|Bid||2.0000 x 2900|
|Ask||2.9500 x 1000|
|Day's Range||2.8600 - 3.0500|
|52 Week Range||0.8400 - 4.7900|
|Beta (5Y Monthly)||2.13|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 01, 2020 - Jul 11, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 06, 2012|
|1y Target Est||2.00|
The oil market could stay in a state of contango for longer after supply and demand finally balance due to the vast amount of crude and products in storage
In the world of commodities, the differential between one delivery period and another for the same raw material can go by different names, but they all have the same meaning.
With the coronavirus crisis and ongoing oil price war weighing on global crude demand, the infamous “super contango” has emerged for the first time since 2015
NEW YORK, NY / ACCESSWIRE / March 31, 2020 / Contango Oil & Gas Co. (AMEX:MCF) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 31, 2020 at 9:00 ...
HOUSTON, March 30, 2020 -- Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today its financial results for the fourth quarter and.
HOUSTON, March 30, 2020 -- Contango Oil & Gas Company (NYSE American: MCF) announced today it expects to issue its fourth quarter 2019 earnings release today, March 30,.
Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”), as a result of the decline in commodity prices in the last several days, and especially oil prices, today provides a brief update on its response to that decline. The Company has consistently been diligent in protecting the vast majority of expected cash flow from such commodity price declines, as evidenced by the fact that it currently has hedges in place for 71% and 67% of currently forecasted hedgeable PDP oil production for 2020 and 2021, respectively, at average floor prices of $55.13 and $51.71 per barrel, respectively. The Company also has 72% and 54% of currently forecasted hedgeable PDP natural gas production for 2020 and 2021, respectively, hedged at average floor prices of $2.57 and $2.51 per Mcf.
If you're interested in Contango Oil & Gas Company (NYSEMKT:MCF), then you might want to consider its beta (a measure...
Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) today announced that it has closed its previously announced private placement of 19,000,000 shares of common stock and 2,340,000 shares of Series C preferred stock. The Company received gross proceeds of approximately $53.35 million, which it intends to use for general corporate purposes, including capital expenditures under the Company’s concurrently announced Joint Development Agreement with Juneau Oil & Gas, LLC. The preferred stock ranks pari passu with the Company’s common stock and which will automatically convert into common stock upon approval of the Company’s shareholders.
Last year's fourth quarter was a rough one for investors and many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing […]
Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today that the Company entered into a Joint Development Agreement with Juneau Oil & Gas, LLC (“Juneau”) to develop certain exploration prospects in the offshore Gulf of Mexico shelf.
Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) today announced the execution of agreements with a select group of institutional and accredited investors, including certain funds and accounts advised by T. Rowe Price Associates, Inc., to sell 19,000,000 shares of common stock in a private placement. Concurrently with the common stock offering, the Company entered into agreements with affiliates of John C. Goff, Chairman of the Board, Wilkie S. Colyer, Jr., President and CEO of the Company, and W. Farley Dakan, Senior Vice President of Corporate Development of the Company, to sell 2,340,000 shares of Series C preferred stock, which rank pari passu with the Company’s common stock and which will automatically convert into common stock upon approval of the Company’s shareholders.