Interim CEO of Contango Oil and Gas Co (MCF) John B Juneau buys 8,986 shares of MCF on 10/08/2008 at an average price of $40.42 a share.

Contango Oil & Gas Company has a market cap of $922.2 million; its shares were traded at around $54.96 with a P/E ratio of 13.9 and P/S ratio of 4.5.

CFO Recent Trades:

• CFO Sergio Castro sold 3,159 shares of MCF stock on 02/21/2012 at the average price of 64.38. Sergio Castro owns at least 3,000 shares after this. The price of the stock has decreased by 14.63% since.

This is the insider trade history vs. stock price of MCF. For the complete insider trading history of MCF, click here.

Directors and Officers Recent Trades:

• Vice President and Controller Yaroslava Makalskaya bought 125 shares of MCF stock on 05/31/2012 at the average price of 52.5. Yaroslava Makalskaya owns at least 875 shares after this. The price of the stock has increased by 4.69% since.
• Vice President and Controller Yaroslava Makalskaya bought 500 shares of MCF stock on 05/14/2012 at the average price of 54. Yaroslava Makalskaya owns at least 750 shares after this. The price of the stock has increased by 1.78% since.
• Vice President of Operations Charles A. Cambron bought 1,800 shares of MCF stock on 05/09/2012 at the average price of 54.42. Charles A. Cambron owns at least 1,800 shares after this. The price of the stock has increased by 0.99% since.
• SEARCO Marc Duncan sold 4,040 shares of MCF stock on 02/27/2012 at the average price of 64.66. Marc Duncan owns at least 8,250 shares after this. The price of the stock has decreased by 15% since.

For the complete insider trading history of MCF, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool