| Contango reports 3Q loss | |
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HOUSTON (AP) _ Contango Oil & Gas Co. (MCF) on Tuesday reported a third-quarter loss of $185.7 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Houston-based company said it had a loss of $9.79. Earnings, adjusted for asset impairment costs, were $2.61 per share.
The oil and gas company posted revenue of $29 million in the period.
Contango shares have declined 70 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.65, a decrease of 75 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCF at http://www.zacks.com/ap/MCF
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Keywords: Contango, Earnings Report
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Contango Oil & Gas Company
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CODE : MCF |
ISIN : US21075N2045 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Contango Oil & Gas is a oil exploration company based in United states of america. Contango Oil & Gas is listed in United States of America. Its market capitalisation is US$ 82.0 millions as of today (€ 72.7 millions). Its stock quote reached its highest recent level on June 20, 2008 at US$ 95.16, and its lowest recent point on March 20, 2020 at US$ 0.84. Contango Oil & Gas has 25 479 438 shares outstanding. |