|Bid||0.43 x 4400|
|Ask||0.43 x 1300|
|Day's Range||0.43 - 0.52|
|52 Week Range||0.43 - 0.52|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
WTI crude oil (USL) prices are at their 30-month high. The US benchmark also opened above $60 per barrel in January for the first time since 2014.
Angola’s state oil company Sonangol said on Tuesday it had settled all disputes with Cobalt International Energy and would pay the U.S. oil firm $500 million for its stakes in two offshore oil blocks. Cobalt had filed arbitration requests in May seeking in excess of $2 billion due to the impact of failed extension talks on its attempts to sell offshore blocks 20 and 21 in Angola. Sonangol said it would pay $150 million by Feb. 23 and a further $350 million by July 1.
The EIA estimates that OECD’s oil inventories fell by 2.5 MMbbls (million barrels) to 2,953.2 MMbbls in November 2017—compared to the previous month.
Update: According to a filing with the U.S. Securities and Exchange Commission, the NYSE notified Cobalt Dec. 13 that it begun the delisting process, and the company expected its stock to begin trading on the OTC Pink marketplace under the symbol “CIEI,” effective Dec. 14. Houston-based Cobalt International Energy Inc. (CIE) and certain U.S. affiliates filed Chapter 11 bankruptcy petitions on Dec. 14. The company has filed various first-day motions seeking authorization to use its cash collateral, maintain its existing cash management system and other things.
Cobalt International Energy, Inc. today announced that it and certain of its U.S. affiliates filed voluntary petitions for relief under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas .
An unexpected increase in US natural gas inventories during the withdrawal season pressured natural gas (FCG) (GASL) prices on December 7, 2017.
For Cobalt International Energy Inc’s (NYSE:CIE) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. Every stockRead More...
The API reported that US gasoline and distillate inventories rose by 9,200,000 barrels and 4,300,000 barrels on November 24–December 1, 2017.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Cobalt International Energy, Inc. Here are 5 ETFs with the largest exposure to CIE-US. Comparing the performance and risk of Cobalt International Energy, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower ... Read more (Read more...)
January US crude oil (USO) (SCO) futures fell 1.2% to $57.3 per barrel on November 29, 2017. Brent oil futures also fell 0.8% to $63.11 per barrel.
Investors need to pay close attention to Cobalt International Energy (CIE) stock based on the movements in the options market lately.
Between November 17 and November 24, 2017, upstream stock Cobalt International Energy (CIE) was the biggest loser on our list of energy stocks.
Saudi Arabia’s crude oil exports to the US fell to 525,000 bpd in October 2017—the lowest in 30 years. Exports fell due to ongoing output cuts.
In this analysis, my focus will be on developing a perspective on Cobalt International Energy Inc’s (NYSE:CIE) latest ownership structure, a less discussed, but important factor. A company’s ownership structureRead More...
Cobalt International Energy, Inc. today announced that on November 14, 2017, it was notified by The New York Stock Exchange that Cobalt is no longer in compliance with certain continued listing standards that are applicable to Cobalt.
US crude oil exports fell by 1,264,000 bpd or 60% to 869,000 bpd on October 27–November 3, 2017. Exports rose by 459,000 bpd from the same period in 2016.
In the week ended November 10, 2017, upstream stock Cobalt International Energy (CIE) ranked first on our list of top energy losers.
The EIA (or US Energy Information Administration) reported that US crude oil production rose by 67,000 bpd (barrels per day) to 9,620,000 bpd between October 27, 2017, and November 3, 2017.
The EIA estimates that weekly US gasoline demand rose by 147,000 bpd (barrels per day) to 9,461,000 bpd on October 20–27, 2017.