Contango Oil & Gas (NYSEAMERICAN:MCF – Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $3.22 and traded as high as $3.37. Contango Oil & Gas shares last traded at $3.22, with a volume of 3,621,000 shares traded.
Contango Oil & Gas Stock Performance
The company’s 50-day simple moving average is $3.22 and its 200-day simple moving average is $3.22. The stock has a market capitalization of $648.31 million, a price-to-earnings ratio of -7.67 and a beta of 2.02. The company has a current ratio of 0.45, a quick ratio of 0.44 and a debt-to-equity ratio of 2.25.
Contango Oil & Gas Company Profile
Contango Oil & Gas Company is an independent energy firm headquartered in Houston, Texas, engaged in the acquisition, exploration, development and production of oil and natural gas properties. The company’s activities span the full upstream cycle, from lease acquisition and well planning through drilling, completion and production operations, enabling Contango to manage costs and operational quality at each stage of development.
Contango’s asset base is concentrated in the onshore Gulf Coast region of the United States, with principal operations in East Texas, West Texas and southern Louisiana.
Recommended Stories
- Five stocks we like better than Contango Oil & Gas
- 3 Under-the-Radar Defense Stocks With Record Backlogs
- This Korea ETF Has Soared, But the Rally May Not Be Over
- Why Guidewire’s Post-Earnings Plunge May Not Last
- Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
Receive News & Ratings for Contango Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Contango Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.
