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)Annual | Quarterly
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 investments | 525,680 | 575,374 | 759,135 | 953,952 | 421,589 | 572,527 | |||
Cash and cash equivalents | 200,445 | 191,608 | 118,493 | 613,534 | 277,462 | 131,661 | |||
Short-term investments | 325,235 | 383,766 | 640,642 | 340,418 | 144,127 | 440,866 | |||
Restricted cash and investments | 11,274 | 11,274 | 11,274 | 2,517 | 252,200 | 252,200 | |||
Receivables | 186,239 | 195,260 | 176,402 | 167,573 | 43,691 | 51,436 | |||
Inventory, net of allowances, customer advances and progress billings | 13,128 | ||||||||
Inventory | 13,128 | ||||||||
Disposal group, including discontinued operation | 1,865,667 | 1,873,514 | |||||||
Other current assets | 34,628 | 16,506 | 29,109 | 23,149 | 38,841 | ||||
Other undisclosed current assets | 55,058 | ||||||||
Total current assets: | 757,821 | 798,414 | 975,920 | 1,147,191 | 2,621,988 | 2,817,863 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 2,837 | 3,185 | 3,540 | 3,902 | 4,282 | 4,748 | |||
Oil and gas property, successful effort method | 920,776 | 961,849 | 952,150 | 1,078,885 | 1,053,666 | 1,001,526 | |||
Restricted cash and investments | 9,044 | ||||||||
Other noncurrent assets | 10,950 | 10,900 | 500 | 500 | 9,537 | 8,831 | |||
Total noncurrent assets: | 934,563 | 975,934 | 956,190 | 1,083,287 | 1,067,485 | 1,024,149 | |||
TOTAL ASSETS: | 1,692,384 | 1,774,348 | 1,932,110 | 2,230,478 | 3,689,473 | 3,842,012 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 219,884 | 206,178 | 270,133 | 264,372 | 202,508 | 170,315 | |||
Interest and dividends payable | 7,800 | ||||||||
Accounts payable | 26,280 | 33,187 | 34,868 | 36,954 | 86,698 | 24,350 | |||
Accrued liabilities | 193,604 | 172,991 | 235,265 | 227,418 | 115,810 | 138,165 | |||
Disposal group, including discontinued operation | 141,563 | 196,707 | |||||||
Other undisclosed current liabilities | 250,000 | 250,000 | 250,000 | 269,582 | 300,908 | 242,200 | |||
Total current liabilities: | 469,884 | 456,178 | 520,133 | 533,954 | 644,979 | 609,222 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 2,496,310 | 2,481,014 | 2,492,093 | 2,479,349 | 2,055,342 | 2,030,721 | |||
Long-term debt, excluding current maturities | 2,496,310 | 2,481,014 | 2,492,093 | 2,479,349 | 2,055,342 | 2,030,721 | |||
Liabilities, other than long-term debt | 196,634 | 163,688 | 63,809 | 58,509 | 5,316 | 5,268 | |||
Deferred revenue and credits | 1,897 | ||||||||
Asset retirement obligations | 8,486 | 8,190 | 7,893 | 6,523 | 3,473 | 3,371 | |||
Deferred tax liabilities, net | |||||||||
Other liabilities | 1,721 | 1,735 | 1,799 | 1,863 | 1,843 | ||||
Derivative instruments and hedges, liabilities | 186,427 | 153,763 | 54,117 | 50,123 | |||||
Total noncurrent liabilities: | 2,692,944 | 2,644,702 | 2,555,902 | 2,537,858 | 2,060,658 | 2,035,989 | |||
Total liabilities: | 3,162,828 | 3,100,880 | 3,076,035 | 3,071,812 | 2,705,637 | 2,645,211 | |||
Equity | |||||||||
Equity, attributable to parent | (1,470,444) | (1,326,532) | (1,143,925) | (841,334) | 983,836 | 1,196,801 | |||
Common stock | 296 | 295 | 4,427 | 4,412 | 4,103 | 4,101 | |||
Additional paid in capital | 4,236,432 | 4,230,728 | 4,223,635 | 4,219,611 | 4,172,150 | 4,166,910 | |||
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) | 983,836 | 1,196,801 | |||
Other undisclosed liabilities and equity | |||||||||
TOTAL LIABILITIES AND EQUITY: | 1,692,384 | 1,774,348 | 1,932,110 | 2,230,478 | 3,689,473 | 3,842,012 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
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) | 14,427 | 13,749 | 9,867 | 7,768 | 4,228 | 3,173 | ||
Cost of revenue (Cost of Goods and Services Sold) | (2,638) | (3,035) | (2,698) | (2,543) | (2,372) | (3,024) | ||
Gross profit: | 11,789 | 10,714 | 7,169 | 5,225 | 1,856 | 149 | ||
Operating expenses | (90,873) | (97,673) | (274,917) | (1,868,119) | (203,876) | (189,096) | ||
Other undisclosed operating income | 2,638 | 3,035 | 2,698 | 2,543 | 2,372 | 3,024 | ||
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, basic | 42,155 | 41,741 | 44,484 | 83,045 | ||||
Net loss available to common stockholders, diluted: | (149,618) | (185,568) | (306,255) | (1,872,940) | (218,205) | (205,549) |
Comprehensive Income ($ in thousands)Annual | Quarterly
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.