Contango

Contango, founded in 1999, is an independent oil and natural gas company specializing in the acquisition, exploration, development, exploitation, and production of hydrocarbon assets. Operating within the Energy, Utilities & Waste Treatment sector, Contango focuses on properties located in the shallow offshore waters of the Gulf of Mexico and onshore regions of Texas and Wyoming in the United States. The company's core business revolves around extracting valuable resources, contributing to the domestic energy supply chain. Its strategic approach involves identifying and developing reserves to maximize production and value.

With a presence across 15 locations and an employee base ranging from 500-1,000 employees, Contango maintains a significant operational footprint. The company's activities encompass the full lifecycle of oil and gas asset management, from initial exploration to production. As of December 31, 2016, Contango reported substantial proved reserves, including approximately 151.8 billion cubic feet equivalent, comprising natural gas, crude oil, condensate, and natural gas liquids. This robust reserve base underscores its capacity for sustained operations and resource development. For insights into the people driving these operations, you can Meet Contango's team.

Contango generated revenue of $685.7M. The company's financial performance is a key indicator of its operational success and market position within the competitive oil and gas industry. Its strategic acquisitions and development projects aim to enhance shareholder value and ensure long-term viability. Competitors in this dynamic market include established players like Comstock Resources Inc and Diamondback Energy. Investors and stakeholders can Explore financial highlights for detailed performance metrics and fiscal data, providing aView more...