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.
Concerning outlook with weak fundamentals.
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
Stable Share Price: MCF's share price has been volatile over the past 3 months.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: MCF exceeded the US Oil and Gas industry which returned -56.1% over the past year.
Return vs Market: MCF underperformed the US Market which returned -10.7% over the past year.
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
3 weeks ago | Simply Wall StHave Insiders Been Buying Contango Oil & Gas Company (NYSEMKT:MCF) Shares?
1 month ago | Simply Wall StWhat Kind Of Shareholder Owns Most Contango Oil & Gas Company (NYSEMKT:MCF) Stock?
7 months ago | Simply Wall StWhat Kind Of Shareholders Own Contango Oil & Gas Company (NYSEMKT:MCF)?
Is Contango Oil & Gas undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MCF's fair value to establish if it is undervalued.
Significantly Below Fair Value: 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
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 overvalued based on its PB Ratio (1.1x) compared to the US Oil and Gas industry average (0.5x).
How is Contango Oil & Gas forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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 (16.3% per year) is forecast to grow faster than the US market (7.2% per year).
High Growth Revenue: MCF's revenue (16.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MCF's Return on Equity is forecast to be high in 3 years time
How has Contango Oil & Gas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCF is currently unprofitable.
Growing Profit Margin: MCF is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MCF is unprofitable, but has reduced losses over the past 5 years at a rate of 12.6% 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 (-11.4%).
Return on Equity
High ROE: MCF has a negative Return on Equity (-137.71%), as it is currently unprofitable.
How is Contango Oil & Gas's financial position?
Financial Position Analysis
Short Term Liabilities: MCF's short term assets ($46.4M) do not cover its short term liabilities ($110.5M).
Long Term Liabilities: MCF's short term assets ($46.4M) do not cover its long term liabilities ($127.2M).
Debt to Equity History and Analysis
Debt Level: MCF's debt to equity ratio (61.6%) is considered high.
Reducing Debt: MCF's debt to equity ratio has increased from 11.2% to 61.6% over the past 5 years.
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 0.6x 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: MCF has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MCF has less than a year of cash runway if free cash flow continues to reduce at historical rates of -36.3% each year
What is Contango Oil & Gas's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
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.
Stability and Growth of Payments
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Wilkie Colyer (34yo)
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's total compensation ($USD154.24K) is below average for companies of similar size in the US market ($USD1.48M).
Compensation vs Earnings: Insufficient data to compare Wilkie's compensation with company performance.
|CFO & Senior VP||6.5yrs||US$999.09k||0.18% $355.4k|
|Vice President of Operations||1.17yrs||no data||0.027% $52.2k|
|Senior VP of Corporate Development||0.50yr||no data||no data|
Experienced Management: MCF's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
|Independent Director||6.5yrs||US$144.46k||0.044% $86.0k|
|Independent Non Executive Chairman||0.50yr||no data||18.33% $35.5m|
|Independent Director||6.5yrs||US$149.46k||0.055% $106.4k|
|Independent Director||12.75yrs||US$145.96k||0.048% $92.8k|
|Independent Director||7.42yrs||US$129.46k||0.070% $135.1k|
Experienced Board: MCF's board of directors are considered experienced (6.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 230.9%.
Contango Oil & Gas Company's company bio, employee growth, exchange listings and data sources
- Name: Contango Oil & Gas Company
- Ticker: MCF
- Exchange: AMEX
- Founded: 1986
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$193.670m
- Shares outstanding: 129.11m
- Website: https://www.contango.com
Number of Employees
- Contango Oil & Gas Company
- 717 Texas Avenue
- Suite 2900
- United States
|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|
|C8K||BRSE (Berne Stock Exchange)||Yes||Common Stock||CH||CHF||Jan 1991|
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. As of December 31, 2018, it had proved reserves of approximately 131.9 billion cubic feet equivalent, including 54.2 billion cubic feet of natural gas, 9.4 million barrels of crude oil and condensate, and 3.5 million barrels of natural gas liquids. The company was founded in 1986 and is based in Houston, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 03:15|
|End of Day Share Price||2020/03/31 00:00|
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.