Insider Trading Alert: Contango Oil & Gas Company $MCF

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Contango Oil & Gas Company (ARCA:MCF) insiders have most recently took part in a trading activity. On Nov 30, 2017 Grady E Joseph, SVP and CFO bought 8,000 shares having total worth of $19,600 at the price of $2.45 per share, following the transaction a total of 175,348 shares owned by Grady E Joseph.

On Nov 29, 2017 Keel Allan D, President and CEO bought 4,000 shares having total worth of $9,200 at the price of $2.3 per share, following the transaction a total of 363,788 shares owned by Keel Allan D. Before this latest buy, Keel Allan D purchased MCF at 1 other times during the past twelve months, for a total investment of $12,480 at an average of $3.12 per share.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 1 sell activities and 1 buy trades. Furthermore, over the past 12 months , the stock was traded 3 times by insiders. In 2 of these trades, the insider was a seller while an employee of the company was the buyer in 1 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 1 -56.43%
12 Month 1 2 -81.25%

Shares of Contango Oil & Gas Company (ARCA:MCF) traded up 7.49% on Nov 30, 2017, hitting $2.44. 859,837 shares of the company’s stock traded hands. Contango Oil & Gas Company has a 52 week low of $2.27 and a 52 week high of $13.03. The company’s market cap is $217 million.

Contango Oil & Gas Company (ARCA:MCF) last announced its earnings results on Nov 7, 2017. The company reported -0.28 earnings per share (EPS) for the quarter, lower than the consensus estimate of -0.22 by $0.06. The company had revenue of $19 million for the quarter, compared to the consensus estimate of $20 million. During the same quarter in the previous year, the company posted -0.55 earnings per share. The company’s revenue for the quarter was down 4% on a year-over-year basis.

2017-11-07 2017-08-02 2017-05-09 2017-03-15 2016-11-02 2016-05-09 2016-03-14 2015-11-03 2015-08-06 2015-05-11
earnings per share -0.28 -0.24 0.00 -0.69 -0.55 -0.60 -2.15 -0.86 -0.68 -0.98
Revenue(M) 18.83 20.28 0 21.66 19.58 17.58 21.49 29.04 35.33 30.65

Contango Oil & Gas Company is engaged in the exploration, development, production and acquisition of natural gas and oil properties offshore in the shallow waters of the Gulf of Mexico. The Company has a offshore interest in the Alta Resources Investments, LLC, whose primary area of focus is the liquids-rich Kaybob Duvernay in Alberta, Canada; Exaro Energy III LLC, which is primarily focused on the development of proved natural gas reserves in the Jonah Field in Wyoming; and the Tuscaloosa Marine Shale.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.