Referenced Stocks

Cobalt International Energy's Q3 In Line with Estimates

By Midnight Trader,  October 30, 2012, 08:01:51 AM EDT

Cobalt International Energy, Inc. ( CIE ) reported third quarter 2012 net loss of $39 million, or $0.10 per basic and diluted share, compared to consensus estimate of $0.10 per share loss. In the same period last year, net loss was $47 million, or $0.12 per basic and diluted share.

Total expenditures (excluding changes in working capital) for the quarter were approximately $129 million. These expenditures are consistent with previously announced 2012 estimated total expenditures of between $550 and $650 million.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: CIE



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