Contango Oil & Gas Company (NASDAQ:MCF) Expected To Report Earnings On Monday
Analysts await Contango Oil & Gas Company (NASDAQ:MCF) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.
They expect $-0.64 EPS, up 53.13% or $0.34 from last year’s $-0.98 per share.
At the moment 7 analysts are watching Contango Oil & Gas Company (NASDAQ:MCF), 2 rate it “Buy”, 3 “Outperform”, 2 “Underperform”, 0 “Sell”, while 0 “Hold”.
Looking forward, for the quarter ending Jun-16, 3 analysts have a mean sales target of 21.23 million. For the quarter ending Sep-16, 3 analysts have a mean sales target of 21.43 million whilst for the year ending Dec-16, 5 analysts have a mean target of 81.95 million.
In terms of earnings per share, 4 analysts have a -0.59 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 4 analysts have a -0.56 EPS mean target and for the quarter ending Sep-16 there are 6 estimates of -2.41 EPS.
The biggest institutional shareholders in Contango Oil & Gas Company include Ariel Investments, LLC which owns 5 million shares in the company valued at $30.41 million. Fidelity Management and Research Company is the second biggest holder with 2 million shares currently valued at 23.29 million whilst Oaktree Capital Management LLC has 1 million shares valued at 8.26 million.
Total shares held by institutions as of the most recent company filings are 17,621,350 with a reported 697,464 bought and 690,811 sold. These holdings make up 90.79% of the company’s outstanding shares.
Currently insiders hold 2,426,603 shares in the business which makes up 12.50% of shares. The biggest holder currently is Mr. Kenneth R. Peak who owns 1,516,000 shares (7.81% of those outstanding), whilst Allan D. Keel holds 240,461 (1.24% of shares outstanding) and E. Joseph Grady holds 112,912 (0.58% of shares outstanding).
The stock increased 0.99% or $0.12 during the last trading session, hitting $12.24. Contango Oil & Gas Company (NASDAQ:MCF) has risen 33.33% over the past 6 months and is uptrending.

