MCF News and Press, Contango Oil & Gas Company (TX) From 03/12/20

Contango Oil & Gas (NYSEMKT: MCF ) says it is extensively reviewing all of its producing areas "to determine the economic or operational justification for continuing to produce unhedged barrels in this price environment." More news on: Contango Oil & Gas Company, Energy stocks ne...

HOUSTON, March 12, 2020 (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”), as a result of the decline in commodity prices in the last several days, and especially oil prices, today provides a brief update on its...

To be, or not to be, that is the question: Whether 'tis nobler in the mind to suffer The slings and arrows of outrageous fortune, Or to take arms against a sea of troubles And by opposing end them. - Wm. Shakespeare, Hamlet What the heck does Shakespeare's Hamlet have to do with anythi...

Ever since Contango ( MCF ) merged with Crimson Exploration a few years back, the stock has dropped like a brick. The new management has been attempting to fix the damage done by the previous management. Those repairs have now attracted the attention of funds managed by T. Rowe Price (TR...

Welcome, ladies and gents! When I struggle to come up with titles for my articles, I know there is nothing that will attract readers like …. accounting!? Some of you may have decided to read this, not knowing that it would be about boring stuff like balance sheets and fruit bowls, while...

Ten years ago, gas production in the Marcellus Basin of Appalachia represented less than 5% of domestic production. At the end of 2018, it represented 41% of production. This stratospheric rise came to a halt in 2019 with production ending the year representing only 39% of production. Appalachia...

Every now and then the most important part of the quarter is not the earnings. That was definitely the case for Contango Oil & Gas ( MCF ). The company replaced its credit agreement with a new 5-year agreement while management went on a shopping spree. The replacement of the credit agree...

In Part 1 of this series (which you can read here ), I compiled lots of detail about U.S. independent E&P companies debt, including results of borrowing base reviews for fall 2019, a schedule by year of maturities and amounts, as well as other financial and operational metrics which reade...

Introduction Those readers who are Wild West history buffs will undoubtedly know the story of the "Hole in the Wall Gang," actually several distinct bands of robber outlaws in the late 1800s and early 1900s that included Butch Cassidy and his Wild Bunch gang (including The Sundance Kid). The...

HOUSTON, Dec. 23, 2019 (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) today announced that it has closed its previously announced private placement of 19,000,000 shares of common stock and 2,340,000 shares of...