About the Company
Contango Oil & Gas Company is a Fort Worth, Texas based, independent oil and natural gas company whose business is to maximize production and cash flow from its offshore properties in the shallow waters of the Gulf of Mexico and onshore properties in Texas, Oklahoma, Wyoming, and Louisiana and, when determined appropriate, to use that cash flow to explore, develop, and increase production from its existing properties, to acquire additional PDP-heavy crude oil and natural gas properties or to pay down debt.
Sector
Mining, Quarrying, and Oil and Gas Extraction
Industry
Crude Petroleum and Natural Gas Extraction
Employees
205
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
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Latest $MCF News
A Weakening Diesel Market Is Becoming a Problem for Oil
The global diesel market is deteriorating, a concerning economic signal and food for thought for bullish oil traders.
Independence Energy to Combine With Contango in All-Stock Merger to Create a Premier U.S. Independent Oil and Gas Company
Independence Energy, LLC (“Independence”) and Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) today announced that they have entered into a definitive ...
Weak Diesel Prices Reflect Global Economic Slowdown
Back in September last year, Bloomberg reported that refineries around the world were struggling to keep up with demand for ...
Sluggish demand and oversupply sap European diesel markets
European diesel futures spreads are flashing signs of oversupply and slow demand with the three-month contango trading on Monday at its widest since August 2021.
The Commodities Feed: Oil Remains In Limbo
Energy - oil remains in limbo Oil prices settled marginally lower yesterday, although Brent has managed to stay just above ...
Commodities funds to buy as metal prices rise
Gold, copper and even non-metal raw materials such as oil are tracking higher and funds give investors a quick and easy way ...
Benchmark Diesel Price Below $4 Again As War-Led Rally Fizzles
The benchmark diesel price used for most fuel surcharges is back below $4 a gallon. A decline of 2.3 cents a gallon from the prior week's number put the Department of Energy/Energy Information Agency ...
Oil funds turn bullish as Mideast conflict intensifies
Portfolio investors are increasingly bullish about oil as Saudi Arabia and its OPEC⁺ allies restrict production in the face of rising demand and the shadow war between Israel and Iran spills into the ...
The Commodities Feed: Oil Surges On Escalation Fears
Middle distillate concerns Oil prices have surged this morning with Brent more than 2% higher at the time of writing, following unconfir ...
Oil Spills News
Apr. 18, 2024 — The 2010 Gulf of Mexico Deepwater Horizon oil spill, the largest accidental spill in history, released almost 100 million gallons of oil, causing significant pollution.
Contango Reaches $5M Close on $10M Blockchain x AI Seed Fund
Toronto, Canada, April 15, 2024 (GLOBE NEWSWIRE) -- Contango Digital Assets is pleased to announce the successful first close of its latest venture fund, the Contango Blockchain x AI Fund ...
A weakening diesel market is becoming a problem for oil
a concerning economic signal and food for thought for bullish oil traders. In Europe, the U.S. and Asia, futures markets have slumped into what’s known as contango whereby more immediate prices ...
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