About Cobalt International Energy (NYSE:CIE)
Cobalt 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
- Market Cap: $33.18 million
- Outstanding Shares: 29,528,000
- 50 Day Moving Avg: $1.47
- 200 Day Moving Avg: $3.13
- 52 Week Range: $0.96 - $21.90
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -0.20
- P/E Growth: -0.04
- Annual Revenue: $35.61 million
- Price / Sales: 0.86
- Book Value: ($44.92) per share
- Price / Book: -0.02
- EBITDA: ($1,710,000,000.00)
- Net Margins: -7,253.08%
- Return on Equity: -1,077.95%
- Return on Assets: -16.49%
- Debt-to-Equity Ratio: -1.87%
- Current Ratio: 1.75%
- Quick Ratio: 1.75%
- 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?
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?
Some companies that are related to Cobalt International Energy include SandRidge Mississippian Trust II (SDR), VOC Energy Trust (VOC), Pacific Coast Oil Trust (ROYT), Sundance Energy Australia (SNDE), Renesola (SOL), Vaalco Energy (EGY), Westmoreland Coal Company (WLB), ECA Marcellus Trust I (ECT), Yingli Green Energy Holding Company Limited (YGE), IRIS International (IRIS), Petroquest Energy (PQ), SandRidge Mississippian Trust I (SDT), Sunworks (SUNW), Mid-Con Energy Partners, LP (MCEP), EV Energy Partners, L.P. (EVEP), North Atlantic Drilling (NADL), EXCO Resources NL (XCO) and Rex Energy Corporation (REXX).
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?
MarketBeat Community Rating for Cobalt International Energy (NYSE CIE)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.
One share of Cobalt International Energy stock can currently be purchased for approximately $1.04.
Consensus Ratings for Cobalt International Energy (NYSE:CIE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for Cobalt International Energy (NYSE:CIE)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/22/2017||Citigroup Inc.||Reiterated Rating||Sell||$1.50 -> $1.00||High|
|7/7/2017||Sanford C. Bernstein||Reiterated Rating||Market Perform||High|
|6/21/2017||Capital One Financial Corporation||Downgrade||Equal Weight -> Underweight||Medium|
|11/8/2016||Credit Suisse Group||Reiterated Rating||Hold||$303.75||N/A|
|10/19/2016||Jefferies Group LLC||Reiterated Rating||Hold||$225.00||N/A|
|8/18/2016||Tudor Pickering||Upgrade||Hold -> Buy||N/A|
|8/3/2016||Deutsche Bank AG||Lower Price Target||Buy||$1,575.00 -> $675.00||N/A|
|2/23/2016||Royal Bank Of Canada||Lower Price Target||Sector Perform||$1,575.00 -> $1,350.00||N/A|
|2/3/2016||Stifel Nicolaus||Downgrade||Buy -> Hold||N/A|
Earnings History for Cobalt International Energy (NYSE:CIE)Earnings History by Quarter for Cobalt International Energy (NYSE CIE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/8/2017||Q2 2017||($1.60)||($2.39)||$13.75 million||View||Listen|
|5/8/2017||Q1 2017||($29.25)||($33.75)||$14.10 million||$9.87 million||View||Listen|
|3/14/2017||Q4 2016||($29.25)||($97.20)||$7.10 million||$7.77 million||View||Listen|
|11/1/2016||Q316||($33.75)||($40.50)||$6.31 million||$4.23 million||View||N/A|
|8/2/2016||Q216||($24.75)||($110.25)||$4.98 million||$3.17 million||View||Listen|
|5/3/2016||Q116||($29.25)||($18.00)||$3.30 million||$1.64 million||View||Listen|
|7/30/2013||Q2 2013||($33.75)||($24.75)||$0.28 million||View||Listen|
|4/30/2013||Q1 2013||($33.75)||($33.75)||$170.00 million||View||Listen|
Earnings Estimates for Cobalt International Energy (NYSE:CIE)
2017 EPS Consensus Estimate: ($3.57)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Cobalt International Energy (NYSE:CIE)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Cobalt International Energy (NYSE:CIE)
Insider Ownership Percentage: 2.84%Insider Trades by Quarter for Cobalt International Energy (NYSE:CIE)
Institutional Ownership Percentage: 79.78%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/16/2017||Rodney M. Skaufel||Insider||Sell||1,520||$2.19||$3,328.80|| |
|7/10/2017||David D. Powell||CFO||Sell||866||$2.19||$1,896.54|| |
|7/5/2017||Timothy J. Cutt||CEO||Sell||20,735||$2.34||$48,519.90|| |
|12/30/2016||James W Farnsworth||Insider||Sell||21,545||$1.24||$26,715.80|| |
|8/16/2016||Timothy J Cutt||CEO||Buy||100,000||$1.00||$100,000.00|| |
|2/25/2016||Jeffrey A Starzec||EVP||Sell||10,000||$2.51||$25,100.00|| |
|2/25/2016||Joseph H Bryant||CEO||Sell||76,525||$2.51||$192,077.75|| |
|2/19/2016||James H Painter||EVP||Sell||5,879||$2.18||$12,816.22|| |
|2/19/2016||Lynne L Hackedorn||VP||Sell||2,255||$2.18||$4,915.90|| |
|2/19/2016||Van P Whitfield||COO||Sell||7,207||$2.18||$15,711.26|| |
|12/31/2015||James H Painter||EVP||Sell||2,530||$5.29||$13,383.70|| |
|12/31/2015||Lynne L Hackedorn||VP||Sell||927||$5.29||$4,903.83|| |
|12/31/2015||Richard Anthony Smith||SVP||Sell||1,115||$5.29||$5,898.35|| |
|12/31/2015||Van P Whitfield||COO||Sell||5,159||$5.29||$27,291.11|| |
|12/18/2015||Van P Whitfield||COO||Sell||200,000||$5.42||$1,084,000.00|| |
|12/11/2015||Paulson & Co. Inc.||Major Shareholder||Sell||757,900||$6.74||$5,108,246.00|| |
|6/11/2015||Jeffrey A Starzec||EVP||Sell||45,000||$10.64||$478,800.00|| |
|1/2/2015||James H Painter||EVP||Sell||5,685||$8.84||$50,255.40|| |
|1/2/2015||James W Farnsworth||Insider||Sell||2,499||$8.87||$22,166.13|| |
|12/31/2014||John P Wilkirson||CFO||Sell||30,000||$8.89||$266,700.00|| |
|12/31/2014||Joseph H Bryant||CEO||Sell||48,640||$8.82||$429,004.80|| |
|12/31/2014||Lynne L Hackedorn||VP||Sell||1,783||$8.72||$15,547.76|| |
|12/31/2014||Michael D Drennon||EVP||Sell||3,217||$8.70||$27,987.90|| |
|12/31/2014||Richard Anthony Smith||SVP||Sell||1,673||$8.71||$14,571.83|| |
|12/31/2014||Van P Whitfield||COO||Sell||49,540||$8.82||$436,942.80|| |
|12/30/2014||John P Wilkirson||CFO||Sell||10,000||$8.88||$88,800.00|| |
|12/29/2014||Jeffrey A Starzec||SVP||Sell||11,660||$8.99||$104,823.40|| |
|12/29/2014||John P Wilkirson||CFO||Sell||10,000||$8.99||$89,900.00|| |
|12/22/2014||James H Painter||EVP||Sell||63,375||$8.81||$558,333.75|| |
|12/22/2014||James W Farnsworth||Insider||Sell||31,665||$8.82||$279,285.30|| |
|12/22/2014||Joseph H Bryant||CEO||Sell||207,450||$8.80||$1,825,560.00|| |
|12/22/2014||Lynne L Hackedorn||VP||Sell||11,341||$8.82||$100,027.62|| |
|12/22/2014||Richard Anthony Smith||SVP||Sell||6,760||$8.82||$59,623.20|| |
|9/25/2014||Paulson & Co Inc||Major Shareholder||Sell||9,400||$13.91||$130,754.00|| |
|7/1/2014||Jack E Golden||Director||Sell||2,500||$18.32||$45,800.00|| |
|6/12/2014||Jeffrey A Starzec||SVP||Sell||12,500||$18.56||$232,000.00|| |
|6/2/2014||Jack E Golden||Director||Sell||2,500||$18.16||$45,400.00|| |
|5/2/2014||James Farnsworth||Insider||Sell||25,000||$19.50||$487,500.00|| |
|5/1/2014||Jack Golden||Director||Sell||2,500||$18.84||$47,100.00|| |
|4/3/2014||Michael Drennon||EVP||Sell||2,721||$18.46||$50,229.66|| |
|8/5/2013||Van Whitfield||COO||Sell||126,034||$30.01||$3,782,280.34|| |
|7/19/2013||Kenneth A Pontarelli||Director||Sell||2,800||$29.10||$81,480.00|| |
|6/10/2013||Jeffrey A Starzec||SVP||Sell||50,474||$26.22||$1,323,428.28|| |
|5/10/2013||Steenbergen D Jeff Van||Director||Sell||4,000,000||$26.62||$106,480,000.00|| |
|1/18/2013||First Reserve Gp Xi, Inc.||Major Shareholder||Sell||10,000,000||$25.00||$250,000,000.00|| |
|10/19/2012||De Depot Et Placement D Caisse||Major Shareholder||Buy||11,400||$21.71||$247,494.00|| |
Headline Trends for Cobalt International Energy (NYSE:CIE)
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Cobalt International Energy (CIE) Chart for Saturday, October, 21, 2017