Cobalt International Energy

Our Vision Cobalt’s vision is to become one of the world’s most admired exploration and production companies by keeping commitments, adhering to our values, achieving results as promised, and consistently delivering top quartile rates of return. Our business model allows us to move quickly and seamlessly through the exploration, appraisal, development and production processes. Our History Cobalt’s pioneering approach to oil exploration was built on the unique idea that an agile company, armed with exceptional human talent, the best available seismic data, outstanding assets and a disciplined business model, can compete with the world’s largest energy companies. Through our experienced workforce, innovative technology and pioneering siting techniques, the company has built a carefully selected, world-class oil portfolio in the deepwater regions of the Gulf of Mexico and offshore West Africa. Our Future As we transition from an oil exploration company to exploration and development, we continue our endeavor to be a successful, enduring enterprise that will generate wealth for our investors and provide an outstanding professional experience for our team members. Our track record of exploration excellence continues with twelve deepwater discoveries in the Gulf of Mexico and West Africa. These achievements, combined with a disciplined plan for future oil production, position the company exceptionally well for long-term value creation. At Cobalt, we are discovering opportunity and producing value.
Type
Public
HQ
Houston, US
Founded
2005
Size (employees)
226 (est)
Cobalt International Energy was founded in 2005 and is headquartered in Houston, US

Cobalt International Energy Office Locations

Cobalt International Energy has an office in Houston
Houston, US (HQ)
100 920 Memorial City Way

Cobalt International Energy Data and Metrics

Cobalt International Energy Financial Metrics

USD

Net income (FY, 2016)

(2.3 b)

EBIT (FY, 2016)

(2.3 b)

Market capitalization (20-Jul-2017)

74.4 m

Closing share price (20-Jul-2017)

2.6

Cash (31-Dec-2016)

613.5 m

EV

1.9 b
Cobalt International Energy's current market capitalization is $74.4 m.
USDFY, 2016

Sales and marketing expense

7.6 m

General and administrative expense

127.9 m

Operating expense total

2.3 b

EBIT

(2.3 b)

Interest expense

(83 m)

Interest income

4.7 m

Net Income

(2.3 b)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

192.5 m258.7 m71.6 m613.5 m

Inventories

55.9 m14.5 m43.9 m

Current Assets

2 b2 b3.1 b1.1 b

Total Assets

3.6 b4.5 b4.1 b2.2 b

Total Debt

2.5 b

Current Liabilities

341 m303.6 m628 m534 m

Non-Current Liabilities

1.2 b2 b2 b

Total Liabilities

1.5 b2.3 b2.6 b

Additional Paid-in Capital

3.6 b4.1 b4.2 b4.2 b

Retained Earnings

(2.7 b)(5.1 b)

Total Equity

2.1 b2.1 b1.4 b(841.3 m)

Debt to Equity Ratio

-2.9 x

Debt to Assets Ratio

1.1 x

Financial Leverage

1.7 x2.1 x2.8 x-2.7 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(589 m)(510.8 m)(694.4 m)(2.3 b)

Depreciation and Amortization

1.9 m4.6 m1.4 m22 m

Inventories

(10 m)(21 m)6.9 m

Cash From Operating Activities

(216.4 m)(64.5 m)(251.9 m)

Purchases of PP&E

(3.8 b)(4.3 b)(1.8 b)(5.1 b)

Cash From Investing Activities

(1 b)(1.1 b)80.9 m

Cash From Financing Activities

(992 k)1.3 b(4.1 m)

Interest Paid

34.6 m56.8 m78.4 m
Y, 2016

EV/EBIT

-0.9 x

Debt/Equity

-2.9 x

Debt/Assets

1.1 x

Financial Leverage

-2.7 x

Cobalt International Energy Market Value History

Cobalt International Energy News and Updates

Cobalt International Energy Company Life and Culture

You may also be interested in