worth buying post Earnings results? Contango Oil & Gas (NYSE:MCF)

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Earnings results for Contango Oil & Gas (NYSE:MCF)

Contango Oil & Gas Company is estimated to report earnings on 11/10/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. The reported EPS for the same quarter last year was $-0.16.

Contango Oil & Gas last issued its quarterly earnings data on August 19th, 2020. The reported ($0.21) EPS for the quarter. The company earned $17.84 million during the quarter. Contango Oil & Gas has generated $0.00 earnings per share over the last year.

Analyst Opinion on Contango Oil & Gas (NYSE:MCF)

Dividend Strength: Contango Oil & Gas (NYSE:MCF)

Contango Oil & Gas does not currently pay a dividend. Contango Oil & Gas does not have a long track record of dividend growth.

Insiders buying/selling: Contango Oil & Gas (NYSE:MCF)

In the past three months, Contango Oil & Gas insiders have not sold or bought any company stock. Only 28.90% of the stock of Contango Oil & Gas is held by insiders. 36.21% of the stock of Contango Oil & Gas is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Contango Oil & Gas (NYSE:MCF

The P/E ratio of Contango Oil & Gas is -0.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Contango Oil & Gas is -0.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Contango Oil & Gas has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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