Shares of Contango Oil & Gas (NYSEAMERICAN:MCF – Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.22 and traded as low as $3.16. Contango Oil & Gas shares last traded at $3.22, with a volume of 3,621,000 shares trading hands.
Contango Oil & Gas Stock Performance
The company has a market capitalization of $648.31 million, a P/E ratio of -7.67 and a beta of 2.02. The company has a current ratio of 0.45, a quick ratio of 0.44 and a debt-to-equity ratio of 2.25. The company’s fifty day moving average is $3.22 and its 200 day moving average is $3.22.
About Contango Oil & Gas
Contango Oil & Gas Company is an independent energy firm headquartered in Houston, Texas, engaged in the acquisition, exploration, development and production of oil and natural gas properties. The company’s activities span the full upstream cycle, from lease acquisition and well planning through drilling, completion and production operations, enabling Contango to manage costs and operational quality at each stage of development.
Contango’s asset base is concentrated in the onshore Gulf Coast region of the United States, with principal operations in East Texas, West Texas and southern Louisiana.
See Also
- Five stocks we like better than Contango Oil & Gas
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- A U.S. “birthright” claim worth trillions – activated quietly
- BNZI: BNZI Surges Ahead as AI Marketing Fuels Record Revenue
- This stock gets a 94 out of 100
Receive News & Ratings for Contango Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Contango Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.
