BackContango Oil & Gas Company Overview

Contango Oil & Gas Company EBIT

Latest ebit for MCF: $61M, below the Energy sector average of $200B.

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Quarterly EBIT

$29.35M
1383.22% YoY

As of Sep 30, 2021

Annual EBIT (TTM)

$60.73M
304.59% YoY

Trailing 12 months ending Sep 30, 2021

Average EBIT (Comparison Companies)

EBIT History

EBIT Comparison

Annual EBIT Growth Rate (%)

Annual EBIT Growth (Absolute)

Contango Oil & Gas Company (MCF) FAQ

The latest EBIT for MCF is $61M as of September 2021. That compares with $-30M in the prior-year period — up 304.6% year over year. That is below the Energy sector average of $200B. Investors often review this figure alongside Contango Oil & Gas Company's historical trend and sector peers before judging valuation or financial health.

Over the past year, MCF's EBIT moved from $-30M to $61M — a 304.6% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Contango Oil & Gas Company's operating scale or balance-sheet position.

Against Energy companies, MCF currently prints $61M for EBIT, while the sector average sits near $200B. That is roughly 100.0% below the sector mean. Large gaps often invite a closer look at Contango Oil & Gas Company's growth, margins, and balance sheet.

A EBIT figure of $61M for MCF is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Energy average is about $200B. Explore the charts below for those layers of context.

After noting MCF's EBIT ($61M), review year-over-year change from $-30M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.