Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Cobalt International Energy (CIE) Share Price

News headlines about Cobalt International Energy (NYSE:CIE) have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cobalt International Energy earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media headlines about the energy producer an impact score of 46.4398728017013 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news stories that may have effected Accern’s analysis:

Shares of Cobalt International Energy (CIE) opened at $0.44 on Wednesday. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of -1.70. Cobalt International Energy has a twelve month low of $0.41 and a twelve month high of $21.90.

A number of equities analysts recently commented on the company. Zacks Investment Research cut Cobalt International Energy from a “buy” rating to a “hold” rating in a report on Monday, November 6th. Citigroup Inc. reaffirmed a “sell” rating on shares of Cobalt International Energy in a report on Monday, November 6th. Three analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $90.67.

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Cobalt International Energy Company Profile

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.

Insider Buying and Selling by Quarter for Cobalt International Energy (NYSE:CIE)

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