Steven Schoonover - Contango Oil Independent Director

Director

Mr. Steven L. Schoonover is an Independent Director of Contango Oil Gas Co., Mr. Schoonover was elected a director of Contango in November 2005. Mr. Schoonover was most recently Chief Executive Officer of Cellxion, L.L.C., a company he founded in September 1996 and sold in September 2007, which specialized in construction and installation of telecommunication buildings and towers, as well as the installation of hightech telecommunication equipment. Since the sale in September 2007, Mr. Schoonover continued to serve as a consultant to the current management team of Cellxion, L.L.C. From 1990 until its sale in November 1997 to Telephone Data Systems, Inc., Mr. Schoonover served as President of Blue Ridge Cellular, Inc., a fullservice cellular telephone company he cofounded. From 1983 to 1996, he served in various positions, including President and Chief Executive Officer, with Fibrebond Corporationrationration, a construction firm involved in cellular telecommunications buildings, site development and tower construction. Mr. Schoonover was awarded, on two occasions with two different companies, Entrepreneur of the Year, sponsored by Ernst Young, Inc. Magazine and USA Today. Mr. Schoonover graduated from Ohio University in 1967 with a BFA in Communications for Organizations and received his Juris Doctor from Creighton University in 1972. He is currently a member of the Texas Bar. Mr. Schoonovers provides our Board with his leadership skills including his business, legal and financial experience and his corporate governance expertise. since 2005.
Age 68
Tenure 19 years
Phone817 529-0059
Webwww.contango.com

Contango Oil Management Efficiency

The company has Return on Asset of (11.99) % which means that on every $100 spent on assets, it lost $11.99. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (500.7) %, meaning that it generated no profit with money invested by stockholders. Contango Oil's management efficiency ratios could be used to measure how well Contango Oil manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 125.19 M in debt with debt to equity (D/E) ratio of 2.39, meaning that the company heavily relies on borrowing funds for operations. Contango Oil Gas has a current ratio of 0.44, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Contango Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Contango Oil's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Contango Oil Gas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Contango to invest in growth at high rates of return. When we think about Contango Oil's use of debt, we should always consider it together with cash and equity.

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Contango Oil Gas Company, an independent oil and natural gas company, acquires, explores, develops, exploits, and produces crude oil and natural gas properties in the shallow waters of the Gulf of Mexico and onshore properties in Texas, Oklahoma, Louisiana, and Wyoming in the United States. The company was founded in 1986 and is headquartered in Houston, Texas. Contango Oil operates under Oil Gas EP classification in the United States and is traded on NYSEMKT Exchange. It employs 205 people. Contango Oil Gas (MCF) is traded on NYSE MKT Exchange in USA and employs 205 people.

Management Performance

Contango Oil Gas Leadership Team

Elected by the shareholders, the Contango Oil's board of directors comprises two types of representatives: Contango Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Contango. The board's role is to monitor Contango Oil's management team and ensure that shareholders' interests are well served. Contango Oil's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Contango Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
Charles Reimer, Independent Director
Thomas Atkins, Sr. VP of Exploration
Joseph Romano, Independent Chairman of the Board
Allan Keel, CEO and President Director and Member of Investment Committee
James Ford, Independent Director
Denise DuBard, Chief Accounting Officer, Controller
Jay Mengle, Sr. VP of Engineering
James Metcalf, Senior Vice President – Operations, Principal Operating Officer
Edward Grady, Chief Financial Officer, Senior Vice President
John Goff, Non-Executive Independent Chairman of the Board
Lon McCain, Independent Director
Michael Autin, Vice President - Operations
John Thomas, Vice President General Counsel, Secretary
Anthony Isaac, Sr. VP of Operations
Bill Berilgen, Independent Director
Farley Dakan, Senior Vice President – Corporate Development
Steven Schoonover, Independent Director
Wilkie Colyer, President, Chief Executive Officer, Director
B Ford, Independent Director
Joseph Grady, CFO and Sr. VP

Contango Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Contango Oil a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Contango Oil Gas information on this page should be used as a complementary analysis to other Contango Oil's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Other Consideration for investing in Contango Stock

If you are still planning to invest in Contango Oil Gas check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Contango Oil's history and understand the potential risks before investing.
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