its current price of $2.63.
Amount of Analyst Coverage
Contango Oil & Gas has received no research coverage in the past 90 days.

2.5 Community Rank

Outperform Votes
Contango Oil & Gas has received 222 “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 50.11% “underperform” 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.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

0.70 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN

Industry Independent Oil & Gas

Sub-IndustryOil & Gas Exploration & Production

SectorBasic Materials

Current SymbolNYSEAMERICAN:MCF

Previous SymbolNYSEMKT:MCF

CUSIP21075N20

CIK1071993

Webwww.contango.com

Phone+1-713-2367400

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees46

Outstanding Shares129,066,000

Market Cap$339.44 million

Next Earnings Date5/27/2020 (Estimated)

OptionableOptionable

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

Do Wall Street analysts recommend investors buy shares of Contango Oil & Gas?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Contango Oil & Gas in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Contango Oil & Gas.

When is Contango Oil & Gas' next earnings date?

Contango Oil & Gas is scheduled to release its next quarterly earnings announcement on Wednesday, May 27th 2020. View our earnings forecast for Contango Oil & Gas.

How were Contango Oil & Gas' earnings last quarter?

Contango Oil & Gas (NYSEAMERICAN:MCF) posted its quarterly earnings data on Monday, March, 30th. The oil and natural gas company reported ($0.13) earnings per share for the quarter. The oil and natural gas company earned $37.19 million during the quarter. View Contango Oil & Gas' earnings history.

What price target have analysts set for MCF?

2 equities research analysts have issued 12-month price objectives for Contango Oil & Gas' shares. Their forecasts range from $1.40 to $2.50. On average, they anticipate Contango Oil & Gas' share price to reach $1.95 in the next year. This suggests that the stock has a possible downside of 25.9%. View analysts' price targets for Contango Oil & Gas.

Has Contango Oil & Gas been receiving favorable news coverage?

Press coverage about MCF stock has trended negative this week, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Contango Oil & Gas earned a news sentiment score of -2.8 on InfoTrie's scale. They also assigned news headlines about the oil and natural gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutContango Oil & Gas.

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), Concho Resources (CXO), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Noble Energy (NBL), Devon Energy (DVN), Marathon Oil (MRO), Apache (APA), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC) and Southwestern Energy (SWN). View all 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 (GTE), Ring Energy (REI), Ring Energy (REI), General Electric (GE), Enterprise Products Partners (EPD), Freeport-McMoRan (FCX), Wells Fargo & Co (WFC), Chesapeake Energy (CHK), Dominion Energy (D) and Kinder Morgan (KMI).

Who are Contango Oil & Gas' key executives?

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

Mr. E. Joseph Grady CPA, CFO & Sr. VP (Age 66)
Mr. Wilkie S. Colyer Jr., Interim Pres, CEO & Director (Age 34)
Mr. Michael J. Autin, VP of Operations (Age 60)
Mr. Sergio Castro, VP & Treasurer (Age 50)

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 a variety of retail and institutional investors. Top institutional shareholders include Deutsche Bank AG (3.89%), BlackRock Inc. (0.61%), Geode Capital Management LLC (0.45%), RR Advisors LLC (0.44%), Sunbelt Securities Inc. (0.43%) and Americana Partners LLC (0.22%). View institutional ownership trends for Contango Oil & Gas.

Which major investors are selling Contango Oil & Gas stock?

MCF stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc.. View insider buying and selling activity for Contango Oil & Gas.

Which major investors are buying Contango Oil & Gas stock?

MCF stock was acquired by a variety of institutional investors in the last quarter, including Deutsche Bank AG, RR Advisors LLC, Americana Partners LLC, Sunbelt Securities Inc., Morgan Stanley, Nicolet Advisory Services LLC, Mayfair Advisory Group LLC, and Jane Street Group LLC. View insider buying and selling activity for Contango Oil & Gas.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Contango Oil & Gas' stock price today?

One share of MCF stock can currently be purchased for approximately $2.63.

How big of a company is Contango Oil & Gas?

Contango Oil & Gas has a market capitalization of $339.44 million. Contango Oil & Gas employs 46 workers across the globe.

What is Contango Oil & Gas' official website?

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

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.

This page was last updated on 5/27/2020 by MarketBeat.com Staff