Last $39.26 USD
Change Today +0.0641 / 0.16%
Volume 43.6K
MCF On Other Exchanges
Symbol
Exchange
Berlin
As of 12:12 PM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

contango oil & gas (MCF) Snapshot

Open
$39.23
Previous Close
$39.20
Day High
$39.34
Day Low
$38.62
52 Week High
03/4/14 - $50.44
52 Week Low
09/17/13 - $35.10
Market Cap
760.9M
Average Volume 10 Days
203.3K
EPS TTM
$1.48
Shares Outstanding
19.4M
EX-Date
12/6/12
P/E TM
26.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for CONTANGO OIL & GAS (MCF)

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contango oil & gas (MCF) Details

Contango Oil & Gas Company, an independent natural gas and oil company, explores, develops, produces, and acquires natural gas and oil properties primarily offshore in the shallow waters of the Gulf of Mexico. The company was founded in 1986 and is based in Houston, Texas.

contango oil & gas (MCF) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $569.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $328.9K
Senior Vice President of Operations
Total Annual Compensation: $259.8K
Chief Accounting Officer, Vice President and ...
Total Annual Compensation: $250.0K
Senior Vice President of Engineering
Total Annual Compensation: $205.4K
Compensation as of Fiscal Year 2013.

contango oil & gas (MCF) Key Developments

Contango Oil & Gas Company Announces Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2014; Announces Production Results for the Second Quarter of 2014; Reports Impairment of Oil and Gas Properties for the Quarter; Provides Production Guidance for the Third Quarter of 2014; Provides Capital Expenditure for the Year of 2014

Contango Oil & Gas Company announced consolidated financial results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of $78.419 million against $30.708 million a year ago. Net income before income tax was $4.793 million against $14.851 million a year ago. Net income attributable to the shareholders was $4.581 million against $11.356 million a year ago. Adjusted EBITDAX was $56.742 million against $24.296 million a year ago. Capital expenditures incurred for the three months ended June 30, 2014 were $56.2 million, of which $23.5 million was spent drilling in the Woodbine formation in Madison County, Texas; $11.4 million was incurred on Ship Shoal 255; $10.0 million was spent drilling the Buda formation in Dimmit County, Texas; and $9.4 million was invested for leased acreage in new areas. For the six months, the company reported total revenues of $158.686 million against $62.495 million a year ago. Net loss before income tax was $13.993 million against net income before income tax of $22.016 million a year ago. Net loss attributable to the shareholders was $5.612 million against net income attributable to the shareholders of $15.225 million a year ago. Adjusted EBITDAX was $114.771 million against $43.109 million a year ago. Production for the three months ended June 30, 2014 was approximately 10.6 Bcfe, or 116.0 Mmcfe per day, which was within previously provided guidance. This represents an 87% increase over production for the same period last year, primarily attributable to merger with Crimson, exercise of a preferential right to purchase additional interests in Dutch wells in December 2013 and higher production from Vermilion 170 well. Crude oil and natural gas liquids production during the second quarter was approximately 7,000 barrels per day, or 36% of total production, up from approximately 2,300 barrels per day, or 22% of total production for the same period last year. The increase in crude and liquids production was attributable to the addition of the Crimson properties and the subsequent focus on the development of oil and liquids-rich onshore resource plays. For the quarter, the company reported impairment of oil and gas properties of $0.500 million against $0.767 million a year ago. For the third quarter, the company expects production of 100,000 -- 110,000 Mcfe per day, LOE (including transportation and workovers) in a range of $10.0 million - $10.5 million. The company currently anticipate that total capital expenditure program for 2014 will be in the $215 - $225 million range, as previously announced, funded primarily from internally generated cash flow.

Contango Oil & Gas Company to Report Q2, 2014 Results on Aug 11, 2014

Contango Oil & Gas Company announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Aug 11, 2014

Contango Oil & Gas Company, Q2 2014 Earnings Call, Aug 12, 2014

Contango Oil & Gas Company, Q2 2014 Earnings Call, Aug 12, 2014

 

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