Cobalt International Energy Company Profile (NYSE:CIE)

About Cobalt International Energy (NYSE:CIE)

Cobalt International Energy logoCobalt International Energy, Inc. is an independent exploration and production company. The Company has its operations focused in the deepwater United States Gulf of Mexico. The Company also has a non-operated interest in the Diaba Block offshore Gabon in West Africa. The Company's exploration efforts in the United States Gulf of Mexico has resulted in four oil and natural gas discoveries including the North Platte, Shenandoah, Anchor and Heidelberg fields. The Heidelberg field commenced its production and the North Platte, Shenandoah and Anchor field are in various stages of appraisal and development. The Company has drilled nine exploratory wells, three appraisal wells and four development wells (one of, which was drilled to be used as a pressure-maintenance well in the Cameia development) in the northern pre-salt Kwanza Basin offshore Angola, and one exploratory well in the pre-salt deepwater region offshore Gabon.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: Oil & Gas Exploration & Production
  • Symbol: NYSE:CIE
  • CUSIP: 19075F10
  • Web: www.cobaltintl.com
Capitalization:
  • Market Cap: $113.7 million
  • Outstanding Shares: 442,738,000
Average Prices:
  • 50 Day Moving Avg: $0.37
  • 200 Day Moving Avg: $0.80
  • 52 Week Range: $0.25 - $2.47
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.47
  • P/E Growth: -0.1300
Sales & Book Value:
  • Annual Revenue: $25.04 million
  • Price / Sales: 4.54
  • Book Value: ($2.58) per share
  • Price / Book: -0.10
Profitability:
  • EBIDTA: ($1,780,000,000.00)
  • Return on Equity: -29.82%
  • Return on Assets: -9.57%
Debt:
  • Debt-to-Equity Ratio: 2.09%
  • Current Ratio: 4.07%
  • Quick Ratio: 4.07%
Misc:
  • Average Volume: 10.27 million shs.
  • Beta: 2.17
  • Short Ratio: 6.49
 

Frequently Asked Questions for Cobalt International Energy (NYSE:CIE)

What is Cobalt International Energy's stock symbol?

Cobalt International Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIE."

How were Cobalt International Energy's earnings last quarter?

Cobalt International Energy, Inc. (NYSE:CIE) issued its quarterly earnings results on Monday, May, 8th. The company reported ($0.15) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by $0.02. The firm earned $9.87 million during the quarter, compared to analysts' expectations of $14.10 million. View Cobalt International Energy's Earnings History.

Where is Cobalt International Energy's stock going? Where will Cobalt International Energy's stock price be in 2017?

6 analysts have issued twelve-month price targets for Cobalt International Energy's stock. Their predictions range from $0.50 to $3.00. On average, they expect Cobalt International Energy's stock price to reach $1.41 in the next twelve months. View Analyst Ratings for Cobalt International Energy.

Are investors shorting Cobalt International Energy?

Cobalt International Energy saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 83,772,296 shares, an increase of 7.6% from the April 28th total of 77,829,952 shares. Based on an average daily trading volume, of 9,399,429 shares, the days-to-cover ratio is presently 8.9 days. Currently, 23.1% of the shares of the company are short sold.

Who are some of Cobalt International Energy's key competitors?

Who owns Cobalt International Energy stock?

Cobalt International Energy's stock is owned by many different of retail and institutional investors. Top institutional investors include Riverstone Holdings LLC (7.79%), Carlyle Group L.P. (7.79%), Vanguard Group Inc. (6.16%), Caisse DE Depot ET Placement DU Quebec (1.42%), Proxima Capital Management LLC (1.08%) and Bank of New York Mellon Corp (0.47%). Company insiders that own Cobalt International Energy stock include James H Painter, James W Farnsworth, Jeffrey A Starzec, Joseph H Bryant, Lynne L Hackedorn, Paulson & Co Inc, Richard Anthony Smith, Timothy J Cutt and Van P Whitfield. View Institutional Ownership Trends for Cobalt International Energy.

Who sold Cobalt International Energy stock? Who is selling Cobalt International Energy stock?

Cobalt International Energy's stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., York Capital Management Global Advisors LLC, Point72 Asset Management L.P., Vanguard Group Inc., Dimensional Fund Advisors LP, Credit Suisse AG, Schwab Charles Investment Management Inc. and Alliancebernstein L.P.. View Insider Buying and Selling for Cobalt International Energy.

Who bought Cobalt International Energy stock? Who is buying Cobalt International Energy stock?

Cobalt International Energy's stock was acquired by a variety of institutional investors in the last quarter, including Cobalt Capital Management Inc., Proxima Capital Management LLC, SG Americas Securities LLC, Bank of Montreal Can, California Public Employees Retirement System, KCG Holdings Inc., Goldman Sachs Group Inc. and Bank of New York Mellon Corp. View Insider Buying and Selling for Cobalt International Energy.

How do I buy Cobalt International Energy stock?

Shares of Cobalt International Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Cobalt International Energy stock cost?

One share of Cobalt International Energy stock can currently be purchased for approximately $0.26.

Analyst Ratings

Consensus Ratings for Cobalt International Energy (NYSE:CIE) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.17)
Consensus Price Target: $1.41 (449.07% upside)

Analysts' Ratings History for Cobalt International Energy (NYSE:CIE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/4/2017Sanford C. BernsteinDowngradeOutperform -> Market Perform$2.00 -> $1.20HighView Rating Details
5/3/2017Citigroup IncDowngradeNeutral -> SellHighView Rating Details
11/8/2016Credit Suisse Group AGReiterated RatingHold$1.35N/AView Rating Details
10/19/2016Jefferies Group LLCReiterated RatingHold$1.00N/AView Rating Details
8/18/2016Tudor PickeringUpgradeHold -> BuyN/AView Rating Details
8/3/2016Deutsche Bank AGLower Price TargetBuy$7.00 -> $3.00N/AView Rating Details
2/23/2016Royal Bank of CanadaLower Price TargetSector Perform$7.00 -> $6.00N/AView Rating Details
2/3/2016Stifel NicolausDowngradeBuy -> HoldN/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Cobalt International Energy (NYSE:CIE)
Earnings by Quarter for Cobalt International Energy (NYSE:CIE)
Earnings History by Quarter for Cobalt International Energy (NYSE:CIE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017Q1 2017($0.13)($0.15)$14.10 million$9.87 millionViewListenView Earnings Details
3/14/2017Q4 2016($0.13)($0.43)$7.10 million$7.77 millionViewListenView Earnings Details
11/1/2016Q316($0.15)($0.18)$6.31 million$4.23 millionViewN/AView Earnings Details
8/2/2016Q216($0.11)($0.49)$4.98 million$3.17 millionViewListenView Earnings Details
5/3/2016Q116($0.13)($0.08)$3.30 million$1.64 millionViewListenView Earnings Details
2/22/2016Q415($0.15)($0.80)$301.00 millionViewListenView Earnings Details
11/3/2015Q315($0.17)($0.12)$0.67 millionViewListenView Earnings Details
8/4/2015Q215($0.19)($0.15)$2.00 millionViewListenView Earnings Details
5/5/2015Q115($0.22)($0.20)$0.25 millionViewListenView Earnings Details
2/23/2015Q414($0.26)($0.25)$0.50 millionViewListenView Earnings Details
11/4/2014Q314($0.18)($0.21)$0.01 millionViewListenView Earnings Details
8/5/2014Q214($0.17)($0.13)$0.01 millionViewListenView Earnings Details
5/1/2014Q114($0.17)($0.14)$0.01 millionViewListenView Earnings Details
2/27/2014Q413($0.16)($0.21)ViewListenView Earnings Details
10/29/2013Q313($0.17)($0.12)$390.00 millionViewListenView Earnings Details
7/30/2013Q2 2013($0.15)($0.11)$0.28 millionViewListenView Earnings Details
4/30/2013Q1 2013($0.15)($0.15)$170.00 millionViewListenView Earnings Details
2/26/2013Q4 2012($0.10)($0.16)ViewListenView Earnings Details
10/30/2012Q312($0.10)($0.10)ViewN/AView Earnings Details
7/31/2012($0.09)($0.11)ViewN/AView Earnings Details
5/1/2012($0.10)($0.09)ViewN/AView Earnings Details
2/21/2012($0.08)($0.13)ViewN/AView Earnings Details
11/1/2011($0.06)($0.12)ViewN/AView Earnings Details
7/27/2011($0.08)($0.05)ViewN/AView Earnings Details
5/3/2011($0.07)($0.05)ViewN/AView Earnings Details
3/1/2011($0.08)($0.09)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Cobalt International Energy (NYSE:CIE)
2017 EPS Consensus Estimate: ($0.58)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.19)($0.11)($0.15)
Q2 20172($0.18)($0.12)($0.15)
Q3 20172($0.18)($0.10)($0.14)
Q4 20172($0.18)($0.10)($0.14)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Cobalt International Energy (NYSE:CIE)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Cobalt International Energy (NYSE:CIE)
Insider Ownership Percentage: 2.80%
Insider Trades by Quarter for Cobalt International Energy (NYSE:CIE)
Institutional Ownership by Quarter for Cobalt International Energy (NYSE:CIE)
Insider Trades by Quarter for Cobalt International Energy (NYSE:CIE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/30/2016James W FarnsworthInsiderSell21,545$1.24$26,715.80View SEC Filing  
8/16/2016Timothy J CuttCEOBuy100,000$1.00$100,000.00View SEC Filing  
2/25/2016Jeffrey A StarzecEVPSell10,000$2.51$25,100.00View SEC Filing  
2/25/2016Joseph H BryantCEOSell76,525$2.51$192,077.75View SEC Filing  
2/19/2016James H PainterEVPSell5,879$2.18$12,816.22View SEC Filing  
2/19/2016Lynne L HackedornVPSell2,255$2.18$4,915.90View SEC Filing  
2/19/2016Van P WhitfieldCOOSell7,207$2.18$15,711.26View SEC Filing  
12/31/2015James H PainterEVPSell2,530$5.29$13,383.70View SEC Filing  
12/31/2015Lynne L HackedornVPSell927$5.29$4,903.83View SEC Filing  
12/31/2015Richard Anthony SmithSVPSell1,115$5.29$5,898.35View SEC Filing  
12/31/2015Van P WhitfieldCOOSell5,159$5.29$27,291.11View SEC Filing  
12/18/2015Van P WhitfieldCOOSell200,000$5.42$1,084,000.00View SEC Filing  
12/11/2015Paulson & Co. Inc.Major ShareholderSell757,900$6.74$5,108,246.00View SEC Filing  
6/11/2015Jeffrey A StarzecEVPSell45,000$10.64$478,800.00View SEC Filing  
1/2/2015James H PainterEVPSell5,685$8.84$50,255.40View SEC Filing  
1/2/2015James W FarnsworthInsiderSell2,499$8.87$22,166.13View SEC Filing  
12/31/2014John P WilkirsonCFOSell30,000$8.89$266,700.00View SEC Filing  
12/31/2014Joseph H BryantCEOSell48,640$8.82$429,004.80View SEC Filing  
12/31/2014Lynne L HackedornVPSell1,783$8.72$15,547.76View SEC Filing  
12/31/2014Michael D DrennonEVPSell3,217$8.70$27,987.90View SEC Filing  
12/31/2014Richard Anthony SmithSVPSell1,673$8.71$14,571.83View SEC Filing  
12/31/2014Van P WhitfieldCOOSell49,540$8.82$436,942.80View SEC Filing  
12/30/2014John P WilkirsonCFOSell10,000$8.88$88,800.00View SEC Filing  
12/29/2014Jeffrey A StarzecSVPSell11,660$8.99$104,823.40View SEC Filing  
12/29/2014John P WilkirsonCFOSell10,000$8.99$89,900.00View SEC Filing  
12/22/2014James H PainterEVPSell63,375$8.81$558,333.75View SEC Filing  
12/22/2014James W FarnsworthInsiderSell31,665$8.82$279,285.30View SEC Filing  
12/22/2014Joseph H BryantCEOSell207,450$8.80$1,825,560.00View SEC Filing  
12/22/2014Lynne L HackedornVPSell11,341$8.82$100,027.62View SEC Filing  
12/22/2014Richard Anthony SmithSVPSell6,760$8.82$59,623.20View SEC Filing  
9/25/2014Paulson & Co IncMajor ShareholderSell9,400$13.91$130,754.00View SEC Filing  
7/1/2014Jack E GoldenDirectorSell2,500$18.32$45,800.00View SEC Filing  
6/12/2014Jeffrey A StarzecSVPSell12,500$18.56$232,000.00View SEC Filing  
6/2/2014Jack E GoldenDirectorSell2,500$18.16$45,400.00View SEC Filing  
5/2/2014James FarnsworthInsiderSell25,000$19.50$487,500.00View SEC Filing  
5/1/2014Jack GoldenDirectorSell2,500$18.84$47,100.00View SEC Filing  
4/3/2014Michael DrennonEVPSell2,721$18.46$50,229.66View SEC Filing  
8/5/2013Van WhitfieldCOOSell126,034$30.01$3,782,280.34View SEC Filing  
7/19/2013Kenneth A PontarelliDirectorSell2,800$29.10$81,480.00View SEC Filing  
6/10/2013Jeffrey A StarzecSVPSell50,474$26.22$1,323,428.28View SEC Filing  
5/10/2013Steenbergen D Jeff VanDirectorSell4,000,000$26.62$106,480,000.00View SEC Filing  
1/18/2013First Reserve Gp Xi, Inc.Major ShareholderSell10,000,000$25.00$250,000,000.00View SEC Filing  
10/19/2012De Depot Et Placement D CaisseMajor ShareholderBuy11,400$21.71$247,494.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Cobalt International Energy (NYSE:CIE)
Latest Headlines for Cobalt International Energy (NYSE:CIE)
Source:
DateHeadline
bizjournals.com logoHouston upstream co. cuts nearly $340M in debt since December - Houston Business Journal
www.bizjournals.com - May 27 at 2:53 AM
finance.yahoo.com logoHouston upstream co. cuts nearly $340M in debt since December
finance.yahoo.com - May 26 at 4:47 PM
americanbankingnews.com logoCobalt International Energy, Inc. (CIE) Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - May 16 at 9:32 PM
finance.yahoo.com logoWho Wants Cobalt International? Inside the Institutional Interest in CIE
finance.yahoo.com - May 16 at 10:06 AM
finance.yahoo.com logoCobalt (CIE) Seeks $2 Billion Arbitration for Angola Assets
finance.yahoo.com - May 15 at 1:15 PM
finance.yahoo.com logoWhy Cobalt International Stock Fell Last Week
finance.yahoo.com - May 15 at 1:15 PM
finance.yahoo.com logoInside Cobalt International’s Stock Price Range Forecast
finance.yahoo.com - May 15 at 1:15 PM
finance.yahoo.com logoEdited Transcript of CIE earnings conference call or presentation 8-May-17 2:00pm GMT
finance.yahoo.com - May 12 at 9:52 PM
finance.yahoo.com logoBehind Cobalt International’s Production Volumes
finance.yahoo.com - May 11 at 4:55 PM
finance.yahoo.com logoETFs with exposure to Cobalt International Energy, Inc. : May 11, 2017
finance.yahoo.com - May 11 at 4:55 PM
finance.yahoo.com logoCobalt International Energy, Inc. :CIE-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017
finance.yahoo.com - May 9 at 4:18 PM
americanbankingnews.com logoCobalt International Energy, Inc. (CIE) Announces Quarterly Earnings Results
www.americanbankingnews.com - May 9 at 10:22 AM
businesswire.com logoCobalt International Energy, Inc. Announces First Quarter 2017 Results and Provides Operational Update - Business Wire (press release)
www.businesswire.com - May 9 at 8:16 AM
seekingalpha.com logoCobalt International Energy's (CIE) CEO Tim Cutt Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 8 at 4:13 PM
seekingalpha.com logoCobalt International Energy misses by $0.56, misses on revenue
seekingalpha.com - May 8 at 10:03 AM
reuters.com logoBRIEF-Cobalt International Energy reports Q1 loss per share $0.69
www.reuters.com - May 8 at 10:03 AM
finance.yahoo.com logoCobalt International Energy, Inc. Announces First Quarter 2017 Results and Provides Operational Update
finance.yahoo.com - May 8 at 10:03 AM
marketbeat.com logoCobalt reports 1Q loss
marketbeat.com - May 8 at 7:06 AM
americanbankingnews.com logoCobalt International Energy, Inc. (CIE) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - May 5 at 2:46 PM
bizjournals.com logoShareholders greenlight reverse stock split for Houston upstream co.
www.bizjournals.com - May 4 at 4:25 PM
americanbankingnews.com logoCobalt International Energy, Inc. (CIE) Stock Rating Lowered by Sanford C. Bernstein
www.americanbankingnews.com - May 4 at 9:24 AM
finance.yahoo.com logoCobalt International Energy, Inc. Announces Timing of First Quarter 2017 Financial Results and Conference Call
finance.yahoo.com - May 1 at 4:17 PM
finance.yahoo.com logoCould Cobalt International Energy Beat Its 1Q17 Earnings?
finance.yahoo.com - May 1 at 8:40 AM
finance.yahoo.com logoHedge Funds Reduced Their Bullish Bets on US Crude Oil
finance.yahoo.com - May 1 at 8:40 AM
americanbankingnews.com logoCobalt International Energy, Inc. (CIE) Short Interest Update
www.americanbankingnews.com - April 30 at 7:18 AM
americanbankingnews.com logoCobalt International Energy (CIE) Getting Positive Media Coverage, Analysis Finds
www.americanbankingnews.com - April 29 at 5:46 PM
americanbankingnews.com logoCobalt International Energy, Inc. (CIE) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - April 29 at 1:17 AM
finance.yahoo.com logoCobalt International Energy’s Capital Expenditure Guidance
finance.yahoo.com - April 28 at 5:18 PM
finance.yahoo.com logoChart in Focus: Cobalt International Energy’s Cash Flow Estimates
finance.yahoo.com - April 28 at 5:18 PM
finance.yahoo.com logoAnalysts’ Pre-Earnings Ratings for Cobalt International Energy
finance.yahoo.com - April 28 at 5:18 PM
finance.yahoo.com logoAnalyzing Cobalt International Energy’s 1Q17 Revenue Expectations
finance.yahoo.com - April 27 at 4:47 PM
finance.yahoo.com logoAnalyzing Cobalt International Energy’s 1Q17 Revenue Expectations
finance.yahoo.com - April 27 at 4:47 PM
finance.yahoo.com logoA Look at Cobalt International Energy’s Production
finance.yahoo.com - April 27 at 4:47 PM
finance.yahoo.com logoA Look at Cobalt International Energy’s Production
finance.yahoo.com - April 27 at 4:47 PM
americanbankingnews.com logoCapital One Financial Corp. Weighs in on Cobalt International Energy, Inc.'s Q2 2017 Earnings (CIE)
www.americanbankingnews.com - April 27 at 9:48 AM
americanbankingnews.com logoCobalt International Energy (CIE) Given News Impact Rating of 0.10
www.americanbankingnews.com - April 26 at 11:52 PM
finance.yahoo.com logoCobalt International Energy Noteholders Take a Little for a Lot in Debt Exchange
finance.yahoo.com - April 26 at 9:19 PM
americanbankingnews.com logoCobalt International Energy, Inc. (CIE) Forecasted to Earn Q1 2017 Earnings of ($0.11) Per Share
www.americanbankingnews.com - April 26 at 9:10 AM
finance.yahoo.com logoInside Cobalt’s Wall Street Ratings: Changes over the Past Two Months
finance.yahoo.com - April 25 at 4:07 PM
finance.yahoo.com logo[$$] New questions for Goldman-backed oil venture
finance.yahoo.com - April 25 at 12:15 PM
finance.yahoo.com logoBehind Cobalt International’s Decline
finance.yahoo.com - April 25 at 12:15 PM
americanbankingnews.com logoZacks Investment Research Downgrades Cobalt International Energy, Inc. (CIE) to Hold
www.americanbankingnews.com - April 24 at 9:46 PM
americanbankingnews.com logoCapital One Financial Corp. Brokers Reduce Earnings Estimates for Cobalt International Energy, Inc. (CIE)
www.americanbankingnews.com - April 24 at 9:18 AM
americanbankingnews.com logoCobalt International Energy (CIE) Given News Impact Score of 0.34
www.americanbankingnews.com - April 23 at 2:57 PM
zacks.com logoAre Options Traders Betting on a Big Move in Cobalt International (CIE) Stock?
www.zacks.com - April 21 at 9:02 AM
americanbankingnews.com logoPositive News Coverage Very Likely to Affect Cobalt International Energy (CIE) Share Price
www.americanbankingnews.com - April 20 at 6:15 PM
finance.yahoo.com logoHow Cobalt International Energy Stock Performed Last Week
finance.yahoo.com - April 18 at 12:23 PM
finance.yahoo.com logoHow Analysts’ Ratings Have Changed for Cobalt in the Last Month
finance.yahoo.com - April 18 at 12:23 PM
americanbankingnews.com logoCobalt International Energy (CIE) Getting Positive News Coverage, Report Shows
www.americanbankingnews.com - April 17 at 8:45 PM
finance.yahoo.com logoUpstream Stocks: Inside the Relationship between Returns and Volatility
finance.yahoo.com - April 17 at 4:08 PM

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Chart

Cobalt International Energy (CIE) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff