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Contango Oil & Gas Company (MCF) [hlAlert]

Rating:
Accumulate
MCF
down 77.78 %

Contango Oil & Gas Company (MCF) rated Accumulate with price target $43 by Global Hunter Securities

Posted on: Monday,  Nov 3, 2014  10:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Accumulate Contango Oil & Gas Company (AMEX: MCF) on 11/03/2014, when the stock price was $34.71.
Since then, Contango Oil & Gas Company has lost 77.79% as of 08/27/2015's recent price of $7.71.
If you would have followed this Global Hunter Securities's recommendation on MCF, you would have lost 77.78% of your investment in 297 days.

Contango Oil & Gas Company (Contango) is a natural gas and oil company. The Company?s business is to explore, develop, produce and acquire natural gas and oil properties primarily offshore in the Gulf of Mexico. Contango Operators, Inc. (COI), its wholly owned subsidiary, acts as operator on certain offshore prospects. Contango, through its wholly owned subsidiary COI, and its partially owned subsidiaries, Republic Exploration, LLC (REX) and Contango Offshore Exploration, LLC (COE), conducts exploration activities in the Gulf of Mexico. As of August 31, 2009, Contango, through COI, REX and COE, had an interest in 25 offshore leases. As of June 30, 2009, the Company owned a 32.3% interest in REX and a 65.6% interest in COE.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/3/2014 10:25 AM Buy
None
34.71 43.00
as of 8/27/2015
1 Week up  5.04 %
1 Month down  -41.05 %
3 Months down  -52.93 %
1 YTD down  -77.78 %

(*) Stock Price at the time of the recommendation.
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