AMEX:MCF

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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, Oklahoma, Louisiana, and Wyoming in the United States. More Details


Snowflake Analysis

Weak fundamentals or lack of information.


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

Stable Share Price: MCF's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

17.9%

MCF

-2.8%

US Oil and Gas

1.3%

US Market


1 Year Return

-50.4%

MCF

-46.5%

US Oil and Gas

15.8%

US Market

Return vs Industry: MCF underperformed the US Oil and Gas industry which returned -48.3% over the past year.

Return vs Market: MCF underperformed the US Market which returned 13.8% over the past year.


Shareholder returns

MCFIndustryMarket
7 Day17.9%-2.8%1.3%
30 Day-22.0%-13.4%-4.1%
90 Day-39.7%-16.6%8.4%
1 Year-50.4%-50.4%-43.2%-46.5%18.4%15.8%
3 Year-71.8%-71.8%-46.5%-53.5%38.2%29.0%
5 Year-84.3%-84.3%-42.6%-53.9%84.9%64.0%

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

Valuation

Is Contango Oil & Gas undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Contango Oil & Gas is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Contango Oil & Gas has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of MCF's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Contango Oil & Gas regulatory filings.
  • Explore potentially undervalued companies in the Energy industry.

Future Growth

How is Contango Oil & Gas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

51.9%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Contango Oil & Gas has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Contango Oil & Gas performed over the past 5 years?

7.1%

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 7.1% 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 (-38%).


Return on Equity

High ROE: MCF's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Contango Oil & Gas's financial position?


Financial Position Analysis

Short Term Liabilities: MCF has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: MCF has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: MCF has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: MCF's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


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 43.3% each year


Next Steps

Dividend

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 recent payouts.

High Dividend: Unable to evaluate MCF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.2yrs

Average management tenure


CEO

Wilkie Colyer (35 yo)

2.08yrs

Tenure

US$647,997

Compensation

Mr. Wilkie Schell Colyer, Jr. has been Chief Executive Officer and Director of Contango Oil & Gas Company since August 15, 2018 and served as its President until July 2020. He was Interim President of Cont ...


CEO Compensation Analysis

Compensation vs Market: Wilkie's total compensation ($USD648.00K) is below average for companies of similar size in the US market ($USD1.36M).

Compensation vs Earnings: Wilkie's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Wilkie Colyer
CEO & Director2.08yrsUS$648.00k0.76%
$ 1.3m
E. Grady
CFO, Senior VP & Assistant Secretary6.92yrsUS$499.42k0.18%
$ 307.4k
Farley Dakan
President0.17yrno data0.045%
$ 79.2k
Chad Roller
Senior VP & Chief Operating Officer0.17yrno datano data
Charles McLawhorn
Senior VP0.17yrno datano data

0.2yrs

Average Tenure

43yo

Average Age

Experienced Management: MCF's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Wilkie Colyer
CEO & Director2.08yrsUS$648.00k0.76%
$ 1.3m
John Goff
Independent Non Executive Chairman0.92yrUS$90.11k25.89%
$ 45.5m
Ellis McCain
Independent Director6.92yrsUS$115.11k0.082%
$ 143.9k
Bulent Berilgen
Independent Director13.17yrsUS$108.61k0.075%
$ 131.9k
Joseph Romano
Independent Director7.83yrsUS$95.11k0.096%
$ 169.1k

6.9yrs

Average Tenure

67yo

Average Age

Experienced Board: MCF's board of directors are considered experienced (6.9 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 54.9%.


Top Shareholders

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$175.611m
  • Shares outstanding: 133.04m
  • Website: https://www.contango.com

Number of Employees


Location

  • Contango Oil & Gas Company
  • 717 Texas Avenue
  • Suite 2900
  • Houston
  • Texas
  • 77002
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MCFAMEX (NYSE MKT LLC)YesCommon StockUSUSDJan 1991
C8KDB (Deutsche Boerse AG)YesCommon StockDEEURJan 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 23:59
End of Day Share Price2020/09/28 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.