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A report released today by RBC Capital Markets about Contango Oil & Gas Company (NYSEMKT:MCF) lowers the target price to $6.00

Having a price of $3.34, Contango Oil & Gas Company (NYSEMKT:MCF) traded -0.17% lower on the day. The last stock price is down -16.07% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. MCF has recorded a 50-day moving average of $6.38 and a 200-day moving average of $7.14. 45,081 shares of MCF traded hands, down from an average trading volume of 114,469

In a report announced on 11/13/2017 RBC Capital Markets bumped down the target of Contango Oil & Gas Company (NYSEMKT:MCF) from $7.00 to $6.00 stating a potential upside of 0.80%.

Previously on Wednesday July 12, 2017, Roth Capital released a statement about Contango Oil & Gas Company (NYSEMKT:MCF) raised the target price from $0.00 to $10.00 that suggested an upside of 0.56%.

Recent Performance Chart

Contango Oil & Gas Company (NYSEMKT:MCF)

With a total market value of $0, Contango Oil & Gas Company has with a one year low of $5.59 and a one year high of $11.98 .

A total of 6 analysts have released a research note on MCF. One analyst rating the company a strong buy, three analysts rating the company a buy, two firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $10.58.

About Contango Oil & Gas Company (NYSEMKT:MCF)

Contango Oil & Gas Company (Contango) is an independent oil and natural gas company. The Company is engaged in the exploration, development, exploitation and acquisition of crude oil and natural gas properties in the onshore Texas Gulf Coast, offshore properties in the shallow waters of the Gulf of Mexico (GOM) and Rocky Mountain regions of the United States. The Company's properties are located in Gulf of Mexico; Madison and Grimes counties, Texas; Zavala and Dimmit counties, Texas; Weston County, Wyoming; Texas Gulf Coast, and Sublette County, Wyoming. In addition, the Company has operated properties producing from various conventional formations in various counties along the Texas Gulf Coast; operated producing properties in the Denver Julesburg Basin (DJ Basin) in Weld and Adams counties in Colorado, and operated producing properties in the Haynesville Shale, Mid Bossier and James Lime formations in East Texas.

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