Cobalt International Energy Inc (CIEI) Financial Statements (2024 and earlier)

Company Profile

Business Address COBALT CENTER
HOUSTON, TX 77024
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments525,680575,374759,135953,952421,589572,527
Cash and cash equivalents200,445191,608118,493613,534277,462131,661
Short-term investments 325,235383,766640,642340,418144,127440,866
Restricted cash and investments11,27411,27411,2742,517252,200252,200
Receivables186,239195,260176,402167,57343,69151,436
Inventory, net of allowances, customer advances and progress billings      13,128
Inventory      13,128
Disposal group, including discontinued operation     1,865,6671,873,514
Other current assets34,62816,50629,10923,14938,841 
Other undisclosed current assets      55,058
Total current assets:757,821798,414975,9201,147,1912,621,9882,817,863
Noncurrent Assets
Property, plant and equipment2,8373,1853,5403,9024,2824,748
Oil and gas property, successful effort method920,776961,849952,1501,078,8851,053,6661,001,526
Restricted cash and investments      9,044
Other noncurrent assets10,95010,9005005009,5378,831
Total noncurrent assets:934,563975,934956,1901,083,2871,067,4851,024,149
TOTAL ASSETS:1,692,3841,774,3481,932,1102,230,4783,689,4733,842,012
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities219,884206,178270,133264,372202,508170,315
Interest and dividends payable      7,800
Accounts payable26,28033,18734,86836,95486,69824,350
Accrued liabilities193,604172,991235,265227,418115,810138,165
Disposal group, including discontinued operation     141,563196,707
Other undisclosed current liabilities 250,000250,000250,000269,582300,908242,200
Total current liabilities:469,884456,178520,133533,954644,979609,222
Noncurrent Liabilities
Long-term debt and lease obligation 2,496,3102,481,0142,492,0932,479,3492,055,3422,030,721
Long-term debt, excluding current maturities 2,496,3102,481,0142,492,0932,479,3492,055,3422,030,721
Liabilities, other than long-term debt196,634163,68863,80958,5095,3165,268
Deferred revenue and credits      1,897
Asset retirement obligations8,4868,1907,8936,5233,4733,371
Deferred tax liabilities, net      
Other liabilities1,7211,7351,7991,8631,843 
Derivative instruments and hedges, liabilities 186,427153,76354,11750,123  
Total noncurrent liabilities:2,692,9442,644,7022,555,9022,537,8582,060,6582,035,989
Total liabilities:3,162,8283,100,8803,076,0353,071,8122,705,6372,645,211
Equity
Equity, attributable to parent(1,470,444)(1,326,532)(1,143,925)(841,334)983,8361,196,801
Common stock2962954,4274,4124,1034,101
Additional paid in capital4,236,4324,230,7284,223,6354,219,6114,172,1504,166,910
Accumulated deficit(5,707,172)(5,557,555)(5,371,987)(5,065,357)(3,192,417)(2,974,210)
Total equity:(1,470,444)(1,326,532)(1,143,925)(841,334)983,8361,196,801
Other undisclosed liabilities and equity      
TOTAL LIABILITIES AND EQUITY:1,692,3841,774,3481,932,1102,230,4783,689,4733,842,012

Income Statement (P&L) ($ in thousands)

12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
Other undisclosed income before gain (loss) on sale of properties    25,431  
Revenues
(Revenue, Net)
14,42713,7499,8677,7684,2283,173
Cost of revenue
(Cost of Goods and Services Sold)
(2,638)(3,035)(2,698)(2,543)(2,372)(3,024)
Gross profit:11,78910,7147,1695,2251,856149
Operating expenses(90,873)(97,673)(274,917)(1,868,119)(203,876)(189,096)
Other undisclosed operating income2,6383,0352,6982,5432,3723,024
Operating loss:(76,446)(83,924)(265,050)(1,860,351)(199,648)(185,923)
Nonoperating expense(73,172)(101,644)(41,205)(38,020)(14,043)(14,522)
Loss on contract termination     (95,908) 
Interest and debt expense(42,155)(41,741)(44,484)(36,395)(15,033)(15,975)
Other undisclosed income from continuing operations before equity method investments, income taxes      15,975
Loss from continuing operations before income taxes:(191,773)(227,309)(350,739)(1,934,766)(228,724)(200,445)
Other undisclosed income (loss) from continuing operations    (46,650)15,033 
Loss from continuing operations:(191,773)(227,309)(350,739)(1,981,416)(213,691)(200,445)
Loss before gain (loss) on sale of properties:(191,773)(227,309)(350,739)(1,955,985)(218,205)(205,549)
Loss from discontinued operations     (4,514)(5,104)
Net loss attributable to parent:(191,773)(227,309)(350,739)(1,955,985)(218,205)(205,549)
Other undisclosed net income available to common stockholders, basic42,15541,74144,48483,045  
Net loss available to common stockholders, diluted:(149,618)(185,568)(306,255)(1,872,940)(218,205)(205,549)

Comprehensive Income ($ in thousands)

12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
6/30/2016
Q2
Net loss:(191,773)(227,309)(350,739)(1,955,985)(218,205)(205,549)
Comprehensive loss, net of tax, attributable to parent:(191,773)(227,309)(350,739)(1,955,985)(218,205)(205,549)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: