News articles about Cobalt International Energy (NYSE:CIE) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cobalt International Energy earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media headlines about the energy producer an impact score of 43.5415929338792 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Cobalt International Energy (NYSE CIE) traded up $0.01 during trading hours on Wednesday, reaching $0.38. 1,011,000 shares of the company’s stock were exchanged, compared to its average volume of 700,045. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of -1.70. The stock has a market cap of $19.45, a PE 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.
Several analysts recently issued reports on CIE shares. Zacks Investment Research upgraded Cobalt International Energy from a “hold” rating to a “buy” rating and set a $1.00 price target for the company in a report on Thursday, October 26th. Citigroup reiterated a “sell” rating on shares of Cobalt International Energy in a report on Monday, November 6th. Three research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. Cobalt International Energy currently has a consensus rating of “Hold” and a consensus target price of $90.67.
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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