Contango: 1Q Earnings Snapshot
HOUSTON (AP) _ Contango Oil & Gas Co. (MCF) on Monday reported a loss of $105.3 million in its first quarter.
On a per-share basis, the Houston-based company said it had a loss of 80 cents. Losses, adjusted for one-time gains and costs, were 1 cent per share.
The oil and gas company posted revenue of $34.6 million in the period.
The company’s shares closed at $3.39. A year ago, they were trading at $1.92.