Stock's Buzzers Cobalt International Energy, Inc
- Author: Zachary Reyes Dec 15, 2016,
Dec 15, 2016, 19:57
Historical Quarterly Earnings: Last quarter, Cobalt International Energy, Inc. generated almost $4.23M in sales and net income of -$0.3/share. A research note issued on 1/26/16 the stock was upgraded by Tudor Pickering from Accumulate to Buy.
The stock gained a consensus recommendation of 1.75 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. Schwab Charles Investment Management Inc. now owns 1,738,462 shares of the company's stock valued at $2,330,000 after buying an additional 927,207 shares in the last quarter. The price to earnings ratio for the company is 32.31 with a beta of 0. Nationwide Fund Advisors now owns 1,186,689 shares of the company's stock valued at $1,590,000 after buying an additional 570,143 shares in the last quarter. Considering the earnings reaction history, The Company has topped 58% percentage. According to their observations and findings, the stock could provide a high EPS of $-0.08/share and a Low EPS of $-0.2/share. (NYSE:CIE) announced the completion of its previously announced debt exchange and financing transaction with certain holders (the "Holders") of Cobalt's outstanding convertible senior notes due 2019 (the "2019 Notes") and convertible senior notes due 2024 (the "2024 Notes").
BP p.l.c. has distance from 20-day Simple Moving Average (SMA20) of 6.11%, Distance from 50-Day Simple Moving Average of 6.03 percent and Distance from 200-Day Simple Moving Average of 13.38%.
Analysts Evaluation to Track: Cobalt International Energy, Inc. The Company's Heidelberg project is located approximately 160 miles south of the Louisiana coast in over 5,300 feet of water and covers Green Canyon Blocks 859, 903 and 904. The stock's market capitalization arrived at $447.25M and total traded volume was 11.12 million shares.
November 10, 2016 - WPX Energy's (WPX) board of directors has approved a quarterly dividend of $0.78125 per share to holders of the company's 6.25 percent Series A Mandatory Convertible Preferred Stock.
For the Current Quarter, 2 analyst are projecting the mean EPS to be $0.19/share. For the current quarter the company has high EPS estimates of $-0.08 in contradiction of low EPS estimates of $-0.2. Cobalt International Energy, Inc. has P/S value of 51.07 while its P/B value stands at 0.47. Several studies suggest that positive earnings surprises not only lead to an immediate hike in a stock's price, but also to a gradual increase over time. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The stock has 52-week high of $37.28 and 52-Week low of $27.01. (NYSE:CIE)'s shares are now trading -82.97% away from the 52-week high price of $6.40 and +41.56% far from the 52-week low price of $0.77. Most recently on 8/18/16 the stock of Cobalt International Energy, Inc. The reported earnings missed the analyst's consensus by $-0.38 with the surprise factor of -253.30%.
The Company now has ROA (Return on Assets) of -1.4 percent, Return on Equity (ROE) of -3.9 Percent and Return on Investment (ROI) of -4.8% with Gross margin of 10.9 percent and Operating & Profit margin of -3.6% and -2% respectively. The Stock now has a Weekly Volatility of 11.46% and Monthly Volatility of 9.53%.
Along with these its year to date performance is standing at -79.26%.