Contango Oil & Gas Co. (MCF) is Trading Lower on Unusual Volume for December 21

Equities Staff  |

Contango Oil & Gas Co. (MCF) experienced unusually high volume on Dec. 21, as the stock lost 2.41% to a closing price of $6.08. The stock saw 267,429 shares trade hands over the course of the day on 839 trades. Given that the stock’s average daily volume over the last month has been 136,791 shares a day, this represents a pretty substantial spike over the norm.

Contango Oil & Gas Co. has a P/B ratio of 0.34. The stock has traded between $33.17 and $6.06 over the last 52-weeks, its 50-day SMA is now $7.99, and its 200-day SMA $12.58.

Contango Oil & Gas Company is an independent energy company. It is engaged in the exploration, development, production and acquisition of crude oil, natural gas and natural gas liquids reserves in the Gulf of Mexico.

Headquartered in Houston, TX, Contango Oil & Gas Co. has 92 employees and is currently under the leadership of CEO Allan D. Keel.

For a complete fundamental analysis analysis of Contango Oil & Gas Co., check out’s Stock Valuation Analysis report for MCF. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:



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