Board Change • 22h
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Independent Director Mike Stice was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • May 06
Kosmos Energy Ltd. Provides Production Guidance for the Second Quarter of 2026 Kosmos Energy Ltd. provided production guidance for the second quarter of 2026. For the quarter, the company expects production to be between 70,000 boe per day to 74,000 boe per day. Annuncio • Apr 17
Kosmos Energy Ltd., Annual General Meeting, May 28, 2026 Kosmos Energy Ltd., Annual General Meeting, May 28, 2026. Annuncio • Apr 16
Kosmos Energy Ltd. to Report Q1, 2026 Results on May 05, 2026 Kosmos Energy Ltd. announced that they will report Q1, 2026 results Pre-Market on May 05, 2026 New Risk • Mar 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$57m net loss in 3 years). Shareholders have been diluted in the past year (21% increase in shares outstanding). Significant insider selling over the past 3 months (Mex$6.5m sold). Reported Earnings • Mar 03
Full year 2025 earnings released: US$1.47 loss per share (vs US$0.40 profit in FY 2024) Full year 2025 results: US$1.47 loss per share (down from US$0.40 profit in FY 2024). Revenue: US$1.29b (down 23% from FY 2024). Net loss: US$699.8m (down 469% from profit in FY 2024). Oil reserves Proven reserves: 250 MMbbls Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Oil and Gas industry in South America. Annuncio • Feb 25
Panoro Energy ASA (OB:PEN) entered into a definitive agreement to acquire an additional 40.38% stake in Ceiba Field and Okume Complex production assets offshore Equatorial Guinea of Kosmos Energy Ltd. (NYSE:KOS) for approximately $220 million. Panoro Energy ASA (OB:PEN) entered into a definitive agreement to acquire an additional 40.38% stake in Ceiba Field and Okume Complex production assets offshore Equatorial Guinea of Kosmos Energy Ltd. (NYSE:KOS) for approximately $220 million on February 24, 2026. A cash consideration of $180 million will be paid by Panoro Energy ASA. Panoro Energy ASA will pay an earnout/contingent payment of $39.5 million dependent on production performance. Upon completion, Panoro Energy ASA will own 54.62% stake in Ceiba Field and Okume Complex production assets offshore Equatorial Guinea of Kosmos Energy Ltd. The transaction will be financed through $49 million private placement and $150 million under the Panoro Energy's existing senior secured bonds with ISIN NO0013415786, and available funds of Panoro Energy.
The transaction has received approval from the Government of Equatorial Guinea, and completion only remains subject to CEMAC customary approval. The expected completion of the transaction is in mid-year 2026. Proceeds from the transaction will be used to reduce borrowings outstanding under the reserves-based lending credit facility. Annuncio • Feb 20
Kosmos Energy Announces Ratification of Ghana License Extensions by Parliament Kosmos Energy announced that the license extensions for the West Cape Three Points and Deepwater Tano Petroleum Agreements, which cover the Jubilee and TEN fields in Ghana, have been formally ratified by the Ghanaian parliament. The licenses now extend to 2040. The license extensions bring key benefits to Ghana including up to $2 billion in incremental investment as well as higher volumes of affordable gas from the fields for domestic power generation. As part of the extensions, the amended Jubilee plan of development will include up to 20 additional wells in the field and, as a result, Kosmos expects to realize an increase in Jubilee 2P reserves. At the Jubilee field, the J74 well that came online in early January is now fully ramped up. Gross daily production from the well is ~13,000 barrels of oil per day (bopd), increasing average gross Jubilee oil production to over 70,000 bopd in February month-to-date, in line with Kosmos expectations. The first well of the five-well 2026 drilling campaign, J75, has been drilled, encountering approximately 40 meters of net pay. J75 is expected to be completed in three zones, similar to the J74 and J72 wells, and is expected online around the end of the first quarter. At the TEN fields, the partnership has signed this week a sale and purchase agreement (SPA) to acquire the floating production, storage and offloading vessel (FPSO) for a gross consideration of $205 million ($40 million net to Kosmos) to be paid upon completion at the end of the first quarter of 2027. Signing of the SPA is expected to result in material operating expense reductions in 2026 onwards. In Mauritania and Senegal, Phase 1 of the Greater Tortue Ahmeyim (GTA) LNG project shipped 3.5 gross LNG cargos in January. The field has averaged production of 2.9 million tonnes per annum (mtpa) equivalent (vs. 2.7 mtpa nameplate capacity) year-to-date, highlighting the continued strong operating performance of the asset. On the financial side of the business, in January, Kosmos successfully completed a $350 million Norwegian bond that was well supported by both existing and new investors. Kosmos used $100 million to repay borrowings under the Reserve Base Lending (RBL) facility with the remainder to be used to repurchase Kosmos' 2027 senior unsecured notes. The company has also started to hedge 2027 production with two million barrels of oil hedged with a floor of $60/barrel. Recent Insider Transactions • Feb 07
Chairman & CEO recently sold Mex$3.6m worth of stock On the 4th of February, Andrew Inglis sold around 148k shares on-market at roughly Mex$23.97 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Andrew's only on-market trade for the last 12 months. Annuncio • Feb 02
Kosmos Energy Ltd. to Report Q4, 2025 Results on Mar 02, 2026 Kosmos Energy Ltd. announced that they will report Q4, 2025 results Pre-Market on Mar 02, 2026 New Risk • Jan 31
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$329m Forecast net loss in 3 years: US$30m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (US$30m net loss in 3 years). Reported Earnings • Nov 04
Third quarter 2025 earnings released: US$0.26 loss per share (vs US$0.095 profit in 3Q 2024) Third quarter 2025 results: US$0.26 loss per share (down from US$0.095 profit in 3Q 2024). Revenue: US$311.2m (down 24% from 3Q 2024). Net loss: US$124.3m (down 376% from profit in 3Q 2024). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Oil and Gas industry in South America. Annuncio • Nov 03
Kosmos Energy Ltd. Provides Production Guidance for the Fourth Quarter 2025 and Full Fiscal Year 2025 Kosmos Energy Ltd. provided production guidance for the fourth quarter 2025 and full fiscal year 2025. For the fourth quarter, the company expects production to be 66,000 boe per day - 72,000 boe per day.
For the year, the company expects production to be 65,000 boe per day. Annuncio • Oct 07
Kosmos Energy Ltd. to Report Q3, 2025 Results on Nov 03, 2025 Kosmos Energy Ltd. announced that they will report Q3, 2025 results Pre-Market on Nov 03, 2025 Annuncio • Aug 23
Kosmos Energy Ltd. Announces Executive Changes, Effective September 30, 2025 On August 19, 2025, Christopher J. Ball informed Kosmos Energy Ltd. that he has decided to retire as Kosmos Energy Ltd.'s Chief Commercial Officer, effective September 30, 2025. Mr. Ball's role and responsibilities will be transitioned to Mr. Neal D. Shah, the Company's Chief Financial Officer, who will assume oversight of the Company's commercial matters. Annuncio • Aug 04
Kosmos Energy Ltd. Provides Production Guidance for the Third Quarter 2025 and Full Fiscal Year 2025 Kosmos Energy Ltd. provided production guidance for the third quarter 2025 and full fiscal year 2025. For the third quarter, the company expects production to be 65,000 boe per day - 71,000 boe per day.
For the year, the company expects production to be 65,000 boe per day - 70,000 boe per day. Annuncio • Jul 08
Kosmos Energy Ltd. to Report Q2, 2025 Results on Aug 04, 2025 Kosmos Energy Ltd. announced that they will report Q2, 2025 results Pre-Market on Aug 04, 2025 Annuncio • May 06
Kosmos Energy Ltd. Provides Production Guidance for the Second Quarter 2025; Provides Production Guidance for Fiscal Year 2025 Kosmos Energy Ltd. provided production guidance for the second quarter 2025; provided production guidance for fiscal year 2025. For the first quarter, the company expects production to be 66,000 boe per day - 72,000 boe per day.
For the year, the company expects production to be 70,000 boe per day - 80,000 boe per day. Annuncio • Apr 28
Kosmos Energy Ltd., Annual General Meeting, Jun 05, 2025 Kosmos Energy Ltd., Annual General Meeting, Jun 05, 2025. Annuncio • Apr 17
Kosmos Energy Announces First LNG Cargo at the Greater Tortue Ahmeyim Project in Mauritania and Senegal Kosmos Energy notes the announcement from bp plc (operator) that the first cargo of liquified natural gas (LNG) has been safely loaded from the Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania & Senegal. The first shipment of LNG was transferred to the "British Sponsor" LNG carrier from Golar LNG's floating liquefied natural gas (FLNG) vessel located approximately 10 kilometers offshore, where the natural gas was liquefied and stored. The first cargo was fully loaded at approximately 174,000 cubic meters of LNG. A second LNG carrier is currently waiting near the hub terminal in preparation for the second cargo lifting. The announcement of the first cargo shipment follows first gas production in late 2024 and first LNG production in February. The first cargo lifting is when Kosmos and its partners start to recognize revenue and is another key milestone for the project. The FLNG vessel has a nameplate capacity of 2.7 million tonnes per annum. Annuncio • Apr 07
Kosmos Energy Ltd. to Report Q1, 2025 Results on May 06, 2025 Kosmos Energy Ltd. announced that they will report Q1, 2025 results Pre-Market on May 06, 2025 Annuncio • Feb 24
Kosmos Energy Ltd. Provides Production Guidance for the First Quarter 2025; Provides Production Guidance for Fiscal Year 2025 Kosmos Energy Ltd. provided production guidance for the first quarter 2025; provided production guidance for fiscal year 2025. For the first quarter, the company expects production to be 62,000 boe per day - 66,000 boe per day.
For the year, the company expects production to be 70,000 boe per day - 80,000 boe per day. Annuncio • Feb 10
Kosmos Energy Announces First LNG At the Greater Tortue Ahmeyim Project in Mauritania and Senegal Kosmos Energy announced that first liquified natural gas (LNG) production has been achieved at the bp-operated Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania & Senegal. On December 31, 2024, gas from the first phase of GTA started to flow from wells to the floating production storage and offloading (FPSO) vessel as part of the commissioning process. At the FPSO, gas is being processed to remove any condensate, water and impurities ahead of delivery to the floating LNG vessel for liquefaction. Gas has now been delivered to the floating LNG vessel and liquefaction has commenced. The liquefaction of gas into LNG is when Kosmos starts to recognize gas entitlement production from the project in its quarterly statements. In addition, bp has given notice to the offtaker (bp gas marketing ltd.) for an LNG carrier to arrive later this quarter to export the first LNG cargo. Lifting of the first LNG cargo is when Kosmos starts to recognized revenue and generate cash flow from the project. Annuncio • Jan 13
Kosmos Energy Ltd. to Report Q4, 2024 Results on Feb 24, 2025 Kosmos Energy Ltd. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Feb 24, 2025 Annuncio • Jan 02
Kosmos Energy Announces First Gas At the Greater Tortue Ahmeyim LNG Project in Mauritania and Senegal Kosmos Energy Ltd. announced from bp plc (operator) that first gas production has been achieved at the Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project offshore Mauritania and Senegal. On December 31, 2024, gas from the first phase of GTA started to flow from wells to the floating production storage and offloading (FPSO) vessel ahead of delivery to the floating LNG vessel for liquefaction. Once fully commissioned, GTA Phase 1 is expected to produce around 2.3 million tonnes of LNG per annum (mtpa) with the floating LNG vessel nameplate capacity of approximately 2.7 mtpa. First gas is a key milestone for the partnership and the governments of Mauritania and Senegal and an important step for the countries to become a strategic LNG production hub in West Africa. First LNG production is expected to follow shortly with the first LNG cargo expected in the first quarter of 2025, which is when the company starts to recognize revenue from the project. Annuncio • Dec 14
Tullow Oil Confirms it is in Preliminary Discussions with Kosmos Energy The Board of Tullow Oil plc (LSE:TLW) noted the recent media speculation and confirms that it is in preliminary discussions with Kosmos Energy Ltd. (NYSE:KOS) regarding a possible all-share offer by Kosmos for the Company. There can be no certainty that any offer will be made, nor as to the terms on which any such offer might be made. A further announcement will be made as and when appropriate. In accordance with Rule 2.6(a) of the Code, Kosmos is required, by not later than 5.00 p.m. (London time) on 9 January 2025, being 28 days after today's date, to either announce a firm intention to make an offer for Tullow in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer for Tullow, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Panel on Takeovers and Mergers (the "Panel") in accordance with Rule 2.6(c) of the Code. For the purpose of Rule 2.5(a) of the Code, this announcement is being made by Tullow without the consent of Kosmos. Annuncio • Oct 03
Kosmos Energy Ltd. to Report Q3, 2024 Results on Nov 04, 2024 Kosmos Energy Ltd. announced that they will report Q3, 2024 results Pre-Market on Nov 04, 2024 Annuncio • Aug 05
Kosmos Energy Ltd. Provides Production Guidance for the Third Quarter 2024 and Year 2024 Kosmos Energy Ltd. provided production guidance for the third quarter 2024 and year 2024. For the third quarter, the company expects production to be 65,000 boe per day - 69,000 boe per day.
For the year, the company expects production to be 67,000 boe per day - 71,000 boe per day. Annuncio • Jul 09
Kosmos Energy Ltd. to Report Q2, 2024 Results on Aug 05, 2024 Kosmos Energy Ltd. announced that they will report Q2, 2024 results Pre-Market on Aug 05, 2024 Annuncio • Jul 03
Kosmos Energy Announces First Oil Production At Winterfell in the U.S. Gulf of Mexico Kosmos Energy Ltd. announced the successful start-up of oil production at the Winterfell development in the Green Canyon area of the U.S.Gulf of Mexico. Winterfell (Kosmos 25.04% working interest) is a phased development with the initial two production wells of the first phase now online and ramping up production. A third well is currently being drilled and is expected to be online by the end of the third quarter of 2024. The three initial wells are expected to deliver gross production of approximately 20,000 barrels of oil equivalent per day (boepd). Winterfell is a Miocene-aged field discovered in 2021 in water depth of approximately 5,400 feet (~1,600 meters). The field has been developed via a 13-mile subsea tieback to the host platform. Following the successful drilling and completion of the first two wells and subsea hookup in April 2024, delays in subsequent work resulted in first oil slightly later than initially anticipated. The first phase of the development, with five wells in total, is expected to deliver around 100 million barrels of oil equivalent with upside from subsequent phases. The Winterfell unit consists of Green Canyon blocks 899, 900, 943, 944, 987 and 988 with follow-on opportunities in adjacent blocks where Kosmos also has an interest. The other partners in the Winterfell unit are Beacon Offshore Energy (operator), Westlawn Americas Offshore, Red Willow, Alta Mar Energy, and CSL Exploration. Annuncio • May 08
Kosmos Energy Ltd. Provides Production Guidance for the Second Quarter and Full Year of 2024 Kosmos Energy Ltd. provided production guidance for the second quarter and full year of 2024. For the quarter, the company expects production to be in the range of 62,000 boe per day to 66,000 boe per day.For the year, the company expects production to be in the range of 71,000 boe per day to 77,000 boe per day. Annuncio • Apr 28
Kosmos Energy Ltd., Annual General Meeting, Jun 06, 2024 Kosmos Energy Ltd., Annual General Meeting, Jun 06, 2024, at 08:00 Eastern Daylight. Agenda: To elect three Class II directors to a three-year term to serve until the 2027 annual stockholders meeting; to ratify the appointment of Ernst &Young LLP as an independent registered public accounting firm for the fiscal year ending December 31, 2024 and to authorize the Company’s Audit Committee of the Board of Directors to determine their remuneration; to provide a non-binding, advisory vote to approve named executive officer compensation; and to consider other matters. Annuncio • Apr 11
Kosmos Energy Ltd. to Report Q1, 2024 Results on May 07, 2024 Kosmos Energy Ltd. announced that they will report Q1, 2024 results Pre-Market on May 07, 2024 Annuncio • Feb 29
Kosmos Energy Ltd. Reports Impairment for the Fourth Quarter Ended December 31, 2023 Kosmos Energy Ltd. reported impairment for the fourth quarter ended December 31, 2023. For the quarter, the company reported impairment of long-lived assets of $222,278,000. Annuncio • Jan 18
Kosmos Energy Ltd. to Report Q4, 2023 Results on Feb 26, 2024 Kosmos Energy Ltd. announced that they will report Q4, 2023 results Pre-Market on Feb 26, 2024 Annuncio • Nov 08
Kosmos Energy Ltd. Provides Production Guidance for the Fourth Quarter and Full Year of 2023 Kosmos Energy Ltd. provided production guidance for the fourth quarter and full year of 2023. For the quarter, the company expects production guidance 66,000 boe per day - 69,000 boe per day.For the year, the company expects production guidance of ~63,000 boe per day. Annuncio • Oct 11
Kosmos Energy Announces Oil Discovery in the U.S. Gulf of Mexico at the Tiberius Exploration Well Kosmos Energy announced an oil discovery in the U.S. Gulf of Mexico at the Tiberius exploration well. Kosmos is operator of the well and has a 33.34% working interest alongside Occidental and Equinor ASA (both 33.33%). The Tiberius exploration well tested a four-way structural trap in the outboard Wilcox trend, located in Keathley Canyon Block 964. The well encountered approximately 250 feet (75 meters) of net oil pay in the primary Wilcox target. Wireline logging has been completed and casing is currently being run to the target depth to enable the well to be used as a future oil producer. The Tiberius well is located in approximately 7,500 feet (2,300 meters) of water and was drilled to a total vertical depth of approximately 25,800 feet (7,800 meters). Kosmos will now undertake rock and fluid analysis to confirm the production potential of the reservoir and will work with partners on subsea development options. The discovery is located approximately 6 miles southeast of the Occidental-operated Lucius SPAR production facility, enabling a short tie-back in the event of a development. Annuncio • Oct 07
Kosmos Energy Ltd. to Report Q3, 2023 Results on Nov 06, 2023 Kosmos Energy Ltd. announced that they will report Q3, 2023 results Pre-Market on Nov 06, 2023 Annuncio • Jul 21
Kosmos Energy Ltd. Announces Retirement of Richard R. Clark, Senior Vice President and Head of Gulf of Mexico Business Unit On July 12, 2023, Richard R. Clark, the current Senior Vice President and Head of Gulf of Mexico Business Unit for Kosmos Energy Ltd. (the "Company"), informed the Company of his decision to retire at the end of January 2024. Mr. Clark will continue to serve in his current role and assist with the orderly transition of his duties to his appointed successor until his retirement date. Annuncio • Jul 14
Kosmos Energy Ltd. Announces Start Up of the Jubilee South East Project Kosmos Energy Ltd. alongside its joint venture partners Tullow Oil plc (operator), Ghana National Petroleum Corporation and Petro SA announces the successful start-up of the Jubilee South East (JSE) project, offshore Ghana. The first JSE production well has been brought onstream with a second JSE production well expected onstream this month. These two wells are expected to take Jubilee production to over 100,000 bopd gross. An additional production well and water injection well are expected online later this year, which should further enhance production. The partnership plans to maintain this increased level of production at Jubilee over the next few years through an ongoing infill drilling program. The partnership has identified multiple future drilling locations and is focused on high-grading these opportunities to further extend the plateau and realize the full potential of the significant Jubilee resource base. As the operator notes in its press release, the partnership has invested c. $1 billion over the last three years on the JSE project to drill wells and install the infrastructure needed to bring previously undeveloped reserves to production. The project has advanced the use of local suppliers and the majority of the complex offshore infrastructure has been fabricated by local companies in Ghana with more than 90% local workforce. This demonstrates the evolution of the Ghanaian supplier base that can now support substantial elements of its oil and gas industry and is testament to the partnership’s commitment to developing local capacity. Annuncio • Jul 06
Kosmos Energy Ltd. to Report Q2, 2023 Results on Aug 07, 2023 Kosmos Energy Ltd. announced that they will report Q2, 2023 results Pre-Market on Aug 07, 2023