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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt No Debt
MCF's Cash to Debt is ranked higher than
91% of the 857 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.73 vs. MCF: No Debt )
MCF' s 10-Year Cash to Debt Range
Min: 0.01   Max: No Debt
Current: No Debt

Equity to Asset 0.73
MCF's Equity to Asset is ranked higher than
86% of the 873 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.55 vs. MCF: 0.73 )
MCF' s 10-Year Equity to Asset Range
Min: 0.43   Max: 0.98
Current: 0.73

0.43
0.98
Interest Coverage No Debt
MCF's Interest Coverage is ranked higher than
87% of the 568 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 15.61 vs. MCF: No Debt )
MCF' s 10-Year Interest Coverage Range
Min: 1.12   Max: 9999.99
Current: No Debt

1.12
9999.99
F-Score: 7
Z-Score: 5.19
M-Score: -3.45
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) -21.01
MCF's Operating margin (%) is ranked higher than
71% of the 884 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 5.97 vs. MCF: -21.01 )
MCF' s 10-Year Operating margin (%) Range
Min: -8993.86   Max: 63.97
Current: -21.01

-8993.86
63.97
Net-margin (%) -7.64
MCF's Net-margin (%) is ranked higher than
74% of the 884 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 2.79 vs. MCF: -7.64 )
MCF' s 10-Year Net-margin (%) Range
Min: -1901.75   Max: 4666.67
Current: -7.64

-1901.75
4666.67
ROE (%) -2.32
MCF's ROE (%) is ranked higher than
76% of the 954 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -0.51 vs. MCF: -2.32 )
MCF' s 10-Year ROE (%) Range
Min: -28.83   Max: 75.12
Current: -2.32

-28.83
75.12
ROA (%) -1.69
MCF's ROA (%) is ranked higher than
76% of the 992 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -0.72 vs. MCF: -1.69 )
MCF' s 10-Year ROA (%) Range
Min: -27.8   Max: 42.82
Current: -1.69

-27.8
42.82
ROC (Joel Greenblatt) (%) -7.03
MCF's ROC (Joel Greenblatt) (%) is ranked higher than
73% of the 978 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -0.65 vs. MCF: -7.03 )
MCF' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -79.97   Max: 49.22
Current: -7.03

-79.97
49.22
Revenue Growth (%) -5.30
MCF's Revenue Growth (%) is ranked higher than
69% of the 661 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 11.20 vs. MCF: -5.30 )
MCF' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 511.3
Current: -5.3

0
511.3
EBITDA Growth (%) -49.30
MCF's EBITDA Growth (%) is ranked higher than
60% of the 606 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 4.90 vs. MCF: -49.30 )
MCF' s 10-Year EBITDA Growth (%) Range
Min: -49.3   Max: 206.9
Current: -49.3

-49.3
206.9
» MCF's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2013

MCF Guru Trades in Q1 2013

John Rogers 2,876,574 sh (+9.54%)
Chuck Royce 109,700 sh (+1.57%)
Jim Simons Sold Out
Joel Greenblatt Sold Out
» More
Q2 2013

MCF Guru Trades in Q2 2013

Diamond Hill Capital 201,381 sh (New)
John Rogers 2,930,904 sh (+1.89%)
Chuck Royce 109,700 sh (unchged)
» More
Q3 2013

MCF Guru Trades in Q3 2013

Jim Simons 20,200 sh (New)
Diamond Hill Capital 222,982 sh (+10.73%)
John Rogers 3,022,068 sh (+3.11%)
Chuck Royce 108,800 sh (-0.82%)
» More
Q4 2013

MCF Guru Trades in Q4 2013

Howard Marks 1,287,734 sh (New)
Diamond Hill Capital 284,454 sh (+27.57%)
John Rogers 3,025,777 sh (+0.12%)
Jim Simons Sold Out
Chuck Royce 105,200 sh (-3.31%)
» More
» Details

Insider Trades

Latest Guru Trades with MCF

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 Sold Out 0.13%$36.68 - $45.29 $ 48.1714%0
John Keeley 2012-12-31 Sold Out 0.4%$38.2 - $52.39 $ 48.175%0
Joel Greenblatt 2012-12-31 Add 81.84%0.06%$38.2 - $52.39 $ 48.175%51669
Tom Gayner 2012-09-30 Sold Out 0.11%$49.14 - $60.35 $ 48.17-15%0
Joel Greenblatt 2012-09-30 Reduce -22.69%0.04%$49.14 - $60.35 $ 48.17-15%28414
Joel Greenblatt 2012-06-30 New Buy0.16%$51.74 - $59.57 $ 48.17-12%36752
Tom Gayner 2012-06-30 Add 32.79%0.03%$51.74 - $59.57 $ 48.17-12%40500
Tom Gayner 2012-03-31 Reduce -49.59%0.09%$57.66 - $64.66 $ 48.17-17%30500
David Dreman 2011-12-31 Sold Out 0.53%$52.89 - $68.74 $ 48.17-21%0
David Dreman 2011-09-30 Reduce -43.75%0.33%$53.4 - $66.29 $ 48.17-20%384990
Joel Greenblatt 2011-09-30 Sold Out 0.1008%$53.4 - $66.29 $ 48.17-20%0
Joel Greenblatt 2011-06-30 New Buy0.1%$55.12 - $64.19 $ 48.17-19%12339
Tom Gayner 2011-06-30 Add 77.19%0.07%$55.12 - $64.19 $ 48.17-19%50500
Tom Gayner 2011-03-31 New Buy0.1%$56.7 - $61.52 $ 48.17-18%28500
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Contango Oil & Gas Company

John Rogers Comments on Contango Oil & Gas Co. - Dec 12, 2013

The most straightforward such example is Contango Oil & Gas Co. (MCF), which we own in our traditional mid-cap, small-to-mid cap, and small-cap portfolios, as well as in our deep value small cap portfolios. When we first purchased it in 2011, it focused exclusively on shallow-water Gulf of Mexico exploration and production, had an amazingly low-cost operation, virtually no debt, and thus very high cash flow. It was also quite disciplined in drilling only high opportunity locations. Since then the company has unfortunately seen its CEO and Founder, Ken Peak, depart for health reasons and later die. Moreover, it undertook a transformational acquisition, purchasing Crimson Exploration, which had become financially distressed. Its opportunities have now multiplied. And while its leverage has increased somewhat, the company continues to boast relatively low costs, minimal debt, and disciplined exploration. Across our domestic equity portfolios, we own several other companies whose profiles fit this mold.

From John Rogers' November 2013 commentary.
Check out John Rogers latest stock trades

John Rogers Comments on Contango Oil & Gas Co. - May 09, 2013

Also, natural gas exploration company Contango Oil & Gas Co. (MCF) fell -5.36% as the appetite for mergers and acquisitions in the industry lessened.

From John Rogers’ first quarter 2013 commentary.


Check out John Rogers latest stock trades

Top Ranked Articles about Contango Oil & Gas Company

Howard Marks' Top 5 New Buys
Widely followed investors Howard Marks (Trades, Portfolio) of Oaktree Capital (OAK) updated his fourth quarter portfolio today. Marks’ portfolio has a $5.4 billion fair value and contains 79 long positions. The guru introduced 12 new stocks during the fourth quarter, for 11% quarter-over-quarter turnover. Read more...
John Rogers Comments on Contango Oil & Gas Co.
The most straightforward such example is Contango Oil & Gas Co. (MCF), which we own in our traditional mid-cap, small-to-mid cap, and small-cap portfolios, as well as in our deep value small cap portfolios. When we first purchased it in 2011, it focused exclusively on shallow-water Gulf of Mexico exploration and production, had an amazingly low-cost operation, virtually no debt, and thus very high cash flow. It was also quite disciplined in drilling only high opportunity locations. Since then the company has unfortunately seen its CEO and Founder, Ken Peak, depart for health reasons and later die. Moreover, it undertook a transformational acquisition, purchasing Crimson Exploration, which had become financially distressed. Its opportunities have now multiplied. And while its leverage has increased somewhat, the company continues to boast relatively low costs, minimal debt, and disciplined exploration. Across our domestic equity portfolios, we own several other companies whose profiles fit this mold. Read more...
GuruFocus 5-year lows: Anworth Mortgage Asset Corporation, Contango Oil & Gas Company, Dendreon Corp, Sequenom Inc.
According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Anworth Mortgage Asset Corporation, Contango Oil & Gas Company, Dendreon Corp, Sequenom Inc. Read more...
John Rogers Comments on Contango Oil & Gas Co.
Natural gas producer Contango Oil & Gas Co. (MCF) slipped -15.81%, largely due to an acquisition. The company was also negatively affected by both the write down of a key reserve and a one-off maintenance on an important well. Clearly, however, the most important event was the acquisition of Crimson Exploration (CXPO). The market responded as if it were a surprise, but we did not think it one. That is, Contango had always operated with no debt, and eventually it would follow one of two paths: sell itself to a larger producer or use its balance sheet to acquire a distressed, leveraged competitor. In doing the latter, Contango emerges with more assets, more cash flows and yet has low leverage. We continue to admire the company and believe it to be quite cheap. Read more...
John Rogers Comments on Contango Oil & Gas Co.
Also, natural gas exploration company Contango Oil & Gas Co. (MCF) fell -5.36% as the appetite for mergers and acquisitions in the industry lessened. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 19.70
MCF's P/E(ttm) is ranked higher than
72% of the 469 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 21.70 vs. MCF: 19.70 )
MCF' s 10-Year P/E(ttm) Range
Min: 2.51   Max: 282.63
Current: 19.7

2.51
282.63
P/B 1.60
MCF's P/B is ranked higher than
65% of the 941 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.50 vs. MCF: 1.60 )
MCF' s 10-Year P/B Range
Min: 1.22   Max: 8.9
Current: 1.6

1.22
8.9
P/S 5.50
MCF's P/S is ranked lower than
63% of the 892 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 3.50 vs. MCF: 5.50 )
MCF' s 10-Year P/S Range
Min: 2.55   Max: 846
Current: 5.5

2.55
846
PFCF 26.10
MCF's PFCF is ranked higher than
58% of the 238 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 15.80 vs. MCF: 26.10 )
MCF' s 10-Year PFCF Range
Min: 2.09   Max: 82.14
Current: 26.1

2.09
82.14
EV-to-EBIT 33.30
MCF's EV-to-EBIT is ranked lower than
59% of the 639 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 17.12 vs. MCF: 33.30 )
MCF' s 10-Year EV-to-EBIT Range
Min: 3.9   Max: 86259.3
Current: 33.3

3.9
86259.3
Shiller P/E 9.00
MCF's Shiller P/E is ranked higher than
92% of the 321 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 24.56 vs. MCF: 9.00 )
MCF' s 10-Year Shiller P/E Range
Min: 6.58   Max: 214.55
Current: 9

6.58
214.55

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.70
MCF's Price/Tangible Book is ranked higher than
64% of the 919 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.60 vs. MCF: 1.70 )
MCF' s 10-Year Price/Tangible Book Range
Min: 1.06   Max: 6.57
Current: 1.7

1.06
6.57
Price/DCF (Projected) 1.00
MCF's Price/DCF (Projected) is ranked higher than
83% of the 263 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.70 vs. MCF: 1.00 )
MCF' s 10-Year Price/DCF (Projected) Range
Min: 0.71   Max: 11.88
Current: 1

0.71
11.88
Price/Median PS Value 1.00
MCF's Price/Median PS Value is ranked higher than
60% of the 821 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.90 vs. MCF: 1.00 )
MCF' s 10-Year Price/Median PS Value Range
Min: 0.16   Max: 68.17
Current: 1

0.16
68.17
Price/Graham Number 1.20
MCF's Price/Graham Number is ranked higher than
77% of the 460 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.40 vs. MCF: 1.20 )
MCF' s 10-Year Price/Graham Number Range
Min: 0.35   Max: 5.74
Current: 1.2

0.35
5.74
Earnings Yield (Greenblatt) 3.00
MCF's Earnings Yield (Greenblatt) is ranked higher than
50% of the 656 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 5.70 vs. MCF: 3.00 )
MCF' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.4   Max: 25.9
Current: 3

0.4
25.9
Forward Rate of Return (Yacktman) -22.09
MCF's Forward Rate of Return (Yacktman) is ranked higher than
71% of the 753 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -12.50 vs. MCF: -22.09 )
MCF' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -21.5   Max: 24.4
Current: -22.09

-21.5
24.4

Business Description

Industry: Oil & Gas - E&P » Oil & Gas E&P
Compare:OJSCY, APC, APA, HRTPY, SGTZY » details
Traded in other countries:C8K.Germany
Contango Oil & Gas Company is engaged in the exploration, development, production and acquisition of natural gas and oil properties offshore in the shallow waters of the Gulf of Mexico. The Company has a offshore interest in the Alta Resources Investments, LLC, whose primary area of focus is the liquids-rich Kaybob Duvernay in Alberta, Canada; Exaro Energy III LLC, which is primarily focused on the development of proved natural gas reserves in the Jonah Field in Wyoming; and the Tuscaloosa Marine Shale.

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