Kosmos Energy Ltd. (KOS) Q1 2025 Earnings Call Transcript |
Kosmos Energy Ltd. (NYSE:KOS ) Q1 2025 Earnings Conference Call May 6, 2025 11:00 AM ET Company Participants Jamie Buckland - Vice President, Investor Relations Andy Inglis - Chairman and Chief Executive Officer Neal Shah - Chief Financial Officer Conference Call Participants David Round - Stifel Lydia Gould - Goldman Sachs Bob Brackett - Bernstein Research Matthew Smith - Bank of America Stella Cridge - Barclays Nikhil Bhat - JPMorgan Mark Wilson - Jefferies Operator Good day, everyone. |
seekingalpha.com |
2025-05-06 20:55:52 |
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Kosmos Energy Announces First Quarter 2025 Results |
DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the first quarter of 2025. For the quarter, the Company generated a net loss of $111 million, or $0.23 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss(1) of $105 million, or $0.22 per diluted share for the first quarter of 2025. FIRST QUARTER 2025 HIGHLIGHTS Net Prod. |
businesswire.com |
2025-05-06 06:00:00 |
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Kosmos Energy trades higher as it loads first LNG shipment at GTA |
Kosmos Energy Ltd (LSE:KOS, NYSE:KOS) shares traded higher in London, rising 3.6% to 130p, as it confirmed the first cargo of liquefied natural gas has been safely loaded at the Greater Tortue Ahmeyim (GTA) project, offshore Mauritania and Senegal. LNG was transferred from Golar LNG's floating vessel, 10km offshore, to the "British Sponsor" LNG carrier, and now, a second LNG vessel is in position for the next loading. |
proactiveinvestors.co.uk |
2025-04-17 08:48:49 |
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Kosmos Energy Announces First LNG Cargo at the Greater Tortue Ahmeyim Project in Mauritania and Senegal |
DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE/LSE: KOS) notes the announcement today 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 stor. |
businesswire.com |
2025-04-17 06:31:00 |
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Kosmos Energy to Host First Quarter 2025 Results and Webcast on May 6, 2025 |
DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE/LSE: KOS) announced today the following schedule for its first quarter 2025 results: Earnings Release: Tuesday, May 6, 2025, pre-UK market open via Business Wire, Regulatory News Service, and the Company's website at www.kosmosenergy.com. Conference Call: Tuesday, May 6, 2025, at 11:00 a.m. ET. The call will be available via telephone and webcast. Dial-in telephone numbers: Toll Free: 1-877-407-0784 Toll/International: 1-201-689-8560 UK Toll Free: 08. |
businesswire.com |
2025-04-07 06:00:00 |
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Strong Production Potential, Cash Flow Generation Should Give Kosmos Energy A Bright Future |
Kosmos Energy (KOS) offers a compelling value play with a low P/E ratio of 5.90, despite substantial debt and some liquidity concerns. Key assets like the Jubilee Oil Field and the developing GTA field present significant long-term growth opportunities. Kosmos plans to reduce CapEx in 2025, improving cash flow and enabling debt reduction, potentially leading to dividends by late 2026. |
seekingalpha.com |
2025-03-06 09:32:55 |
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Kosmos Energy target cut after 'faltering progress' in past year |
Kosmos Energy Ltd's (LSE:KOS, NYSE:KOS) performance last year was below expectations, but "there are signs of progress and some growth should be anticipated" for 2025, broker Panmure Liberum said. Analyst Ashley Kelty, affirming his 'buy' rating but cutting his target price to 535p from 625p, summed up the year as one of "faltering progress". |
proactiveinvestors.co.uk |
2025-02-25 11:01:59 |
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Kosmos Energy Ltd. (KOS) Q4 2024 Earnings Call Transcript |
Kosmos Energy Ltd. (NYSE:KOS ) Q4 2024 Earnings Conference Call February 24, 2025 11:00 AM ET Company Participants Jamie Buckland - VP, IR Andy Inglis - Chairman and CEO Neal Shah - CFO Conference Call Participants Neil Mehta - Goldman Sachs Charles Meade - Johnson Rice Matthew Smith - Bank of America David Round - Stifel Nicolaus Mark Wilson - Jefferies Operator Good day everyone and welcome to Kosmos Energy's Fourth Quarter and Full Year 2024 Conference Call. |
seekingalpha.com |
2025-02-24 17:13:50 |
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Kosmos Energy Announces Fourth Quarter and Full Year 2024 Results |
DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the fourth quarter of 2024. For the quarter, the Company generated a net loss of $7 million, or $0.01 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss(1) of $16 million, or $0.03 per diluted share for the fourth quarter of 2024. FOURTH QUARTER 2024 HIGHLIGHTS Zero los. |
businesswire.com |
2025-02-24 04:00:00 |
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Kosmos Energy Announces First LNG at the Greater Tortue Ahmeyim Project in Mauritania and Senegal |
DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE/LSE: KOS) today announces 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 impuritie. |
businesswire.com |
2025-02-10 04:00:00 |
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A Good Time to Focus on 3 International Upstream Stocks |
Following a careful analysis of the Zacks Oil and Gas - International E&P industry, we advise focusing on companies like KOS, TUWOY and CRNCY. |
zacks.com |
2025-01-13 12:11:10 |
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Kosmos Energy to Host Fourth Quarter 2024 Results and Webcast on February 24, 2025 |
DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE/LSE: KOS) announced today the following schedule for its fourth quarter 2024 results: Earnings Release: Monday, February 24, 2025, pre-UK market open via Business Wire, Regulatory News Service, and the Company's website at www.kosmosenergy.com. Conference Call: Monday, February 24, 2025, at 11:00 a.m. ET. The call will be available via telephone and webcast. Dial-in telephone numbers: Toll Free: 1-877-407-0784 Toll/International: 1-201-689-8560 UK To. |
businesswire.com |
2025-01-13 04:00:00 |
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Kosmos Energy Announces First Gas at the Greater Tortue Ahmeyim LNG Project in Mauritania and Senegal |
DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE/LSE: KOS) notes the announcement today 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. |
businesswire.com |
2025-01-02 04:02:00 |
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Kosmos Energy Steps Back From Tullow Oil Acquisition Plans |
KOS and TUWOY collaborate in many key fields in Ghana. Both companies have a substantial debt burden, and the potential merger might have helped TUWOY improve its financials. |
zacks.com |
2024-12-24 12:11:13 |
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Kosmos Energy: Not The Time To Buy Tullow, Catalyst Around The Corner |
Kosmos Energy is poised for a major transformation with new projects increasing production and reducing CapEx, leading to substantial free cash flow and debt reduction. The company's production is set to rise to 90,000 boepd with Winterfell and GTA projects, significantly boosting revenue and lowering CapEx. Debt reduction to 1.5x leverage by Q1 2026 will pave the way for shareholder returns, with a conservative price target of $6 per share. |
seekingalpha.com |
2024-12-19 00:19:46 |
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Kosmos Energy walks away from Tullow Oil acquisition |
U.S. oil and gas firm Kosmos Energy walked away from its plan to buy West Africa-focused Tullow Oil on Tuesday, without specifying any reason for the decision, less than a week after the firms said they were in early talks for a possible deal. |
reuters.com |
2024-12-17 07:42:57 |
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Kosmos Energy Considers All-Share Acquisition of Tullow Oil |
KOS is in the preliminary stages of discussing an acquisition of TUWOY, which may result in the creation of a leading Atlantic Margin exploration and production company. |
zacks.com |
2024-12-13 12:15:26 |
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Tullow Oil in discussions with US oil firm Kosmos for possible takeover offer |
US-based upstream oil company Kosmos Energy Ltd (LSE:KOS, NYSE:KOS) is in early discussions with Tullow Oil PLC (LSE:TLW) regarding a potential all-share offer for the London-listed exploration and production group. According to a regulatory statement, no decision has been made regarding a firm intention to proceed or the terms of any possible deal. |
proactiveinvestors.co.uk |
2024-12-13 05:15:53 |
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Statement Regarding a Possible All-Share Offer for Tullow Oil plc by Kosmos Energy Ltd. |
DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE: KOS) notes today's announcement by Tullow Oil plc (“Tullow”) (LSE: TLW) regarding a potential transaction involving Tullow and Kosmos and confirms that it is in very preliminary discussions with Tullow regarding a possible all-share offer by Kosmos for Tullow. There can be no certainty that any offer will be made, nor as to the terms on which any offer might be made. Pursuant to Rule 2.5 of the Code, Kosmos reserves. |
businesswire.com |
2024-12-12 17:04:00 |
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Tullow oil in talks with Kosmos Energy over potential offer |
West Africa-focused Tullow Oil said on Thursday it was in preliminary talks with U.S.-listed Kosmos Energy over a possible all-share offer. |
reuters.com |
2024-12-12 14:59:17 |
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Are Investors Undervaluing Kosmos Energy (KOS) Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-11-12 12:45:30 |
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Kosmos Energy: Scratched And Dented, But Still A Strong Buy |
Kosmos Energy (KOS) has faced challenges but is poised for growth with the upcoming start of the Tortue LNG project, lower capex, and increased cash flow. Operational issues at Winterfell and Jubilee, and the FID delay for Tiberius, have been offset by positive developments in other projects and debt rescheduling. The balance sheet is stronger with new senior notes, and reduced capex will allow for debt reduction and potential shareholder returns by 2026. |
seekingalpha.com |
2024-11-08 10:30:00 |
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Kosmos Energy Ltd. (KOS) Q3 2024 Earnings Call Transcript |
Kosmos Energy Ltd. (NYSE:KOS ) Q3 2024 Earnings Conference Call November 4, 2024 11:00 AM ET Company Participants Jamie Buckland - VP, IR Andy Inglis - Chairman and CEO Neal Shah - CFO Conference Call Participants Charles Meade - Johnson Rice Bob Brackett - Bernstein Research Matthew Smith - Bank of America Mark Wilson - Jefferies Neil Mehta - Goldman Sachs Stella Cridge - Barclays Operator Good day, everyone. |
seekingalpha.com |
2024-11-04 17:48:54 |
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Kosmos Energy Announces Third Quarter 2024 Results |
DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the third quarter of 2024. For the quarter, the Company generated a net income of $45 million, or $0.09 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net income(1) of $38 million, or $0.08 per diluted share for the third quarter of 2024. THIRD QUARTER 2024 HIGHLIGHTS Net Pr. |
businesswire.com |
2024-11-04 04:00:00 |
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3 International Upstream Stocks Set to Tackle Rocky Road Ahead |
Following a careful analysis of the Zacks Oil and Gas - International E&P industry, we advise buying companies like KOS, EGY and CRNCY. |
zacks.com |
2024-10-18 13:41:14 |
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Kosmos Energy Loses Arbitration Against BP Over the GTA LNG Project |
A ruling by a Paris-based arbitrator prevents KOS from selling the LNG produced from the GTA LNG project to third parties. BP is the operator of the GTA project. |
zacks.com |
2024-10-11 14:56:41 |
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Arbitration rules in favour of BP as sole buyer of Kosmos Energy's Senegal LNG project |
Kosmos Energy said on Tuesday a Paris-based arbitrator has ruled in favour of BP , prohibiting Kosmos from selling to third parties liquefied natural gas from the Greater Tortue (GTA) project offshore Senegal and Mauritania. |
reuters.com |
2024-10-08 16:51:07 |
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Kosmos Energy to Host Third Quarter 2024 Results and Webcast on November 04, 2024 |
DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE/LSE: KOS) announced today the following schedule for its third quarter 2024 results: Earnings Release: Monday, November 4, 2024, pre-UK market open via Business Wire, Regulatory News Service, and the Company's website at www.kosmosenergy.com. Conference Call: Monday, November 4, 2024, at 11:00 a.m. ET. The call will be available via telephone and webcast. Dial-in telephone numbers: Toll Free: 1-877-407-0784 Toll/International: 1-201-689-8560 UK Toll. |
businesswire.com |
2024-10-03 06:00:00 |
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Kosmos Energy Ltd. Announces Early Results of Cash Tender Offers for up to $400 Million Principal Amount of 7.125% Senior Notes Due 2026 and up to $100 Million Aggregate Principal Amount of 7.750% Senior Notes Due 2027 & 7.500% Senior Notes Due 2028 |
DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (the “Offeror”, “Kosmos”, or the “Company”) (NYSE/LSE:KOS) announced the early tender results of its previously announced series of tender offers (each a “Tender Offer” and, collectively, the “Tender Offers”) to purchase for cash up to (i) $400,000,000 aggregate principal amount (the “2026 Notes Cap”) of the Offeror's outstanding 7.125% Senior Notes due 2026 (the “2026 Notes”) and (ii) up to $100,000,000 aggregate principal amount (the “2027/2028 Note. |
businesswire.com |
2024-09-23 10:45:00 |
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Kosmos Energy Announces Launch of Senior Notes Offering |
DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today that, subject to market conditions, it intends to offer $500 million aggregate principal amount of senior notes due 2031. Kosmos intends to use the net proceeds from the offering, together with cash on hand, to fund the tender offers for a portion of its 7.125% Senior Notes due 2026, 7.750% Senior Notes due 2027 and 7.500% Senior Notes due 2028 announced today and to pay any related premiums,. |
businesswire.com |
2024-09-09 06:22:00 |
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Kosmos Energy Ltd. Announces Cash Tender Offers for up to $400 Million Principal Amount of 7.125% Senior Notes Due 2026 and up to $100 Million Aggregate Principal Amount of 7.750% Senior Notes Due 2027 and 7.500% Senior Notes Due 2028 |
DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (the "Offeror", “Kosmos”, or the “Company”) (NYSE/LSE:KOS) announces the launch of its offers to purchase for cash (each a “Tender Offer” and, collectively, the “Tender Offers”) up to (i) $400,000,000 aggregate principal amount (“2026 Notes Cap”) of the Offeror's outstanding 7.125% Senior Notes due 2026 (the “2026 Notes”) and (ii) up to $100,000,000 aggregate principal amount (the “2027/2028 Notes Cap”) of the Offeror's outstanding 7.750% Senior Notes. |
businesswire.com |
2024-09-09 06:21:00 |
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Kosmos Energy: A Double Beat Puts Them In The Strong Buy Column |
Kosmos Energy Ltd. reported strong Q2 results despite challenging market conditions. Analysts rate Kosmos with targets between $5.00 and $10.00, making it a strong buy at current levels. The company's upcoming catalysts, including Tortue Ahmeyim's first LNG cargo shipment, make it an attractive investment opportunity. |
seekingalpha.com |
2024-08-07 12:00:00 |
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