Kosmos Energy Ltd. reports deepwater oil and gas exploration and production developments across assets offshore Ghana, Equatorial Guinea, Mauritania, Senegal and the Gulf of America. The company’s updates commonly cover production, sales volumes, operating costs, development opportunities in proven basins, and results from geographic reporting areas led by Ghana.
Recurring news also includes quarterly earnings releases, conference-call schedules, capital-allocation priorities, debt refinancing and repayment activity, common stock offerings, and other balance-sheet actions. Company updates may also address asset-level matters such as the TEN FPSO and broader governance, safety, environmental and transparency commitments described in its business principles and sustainability reporting.
Kosmos Energy (KOS) completed an amendment and extension of its reserve-based lending facility, maintaining total commitments of $1.2 billion. The facility had $750 million drawn at close and extends final maturity from December 2029 to April 2033, a tenor of approximately six and a half years.
Initial pricing is the Secured Overnight Financing Rate, a benchmark interest rate, plus 4.5% for the first three years, a reduction of 0.25% from the current margin. The facility is secured against production assets in Ghana. Facility size begins to amortize after three years; at the current drawn amount, scheduled repayments would begin in 2031. Kosmos plans to continue reducing leverage, enhancing liquidity and addressing remaining near-term maturities.
Kosmos Energy (KOS) reported a third-quarter 2026 net loss of $43 million as production increased and debt declined. The loss was $0.07 per diluted share, versus $0.26 a year earlier; adjusted net income was $35 million. Oil and gas revenue reached $410 million, versus $311 million. Net production averaged approximately 69,200 barrels of oil equivalent per day, up approximately 6% year over year, while production expenses fell approximately 31%.
Quarterly operating cash flow was approximately $164 million and non-GAAP free cash flow approximately $90 million. Net debt ended at approximately $2.47 billion, down over $500 million since year-start. Kosmos expects year-end net debt below $2.4 billion. In October, it extended its $1.2 billion reserve-based lending facility to April 2033. The company completed seven Jubilee wells and the Tiberius farm-down, while fourth-quarter Gulf production faces maintenance and hurricane-related downtime.
Kosmos Energy (KOS) will release its third-quarter 2026 results on November 2, 2026, before the UK market opens.
A telephone conference call and webcast will follow at 11:00 a.m. ET that day. A webcast replay will be available at investors.kosmosenergy.com for approximately 90 days after the event.
Kosmos Energy (NYSE/LSE: KOS) reported second quarter 2026 net income of $185 million or $0.31 per diluted share, and adjusted net income of $68 million or $0.11 per share. Net production averaged ~71,400 boepd, up ~12% year-on-year, with revenue of $607 million at $86.68/boe (excluding derivative cash settlements). Production expense was $179 million or $25.61/boe, about 25% lower than the prior-year quarter, and capital expenditures were $105 million.
Kosmos generated ~$175 million in operating cash flow and ~$89 million of free cash flow, reducing net debt by more than $400 million in the first half and ending the quarter with $2.56 billion of net debt and over $500 million of liquidity. The company completed the $127 million sale of its Equatorial Guinea assets, advanced GTA Phase 1 to ~2.65 mtpa gross LNG, lifted nine LNG cargos, and farmed down the Tiberius project, adding a carried capital component and milestone-based consideration.
Kosmos Energy (NYSE/LSE: KOS) will release its Q2 2026 results on Monday, August 3, 2026, before the UK market opens.
An accompanying conference call and webcast is scheduled for 11:00 a.m. ET the same day, with a replay available online for about 90 days.
Kosmos Energy (NYSE:KOS) reported strong first-half 2026 operational and financial progress. In Ghana, Jubilee well J76 came online mid-June, adding about 20,000 bopd, with Q2 Jubilee output around 72,000 bopd and an exit rate above 85,000 bopd. Upcoming wells J77 and J50 are expected to lift Jubilee production toward 90,000 bopd.
The GTA LNG project in Mauritania/Senegal lifted nine LNG cargos in Q2, at the top of guidance. Net debt fell over $400 million since year-end 2025 to about $2.56 billion, with liquidity above $500 million and a targeted net debt reduction of around 20% year-on-year by end-2026.
Kosmos Energy (NYSE:KOS) completed the sale of its interests in the Ceiba Field and Okume Complex in Block G offshore Equatorial Guinea to Panoro Energy.
Cash consideration was about $127 million, plus potential contingent payments up to $40 million. Proceeds will repay RBL debt, remove a $140 million asset retirement obligation, and follow year-to-date production of ~5,800 bopd net.
Kosmos Energy (NYSE: KOS) reported Q1 2026 results with record net production ~74,800 boepd, revenues of $371 million and a GAAP net loss of $226 million ($0.45/share). Adjusted net loss was $36 million ($0.07/share). Capital expenditures were $91 million; net debt ~$2.8 billion and liquidity ~$488 million.
Key items: GTA producing above nameplate, $350M bond, ~$200M equity raise, sale of Equatorial Guinea assets up to ~$220M, TEN FPSO acquisition, and FID on Tiberius.
Kosmos Energy (NYSE/LSE: KOS) will report first quarter 2026 results on Tuesday, May 5, 2026.
The earnings release will be published pre-UK market open and a conference call and webcast will be held May 5 at 11:00 a.m. ET; a replay will be available for ~90 days.
Kosmos Energy (NYSE:KOS) priced a registered underwritten public offering of 97,500,000 common shares at $1.90 per share, producing gross proceeds of $185,250,000. Kosmos granted underwriters a 30-day option for up to 14,625,000 additional shares.
Closing is expected on March 12, 2026, subject to customary conditions. Net proceeds are intended to repay outstanding borrowings under the company’s commercial debt facility and additional debt. Barclays and Stifel are joint book-running managers. The offering is made from an effective shelf registration with the SEC.