NYSE:KOSOil and Gas
Kosmos Energy Reshapes Portfolio With Asset Sale And Capital Raises
Kosmos Energy (NYSE:KOS) reports record production in Q1 2026, linked to the GTA and Jubilee field expansions.
The company announces a US$350 million bond issue and a US$200 million equity raise, with proceeds aimed at reducing debt.
Kosmos agrees to sell its Equatorial Guinea assets for up to US$220 million, while also taking final investment decision on the Tiberius project.
These operational and financing actions come alongside ongoing losses and amount to a broad portfolio and balance...