Contango Oil & Gas (NYSEAMERICAN:MCF) Director John C. Goff purchased 40,000 shares of the business’s stock in a transaction on Wednesday, November 28th. The shares were acquired at an average cost of $3.85 per share, for a total transaction of $154,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
NYSEAMERICAN MCF opened at $4.05 on Friday. Contango Oil & Gas has a 52 week low of $2.22 and a 52 week high of $7.32.
A number of institutional investors and hedge funds have recently bought and sold shares of MCF. Laurion Capital Management LP purchased a new stake in Contango Oil & Gas in the second quarter valued at approximately $119,000. PEAK6 Investments L.P. purchased a new stake in Contango Oil & Gas in the 2nd quarter valued at $180,000. Jane Street Group LLC purchased a new position in shares of Contango Oil & Gas during the 2nd quarter worth $219,000. Alambic Investment Management L.P. acquired a new position in Contango Oil & Gas during the 2nd quarter worth about $228,000. Finally, Fondren Management LP acquired a new position in Contango Oil & Gas during the 2nd quarter worth about $341,000.
About Contango Oil & Gas
Contango Oil & Gas Company, an independent oil and natural gas company, acquires, explores, develops, exploits, and produces crude oil and natural gas properties in the shallow waters of the Gulf of Mexico and onshore properties in Texas and Wyoming in the United States. As of December 31, 2017, it had proved reserves of approximately 189.3 billion cubic feet equivalent, including 91.7 billion cubic feet of natural gas, 10.6 million barrels of crude oil and condensate, and 5.6 million barrels of natural gas liquids.
Featured Story: Hedge Funds – Risk or Reward?
Receive News & Ratings for Contango Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Contango Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.