AMEX:MCF

Stock Analysis Report

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.

Risks

  • Contango Oil & Gas has significant price volatility in the past 3 months.

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

48.2%

AMEX:MCF

3.2%

US Oil and Gas

1.2%

US Market


1 Year Return

-78.7%

AMEX:MCF

-19.3%

US Oil and Gas

1.7%

US Market

MCF underperformed the Oil and Gas industry which returned -19.3% over the past year.

MCF underperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

MCFIndustryMarket
7 Day48.2%3.2%1.2%
30 Day26.2%7.2%4.9%
90 Day-25.4%-1.5%3.7%
1 Year-78.7%-78.7%-16.3%-19.3%3.9%1.7%
3 Year-85.6%-85.6%0.9%-8.2%47.2%37.7%
5 Year-96.2%-96.2%-27.7%-37.5%60.0%42.4%

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 based on future cash flows and its price relative to the stock market?

0.36x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Contango Oil & Gas to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Contango Oil & Gas to establish if it is available at substantial discount.


Price Based on Earnings

Contango Oil & Gas is loss making, we can't compare its value to the US Oil and Gas industry average.

Contango Oil & Gas is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Contango Oil & Gas, we can't assess if its growth is good value.


Price Based on Value of Assets

Contango Oil & Gas is good value based on assets compared to the US Oil and Gas industry average.


Next Steps

Future Growth

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

55.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Contango Oil & Gas's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Contango Oil & Gas is not considered high growth as it is expected to be loss making for the next 1-3 years.

Contango Oil & Gas's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Unable to compare Contango Oil & Gas's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.

Unable to compare Contango Oil & Gas's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Contango Oil & Gas will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


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

Contango Oil & Gas does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Contango Oil & Gas's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Contango Oil & Gas's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Contango Oil & Gas has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Contango Oil & Gas has efficiently used its assets last year compared to the US Oil and Gas industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Contango Oil & Gas improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Contango Oil & Gas's financial position?


Financial Position Analysis

Contango Oil & Gas's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Contango Oil & Gas's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Contango Oil & Gas's level of debt (46.8%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (11.2% vs 46.8% today).


Balance Sheet

High level of physical assets or inventory.

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.

Information is not available.

Unable to confirm if Contango Oil & Gas has at least 1 year of cash runway based on growing free cash flows without relevant data.


Next Steps

Dividend

What is Contango Oil & Gas's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Contango Oil & Gas's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Contango Oil & Gas's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Contango Oil & Gas has not reported any payouts.

Unable to verify if Contango Oil & Gas's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Contango Oil & Gas has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


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?

3.5yrs

Average management tenure


CEO

Wilkie Colyer (34yo)

1.1yrs

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

Wilkie's remuneration is lower than average for companies of similar size in United States of America.

Insufficient data for Wilkie to compare compensation growth.


Management Age and Tenure

3.5yrs

Average Tenure

55yo

Average Age

The tenure for the Contango Oil & Gas management team is about average.


Board Age and Tenure

5.9yrs

Average Tenure

64.5yo

Average Age

The tenure for the Contango Oil & Gas board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$22,62228 Dec 18
Goff Capital, Inc.
EntityCompany
Shares7,101
Max PriceUS$3.19
BuyUS$102,25128 Dec 18
Goff Focused Strategies LLC
EntityCompany
Shares32,102
Max PriceUS$3.19
BuyUS$79,63028 Dec 18
John Goff
EntityIndividual
Role
Member of the Board of Directors
Director
Shares25,000
Max PriceUS$3.19
BuyUS$68,01327 Dec 18
John Goff
EntityIndividual
Role
Member of the Board of Directors
Director
Shares23,000
Max PriceUS$2.96
BuyUS$20,70327 Dec 18
Goff Capital, Inc.
EntityCompany
Shares7,000
Max PriceUS$2.96
BuyUS$228,88226 Dec 18
John C. Goff 2010 Family Trust
EntityCompany
Shares79,448
Max PriceUS$2.88
BuyUS$57,22226 Dec 18
Goff Capital, Inc.
EntityCompany
Shares19,862
Max PriceUS$2.88
BuyUS$97,63203 Dec 18
John C. Goff 2010 Family Trust
EntityCompany
Shares24,000
Max PriceUS$4.07
BuyUS$520,70030 Nov 18
John C. Goff 2010 Family Trust
EntityCompany
Shares125,000
Max PriceUS$4.17
BuyUS$154,07629 Nov 18
John C. Goff 2010 Family Trust
EntityCompany
Shares40,000
Max PriceUS$3.85
BuyUS$149,53428 Nov 18
Goff Focused Strategies LLC
EntityCompany
Shares40,000
Max PriceUS$3.74
BuyUS$218,89228 Nov 18
John C. Goff 2010 Family Trust
EntityCompany
Shares60,000
Max PriceUS$3.65
BuyUS$317,92627 Nov 18
Goff Focused Strategies LLC
EntityCompany
Shares85,000
Max PriceUS$3.74
BuyUS$186,68226 Nov 18
Goff Focused Strategies LLC
EntityCompany
Shares51,500
Max PriceUS$3.62
BuyUS$35,20419 Nov 18
Goff Capital, Inc.
EntityCompany
Shares8,801
Max PriceUS$4.00
BuyUS$4,249,45219 Nov 18
John Goff
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,062,363
Max PriceUS$4.00
BuyUS$1,384,53619 Nov 18
Goff Focused Strategies LLC
EntityCompany
Shares346,134
Max PriceUS$4.00

Ownership Breakdown


Management Team

  • E. Grady (66yo)

    CFO & Senior VP

    • Tenure: 5.9yrs
    • Compensation: US$999.09k
  • Sergio Castro (50yo)

    VP, Treasurer & Assistant Secretary

    • Tenure: 13.5yrs
    • Compensation: US$320.06k
  • Michael Autin (60yo)

    Vice President of Operations

    • Tenure: 0.6yrs
  • Wilkie Colyer (34yo)

    President

    • Tenure: 1.1yrs
    • Compensation: US$154.24k

Board Members

  • Jim Ford (51yo)

    Independent Director

    • Tenure: 5.9yrs
    • Compensation: US$144.46k
  • John Goff (63yo)

    Director

    • Tenure: 1.1yrs
  • Lon McCain (71yo)

    Independent Director

    • Tenure: 5.9yrs
    • Compensation: US$149.46k
  • Bill Berilgen (71yo)

    Independent Director

    • Tenure: 12.2yrs
    • Compensation: US$145.96k
  • Joe Romano (66yo)

    Chairman

    • Tenure: 6.4yrs
    • Compensation: US$129.46k
  • Wilkie Colyer (34yo)

    President

    • Tenure: 1.1yrs
    • 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$46.486m
  • Shares outstanding: 34.43m
  • 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 Analysis2019/09/14 23:46
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.