Secondary Stock Offerings
By The Online Investor Staff, updated Sat., Nov. 17, 1:20 AM
| This Slide: #1 of 25 |
Slide #1. Contango Oil & Gas Company — Secondary Offering
Company:
Contango Oil & Gas Company (AMEX:MCF)
Date announced:
11/15/2018
Shares Offered:
7,500,000
Date of Pricing:
11/16/2018
Price Per Share:
$4.00
Secondary Offering Details:
Contango Oil & Gas Company (NYSE American:MCF) ("Contango" or the "Company") today announced the launch of an underwritten public offering of its common stock. The underwriters will have an option to purchase additional shares of common stock from the Company. Proceeds from the offering are expected to be used to reduce borrowings under the Company's revolving credit facility and for general corporate purposes, including funding future potential acquisitions. -updated 11/16- Contango Oil & Gas Company (NYSE American: MCF) ("Contango" or the "Company") today announced that it has priced a public offering of 7,500,000 shares of its common stock for total gross proceeds (before the underwriting discount and estimated expenses) of $30 million. The underwriters have an option for 30 days to purchase up to an additional 1,125,000 shares of common stock from the Company. Proceeds from the offering are expected to be used to reduce borrowings under the Company's revolving credit facility and for general corporate purposes, including funding future potential acquisitions.
Contango Oil & Gas is an independent oil and natural gas company. Co.'s business is focused on the production from its offshore properties in the shallow waters of the Gulf of Mexico and onshore properties in Texas and Wyoming. Co. is also engaged in the exploration, development, exploitation, production, and acquisition of crude oil and natural gas properties in onshore West Texas, the Texas Gulf Coast and the Rocky Mountain regions of the U.S. As of Dec 31 2017, Co.'s estimated proved reserves for crude oil and condensate, natural gas, and natural gas liquids were 10,649,000 barrels, 91,719,000,000 cubic feet, and 5,607,000 barrels, respectively.
Open the MCF Page at The Online Investor »
|
||||||||||||||||||||||||
Open the MCF Page at The Online Investor (in a new window) »
List of Secondary Stock Offerings in this Slideshow:
10/22/2018:
Company: Proteostasis Therapeutics, Inc. (PTI)
Shares Offered: 11,000,000
More: offering details »
10/22/2018:
Company: Eiger BioPharmaceuticals, Inc. (EIGR)
Shares Offered: 4,200,798
More: offering details »
10/22/2018:
Company: Chembio Diagnostics, Inc. (CEMI)
Shares Offered: N/A
More: offering details »
10/29/2018:
Company: The Lovesac Company (LOVE)
Shares Offered: 2,000,000
More: offering details »
10/29/2018:
Company: Clementia Pharmaceuticals Inc. (CMTA)
Shares Offered: 5,300,000
More: offering details »
10/29/2018:
Company: Novume Solutions, Inc. (NVMM)
Shares Offered: 4,125,000
More: offering details »
10/31/2018:
Company: Chembio Diagnostics, Inc. (CEMI)
Shares Offered: 2,370,435
More: offering details »
11/5/2018:
Company: Neos Therapeutics, Inc. (NEOS)
Shares Offered: 17,391,304
More: offering details »
11/7/2018:
Company: ENDRA Life Sciences Inc. (NDRA)
Shares Offered: 1,205,000
More: offering details »
11/7/2018:
Company: Sarepta Therapeutics, Inc. (SRPT)
Shares Offered: 3,817,000
More: offering details »
11/7/2018:
Company: GasLog Partners LP (GLOP)
Shares Offered: 4,000,000
More: offering details »
11/7/2018:
Company: New York Mortgage Trust, Inc. (NYMT)
Shares Offered: 12,500,000
More: offering details »
11/8/2018:
Company: Oasis Midstream Partners LP (OMP)
Shares Offered: 2,000,000
More: offering details »
11/8/2018:
Company: New Age Beverages Corp. (NBEV)
Shares Offered: 12,900,000
More: offering details »
11/9/2018:
Company: AcelRx Pharmaceuticals, Inc. (ACRX)
Shares Offered: 12,698,412
More: offering details »
11/13/2018:
Company: CareDx, Inc. (CDNA)
Shares Offered: 2,000,000
More: offering details »
11/13/2018:
Company: National General Holdings Corp. (NGHC)
Shares Offered: 5,000,000
More: offering details »
11/13/2018:
Company: Amalgamated Bank (AMAL)
Shares Offered: 2,000,000
More: offering details »
11/14/2018:
Company: NexPoint Residential Trust, Inc. (NXRT)
Shares Offered: 2,350,000
More: offering details »
11/14/2018:
Company: Helius Medical Technologies, Inc. (HSDT)
Shares Offered: 2,121,212
More: offering details »
11/14/2018:
Company: AGNC Investment Corp. (AGNC)
Shares Offered: 40,000,000
More: offering details »
11/14/2018:
Company: National Vision Holdings, Inc. (EYE)
Shares Offered: 12,500,000
More: offering details »
11/14/2018:
Company: Enstar Group Limited (ESGR)
Shares Offered: 4,400,000
More: offering details »
11/14/2018:
Company: Consolidated Edison, Inc. (ED)
Shares Offered: 13,636,363
More: offering details »
11/15/2018:
Company: Contango Oil & Gas Company (MCF)
Shares Offered: 7,500,000
More: offering details »
|
|
Avg. Broker Rec.
  
|
Hold (2.50 out of 4) 14th percentile
(ranked lower than approx. 86% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
