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: Oil Exploration & Production - Offshore
  • Sub-Industry: Oil & Gas Exploration & Production
  • Symbol: NYSE:CIE
  • CUSIP: 19075F10
  • Web: www.cobaltintl.com
Capitalization:
  • Market Cap: $33.18 million
  • Outstanding Shares: 29,528,000
Average Prices:
  • 50 Day Moving Avg: $1.47
  • 200 Day Moving Avg: $3.13
  • 52 Week Range: $0.96 - $21.90
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.20
  • P/E Growth: -0.04
Sales & Book Value:
  • Annual Revenue: $35.61 million
  • Price / Sales: 0.86
  • Book Value: ($44.92) per share
  • Price / Book: -0.02
Profitability:
  • EBITDA: ($1,710,000,000.00)
  • Net Margins: -7,253.08%
  • Return on Equity: -1,077.95%
  • Return on Assets: -16.49%
Debt:
  • Debt-to-Equity Ratio: -1.87%
  • Current Ratio: 1.75%
  • Quick Ratio: 1.75%
Misc:
  • Average Volume: 494,185 shs.
  • Beta: 1.77
  • Short Ratio: 3.57
 

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."

When did Cobalt International Energy's stock split? How did Cobalt International Energy's stock split work?

Shares of Cobalt International Energy reverse split on Monday, June 19th 2017. The 1-15 reverse split was announced on Monday, June 12th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Friday, June 16th 2017. An investor that had 100 shares of Cobalt International Energy stock prior to the reverse split would have 7 shares after the split.

How were Cobalt International Energy's earnings last quarter?

Cobalt International Energy, Inc. (NYSE:CIE) issued its quarterly earnings results on Tuesday, August, 8th. The company reported ($2.39) EPS for the quarter, missing the Zacks' consensus estimate of ($1.60) by $0.79. The business earned $13.75 million during the quarter. Cobalt International Energy had a negative net margin of 7,253.08% and a negative return on equity of 1,077.95%. View Cobalt International Energy's Earnings History.

When will Cobalt International Energy make its next earnings announcement?

Cobalt International Energy is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Cobalt International Energy.

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

4 analysts have issued 1 year price objectives for Cobalt International Energy's stock. Their forecasts range from $1.00 to $303.75. On average, they anticipate Cobalt International Energy's stock price to reach $191.58 in the next twelve months. View Analyst Ratings for Cobalt International Energy.

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

Who are Cobalt International Energy's key executives?

Cobalt International Energy's management team includes the folowing people:

  • Timothy J. Cutt, Chief Executive Officer, Director
  • David D. Powell, Chief Financial Officer
  • Rodney M. Skaufel, President, Operations
  • Jeffrey A. Starzec, Executive Vice President, General Counsel, Corporate Secretary
  • Richard Anthony Smith, Senior Vice President, Strategy and Business Development
  • William P. Utt, Non-Executive Chairman of the Board
  • Jack E. Golden, Independent Director
  • John E. Hagale CPA, Independent Director
  • Jon A. Marshall, Independent Director
  • Kenneth W. Moore, Independent Director

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.

What is Cobalt International Energy's stock price today?

One share of Cobalt International Energy stock can currently be purchased for approximately $1.04.


MarketBeat Community Rating for Cobalt International Energy (NYSE CIE)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  230 (Vote Outperform)
Underperform Votes:  189 (Vote Underperform)
Total Votes:  419
MarketBeat's community ratings are surveys of what our community members think about Cobalt International Energy and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Cobalt International Energy (NYSE:CIE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 2 Hold Ratings
Consensus Rating:Hold (Score: 1.50)
Consensus Price Target: $191.58 (18,321.47% upside)
Consensus Price Target History for Cobalt International Energy (NYSE:CIE)
Price Target History for Cobalt International Energy (NYSE:CIE)
Analysts' Ratings History for Cobalt International Energy (NYSE:CIE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/22/2017Citigroup Inc.Reiterated RatingSell$1.50 -> $1.00HighView Rating Details
7/7/2017Sanford C. BernsteinReiterated RatingMarket PerformHighView Rating Details
6/21/2017Capital One Financial CorporationDowngradeEqual Weight -> UnderweightMediumView Rating Details
11/8/2016Credit Suisse GroupReiterated RatingHold$303.75N/AView Rating Details
10/19/2016Jefferies Group LLCReiterated RatingHold$225.00N/AView Rating Details
8/18/2016Tudor PickeringUpgradeHold -> BuyN/AView Rating Details
8/3/2016Deutsche Bank AGLower Price TargetBuy$1,575.00 -> $675.00N/AView Rating Details
2/23/2016Royal Bank Of CanadaLower Price TargetSector Perform$1,575.00 -> $1,350.00N/AView Rating Details
2/3/2016Stifel NicolausDowngradeBuy -> HoldN/AView Rating Details
(Data available from 10/21/2015 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
10/30/2017($1.58)N/AView Earnings Details
8/8/2017Q2 2017($1.60)($2.39)$13.75 millionViewListenView Earnings Details
5/8/2017Q1 2017($29.25)($33.75)$14.10 million$9.87 millionViewListenView Earnings Details
3/14/2017Q4 2016($29.25)($97.20)$7.10 million$7.77 millionViewListenView Earnings Details
11/1/2016Q316($33.75)($40.50)$6.31 million$4.23 millionViewN/AView Earnings Details
8/2/2016Q216($24.75)($110.25)$4.98 million$3.17 millionViewListenView Earnings Details
5/3/2016Q116($29.25)($18.00)$3.30 million$1.64 millionViewListenView Earnings Details
2/22/2016Q415($33.75)($180.00)$301.00 millionViewListenView Earnings Details
11/3/2015Q315($38.25)($27.00)$0.67 millionViewListenView Earnings Details
8/4/2015Q215($42.75)($33.75)$2.00 millionViewListenView Earnings Details
5/5/2015Q115($49.50)($45.00)$0.25 millionViewListenView Earnings Details
2/23/2015Q414($58.50)($56.25)$0.50 millionViewListenView Earnings Details
11/4/2014Q314($40.50)($47.25)$0.01 millionViewListenView Earnings Details
8/5/2014Q214($38.25)($29.25)$0.01 millionViewListenView Earnings Details
5/1/2014Q114($38.25)($31.50)$0.01 millionViewListenView Earnings Details
2/27/2014Q413($36.00)($47.25)ViewListenView Earnings Details
10/29/2013Q313($38.25)($27.00)$390.00 millionViewListenView Earnings Details
7/30/2013Q2 2013($33.75)($24.75)$0.28 millionViewListenView Earnings Details
4/30/2013Q1 2013($33.75)($33.75)$170.00 millionViewListenView Earnings Details
2/26/2013Q4 2012($22.50)($36.00)ViewListenView Earnings Details
10/30/2012Q312($22.50)($22.50)ViewN/AView Earnings Details
7/31/2012($20.25)($24.75)ViewN/AView Earnings Details
5/1/2012($22.50)($20.25)ViewN/AView Earnings Details
2/21/2012($18.00)($29.25)ViewN/AView Earnings Details
11/1/2011($13.50)($27.00)ViewN/AView Earnings Details
7/27/2011($18.00)($11.25)ViewN/AView Earnings Details
5/3/2011($15.75)($11.25)ViewN/AView Earnings Details
3/1/2011($18.00)($20.25)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Cobalt International Energy (NYSE:CIE)
2017 EPS Consensus Estimate: ($3.57)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.19)($0.11)($0.15)
Q2 20172($1.95)($0.18)($1.07)
Q3 20172($2.26)($0.18)($1.22)
Q4 20172($2.09)($0.18)($1.14)
(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: 2.84%
Institutional Ownership Percentage: 79.78%
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
8/16/2017Rodney M. SkaufelInsiderSell1,520$2.19$3,328.80View SEC Filing  
7/10/2017David D. PowellCFOSell866$2.19$1,896.54View SEC Filing  
7/5/2017Timothy J. CuttCEOSell20,735$2.34$48,519.90View SEC Filing  
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:
Loading headlines, please wait.

Social

Chart

Cobalt International Energy (CIE) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.