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Also traded in: Germany

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 : 4/10

vs
industry
vs
history
Equity-to-Asset 0.62
MCF's Equity-to-Asset is ranked higher than
60% of the 413 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.53 vs. MCF: 0.62 )
Ranked among companies with meaningful Equity-to-Asset only.
MCF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43  Med: 0.67 Max: 0.98
Current: 0.62
0.43
0.98
Debt-to-Equity 0.31
MCF's Debt-to-Equity is ranked higher than
70% of the 284 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.51 vs. MCF: 0.31 )
Ranked among companies with meaningful Debt-to-Equity only.
MCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01  Med: 0.2 Max: 1.21
Current: 0.31
0.01
1.21
Piotroski F-Score: 6
Altman Z-Score: 0.58
Beneish M-Score: -3.66
WACC vs ROIC
9.94%
-13.27%
WACC
ROIC
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 : 5/10

vs
industry
vs
history
Operating Margin % -51.39
MCF's Operating Margin % is ranked lower than
66% of the 424 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -21.78 vs. MCF: -51.39 )
Ranked among companies with meaningful Operating Margin % only.
MCF' s Operating Margin % Range Over the Past 10 Years
Min: -325.28  Med: 32.99 Max: 63.97
Current: -51.39
-325.28
63.97
Net Margin % -42.60
MCF's Net Margin % is ranked lower than
62% of the 422 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -26.96 vs. MCF: -42.60 )
Ranked among companies with meaningful Net Margin % only.
MCF' s Net Margin % Range Over the Past 10 Years
Min: -287.58  Med: 10.83 Max: 220.52
Current: -42.6
-287.58
220.52
ROE % -14.70
MCF's ROE % is ranked lower than
64% of the 413 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -8.01 vs. MCF: -14.70 )
Ranked among companies with meaningful ROE % only.
MCF' s ROE % Range Over the Past 10 Years
Min: -83.21  Med: 5.46 Max: 118
Current: -14.7
-83.21
118
ROA % -9.11
MCF's ROA % is ranked lower than
61% of the 498 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -6.75 vs. MCF: -9.11 )
Ranked among companies with meaningful ROA % only.
MCF' s ROA % Range Over the Past 10 Years
Min: -53.18  Med: 3.67 Max: 68.15
Current: -9.11
-53.18
68.15
ROC (Joel Greenblatt) % -8.90
MCF's ROC (Joel Greenblatt) % is ranked lower than
58% of the 470 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -7.27 vs. MCF: -8.90 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
MCF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -72.19  Med: 9.54 Max: 51.53
Current: -8.9
-72.19
51.53
3-Year Revenue Growth Rate -24.10
MCF's 3-Year Revenue Growth Rate is ranked lower than
55% of the 364 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -21.40 vs. MCF: -24.10 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
MCF' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: 0  Med: 0.6 Max: 499.6
Current: -24.1
0
499.6
3-Year EBITDA Growth Rate -22.40
MCF's 3-Year EBITDA Growth Rate is ranked lower than
51% of the 305 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -21.10 vs. MCF: -22.40 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
MCF' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -49.3  Med: -14.4 Max: 206.1
Current: -22.4
-49.3
206.1
3-Year EPS without NRI Growth Rate 61.80
MCF's 3-Year EPS without NRI Growth Rate is ranked higher than
86% of the 262 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -9.50 vs. MCF: 61.80 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
MCF' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -31.3  Med: 5.8 Max: 61.8
Current: 61.8
-31.3
61.8
GuruFocus has detected 4 Warning Signs with Contango Oil & Gas Co $MCF.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» MCF's 30-Y Financials

Financials (Next Earnings Date: 2017-11-03 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q3 2016

MCF Guru Trades in Q3 2016

Howard Marks 1,296,813 sh (unchged)
John Rogers 3,824,759 sh (-3.57%)
Jim Simons 50,400 sh (-66.90%)
» More
Q4 2016

MCF Guru Trades in Q4 2016

Howard Marks 1,296,813 sh (unchged)
John Rogers 3,727,380 sh (-2.55%)
Jim Simons 32,100 sh (-36.31%)
» More
Q1 2017

MCF Guru Trades in Q1 2017

Howard Marks 1,296,813 sh (unchged)
Jim Simons Sold Out
John Rogers 3,481,046 sh (-6.61%)
» More
Q2 2017

MCF Guru Trades in Q2 2017

Howard Marks 1,296,813 sh (unchged)
John Rogers 3,313,130 sh (-4.82%)
» More
» Details

Insider Trades

Latest Guru Trades with MCF

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Rogers 2017-06-30 Reduce -4.82%0.01%$5.95 - $7.88 $ 5.13-27%3,313,130
John Rogers 2017-03-31 Reduce -6.61%0.03%$5.92 - $9.78 $ 5.13-35%3,481,046
John Rogers 2016-12-31 Reduce -2.55%0.01%Premium Member Access $9.34 $ 5.13-45%3,727,380
John Rogers 2016-12-31 Reduce -2.55%0.01%$7.66 - $11.58 $ 5.13-46%3,727,380
John Rogers 2016-09-30 Reduce -3.57%0.02%$8.57 - $12.75 $ 5.13-50%3,824,759
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
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Business Description

Industry: Oil & Gas - E&P » Oil & Gas E&P    NAICS: 211111    SIC: 1311
Compare:NYSE:NDRO, AMEX:GDP, NAS:PNRG, LSE:DGOC, NAS:LGCY, AMEX:GST, NYSE:JONE, NYSE:CRK, NYSE:CRT, OTCPK:APHE, NYSE:SDR, NAS:TRCH, NYSE:GNE, NAS:ZN, NYSE:HGT, NAS:LONE, NYSE:PER, NYSE:MVO, ASX:FDM, NYSE:ROYT » details
Traded in other countries:C8K.Germany,
Headquarter Location:USA
Contango Oil & Gas Company is an independent energy company. It is engaged in the exploration, development, production and acquisition of crude oil, natural gas and natural gas liquids reserves in the Gulf of Mexico.

Contango Oil & Gas Company was incorporated in August 1986. The Company along with its subsidiaries is engaged in the exploration, development, production and acquisition of natural gas and oil properties both onshore and offshore waters of the Gulf of Mexico. Its onshore operations are concentrated in the U.S. Gulf Coast Region with over 400 producing wells located in the Woodbine formation in Southeast Texas, the Eagle Ford and Buda formations in South Texas, the Haynesville Shale, Mid-Bossier and James Lime Plays in East Texas, the Denver Julesburg Basin in Colorado, and in various conventional fields located along the Texas Gulf Coast. It also owns approximately 29,000 undeveloped acres in the developing Tuscaloosa Marine Shale play in Louisiana and Mississippi. Its offshore operations are concentrated in the Gulf of Mexico and consist of 13 Company-operated wells and four production platforms. The Company is subject to various industry regulations such as crude oil, natural gas and natural gas liquids exploration and production regulations. In addition, it is also subject to regulation of sales and transportation of natural gas. The Company is also subject to environmental regulations.

Guru Investment Theses on Contango Oil & Gas Co

John Rogers Comments on Contango Oil & Gas Co. - Oct 21, 2016

In addition, natural resources firm Contango Oil & Gas Co. (MCF) dropped -16.50% due to a significant earnings miss. Analysts were expecting the company to lose $0.33 per share, but Contango lost $0.67. Revenues were down significantly versus the previous year, largely due to the slide in the price of oil. Despite the miss, the company has managed to reduce its debt balance to $111 million—a 4% decrease—this year. We think the company is better positioned than most of its peers, and as such believe the stock is positioned to outperform going forward.



From John Rogers (Trades, Portfolio)' Ariel Fund third-quarter 2016 commentary.

Check out John Rogers latest stock trades

John Rogers Comments on Contango Oil & Gas Co. - Apr 21, 2016

In addition, natural resources exploration and production company Contango Oil & Gas Co. (MCF) gained +83.93% as the price of oil recovered during the quarter. There was no other significant news beyond oil’s rebound—which was good news enough for Contango. Crude oil started 2016 at close to $37 per barrel, sank to a low of $26 in mid-February, then marched back above $40 before settling back a bit. Although the commodity essentially was flat, the rebound showed its year-and-a-half long slide has perhaps found a floor. We continue to think Contango has unrecognized value.

From John Rogers (Trades, Portfolio)' first quarter 2016 Ariel Discovery Fund Commentary.

Check out John Rogers latest stock trades

Top Ranked Articles about Contango Oil & Gas Co

Contango Announces Schedule for Second Quarter Earnings and Operations Release
Contango Updates Southern Delaware Basin Operations
Contango Announces Schedule for First Quarter Earnings and Operations Release
Contango to Present at Upcoming Conference

HOUSTON, March 27, 2017 (GLOBE NEWSWIRE) -- Contango Oil & Gas Company ( MKT:MCF) announced today that the Company will be presenting at the 23rd Annual Oil & Gas Investment Symposium (OGIS) in New York City on Monday, April 3, 2017 at 4:40pm Eastern Time (3:40pm Central Time). A live audio webcast of the presentation can be accessed at http://www.investorcalendar.com/event/175719 or by visiting the Company's website at http://www.contango.com. A copy of the presentation will be available in the "Investor Relations" section of the website shortly before the Company presents.
Contango Oil & Gas Company is a Houston, Texas based, independent oil and natural gas company. The Company’s business is to maximize production and cash flow from its onshore properties in Texas and Wyoming and offshore properties in the shallow waters of the Gulf of Mexico and to use that cash flow to explore, develop, exploit, produce and acquire crude oil and natural gas properties in the onshore Texas Gulf Coast and Rocky Mountain regions of the United States. Additional information is available on the Company's website at http://www.contango.com.
Contact:
Contango Oil & Gas Company
E. Joseph Grady – 713-236-7400
Senior Vice President and Chief Financial Officer

Sergio Castro– 713-236-7400
Vice President and Treasurer

Read more...
Contango Announces Year-end Reserves, Fourth Quarter 2016 Production and First Quarter 2017 Production Guidance

HOUSTON, March 10, 2017 (GLOBE NEWSWIRE) -- Contango Oil & Gas Company ( MKT:MCF) (“Contango”) announced today its year-end reserves and fourth quarter 2016 production results. 
Year-end 2016 Proved Reserves As of December 31, 2016, our independent third-party engineering firms estimated our proved oil and natural gas reserves to be approximately 151.8 Bcfe compared with 187.2 Bcfe of proved reserves as of December 31, 2015, a decrease that is attributable primarily to, in part: the impact of the decline in commodity prices on the volume and value of our proved reserves; the impact of the significant reduction in our capital spending in 2016; and the sale of non-core conventional assets in Colorado. At the end of 2016, the composition of our proved reserves, volumetrically, was 69% natural gas, 14% oil and condensate and 17% natural gas liquids, compared to 68% natural gas, 15% oil and condensate and 17% natural gas liquids at December 31, 2015.  These estimates were prepared in accordance with reserve reporting guidelines mandated by the Securities and Exchange Commission (“SEC”).  Negative revisions to our proved reserves related to price declines were an estimated 8.3 Bcfe and $49.4 million in PV-10 value. As of December 31, 2016, the PV-10 value of our proved reserves was approximately $166 million, compared to the PV-10 value of $249 million as of December 31, 2015, a decrease related to lower reserves and to the decline in the average commodity prices used in determining PV-10 in accordance with SEC guidelines. The SEC-mandated prices used in determining our December 31, 2016 proved reserves and PV-10 value, as adjusted for quality and price differentials, were $38.67/Bbl for oil and condensate, $2.43/Mmbtu for natural gas and $13.62/Bbl for natural gas liquids, compared with SEC prices of $44.53/Bbl for oil and condensate, $2.63/Mmbtu for natural gas and $14.41/Bbl for natural gas liquids used in estimating proved reserves as of December 31, 2015. By contrast, the PV-10 value of our reserves based on strip prices at December 31, 2016 was approximately $268 million, compared to a PV-10 value of $272 million at the end of 2015.  Strip prices used in estimating the PV-10 of year-end 2016 reserves averaged $56.23/Bbl for oil and condensate, $3.08/Mmbtu for natural gas and $21.70 for natural gas liquids, compared to $50.93/Bbl for oil and condensate, $3.02/Mmbtu for natural gas and $11.88 for natural gas liquids at year-end 2015. Our SEC proved developed reserves for the year ended December 31, 2016 were estimated at 129.4 Bcfe, compared to 157.2 Bcfe in the prior year. The decline in proved developed reserves can be attributed primarily to: approximately 26.0 Bcfe of production during the year; negative revisions of 3.2 Bcfe related to the reduction in the estimated economic life of certain properties due to the decrease in commodity prices; and sold reserves of 1.6 Bcfe in Colorado, partially offset by positive revisions of 2.9 Bcfe related to performance revisions and extensions. Our SEC proved undeveloped reserves (“PUD”) for the year ended December 31, 2016 were 22.4 Bcfe, compared to 30 Bcfe at December 31, 2015.  The decrease in PUD reserves can be attributed primarily to negative revisions of 5.1 Bcfe related to the decrease in commodity prices and 2.5 Bcfe related to the sale of reserves in Colorado. The above estimates do not include net proved reserves of approximately 32.6 Bcfe and 38.7 Bcfe attributable to our 37% equity ownership interest in Exaro Energy III LLC (“Exaro”) as of December 31, 2016 and 2015, respectively. The SEC PV-10 value of the proved reserves attributable to our 37% interest in Exaro was approximately $20 million at December 31, 2016, compared to the PV-10 value of $31 million as of December 31, 2015.  Fourth Quarter Production Production for the quarter ended December 31, 2016 was approximately 5.9 Bcfe, or 64.3 Mmcfed, within guidance for the quarter.  Current quarter production was less than the 8.0 Bcfe, or 87 Mmcfed, for the same period last year due to the reduced 2015 and 2016 capital expenditure programs and a 1.6 Mmcfed impact on the 2016 quarter from the shut-in of two wells in our conventional Liberty County area for workovers. Production for the current quarter was approximately 71% natural gas and 29% oil and natural gas liquids compared to the prior year quarter of 68% natural gas and 32% crude oil and natural gas liquids.  Natural gas production for the quarter is preliminarily estimated at approximately 45.8 Mmcfd compared to 59.3 Mmcfd for the prior year quarter, and crude oil and natural gas liquids production during the current period is preliminarily estimated at 1,380 and 1,700 barrels per day, respectively, compared to 2,100 and 2,475 barrels per day, respectively for the same quarter last year.  We currently estimate first quarter 2017 production to be between 57.4 and 62.4 Mmcfed, negatively impacted by an estimated 1.5 Mmcfed for the quarter because of the loss of compression at Eugene Island 11 for an estimated 24 days. Liquidity As of December 31, 2016, we had approximately $54.4 million of debt outstanding under our credit facility, a 13% decrease from the third quarter outstanding balance and a 53% decrease from the year-end 2015 outstanding balance.  Effective October 28, 2016, our $140 million borrowing base under our facility was reaffirmed through May 1, 2017. Contango Oil & Gas Company is a Houston, Texas based, independent energy company engaged in the acquisition, exploration, development, exploitation and production of crude oil and natural gas offshore in the shallow waters of the Gulf of Mexico and in the onshore Texas Gulf Coast and Rocky Mountain regions of the United States. Additional information is available on the Company's website at http://contango.com. This press release contains forward-looking statements regarding Contango that are intended to be covered by the safe harbor "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995, based on Contango’s current expectations and includes statements regarding acquisitions and divestitures, estimates of future production, future results of operations, quality and nature of the asset base, the assumptions upon which estimates are based and other expectations, beliefs, plans, objectives, assumptions, strategies or statements about future events or performance (often, but not always, using words such as "expects", “projects”, "anticipates", "plans", "estimates", "potential", "possible", "probable", or "intends", or stating that certain actions, events or results "may", "will", "should", or "could" be taken, occur or be achieved). Statements concerning oil and gas reserves also may be deemed to be forward looking statements in that they reflect estimates based on certain assumptions that the resources involved can be economically exploited. Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those, reflected in the statements. These risks include, but are not limited to: the risks of the oil and gas industry (for example, operational risks in exploring for, developing and producing crude oil and natural gas; risks and uncertainties involving geology of oil and gas deposits; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to future production, costs and expenses; potential delays or changes in plans with respect to exploration or development projects or capital expenditures; health, safety and environmental risks and risks related to weather such as hurricanes and other natural disasters); uncertainties as to the availability and cost of financing; fluctuations in oil and gas prices; risks associated with derivative positions; inability to realize expected value from acquisitions, inability of our management team to execute its plans to meet its goals, shortages of drilling equipment, oil field personnel and services, unavailability of gathering systems, pipelines and processing facilities and the possibility that government policies may change or governmental approvals may be delayed or withheld. Additional information on these and other factors which could affect Contango’s operations or financial results are included in Contango’s other reports on file with the Securities and Exchange Commission.  Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Contango does not assume any obligation to update forward-looking statements should circumstances or management's estimates or opinions change. Initial production rates are subject to decline over time and should not be regarded as reflective of sustained production levels.
Contact:
Contango Oil & Gas Company
E. Joseph Grady – 713-236-7400
Senior Vice President and Chief Financial Officer

Sergio Castro – 713-236-7400
Vice President and Treasurer


Read more...
Contango to Present at the 29th Annual Roth Conference

HOUSTON, March 08, 2017 (GLOBE NEWSWIRE) -- Contango Oil & Gas Company ( MKT:MCF) announced today that the Company will be presenting at the 29th Annual Roth Conference in Dana Point, California on Monday, March 13, 2017 at 8:00am Pacific Time (10:00am Central Daylight Time). A live audio webcast of the presentation can be accessed at http://wsw.com/webcast/roth31/mcf or by visiting the Company's website at http://www.contango.com. A copy of the presentation will be available in the "Investor Relations" section of the website shortly before the Company presents.
Contango Oil & Gas Company is a Houston, Texas based, independent oil and natural gas company. The Company’s business is to maximize production and cash flow from its onshore properties in Texas and Wyoming and offshore properties in the shallow waters of the Gulf of Mexico and to use that cash flow to explore, develop, exploit, produce and acquire crude oil and natural gas properties in the onshore Texas Gulf Coast and Rocky Mountain regions of the United States. Additional information is available on the Company's website at http://www.contango.com.
Contact:
Contango Oil & Gas Company
E. Joseph Grady – 713-236-7400
Senior Vice President and Chief Financial Officer

Sergio Castro– 713-236-7400
Vice President and Treasurer

Read more...
Contango Announces Initial Southern Delaware Basin Success

HOUSTON, March 07, 2017 (GLOBE NEWSWIRE) -- Contango Oil & Gas Company ( MKT:MCF) (“Contango”) announced today results on its initial well on its Southern Delaware Basin acreage in Pecos County, Texas.       
Contango is pleased to announce that the Lonestar-Gunfighter #1H, an Upper Wolfcamp test in the northwest portion of our acreage position, was recently completed with an approximate 10,000 foot lateral and 50 stages of fracture stimulation. The well initiated flow back on January 28, on a controlled flow basis, reaching a maximum 24-hour IP rate of an estimated 966 Boed (72% oil).  The well has been flowing back for approximately 30 days and as of yesterday was producing approximately 846 Boed.      After completion of the drilling of the Lonestar-Gunfighter in late December, we moved the drilling rig approximately one mile to the south where the next two wells were drilled from a common surface location, each well also targeting the Upper Wolfcamp. The Rude Ram #1H and the Ripper State #1H were drilled to a total depth of 20,804 feet and 20,898 feet, respectively, including approximately 10,000 foot laterals.  The completion of both wells, with 50 stages each, is scheduled to commence in mid-March, with initial production from both wells expected to commence in April.      After the completion of drilling these two most recent wells, the rig was moved approximately 1.5 miles to the southeast where we spud our fourth well, the Grim Reaper #1H, also targeting production from the Upper Wolfcamp.  The Grim Reaper, which is currently drilling at 11,000 feet, will be drilled to an approximate vertical depth of 12,600 feet, with extensive open hole logging analysis and rotary sidewall cores to be taken through the Bone Springs, Upper, Middle and Lower Wolfcamp for evaluation of productivity in a number of zones before drilling a 10,000 foot lateral within the Upper Wolfcamp. We have exercised our rig option for our 5th well, the Gunner #1H, which is planned to spud approximately two miles to the northeast after conclusion of the drilling of the Grim Reaper. The Grim Reaper is expected to be completed in April and the Gunner will follow soon thereafter.     Contango Oil & Gas Company is a Houston, Texas based, independent energy company engaged in the acquisition, exploration, development, exploitation and production of crude oil and natural gas offshore in the shallow waters of the Gulf of Mexico and in the onshore Texas Gulf Coast and Rocky Mountain regions of the United States. Additional information is available on the Company's website at http://contango.com. This press release contains forward-looking statements regarding Contango that are intended to be covered by the safe harbor "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995, based on Contango’s current expectations and includes statements regarding acquisitions and divestitures, estimates of future production, future results of operations, quality and nature of the asset base, the assumptions upon which estimates are based and other expectations, beliefs, plans, objectives, assumptions, strategies or statements about future events or performance (often, but not always, using words such as "expects", “projects”, "anticipates", "plans", "estimates", "potential", "possible", "probable", or "intends", or stating that certain actions, events or results "may", "will", "should", or "could" be taken, occur or be achieved). Statements concerning oil and gas reserves also may be deemed to be forward looking statements in that they reflect estimates based on certain assumptions that the resources involved can be economically exploited. Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those, reflected in the statements. These risks include, but are not limited to: the risks of the oil and gas industry (for example, operational risks in exploring for, developing and producing crude oil and natural gas; risks and uncertainties involving geology of oil and gas deposits; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to future production, costs and expenses; potential delays or changes in plans with respect to exploration or development projects or capital expenditures; health, safety and environmental risks and risks related to weather such as hurricanes and other natural disasters); uncertainties as to the availability and cost of financing; fluctuations in oil and gas prices; risks associated with derivative positions; inability to realize expected value from acquisitions, inability of our management team to execute its plans to meet its goals, shortages of drilling equipment, oil field personnel and services, unavailability of gathering systems, pipelines and processing facilities and the possibility that government policies may change or governmental approvals may be delayed or withheld. Additional information on these and other factors which could affect Contango’s operations or financial results are included in Contango’s other reports on file with the Securities and Exchange Commission. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Contango does not assume any obligation to update forward-looking statements should circumstances or management's estimates or opinions change. Initial production rates are subject to decline over time and should not be regarded as reflective of sustained production levels.
Contact:
Contango Oil & Gas Company
E. Joseph Grady – 713-236-7400
Senior Vice President and Chief Financial Officer

Sergio Castro – 713-236-7400
Vice President and Treasurer

Read more...
Contango Announces Fourth Quarter and Year-End 2016 Earnings Release and Conference Call Schedule

HOUSTON, March 01, 2017 (GLOBE NEWSWIRE) -- Contango Oil & Gas Company ( MKT:MCF) announced today it expects to issue its fourth quarter and year-end 2016 earnings release after the market close on Wednesday, March 15, 2017.  In conjunction with the release, Contango will conduct a conference call to discuss the contents of that release on Thursday, March 16, 2017 at 9:30am Central Daylight Time.
Those interested in participating in the earnings conference call may do so by calling the following phone number: 1-888-855-5837, (International 1-719-325-4856) and entering the following participation code: 7649977.  A replay of the call will be available from Thursday, March 16, 2017 at 12:30pm CDT through Thursday, March 23, 2017 at 12:30pm CDT by clicking in the audio replay link here, and entering participation code 7649977. Contango Oil & Gas Company is a Houston, Texas-based, independent energy company engaged in the exploration, development, exploitation, production and acquisition of natural gas and crude oil properties offshore in the shallow waters of the Gulf of Mexico and in the onshore Texas and Rocky Mountain regions of the United States. Additional information is available on the Company's website at http://www.contango.com.
Contact:
Contango Oil & Gas Company
E. Joseph Grady – 713-236-7400
Senior Vice President and Chief Financial Officer

Sergio Castro– 713-236-7400
Vice President and Treasurer

Read more...
John Rogers Comments on Contango Oil & Gas Co. Guru stock highlight
In addition, natural resources firm Contango Oil & Gas Co. (MCF) dropped -16.50% due to a significant earnings miss. Analysts were expecting the company to lose $0.33 per share, but Contango lost $0.67. Revenues were down significantly versus the previous year, largely due to the slide in the price of oil. Despite the miss, the company has managed to reduce its debt balance to $111 million—a 4% decrease—this year. We think the company is better positioned than most of its peers, and as such believe the stock is positioned to outperform going forward. Read more...
Oaktree Buys Bellatrix Exploration Firm acquires new energy holding
Oaktree Capital Management acquired a new holding in Bellatrix Exploration Ltd. (NYSE:BXE) on Oct. 4. Read more...

Ratios

vs
industry
vs
history
PB Ratio 0.56
MCF's PB Ratio is ranked higher than
72% of the 417 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.23 vs. MCF: 0.56 )
Ranked among companies with meaningful PB Ratio only.
MCF' s PB Ratio Range Over the Past 10 Years
Min: 0.28  Med: 1.85 Max: 8.91
Current: 0.56
0.28
8.91
PS Ratio 1.56
MCF's PS Ratio is ranked higher than
66% of the 389 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 3.00 vs. MCF: 1.56 )
Ranked among companies with meaningful PS Ratio only.
MCF' s PS Ratio Range Over the Past 10 Years
Min: 0.68  Med: 4.51 Max: 183.72
Current: 1.56
0.68
183.72
Price-to-Operating-Cash-Flow 3.40
MCF's Price-to-Operating-Cash-Flow is ranked higher than
71% of the 266 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 9999.00 vs. MCF: 3.40 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
MCF' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 1.61  Med: 6.94 Max: 4985.71
Current: 3.4
1.61
4985.71
EV-to-EBIT -6.64
MCF's EV-to-EBIT is ranked lower than
99.99% of the 169 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 14.43 vs. MCF: -6.64 )
Ranked among companies with meaningful EV-to-EBIT only.
MCF' s EV-to-EBIT Range Over the Past 10 Years
Min: -153.9  Med: 6.4 Max: 86259.3
Current: -6.64
-153.9
86259.3
EV-to-EBITDA 9.04
MCF's EV-to-EBITDA is ranked lower than
62% of the 263 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 9999.00 vs. MCF: 9.04 )
Ranked among companies with meaningful EV-to-EBITDA only.
MCF' s EV-to-EBITDA Range Over the Past 10 Years
Min: -73  Med: 5.6 Max: 166.4
Current: 9.04
-73
166.4
EV-to-Revenue 2.51
MCF's EV-to-Revenue is ranked higher than
72% of the 413 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 4.88 vs. MCF: 2.51 )
Ranked among companies with meaningful EV-to-Revenue only.
MCF' s EV-to-Revenue Range Over the Past 10 Years
Min: 1.4  Med: 3.9 Max: 181.8
Current: 2.51
1.4
181.8
Shiller PE Ratio 3.82
MCF's Shiller PE Ratio is ranked higher than
84% of the 81 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 16.32 vs. MCF: 3.82 )
Ranked among companies with meaningful Shiller PE Ratio only.
MCF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.45  Med: 12.16 Max: 24.66
Current: 3.82
2.45
24.66
Current Ratio 0.29
MCF's Current Ratio is ranked lower than
86% of the 484 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.28 vs. MCF: 0.29 )
Ranked among companies with meaningful Current Ratio only.
MCF' s Current Ratio Range Over the Past 10 Years
Min: 0.24  Med: 1.76 Max: 62.02
Current: 0.29
0.24
62.02
Quick Ratio 0.29
MCF's Quick Ratio is ranked lower than
86% of the 483 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.19 vs. MCF: 0.29 )
Ranked among companies with meaningful Quick Ratio only.
MCF' s Quick Ratio Range Over the Past 10 Years
Min: 0.23  Med: 1.76 Max: 62.02
Current: 0.29
0.23
62.02
Days Inventory 7.13
MCF's Days Inventory is ranked higher than
84% of the 198 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 27.14 vs. MCF: 7.13 )
Ranked among companies with meaningful Days Inventory only.
MCF' s Days Inventory Range Over the Past 10 Years
Min: 1.24  Med: 8.04 Max: 29.57
Current: 7.13
1.24
29.57
Days Sales Outstanding 29.16
MCF's Days Sales Outstanding is ranked higher than
80% of the 376 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 51.71 vs. MCF: 29.16 )
Ranked among companies with meaningful Days Sales Outstanding only.
MCF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.61  Med: 77.53 Max: 542.26
Current: 29.16
17.61
542.26
Days Payable 74.52
MCF's Days Payable is ranked higher than
50% of the 249 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 89.31 vs. MCF: 74.52 )
Ranked among companies with meaningful Days Payable only.
MCF' s Days Payable Range Over the Past 10 Years
Min: 21.49  Med: 99.9 Max: 1635.86
Current: 74.52
21.49
1635.86

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -18.40
MCF's 3-Year Average Share Buyback Ratio is ranked lower than
68% of the 364 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -10.80 vs. MCF: -18.40 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
MCF' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -128.8  Med: -6.8 Max: 3
Current: -18.4
-128.8
3

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 0.56
MCF's Price-to-Tangible-Book is ranked higher than
74% of the 390 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.28 vs. MCF: 0.56 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
MCF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.22  Med: 1.91 Max: 6.57
Current: 0.56
0.22
6.57
Price-to-Intrinsic-Value-Projected-FCF 0.48
MCF's Price-to-Intrinsic-Value-Projected-FCF is ranked higher than
85% of the 116 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.08 vs. MCF: 0.48 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
MCF' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.29  Med: 0.93 Max: 133.63
Current: 0.48
0.29
133.63
Price-to-Median-PS-Value 0.34
MCF's Price-to-Median-PS-Value is ranked higher than
78% of the 360 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.88 vs. MCF: 0.34 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
MCF' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.2  Med: 1.01 Max: 59.17
Current: 0.34
0.2
59.17
Earnings Yield (Greenblatt) % -15.03
MCF's Earnings Yield (Greenblatt) % is ranked lower than
77% of the 501 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -3.80 vs. MCF: -15.03 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
MCF' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -208.6  Med: 3 Max: 45.9
Current: -15.03
-208.6
45.9
Forward Rate of Return (Yacktman) % 11.32
MCF's Forward Rate of Return (Yacktman) % is ranked higher than
76% of the 176 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -16.04 vs. MCF: 11.32 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
MCF' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -21.9  Med: -1.9 Max: 45
Current: 11.32
-21.9
45

More Statistics

Revenue (TTM) (Mil) $80.94
EPS (TTM) $ -1.44
Beta1.95
Short Percentage of Float2.50%
52-Week Range $3.97 - 11.98
Shares Outstanding (Mil)25.61

Analyst Estimate

Dec17 Dec18
Revenue (Mil $) 79 90
EPS ($) -0.63 -0.62
EPS without NRI ($) -0.63 -0.62
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($)

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