Contango Oil & Gas Revenue, Profits - MCF Quarterly Income Statement

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$5.37 $0.26 (5.09%) MCF stock closing price Aug 16, 2018 (Closing)

MCF stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the Contango Oil & Gas stock price. In the income statement, an investor can check for important parameters like the topline or sales, the bottomline or profits, the basic EPS, dividends etc. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has decreased from 20.44M to 18.45M and how operating and non operating activities have impacted the MCF stock. The operating expenses as shown in the Contango Oil & Gas profit and loss statement for 2018 Q2 total to $15.63M. This line item shows that the operating expenses has decreased compared with last year. Also check: Contango Oil & Gas assets and Contango Oil & Gas free cash flow.

View and download details of revenue and profits for Contango Oil & Gas for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Contango Oil & Gas Revenues or Net Sales
18.45M20.44M20.02M18.83M20.28M19.42M21.66M19.58M19.36M17.58M
Cost Of Goods Sold (COGS)6.48M6.92M6.99M7.04M6.32M6.83M6.34M8.15M7.02M7.6M
Contango Oil & Gas Gross Profit
11.97M13.51M13.05M11.78M13.94M12.59M15.35M11.41M12.34M9.97M
Research & Development Expense----------
Selling General & Admin Expense6.13M10.05M6.4M6.3M7.23M6.62M14.34M8.65M6.63M7.75M
Income Before Depreciation Depletion Amortization5.44M2.98M6.24M5.17M6.42M5.87M-2.32M5.38M1.9M
Depreciation Depletion Amortization9.5M10.48M11.54M11.19M12.71M11.77M13.75M15.16M17.87M16.54M
Non Operating Income-1.71M10M--1.29M7.73M-2.68M1.39M-3.35M4.2M
Interest Expense1.26M1.4M1.3M1.13M----1.17M-
Contango Oil & Gas Pretax Income
-7.03M1.09M-6.37M-6.82M-5.91M1.07M-16.92M-12.43M-17.02M-11.31M
Provision for Income Taxes---0.77M----0.06M---
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations-7.18M--5.58M-6.92M-6.03M--16.84M-12.49M-17.3M-11.4M
Extraordinary Items & Discontinued Operations----------
Contango Oil & Gas Profit/ Loss (Net Income)
-7.18M--5.58M-6.92M-6.03M--16.84M-12.49M-17.3M-11.4M
Average Shares used to compute Diluted EPS24.93M24.84M24.25M24.71M24.67M22.13M24.56M22.7M19.12M19.08M
Average Shares used to compute Basic EPS24.93M24.79M24.25M24.71M24.67M22.13M24.56M22.7M19.12M19.08M
Income Before Nonrecurring Items-4.58M-4.64M-5.58M-6.92M-6.03M--10.14M-12.49M-9.3M-11.4M
Income from Nonrecurring Items-2.6M5.58M-----6.7M--8M-
Contango Oil & Gas Earnings Per Share Basic Net
-0.290.04-0.23-0.28-0.240.04-0.69-0.55-0.90-0.60
Contango Oil & Gas Earnings Per Share Diluted Net
-0.290.04-0.23-0.28-0.240.04-0.69-0.55-0.90-0.60
EPS Diluted Before Nonrecurring Items-0.19-0.18-0.23-0.28-0.240.04-0.42-0.55-0.48-0.60
Preferred Dividends Acc Pd----------
Dividends Common0.000.000.00-------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing Contango Oil & Gas stock analysis are:

  • Revenue: The money received by selling of goods or services comes under this line item. A QoQ growth - See: Contango Oil & Gas revenue chart, implies that the company is growing. It has not been the case with Contango Oil & Gas. One must look at stocks with increasing revenues, and stay away from stocks whose revenues or sales are declining.
  • Bottom line: The bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $-7.18M for MCF stock. An improving bottomline implies that the company is growing its profits.

The income statement is also called the profit and loss statement. Apart from the MCF income statement, one can check the Contango Oil & Gas historical stock prices to check how the price has moved with time.

Contango Oil & Gas Income Statement - Key Financial Ratios

PS Ratio (price sales ratio)
1.72
Dividend Yield
0%

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