Contango Oil & Gas (NYSEAMERICAN:MCF) Stock Price Up 4%
Contango Oil & Gas (NYSEAMERICAN:MCF)’s share price rose 4% during trading on Tuesday . The stock traded as high as $3.90 and last traded at $3.87. Approximately 834 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 1,353,400 shares. The stock had previously closed at $3.72.
The firm’s 50-day moving average is $2.28 and its 200 day moving average is $1.67. The firm has a market capitalization of $738.84 million, a PE ratio of -1.56 and a beta of 2.70.
Contango Oil & Gas (NYSEAMERICAN:MCF) last released its quarterly earnings data on Wednesday, March 10th. The oil and natural gas company reported ($0.01) EPS for the quarter. Contango Oil & Gas had a negative return on equity of 219.81% and a negative net margin of 230.23%. The business had revenue of $29.16 million during the quarter.
Contango Oil & Gas Company Profile (NYSEAMERICAN:MCF)
Contango Oil & Gas Company, an independent oil and natural gas company, acquires, explores, develops, exploits, and produces crude oil and natural gas properties in the shallow waters of the Gulf of Mexico and onshore properties in Texas, Oklahoma, Louisiana, and Wyoming in the United States. As of December 31, 2019, it had proved reserves of approximately 316.4 billion cubic feet equivalent, including 131.3 billion cubic feet of natural gas, 19.1 million barrels of crude oil and condensate, and 11.8 million barrels of natural gas liquids.
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