Contango Oil & Gas Company Net Income

Contango Oil & Gas Company posts a net income of $-77M as of September 2021. That compares with $-280M in the prior-year period — up 72.2% year over year. That is below the Energy sector average of $50B. 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 net income was $-280M. The latest reading is $-77M — a 72.2% year-over-year increase (period ending September 2021). Use the history and growth charts on this page for a longer lookback.

For Energy stocks, a net income near $50B is typical. Contango Oil & Gas Company's $-77M is lower that level. That is roughly 100.2% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Net Income is one piece of Contango Oil & Gas Company's financial statement story. At $-77M, 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 net income usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $50B), 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.