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: $75.61 million
  • Outstanding Shares: 29,515,000
Average Prices:
  • 50 Day Moving Avg: $2.72
  • 200 Day Moving Avg: $7.33
  • 52 Week Range: $2.12 - $22.50
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.44
  • P/E Growth: -0.14
Sales & Book Value:
  • Annual Revenue: $25.04 million
  • Price / Sales: 2.96
  • Book Value: ($38.76) per share
  • Price / Book: -0.06
Profitability:
  • EBIDTA: ($1,780,000,000.00)
  • Net Margins: -10,396.82%
  • Return on Equity: -1,077.95%
  • Return on Assets: -18.01%
Debt:
  • Debt-to-Equity Ratio: -2.18%
  • Current Ratio: 1.88%
  • Quick Ratio: 1.88%
Misc:
  • Average Volume: 812,497 shs.
  • Beta: 1.76
  • 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?

Cobalt International Energy shares 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) released its earnings results on Monday, May, 8th. The company reported ($33.75) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($29.25) by $4.50. The company earned $9.87 million during the quarter, compared to analyst estimates of $14.10 million. Cobalt International Energy had a negative net margin of 10,396.82% 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, July, 31st 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?

7 brokers have issued twelve-month price objectives for Cobalt International Energy's stock. Their forecasts range from $1.00 to $675.00. On average, they anticipate Cobalt International Energy's stock price to reach $294.95 in the next twelve months. View Analyst Ratings for Cobalt International Energy.

Are investors shorting Cobalt International Energy?

Cobalt International Energy saw a decline in short interest during the month of June. As of June 30th, there was short interest totalling 3,974,436 shares, a decline of 94.7% from the June 15th total of 74,912,283 shares. Based on an average daily trading volume, of 1,586,374 shares, the days-to-cover ratio is presently 2.5 days. Approximately 16.4% of the company's shares are sold short.

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
  • Kay Bailey Hutchison, Independent Director
  • Jon A. Marshall, 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 $2.51.


MarketBeat Community Rating for Cobalt International Energy (NYSE CIE)
Community Ranking:  2.9 out of 5 ( )
Outperform Votes:  207 (Vote Outperform)
Underperform Votes:  154 (Vote Underperform)
Total Votes:  361
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, 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $294.95 (11,651.00% upside)

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 7/28/2015 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
7/31/2017($1.19)N/AView 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: ($2.83)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.19)($0.11)($0.15)
Q2 20172($1.95)($0.18)($1.07)
Q3 20172($1.43)($0.18)($0.81)
Q4 20172($1.43)($0.18)($0.81)
(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%
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
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:
DateHeadline
finance.yahoo.com logoWill US Crude Oil Production Slow Down in 2018?
finance.yahoo.com - July 27 at 5:27 PM
finance.yahoo.com logoUS Gasoline Demand Falls for 2nd Time in 5 Weeks
finance.yahoo.com - July 26 at 5:48 PM
americanbankingnews.com logoCobalt International Energy, Inc. (CIE) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - July 24 at 8:18 AM
americanbankingnews.com logoCobalt International Energy, Inc. (NYSE:CIE) Earns "Sell" Rating from Citigroup Inc.
www.americanbankingnews.com - July 22 at 9:28 PM
americanbankingnews.com logoCobalt International Energy, Inc. (NYSE:CIE) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - July 21 at 10:40 PM
prnewswire.com logoHow These Oil & Gas Stocks are Performing? -- Gulfport Energy, Apache, Resolute Energy, and Cobalt Intl. Energy - PR Newswire (press release)
www.prnewswire.com - July 21 at 3:29 PM
americanbankingnews.com logoShort Interest in Cobalt International Energy, Inc. (NYSE:CIE) Declines By 94.7%
www.americanbankingnews.com - July 18 at 7:00 AM
finance.yahoo.com logoCobalt Inks Deal to Expand Anchor Unit in Gulf of Mexico
finance.yahoo.com - July 17 at 5:34 PM
nasdaq.com logoCompany News for July 14, 2017 - Nasdaq
www.nasdaq.com - July 15 at 5:14 AM
benzinga.com logoMid-Afternoon Market Update: Crude Oil Up 1%; DragonWave Shares Plunge - Benzinga
www.benzinga.com - July 14 at 12:00 AM
investorplace.com logo3 Stocks to Watch on Thursday: Target Corporation (TGT), Delta Air Lines, Inc. (DAL) and Cobalt International Energy ... - Investorplace.com
investorplace.com - July 14 at 12:00 AM
finance.yahoo.com logoUS Gasoline Inventories Support Gasoline, Crude Oil Futures
finance.yahoo.com - July 13 at 6:21 PM
streetinsider.com logoCobalt International Energy (CIE) to Expand the Anchor Unit - StreetInsider.com
www.streetinsider.com - July 12 at 10:52 PM
finance.yahoo.com logoCobalt International Energy, Inc. Announces Agreement to Expand the Anchor Unit
finance.yahoo.com - July 12 at 5:51 PM
wsj.com logoThe Morning Ledger: IMF, Germany Urge President Trump to Stick to Free Trade
blogs.wsj.com - July 8 at 9:46 AM
marketwatch.com logoVolt Energy Announces Appointees to Advisory Board
www.marketwatch.com - July 8 at 9:46 AM
americanbankingnews.com logoCobalt International Energy, Inc. (NYSE:CIE) CEO Timothy J. Cutt Sells 20,735 Shares
www.americanbankingnews.com - July 7 at 8:41 PM
americanbankingnews.com logoCobalt International Energy's (NYSE:CIE) Market Perform Rating Reiterated at Sanford C. Bernstein
www.americanbankingnews.com - July 7 at 8:14 AM
bizjournals.com logoCobalt regains NYSE compliance
www.bizjournals.com - July 5 at 5:56 PM
americanbankingnews.com logo-$1.58 Earnings Per Share Expected for Cobalt International Energy, Inc. (NYSE:CIE) This Quarter
www.americanbankingnews.com - July 4 at 8:08 PM
finance.yahoo.com logoSonangol to respond to Cobalt's $2 bln arbitration award request
finance.yahoo.com - July 3 at 5:11 PM
finance.yahoo.com logoRowan to Implement Additional Job Cuts at Reliance Drillship
finance.yahoo.com - June 28 at 5:09 PM
finance.yahoo.com logoUS Gasoline Demand: Positive or Negative for Crude Oil?
finance.yahoo.com - June 28 at 5:09 PM
bizjournals.com logoOffshore drilling company to cut more jobs - Houston Business Journal
www.bizjournals.com - June 27 at 9:33 PM
finance.yahoo.com logoUS Crude Oil Inventories and Exports Impact Oil Prices
finance.yahoo.com - June 27 at 4:33 PM
finance.yahoo.com logoOffshore drilling company to cut more jobs
finance.yahoo.com - June 27 at 4:33 PM
americanbankingnews.com logoCobalt International Energy, Inc. (CIE) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - June 26 at 10:02 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Cobalt International Energy, Inc. Lowered by Capital One Financial Corporation (CIE)
www.americanbankingnews.com - June 23 at 8:54 AM
fool.com logoWhy Chuy's Holdings, Cobalt International Energy, and Chicago Bridge & Iron Slumped Today - Motley Fool
www.fool.com - June 22 at 4:32 PM
finance.yahoo.com logoBrent and WTI Crude Oil Futures Enter into Bear Territory
finance.yahoo.com - June 22 at 11:09 AM
americanbankingnews.com logoQ2 2017 EPS Estimates for Cobalt International Energy, Inc. (CIE) Decreased by Analyst
www.americanbankingnews.com - June 22 at 8:10 AM
americanbankingnews.com logoCobalt International Energy, Inc. (CIE) Raised to Hold at ValuEngine
www.americanbankingnews.com - June 21 at 10:38 PM
americanbankingnews.com logoCapital One Financial Corporation Lowers Cobalt International Energy, Inc. (CIE) to Underweight
www.americanbankingnews.com - June 21 at 11:20 AM
finance.yahoo.com logoToday's Research Reports on Stocks to Watch: Cobalt International Energy and Rice Energy
finance.yahoo.com - June 20 at 4:56 PM
finance.yahoo.com logoThese Energy Stocks Fell the Most Last Week
finance.yahoo.com - June 19 at 7:24 PM
finance.yahoo.com logoIs the Options Market Predicting a Spike in Cobalt International Energy (CIE) Stock?
finance.yahoo.com - June 19 at 2:22 PM
businesswire.com logoCobalt International Energy, Inc. Announces Effectiveness of 1-for-15 Reverse Stock Split - Business Wire (press release)
www.businesswire.com - June 17 at 9:33 PM
streetinsider.com logoCobalt International Energy's (CIE) 1-for-15 Reverse Stock Split to be Effective After the Close Today
www.streetinsider.com - June 16 at 10:04 PM
finance.yahoo.com logoCobalt International Energy, Inc. Announces Effectiveness of 1-for-15 Reverse Stock Split
finance.yahoo.com - June 16 at 5:02 PM
americanbankingnews.com logoCobalt International Energy, Inc. (CIE) to Post Q2 2017 Earnings of ($0.11) Per Share, Capital One Financial Corporation Forecasts
www.americanbankingnews.com - June 15 at 8:40 AM
americanbankingnews.com logoCobalt International Energy, Inc. Stock to Reverse Split on Monday, June 19th (CIE)
www.americanbankingnews.com - June 15 at 8:28 AM
americanbankingnews.com logoCobalt International Energy, Inc. (CIE) Short Interest Down 6.0% in May
www.americanbankingnews.com - June 15 at 7:16 AM
finance.yahoo.com logoCobalt International Energy, Inc. Revises Effective Date of Reverse Stock Split
finance.yahoo.com - June 15 at 3:09 AM
americanbankingnews.com logoCobalt International Energy, Inc. (CIE) Shares Scheduled to Reverse Split on Monday, June 26th
www.americanbankingnews.com - June 14 at 8:26 AM
bizjournals.com logoCobalt International Energy to move forward with reverse stock split - Houston Business Journal
www.bizjournals.com - June 14 at 1:55 AM
businesswire.com logoCobalt International Energy, Inc. Board of Directors Approves Reverse Stock Split - Business Wire (press release)
www.businesswire.com - June 13 at 8:54 PM
americanbankingnews.com logoComparing Cobalt International Energy (CIE) & EnLink Midstream Partners, (ENLK)
www.americanbankingnews.com - June 13 at 6:26 PM
seekingalpha.com logoCobalt Energy OKs 1-for-15 reverse split
seekingalpha.com - June 13 at 12:40 PM
streetinsider.com logoCobalt International Energy (CIE) Approves 1-for-15 Reverse Stock Split
www.streetinsider.com - June 13 at 12:40 PM
reuters.com logoBRIEF-Cobalt International Energy board approves reverse stock split
www.reuters.com - June 13 at 12:40 PM

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Chart

Cobalt International Energy (CIE) Chart for Friday, July, 28, 2017

This page was last updated on 7/28/2017 by MarketBeat.com Staff