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Cobalt International Energy, Inc. (CIE) [hlAlert]

Rating:
Overweight
CIE
down 41.15 %

Cobalt International Energy (CIE) rated Overweight by JP Morgan

Posted on: Wednesday,  Mar 17, 2010  8:25 AM ET by JP Morgan

JP Morgan rated Overweight Cobalt International Energy, Inc. (NYSE: CIE) on 03/17/2010, when the stock price was $14.24.
Since then, Cobalt International Energy, Inc. has lost 41.15% as of 01/26/2016's recent price of $8.38.
If you would have followed this JP Morgan's recommendation on CIE, you would have lost 41.15% of your investment in 2141 days.

Cobalt International Energy, Inc. operates as an independent oil-focused exploration and production company. The company focuses on the deepwater U.S. Gulf of Mexico, and offshore Angola and Gabon in West Africa. It has strategic relationships with TOTAL E&P USA, INC. and Sociedade Nacional de Combustíveis de Angola?Empresa Pública. The company was founded in 2005 and is based in Houston, Texas.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/17/2010 8:25 AM Buy
None
14.24
as of 12/31/2010
1 Week up  5.15 %
1 Month up  13.11 %
3 Months up  34.55 %
1 YTD down  -9.76 %

(*) Stock Price at the time of the recommendation.
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