Contango Announces Fourth Quarter and Year Ended 2015 Financial Results

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Contango Oil & Gas (MCF) Posts Q4 GAAP Loss of $5.85/Share

March 14, 2016 5:09 PM EDT

Contango Oil & Gas (NYSE: MCF) reported Q4 EPS of ($5.85), $5.04 worse than the analyst estimate of ($0.81). Revenue for the quarter came in at $21.5 million versus the consensus estimate of $23.16 million.

Excluding the impairment charges for both periods and the forfeited deposit, the net loss,... More