Why We're Buying Contango Oil & Gas

The video below is part of The Motley Fool's "11 O'Clock Stock" series where we're recommending a new stock every weekday at 11 a.m. ET on Fool.com for 50 weekdays. To see a video of co-founder Tom Gardner explaining the series, click here. To see our original recommendation of Contango Oil & Gas (AMEX: MCF  ) , click here.

In the video below, Motley Fool Special Ops analyst Toby Shute explains why he thinks Contango deserves a place in your portfolio. Shute likes the company for its clean balance sheet and extremely low all-in costs. Its cost structure even beats other efficient operators like Southwestern Energy (NYSE: SWN  ) . However, don't let Contango's conservative balance sheet fool you; the company made some well-timed swings for the fences as well. All things considered, while Shute acknowledges the risks of investing offshore, he thinks an investment in Contango stacks the odds in your favor.

To see Toby Shute's full thoughts on Contango, click on the video below.

Fool contributor Toby Shute doesn't have a position in any company mentioned. Check out his CAPS profile or follow his articles using Twitter or RSS. The Fool owns shares of Contango. The Motley Fool has a disclosure policy.


Read/Post Comments (0) | Recommend This Article (5)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 1294281, ~/Articles/ArticleHandler.aspx, 8/1/2014 2:28:17 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

TREND TRACKER: Get Rich When the Web Goes Dark

It's time to say "goodbye" to your Internet! One bleeding-edge technology is about to put the World Wide Web to bed. And if you act right away, it could make you wildly rich. Experts are calling it the single largest business opportunity in the history of capitalism… The Economist is calling it "transformative"... but you'll probably just call it "how I made my millions." Big money is already on the move. Don't be too late to the party – find out the 1 stock to own when the Web goes dark.


Advertisement