Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $9.39 USD
Change Today -0.39 / -3.99%
Volume 2.9M
As of 8:04 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

cobalt international energy (CIE) Snapshot

Open
$9.68
Previous Close
$9.78
Day High
$9.73
Day Low
$9.37
52 Week High
05/2/14 - $19.77
52 Week Low
12/12/14 - $7.40
Market Cap
3.9B
Average Volume 10 Days
2.6M
EPS TTM
$-1.25
Shares Outstanding
414.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for COBALT INTERNATIONAL ENERGY (CIE)

cobalt international energy (CIE) Related Businessweek News

No Related Businessweek News Found

cobalt international energy (CIE) Details

Cobalt International Energy, Inc., through its subsidiaries, engages in the exploration and production of oil-focused, below-salt exploration prospects. Its project portfolio comprises North Platte, Heidelberg, Shenandoah, and Anchor discovery in the U.S. Gulf of Mexico; Cameia, Lontra, Mavinga, Bicuar, and Orca in the offshore Angola; and Diaman in the offshore Gabon. As of December 31, 2014, the company's estimated net proved undeveloped reserves totaled 8.4 million barrels of oil and 3.7 billion cubic feet of natural gas. Cobalt International Energy, Inc. was founded in 2005 and is based in Houston, Texas.

205 Employees
Last Reported Date: 02/23/15
Founded in 2005

cobalt international energy (CIE) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.5M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $540.0K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $852.5K
Executive Vice President of Execution & Appra...
Total Annual Compensation: $726.3K
Chief Exploration Officer and Executive Vice ...
Total Annual Compensation: $726.3K
Compensation as of Fiscal Year 2013.

cobalt international energy (CIE) Key Developments

Cobalt International Energy, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Records Impairment Charges; Provides Earnings Guidance for Fiscal 2015

Cobalt International Energy, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. The company announced a net loss of $216,564,000, or $0.53 per basic and diluted share for the fourth quarter of 2014, compared to a net loss of $222,119,000, or $0.55 per basic and diluted share, for the fourth quarter of 2013. The company reported operating loss of $196,097,000, net loss before income tax of $216,564,000 against operating loss of $209,204,000, net loss before income tax of $222,119,000 a year ago. The company reported a net loss of $510,763,000, or $1.25 per basic and diluted share, for the year ending December 31, 2014 compared to a net loss of $589,024,000, or $1.45 per basic and diluted share, for the same period in 2013. The company reported operating loss of $441,941,000, net loss before income tax of $510,763,000 against operating loss of $532,684,000, net loss before income tax of $589,024,000 a year ago. Net cash used in operating activities was $64,526,000 against $216,368,000 a year ago. The net loss for the fourth quarter of 2014 includes $126 million of impairment charges associated primarily with the Mupa and Loengo exploration wells drilled offshore Angola and $50 million for leasehold properties in the Gulf of Mexico. The company anticipates its 2015 capital and operating expenditures to be essentially flat with a forecast of $800 to $900 million; over 80% of the 2015 capital program is directed toward appraisal and development projects, as compared to less than 40% for 2014. It expects full year capital and operating expenditures to be $800 million to $900 million. This significant shift in expenditures reflects the progression of the company's business and the company's intention to direct the majority of its capital toward turning the company's exploration successes into production and revenue while continuing to explore at a pace appropriate for its balance sheet.

Cobalt International Energy, Inc. to Report Q4, 2014 Results on Feb 23, 2015

Cobalt International Energy, Inc. announced that they will report Q4, 2014 results at 10:00 AM, US Eastern Standard Time on Feb 23, 2015

Cobalt International Energy, Inc., Q4 2014 Earnings Call, Feb 23, 2015

Cobalt International Energy, Inc., Q4 2014 Earnings Call, Feb 23, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CIE:US $9.39 USD -0.39

CIE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for CIE.
View Industry Companies
 

Industry Analysis

CIE

Industry Average

Valuation CIE Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 1.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact COBALT INTERNATIONAL ENERGY, please visit www.cobaltintl.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.