Contango: 1Q Earnings Snapshot
Posted June 22, 2020 8:53 am.
Last Updated June 22, 2020 8:54 am.
This article is more than 5 years old.
HOUSTON (AP) _ Contango Oil & Gas Co. (MCF) on Monday reported a loss of $105.3 million in its first quarter.
On a per-share basis, the Houston-based company said it had a loss of 80 cents. Losses, adjusted for one-time gains and costs, were 1 cent per share.
The oil and gas company posted revenue of $34.6 million in the period.
The company’s shares closed at $3.39. A year ago, they were trading at $1.92.
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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 https://www.zacks.com/ap/MCF
The Associated Press