Contango Oil & Gas Company Current Cash

Contango Oil & Gas Company posts a current cash of $3.1M as of September 2021. That compares with $3M in the prior-year period — up 3.9% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Contango Oil & Gas Company's current cash was $3M. The latest reading is $3.1M — a 3.9% year-over-year increase (period ending September 2021). Use the history and growth charts on this page for a longer lookback.

Current Cash is one piece of Contango Oil & Gas Company's financial statement story. At $3.1M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for MCF's current cash usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Contango Oil & Gas Company's other metric pages and overview cover the third.

Judging Contango Oil & Gas Company against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in current cash easier to interpret. Start with $3.1M here, then scan peer and history charts to see if the gap is persistent.