News headlines about Cobalt International Energy (NYSE:CIE) have been trending somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cobalt International Energy earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave media coverage about the energy producer an impact score of 42.852113939144 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several equities research analysts have commented on the stock. Zacks Investment Research downgraded shares of Cobalt International Energy from a “buy” rating to a “hold” rating in a research note on Monday, November 6th. Citigroup reaffirmed a “sell” rating on shares of Cobalt International Energy in a research note on Monday, November 6th. Three equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. Cobalt International Energy presently has an average rating of “Hold” and a consensus target price of $90.67.
Cobalt International Energy (CIE) traded up $0.01 during trading on Friday, hitting $0.38. 1,011,000 shares of the stock traded hands, compared to its average volume of 700,045. The firm has a market capitalization of $14.52, a PE ratio of 0.00 and a beta of 1.25. Cobalt International Energy has a 12 month low of $0.35 and a 12 month high of $20.40. The company has a debt-to-equity ratio of -1.70, a current ratio of 1.61 and a quick ratio of 1.61.
Cobalt International Energy Company Profile
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.
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