Edition:
United States

Cobalt International Energy Inc (CIE)

CIE on New York Consolidated

1.04USD
20 Oct 2017
Change (% chg)

$-0.07 (-6.31%)
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$1.11
Open
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Latest Key Developments (Source: Significant Developments)

Cobalt International Energy posts Q2 loss per share $6.28
Tuesday, 8 Aug 2017 06:45am EDT 

Aug 8 (Reuters) - Cobalt International Energy Inc :Cobalt International Energy Inc announces second quarter 2017 results and provides operational update.Q2 loss per share $6.28.Q2 earnings per share view $-0.71 -- Thomson Reuters I/B/E/S.Cobalt International Energy Inc - ‍expect capital expenditures to be approximately $250 million in 2017.Cobalt International Energy Inc qtrly decrease in net loss compared to same period in 2016 was largely driven by a $113 million reduction in dry hole costs.Cobalt International Energy Inc - qtrly oil, natural gas and natural gas liquids revenues $ 13.7 million versus $3.2 million.Cobalt International Energy - arbitration between cobalt, sonangol is "progressing as planned" and currently arbitral tribunals are being constituted​.Cobalt International Energy - met with representatives from sonangol,angolan government, appears all parties share goal to "resolve this matter amicably"​.  Full Article

Cobalt International Energy announces agreement to expand Anchor unit
Wednesday, 12 Jul 2017 04:15pm EDT 

July 12 (Reuters) - Cobalt International Energy Inc ::Cobalt International Energy, Inc announces agreement to expand the anchor unit.Cobalt International Energy Inc - following such approval, cobalt will retain a 20% working interest in revised anchor unit.Cobalt International Energy - agreement to unitize and include cobalt's two leases immediately south of current anchor unit into existing anchor unit.  Full Article

Cobalt International Energy board approves reverse stock split
Monday, 12 Jun 2017 04:30pm EDT 

June 12 (Reuters) - Cobalt International Energy Inc : :Cobalt International Energy Inc board of directors approves reverse stock split.Cobalt International Energy says ‍board of directors has approved a 1-for-15 reverse stock split of Cobalt's issued and outstanding shares of common stock​.  Full Article

Cobalt International Energy says on May 18, co entered into definitive documents in connection with, and consummated, a debt exchange transaction
Thursday, 18 May 2017 05:28pm EDT 

May 18 (Reuters) - Cobalt International Energy Inc :Cobalt International Energy Inc says on May 18, co entered into definitive documents in connection with, and consummated, a debt exchange transaction.Cobalt International Energy Inc - Related transaction with certain holders of company's outstanding 3.125% convertible senior notes due 2024.Cobalt International Energy - Transaction consisted of issuance of $32.1 million principal amount of 7.750% second-lien senior secured notes due 2023.Cobalt International Energy Inc - Issuance of $32.1 million to holders in exchange for $60.9 million aggregate principal amount of 2024 notes held by holders.Cobalt International Energy - Due to transaction, principal face amount of outstanding long-term debt has been reduced by approximately $28.8 million million.  Full Article

Cobalt International Energy reports Q1 loss per share $0.69
Monday, 8 May 2017 06:45am EDT 

May 8 (Reuters) - Cobalt International Energy Inc -:Cobalt International Energy Inc announces first quarter 2017 results and provides operational update.Q1 loss per share $0.69.Q1 earnings per share view $-0.13 -- Thomson Reuters I/B/E/S.Cobalt International Energy - expect capital expenditures to be about $250 million in 2017, which excludes general,administrative expenses,interest expense.Cobalt International Energy- total 2017 cash outlays currently expected to be between $550 million and $600 million, of which about $196 million has been spent as of march 31, 2017.  Full Article

Cobalt International Q4 loss per share $4.47
Tuesday, 14 Mar 2017 06:45am EDT 

Cobalt International Energy Inc : Cobalt international energy, inc. Announces fourth quarter and year end 2016 results and provides operational update . Q4 loss per share $4.47 . Q4 earnings per share view $-0.13 -- Thomson Reuters I/B/E/S . Cobalt international energy inc -expect capital expenditures to be approximately $275 million in 2017 . Cobalt international energy inc- total 2017 cash outlays are currently expected to be between $550 million and $650 million .Cobalt international energy inc - in 2017, net revenue is expected to be approximately $50 million.  Full Article

Cobalt announces closing of DOJ investigation
Thursday, 9 Feb 2017 08:38am EST 

Cobalt International Energy Inc : Cobalt announces closing of DOJ investigation . No regulatory action has been taken against Cobalt as a result of these investigations . Cobalt International - received a letter from U.S DOJ advising Cobalt that DOJ has closed its FCPA investigation into Cobalt's operations in Angola .Cobalt International Energy - DOJ investigation, last FCPA investigation by a U.S. regulatory agency into co's Angolan operations, formally concluded.  Full Article

Cobalt International filed for mixed shelf offering of up to $1 bln
Thursday, 22 Dec 2016 05:33pm EST 

Cobalt International Energy Inc : Cobalt International Energy Inc says filed for mixed shelf offering of up to $1 billion - SEC filing .Cobalt International Energy Inc - in addition, selling security holders may from time to time offer, sell up to 71.4 million shares of co's common stock.  Full Article

Agreement between Unit Cobalt International Energy Angola and Sonangol terminated
Tuesday, 23 Aug 2016 06:37am EDT 

Cobalt International Energy Inc: On aug 22, 2016, purchase and sale agreement between unit cobalt international energy angola ltd. And sonangol was automatically terminated . Cobalt international energy inc says in accordance with the purchase and sale agreement, sonangol had previously paid the company $250.0 million . As requisite angolan government approvals were not received within one year, purchase and sale agreement automatically terminated .Cobalt international energy says plans to work with sonangol to understand and agree on the financial and operational implications of the termination.  Full Article

Cobalt International reports Q2 loss per share $0.50
Tuesday, 2 Aug 2016 06:45am EDT 

Cobalt International Energy Inc : Quarterly loss per share $0.50 . Q2 loss per share $0.49 from continuing operations . Q2 earnings per share view $-0.11 -- Thomson Reuters I/B/E/S . Updated full year guidance for capital expenditures of about $500 million to $550 million in 2016 .Q2 earnings per share view $-0.11, revenue view $5.2 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Cobalt International receives continued listing standard notice from NYSE

* Cobalt International Energy Inc receives continued listing standard notice from NYSE Source text for Eikon: Further company coverage: