Cobalt International Energy

• Buy, Sell, or Hold for This Offshore Energy Company?

  By Nathan Kirykos - April 22, 2013 | Tickers: CIE, E, STO, TOT, EGY

  Hunting for overlooked energy companies, I stumbled upon VAALCO Energy (NYSE: EGY) that holds producing properties in Gabon and significant exploration acreage in Gabon, Equatorial Guinea, and Angola. It seems that the good times have bypassed the company's stock, which has underperformed over the last months. However, don't be blinded by this underperformance, because the fundamentals tell us a different story. 

  
  

  When numbers speak volumes 

   

  VAALCO has Enterprise more »

• Buy, Sell Or Hold For This Offshore Energy Company?

  By Nathan Kirykos - April 17, 2013 | Tickers: CIE, E, STO, TOT, EGY

  Hunting for overlooked energy companies, I stumbled on Vaalco Energy (NYSE: EGY) that holds producing properties in Gabon and significant exploration acreage in Gabon, Equatorial Guinea and Angola. It seems that the good times have bypassed the company's stock which has underperformed during the last months. However, don't be blinded by this underperformance because the fundamentals tell us a different story. 

  
  

  When numbers speak volumes 

   

  Vaalco has Enterprise more »

• Billionaire Ken Griffin's Newest Stock Picks

  By Meena Krishnamsetty - March 3, 2013 | Tickers: ADT, ADSK, CIE, GPOR, TXT

  The end of earnings season does not mean the end of excitement for us at Insider Monkey; we keep our ears to the ground for the round of 13F filings that usually post during and after each quarterly earnings season. Hedge funds are required by the SEC to disclose many of their equity, option, and bond positions, and we analyze these documents to glean the most impactful information out of more »

• Angola Holds an Enviable Position in the African Oil Rush

  By Nathan Kirykos - December 19, 2012 | Tickers: CIE, E, SDRL, STO, TOT

  After 27 years of civil war, peace has returned to Angola, allowing several foreign companies from the energy sector to invest there. Angola ranks as the 2nd largest oil producer in Africa, with 2011 production of 1.75M bopd. BP estimates that Angola hosts 13.5 billion barrels of oil reserves. Most of these reserves are offshore, because onshore exploration was impossible during the years of the civil war. Offshore more »

• How Do you Say Exploration in French?

  By Eric Fox - October 8, 2012 | Tickers: BP, CIE, PBR, STO, TOT

  Total (NYSE: TOT) has an extensive collection of exploration prospects and plans to use these properties to generate long-term oil and gas production growth for the company.  These prospects are spread across its global portfolio, including Africa, South America, Iraq and Europe.

  Production Goals

  Total expects to grow oil and gas production by a 3% compound annual growth rate through 2015 and said that the projects needed to generate this more »

• Five Exploration and Production Companies with No Debt

  By Eric Fox - September 7, 2012 | Tickers: CIE, MCF, EPM, GTE, SN

  Many exploration and production companies look to grow oil and gas production and reserves as rapidly as possible, as a means of creating value.  These companies frequently utilize debt to fund these aggressive growth programs and end up with problems when commodity prices fall. Despite this industry preference for debt financing, there are still some exploration and production companies that shun debt and operate without borrowing.

  Debt Free

  Sanchez Energy more »

• Gushing Oil Profits From Offshore Africa

  By Tony Daltorio - July 8, 2012 | Tickers: BP, CIE, PBR, REPYY.PK, STO

  In what surely must be a surprise to nearly every global investor, one of the world's fastest growing economies is located on the western coast of Africa – Angola. This country's GDP is expected to grow this year by an incredible 9.1 percent! 

  What is causing this surge of economic growth in Angola? The answer is a simple one word answer – oil. The country is now Africa's more »

• Refining Stocks Make Sweet Crude Profits

  By Streetwise Reports - May 17, 2012 | Tickers: BCEI, CIE, HES, HFC, KMP, SUN

  By George S. Mack of The Energy Report

  Focus on earnings achievability.

  It's not often that a guy gets around his industry to the extent that recent The Energy Report interviewee Evan Calio has. He's an honors grad attorney who served as special counsel for the U.S. Securities and Exchange Commission's (SEC) Division of Corporation Finance focusing on the energy group. He then went to JP more »

• Big Oil in Angola

  By Damon Judd - February 10, 2012 | Tickers: CIE, STO

  Cobalt International Energy (NYSE: CIE), a deep-water oil explorer, said test results at an oil discovery off Angola were better than the company’s expectations. Work at the Cameia-1 well confirmed a 1,180-foot (360-meter) oil column and Cobalt and its partners will now begin an appraisal drilling program to evaluate the size of the discovery, the company said in a statement. The Cameia well may have the potential to more »

• Investing Into the Angolan Oil Boom

  By Tony Daltorio - December 27, 2011 | Tickers: BP, CIE, COP, E, STO, TOT

  Angola's state-controlled oil company Sonangol finalized deals last week with major international oil firms to explore for oil in ultra-deepwater offshore fields. These 'pre-salt' oil fields are located under the Kwanza Basin seabed in the eastern Atlantic. The fields are called 'pre-salt' because the oil is trapped under a thick layer of salt. 

  The fields are believed to share promising geological similarities to those prolific fields in the western more »