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Contango: 3Q Earnings Snapshot

HOUSTON (AP) _ Contango Oil & Gas Co. (MCF) on Wednesday reported a loss of $81.5 million in its third quarter.

On a per-share basis, the Houston-based company said it had a loss of $3.26. Losses, adjusted for non-recurring costs, were 28 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.

The oil and gas company posted revenue of $19.5 million in the period, which met Street forecasts.

The company's shares closed at $4.85. A year ago, they were trading at $4.45.


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