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Last $8.98 USD
Change Today +1.27 / 16.47%
Volume 203.6K
MCF On Other Exchanges
Symbol
Exchange
Berlin
NYSE Amex
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

contango oil & gas (MCF) Snapshot

Open
$7.68
Previous Close
$7.71
Day High
$9.05
Day Low
$7.68
52 Week High
08/29/14 - $39.89
52 Week Low
08/25/15 - $6.60
Market Cap
174.4M
Average Volume 10 Days
195.1K
EPS TTM
$-1.91
Shares Outstanding
19.4M
EX-Date
12/6/12
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CONTANGO OIL & GAS (MCF)

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contango oil & gas (MCF) Details

Contango Oil & Gas Company, an independent energy company, acquires, explores, develops, exploits, and produces crude oil and natural gas properties offshore in the shallow waters of the Gulf of Mexico, and in the onshore Texas Gulf Coast and Rocky Mountain regions in the United States. As of December 31, 2014, it had proved reserves of approximately 275.2 billion cubic feet equivalent, including 179.7 billion cubic feet of natural gas, 8.4 million barrels of crude oil and condensate, and 7.5 million barrels of natural gas liquids. The company was founded in 1986 and is headquartered in Houston, Texas.

92 Employees
Last Reported Date: 03/3/15
Founded in 1986

contango oil & gas (MCF) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $1.0M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $659.6K
Senior Vice President of Operations
Total Annual Compensation: $508.3K
Senior Vice President of Exploration
Total Annual Compensation: $492.4K
Senior Vice President of Engineering
Total Annual Compensation: $476.5K
Compensation as of Fiscal Year 2014.

contango oil & gas (MCF) Key Developments

Contango Oil & Gas Company Announces Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Production Guidance for the Third Quarter of 2015 and Provides Capital Expenditure Guidance for the Year 2015; Announces Impairment Charges for the Second Quarter of 2015

Contango Oil & Gas Company announced earnings and production results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of $35,334,000 against $78,419,000 a year ago, a decrease attributable to lower commodity prices and lower production related to reduce capital drilling program in the latter half of 2014 and in 2015. Net loss before income taxes was $29,514,000 against net income before income taxes of $4,793,000 a year ago. Net loss was $19,528,000 against net income of $4,581,000 a year ago. EBITDAX was $17,015,000 against $56,284,000 a year ago. Adjusted EBITDAX was $19,870,000 against $56,742,000 a year ago, a decrease mainly attributable to the decrease in revenues, partially offset by a decrease in lease operating costs and G&A expenses. Revenues were lower because of the dramatic decline in commodity prices and lower production related to reduce capital drilling program. Capital expenditures incurred were $11.9 million, including $1.1 million on the Woodbine formation in Madison and Grimes counties, Texas; $1.4 million on Elm Hill Project in Fayette and Gonzales counties; $4.2 million in Wyoming; and $4.5 million for the acquisition of leases and other rights in areas. For the six months, the company reported total revenues of $65,981,000 against $158,676,000 a year ago. Net loss before income taxes was $58,627,000 against $13,993,000 a year ago. Net loss was $38,092,000 against $5,612,000 a year ago. EBITDAX was $28,195,000 against $99,499,000 a year ago. Adjusted EBITDAX was $33,945,000 against $114,771,000 a year ago. The company announced impairment of oil and gas properties of $239,000 for the second quarter of 2015 against $500,000 a year ago. The company announced production of 9.0 Bcfe for the second quarter of 2015 (98.4 Mmcfed; 36% liquids), but less than the 10.6 Bcfe, or 116.0 Mmcfed, for the same period a year ago. For the six months, the company reported natural gas equivalents production of 17,623 Mmcfe against 21,136 Mmcfe a year ago. The company provided earnings and production guidance for the third quarter of 2015. For the period, the company expected production of 960,000 to 95,000 Mcfe per day The company announced that the total capital expenditure program for the year 2015 will be between $50 and $60 million (including amounts spent during the first six months of the year), depending on how many incremental wells it ultimately drill - which will be funded primarily from internally generated cash flow.

Contango Oil & Gas Company to Report Q2, 2015 Results on Aug 06, 2015

Contango Oil & Gas Company announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Aug 06, 2015

Contango Oil & Gas Company, Q2 2015 Earnings Call, Aug 07, 2015

Contango Oil & Gas Company, Q2 2015 Earnings Call, Aug 07, 2015

 

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MCF

Industry Average

Valuation MCF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.8x
Price/Book 0.3x
Price/Cash Flow 1.1x
TEV/Sales -- Not Meaningful
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