Contango Oil and Gas Company(MCF)- NYSEMKT
  • Fri, Jul. 22, 2:00 PM
    | Fri, Jul. 22, 2:00 PM | 2 Comments
  • Fri, Jul. 22, 12:40 PM
    | Fri, Jul. 22, 12:40 PM | 2 Comments
  • Fri, Jul. 22, 9:11 AM
    | Fri, Jul. 22, 9:11 AM | 9 Comments
  • Thu, Jul. 21, 4:42 PM
    • Contango Oil & Gas (NYSEMKT:MCF) -8.9% AH after agreeing to acquire 12.1K gross undeveloped acres in the Southern Delaware Basin of Texas from an unnamed party for as much as $25M, including contingency payments.
    • MCF says the new Permian presence provides a multi-year inventory across a stacked pay formation that it expects to begin drilling this September or October.
    • To fund the deal, MCF announces a public offering of 5M common shares, with an underwriters option to purchase up to an additional 750K shares.
    | Thu, Jul. 21, 4:42 PM
  • Nov. 17, 2015, 12:47 PM
    | Nov. 17, 2015, 12:47 PM | 8 Comments
  • Jun. 4, 2015, 12:45 PM
    | Jun. 4, 2015, 12:45 PM | 1 Comment
  • May 11, 2015, 2:25 PM
    • Contango Oil & Gas (MCF -11.2%) plummets to eight-year lows after reporting a Q1 net loss of $0.98/share, far wider than analyst estimates, on a 62% Y/Y decline in revenues of $30.6M, which also lagged Street views.
    • MCF says Q1 production totaled 8.7B cfe, or 96.3MM cfe/day, which it says was within its previously provided guidance but down from 10.6B cfe, or 117.5MM cfe/day in the year-ago quarter; guides Q2 production at 90MM-100MM cfe/day.
    • Q1 adjusted EBITDA was ~$14M vs. $58M for the same period last year.
    | May 11, 2015, 2:25 PM
  • May 11, 2015, 12:48 PM
    | May 11, 2015, 12:48 PM | 1 Comment
  • Apr. 29, 2015, 12:45 PM
    | Apr. 29, 2015, 12:45 PM
  • Apr. 30, 2013, 7:54 AM

    Contango Oil & Gas (MCF) agrees to acquire Crimson Exploration (CXPO) in an all-shares deal touted as a merger and worth ~$390M. MCF says the deal will enhance its portfolio of Gulf of Mexico offshore assets as well as liquids-rich plays onshore in Texas, complemented by some of Crimson's unconventional plays. CXPO +15.5% premarket.

    | Apr. 30, 2013, 7:54 AM
  • Feb. 6, 2013, 10:31 AM

    Goodrich Petroleum (GDP +20.7%) announces the completion of its Crosby 12H-1 well in Mississippi's Tuscaloosa Marine Shale, which GDP says continues to improve with a current production rate of 1,250 boe/day and an average daily rate of 1,130 boe/day, comprised of 1,050 barrels of oil and 469M cu. ft. of gas.

    | Feb. 6, 2013, 10:31 AM
  • Nov. 29, 2012, 12:29 PM

    Contango Oil & Gas (MCF +1.7%) names 35-year energy industry veteran Joe Romano as CEO and President, as former CEO Kenneth Peak remains as Chairman while on medical leave.

    | Nov. 29, 2012, 12:29 PM
  • Oct. 10, 2011, 10:52 AM
    Stone Energy (SGY) rockets up 11% after Barclays lifts its rating on shares to Overweight from Equal Weight, and helped along with overriding strength in the sector. Offhore drilling rivals: MCF +5.3%, MMR +9.2%, WTI +9.5%.
    | Oct. 10, 2011, 10:52 AM
Company Description
Contango Oil & Gas Co. engages in the exploration, development, production and acquisition of natural gas and oil properties. It operates offshore in the shallow waters of the Gulf of Mexico and in the onshore Gulf Coast region of the United States. The company was founded by Kenneth R. Peak in... More
Industry: Independent Oil & Gas
Country: United States