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Kosmos Energy Ltd - KOS STOCK NEWS

Welcome to our dedicated news page for Kosmos Energy (Ticker: KOS), a resource for investors and traders seeking the latest updates and insights on Kosmos Energy.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kosmos Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kosmos Energy's position in the market.

Rhea-AI Summary
Kosmos Energy (KOS) announces the schedule for its first quarter 2024 results, with the earnings release on May 07, 2024. The conference call will be held at 11:00 a.m. EDT on the same day, available via telephone and webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
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conferences earnings
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Rhea-AI Summary
Kosmos Energy Ltd. (KOS) announces a private offering of $350 million convertible senior notes due 2030, with an option for an additional $50 million. The notes will have an initial conversion price of $7.02 per share, representing a 30.0% premium. The offering is expected to close on March 8, 2024, and the net proceeds are estimated to be approximately $340.4 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.52%
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none
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Rhea-AI Summary
Kosmos Energy Ltd. plans to offer $300 million in convertible senior notes due 2030 in a private placement, with an option for additional $45 million. The notes will be senior, unsecured obligations and guaranteed by certain subsidiaries. The company intends to use proceeds to repay debt, pay for capped call transactions, and cover offering expenses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.15%
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none
Rhea-AI Summary
Kosmos Energy Ltd. announced its financial and operating results for Q4 2023, with a net income of $22 million or $0.04 per diluted share. Adjusted net income was $149 million. Key highlights include 66,000 boepd production, $508 million revenues, and $281 million capital expenditures. The company maintained a AAA rating with MSCI and had 1P reserves of 280 mmboe. Kosmos aims for 50% production growth in 2022, with projects like Jubilee Southeast and Winterfell. Financially, Kosmos had $2.3 billion net debt and $0.7 billion available liquidity. Net cash provided by operating activities was $294 million, with free cash flow of $(27) million in Q4 2023. Reserves stood at 280 million boe for 1P and 520 million boe for 2P. Operational updates include progress in Ghana, U.S. Gulf of Mexico, Equatorial Guinea, and Mauritania & Senegal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.36%
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Rhea-AI Summary
Kosmos Energy (NYSE/LSE: KOS) announced its schedule for the fourth quarter 2023 results, with the earnings release set for February 26, 2024, and a conference call at 11:00 a.m. EST on the same day. The call will be available via telephone and webcast, with a replay available for approximately 90 days. Investors can access the information via Business Wire, Regulatory News Service, and the company's website at www.kosmosenergy.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.24%
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conferences earnings
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Rhea-AI Summary
Kosmos Energy has increased its working interest to 90% and assumed operatorship of the Yakaar-Teranga gas discoveries offshore Senegal. The field holds around 25 trillion cubic feet (Tcf) of advantaged gas and the project aims to provide cost-competitive gas to the domestic market and export volumes to international markets. The project is expected to lower emissions and establish Senegal as a reliable energy supplier.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.61%
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none
Rhea-AI Summary
Kosmos Energy Ltd. reported its financial and operating results for Q3 2023. The company generated a net income of $85 million, or $0.18 per diluted share. Adjusted net income was $126 million, or $0.26 per diluted share. Net production averaged around 68,200 boepd, with sales of around 73,100 boepd. Revenues were $526 million, and production expense was $139 million. Capital expenditures were $193 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.61%
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Rhea-AI Summary
Kosmos Energy announces oil discovery in U.S. Gulf of Mexico
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1.47%
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Rhea-AI Summary
Kosmos Energy announces schedule for Q3 2023 results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
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conferences earnings
Rhea-AI Summary
Kosmos Energy Ltd. (KOS) announced its Q2 2023 financial and operational results, generating a net income of $23 million or $0.05 per diluted share. Adjusted net income was $27 million or $0.06 per diluted share. Revenues were $273 million, with net production of ~58,000 boepd and sales of ~45,200 boepd. The company had a net material underlift position of approximately 1 million barrels at the end of the quarter. Kosmos exited Q2 2023 with approximately $2.3 billion of net debt and available liquidity of approximately $0.7 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
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Kosmos Energy Ltd

NYSE:KOS

KOS Rankings

KOS Stock Data

2.92B
462.60M
2.78%
95.42%
8.19%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
Bermuda
2 Church Street

About KOS

kosmos energy (nyse: kos) is a leading independent oil and gas exploration and production company focused on frontier and emerging areas along the atlantic margin. our assets include existing production and other major development projects offshore ghana, major discoveries offshore mauritania and senegal, as well as exploration licenses with significant hydrocarbon potential offshore mauritania, morocco, senegal, suriname, and western sahara. as an ethical and transparent company, kosmos is committed to doing things the right way. the company’s business principles articulate our commitment to transparency, ethics, human rights, safety and the environment. kosmos was founded in 2003 with the goal of creating value for all our stakeholders, including investors, employees and the governments and citizens of our host countries. we strive to be as good above the ground as we are below it, knowing that corporate responsibility underpins our ability to create lasting value. as such, we are co