U.S. Markets closed

Contango: 1Q Earnings Snapshot

HOUSTON (AP) _ Contango Oil & Gas Co. (MCF) on Wednesday reported a first-quarter loss of $8.6 million, after reporting a profit in the same period a year earlier.

The Houston-based company said it had a loss of 26 cents per share. Losses, adjusted for asset impairment costs, came to 25 cents per share.

The oil and gas company posted revenue of $14 million in the period.

The company's shares closed at $3.24. A year ago, they were trading at $3.55.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCF at https://www.zacks.com/ap/MCF