Cobalt International Energy, Inc. (CIE) Receives Average Rating of “Hold” from Analysts
Shares of Cobalt International Energy, Inc. (NYSE:CIE) have earned an average rating of “Hold” from the six brokerages that are currently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation and three have issued a hold recommendation on the company.
CIE has been the subject of several recent research reports. Zacks Investment Research downgraded shares of Cobalt International Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, October 10th. Citigroup reissued a “sell” rating on shares of Cobalt International Energy in a research note on Monday, November 6th.
Shares of Cobalt International Energy (CIE) opened at $0.38 on Friday. The company has a debt-to-equity ratio of -1.70, a current ratio of 1.61 and a quick ratio of 1.61. The firm has a market cap of $18.55, a price-to-earnings ratio of 0.00 and a beta of 1.58. Cobalt International Energy has a one year low of $0.35 and a one year high of $20.40.
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About Cobalt International Energy
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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