Cobalt International Energy (CIE) Reports Q3 Loss of $5.05, Miss on Revenues

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Go back to Cobalt International Energy (CIE) Reports Q3 Loss of $5.05, Miss on Revenues

Cobalt International Energy (CIE) PT Lowered to $0 at Citi on Potential Default

November 6, 2017 7:37 AM EST

Citi lowered its price target on Cobalt International Energy (NYSE: CIE) to $0.00 (from $1.00) while maintaining a Sell rating after the company hired financial and legal advisors regarding strategic alternatives it may pursue to enhance liquidity and address its capital structure and a potential delisting... More