Published On: Wed, Oct 19th, 2016

Contango Oil & Gas Company (MCF) Updated Analyst Coverage


A number of investment brokers have recently updated their price targets on shares of Contango Oil & Gas Company (MCF).

Most recent broker ratings

03/23/2016 – Contango Oil & Gas Company had its “neutral” rating reiterated by analysts at SunTrust. They now have a USD 12 price target on the stock.

02/23/2016 – Ladenburg Thalmann began new coverage on Contango Oil & Gas Company giving the company a “buy” rating. They now have a USD 7 price target on the stock.

11/05/2015 – Contango Oil & Gas Company had its “outperform” rating reiterated by analysts at RBC Capital. They now have a USD 13 price target on the stock.

11/02/2015 – Contango Oil & Gas Company had its “outperform” rating reiterated by analysts at FBR Capital Markets. They now have a USD 15 price target on the stock.

08/12/2015 – Contango Oil & Gas Company had its “buy” rating reiterated by analysts at MLV & Co. They now have a USD 15 price target on the stock.

07/21/2015 – Contango Oil & Gas Company had its “neutral” rating reiterated by analysts at Global Hunter Securities. They now have a USD 11.25 price target on the stock.

05/12/2015 – Contango Oil & Gas Company had its “buy” rating reiterated by analysts at National Securities. They now have a USD 36 price target on the stock.

04/28/2015 – GMP Securities began new coverage on Contango Oil & Gas Company giving the company a “buy” rating.

02/20/2015 – Contango Oil & Gas Company was upgraded to “neutral” by analysts at Zacks. They now have a USD 27.3 price target on the stock.

01/02/2015 – Contango Oil & Gas Company had its “buy” rating reiterated by analysts at Brean Capital. They now have a USD 40 price target on the stock.

11/26/2014 – Sidoti began new coverage on Contango Oil & Gas Company giving the company a “buy” rating.

01/31/2014 – Contango Oil & Gas Company was upgraded to “hold” by analysts at Jefferson Research.

The share price of Contango Oil & Gas Company (MCF) was down -0.20% during the last day of trading, with a day high of 10.38. 81577 shares were traded during the last session.

The stock’s 50 day moving average is 9.95 and its 200 day moving average is 11.18. The stock’s market capitalization is 245.61M. Contango Oil & Gas Company has a 52-week low of 3.68 and a 52-week high of 14.14.

Contango Oil & Gas Company (Contango) is an independent oil and natural gas company. The Company is engaged in the exploration, development, exploitation and acquisition of crude oil and natural gas properties in the onshore Texas Gulf Coast, offshore properties in the shallow waters of the Gulf of Mexico (GOM) and Rocky Mountain regions of the United States. The Company’s properties are located in Gulf of Mexico; Madison and Grimes counties, Texas; Zavala and Dimmit counties, Texas; Weston County, Wyoming; Texas Gulf Coast, and Sublette County, Wyoming. In addition, the Company has operated properties producing from various conventional formations in various counties along the Texas Gulf Coast; operated producing properties in the Denver Julesburg Basin (DJ Basin) in Weld and Adams counties in Colorado, and operated producing properties in the Haynesville Shale, Mid Bossier and James Lime formations in East Texas.