Contango Oil & Gas
Market Cap
US$180.3m
Last Updated
2019/10/16 23:35 UTC
Data Sources
Company Financials +
Executive Summary
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 and Wyoming in the United States.
Snowflake
Fundamentals
Overvalued with weak fundamentals.
Similar Companies
Share Price & News
How has Contango Oil & Gas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-9.1%
MCF
0.8%
US Oil and Gas
2.3%
US Market
1 Year Return
-64.5%
MCF
-22.2%
US Oil and Gas
5.6%
US Market
Return vs Industry: MCF underperformed the US Oil and Gas industry which returned -22.2% over the past year.
Return vs Market: MCF underperformed the US Market which returned 5.6% over the past year.
Shareholder returns
| MCF | Industry | Market | |
|---|---|---|---|
| 7 Day | -9.1% | 0.8% | 2.3% |
| 30 Day | 17.3% | -7.9% | -1.0% |
| 90 Day | 48.9% | -8.3% | -0.7% |
| 1 Year | -64.5%-64.5% | -19.3%-22.2% | 7.9%5.6% |
| 3 Year | -79.1%-79.1% | -8.2%-16.4% | 45.6%36.3% |
| 5 Year | -93.6%-93.6% | -23.7%-34.3% | 65.8%47.6% |
Price Volatility Vs. Market
How volatile is Contango Oil & Gas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
What Kind Of Shareholders Own Contango Oil & Gas Company (NYSEMKT:MCF)?3 months ago | Simply Wall St
Contango Oil & Gas Company (NYSEMKT:MCF) Insiders Increased Their Holdings3 months ago | Simply Wall St
Have Insiders Been Buying Contango Oil & Gas Company (NYSEMKT:MCF) Shares?Valuation
Is Contango Oil & Gas undervalued compared to its fair value and its price relative to the market?
0.56x
Price to Book (PB) ratio
Share Price vs. Fair Value
Undervalued: Insufficient data to calculate MCF's fair value to establish if it is undervalued.
Significantly Undervalued: Insufficient data to calculate MCF's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MCF is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: MCF is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate MCF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MCF is good value based on its PB Ratio (0.6x) compared to the US Oil and Gas industry average (0.9x).
Next Steps
Future Growth
How is Contango Oil & Gas forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
55.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MCF is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: MCF is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: MCF is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: MCF's revenue is expected to decline over the next 3 years (-5.2% per year).
High Growth Revenue: MCF's revenue is forecast to decline over the next 3 years (-5.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if MCF's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Contango Oil & Gas performed over the past 5 years?
1.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: MCF is unprofitable, but has reduced losses over the past 5 years at a rate of 1.2% per year.
Accelerating Growth: Unable to compare MCF's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MCF is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (22.6%).
Return on Equity
High ROE: MCF has a negative Return on Equity (-100.57%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: MCF is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: MCF is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is Contango Oil & Gas's financial position?
Financial Position Analysis
Short Term Liabilities: MCF's short term assets ($13.7M) do not cover its short term liabilities ($109.1M)
Long Term Liabilities: MCF's short term assets (13.7M) do not cover its long term liabilities (15.4M)
Debt to Equity History and Analysis
Debt Level: MCF's debt to equity ratio (46.8%) is considered high
Reducing Debt: MCF's debt to equity ratio has increased from 11.2% to 46.8% over the past 5 years.
Balance Sheet
Inventory Level: MCF has a high level of physical assets or inventory.
Debt Coverage by Assets: MCF's debt is not covered by short term assets (assets are 0.2x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if MCF has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MCF has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Contango Oil & Gas's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate MCF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MCF's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if MCF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MCF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MCF's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of Contango Oil & Gas's salary, the management and board of directors tenure and is there insider trading?
3.6yrs
Average management tenure
CEO
Wilkie Colyer (34yo)
1.2yrs
Tenure
US$154,235
Compensation
Mr. Wilkie S. Colyer, Jr. has been Chief Executive Officer and Director of Contango Oil & Gas Company since August 15, 2018 and serves as its President. He was Interim President of Contango Oil & Gas Compa ...
CEO Compensation Analysis
Compensation vs. Market: Wilkie has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.
Compensation vs Earnings: Insufficient data to compare Wilkie's compensation with company performance.
Management Age and Tenure
3.6yrs
Average Tenure
55yo
Average Age
Experienced Management: MCF's management team is considered experienced (3.6 years average tenure).
Board Age and Tenure
6.0yrs
Average Tenure
64.5yo
Average Age
Experienced Board: MCF's board of directors are considered experienced (6 years average tenure).
Insider Trading
Insider Buying: MCF insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 18,421,052 |
| Max Price | US$0.95 |
| Entity | Company |
| Shares | 32,102 |
| Max Price | US$3.19 |
| Entity | Company |
| Shares | 7,101 |
| Max Price | US$3.19 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 25,000 |
| Max Price | US$3.19 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 23,000 |
| Max Price | US$2.96 |
| Entity | Company |
| Shares | 7,000 |
| Max Price | US$2.96 |
| Entity | Company |
| Shares | 19,862 |
| Max Price | US$2.88 |
| Entity | Company |
| Shares | 79,448 |
| Max Price | US$2.88 |
| Entity | Company |
| Shares | 24,000 |
| Max Price | US$4.07 |
| Entity | Company |
| Shares | 125,000 |
| Max Price | US$4.17 |
| Entity | Company |
| Shares | 40,000 |
| Max Price | US$3.85 |
| Entity | Company |
| Shares | 60,000 |
| Max Price | US$3.65 |
| Entity | Company |
| Shares | 40,000 |
| Max Price | US$3.74 |
| Entity | Company |
| Shares | 85,000 |
| Max Price | US$3.74 |
| Entity | Company |
| Shares | 51,500 |
| Max Price | US$3.62 |
| Entity | Company |
| Shares | 8,801 |
| Max Price | US$4.00 |
| Entity | Company |
| Shares | 346,134 |
| Max Price | US$4.00 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,062,363 |
| Max Price | US$4.00 |
Ownership Breakdown
Management Team
E. Grady (66yo)
CFO & Senior VP
- Tenure: 6yrs
- Compensation: US$999.09k
Sergio Castro (50yo)
VP, Treasurer & Assistant Secretary
- Tenure: 13.6yrs
- Compensation: US$320.06k
Michael Autin (60yo)
Vice President of Operations
- Tenure: 0.7yrs
Wilkie Colyer (34yo)
President
- Tenure: 1.2yrs
- Compensation: US$154.24k
Board Members
Jim Ford (51yo)
Independent Director
- Tenure: 6yrs
- Compensation: US$144.46k
John Goff (63yo)
Independent Director
- Tenure: 1.2yrs
Lon McCain (71yo)
Independent Director
- Tenure: 6yrs
- Compensation: US$149.46k
Bill Berilgen (71yo)
Independent Director
- Tenure: 12.3yrs
- Compensation: US$145.96k
Joe Romano (66yo)
Independent Chairman
- Tenure: 6.5yrs
- Compensation: US$129.46k
Wilkie Colyer (34yo)
President
- Tenure: 1.2yrs
- Compensation: US$154.24k
Company Information
Contango Oil & Gas Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Contango Oil & Gas Company
- Ticker: MCF
- Exchange: AMEX
- Founded: 1986
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$180.315m
- Shares outstanding: 85.86m
- Website: https://www.contango.com
Number of Employees
Location
- Contango Oil & Gas Company
- 717 Texas Avenue
- Suite 2900
- Houston
- Texas
- 77002
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MCF | AMEX (NYSE MKT LLC) | Yes | Common Stock | US | USD | Jan 1991 |
| C8K | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1991 |
Biography
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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/16 23:35 |
| End of Day Share Price | 2019/10/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.