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Kosmos Energy Ltd (KOS.N)

KOS.N on New York Stock Exchange

5.89USD
24 Mar 2017
Change (% chg)

$0.23 (+4.06%)
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Latest Key Developments (Source: Significant Developments)

Kosmos Energy announces pricing of secondary public offering of common shares
Thursday, 12 Jan 2017 08:46am EST 

Kosmos Energy Ltd : Kosmos Energy announces pricing of secondary public offering of common shares . Kosmos Energy Ltd says price to public was $6.65 per share .Says pricing of secondary offering of 30.0 million common shares.  Full Article

Kosmos Energy Q3 earnings per share view $-0.08
Monday, 7 Nov 2016 06:45am EST 

Kosmos Energy Ltd : Kosmos Energy Ltd says Q3 2016 oil revenues were $47 million versus $97 million in same quarter of 2015 . Kosmos Energy Ltd says full-year 2016 CAPEX forecast remains at approximately $650 million . Kosmos Energy announces third quarter results . Q3 loss per share $0.15 . Q3 earnings per share view $-0.08 -- Thomson Reuters I/B/E/S . Q3 adjusted loss per share $0.09 . Q3 revenue $47 million .Q3 revenue view $98.3 million -- Thomson Reuters I/B/E/S.  Full Article

Kosmos Energy Q2 adjusted loss per share $0.11
Monday, 8 Aug 2016 06:50am EDT 

Kosmos Energy Ltd : Kosmos Energy announces second quarter results . Q2 loss per share $0.28 . Q2 adjusted loss per share $0.11 . Q2 revenue $46 million . Q2 earnings per share view $-0.13 -- Thomson Reuters I/B/E/S . Q2 revenue view $65.7 million -- Thomson Reuters I/B/E/S . Forecast for full-year 2016 capital expenditures remains approximately $650 million . Gradual ramp up in oil production towards FPSO capacity of 80,000 bopd is anticipated around end of 2016 .Capital expenditures are expected to ramp down in second half of year as company paused drilling program in late May.  Full Article

Kosmos Energy amends multi-currency revolving letter of credit facility agreement - SEC filing
Friday, 1 Jul 2016 02:40pm EDT 

Kosmos Energy Ltd: Amended and restated existing multi-currency revolving letter of credit facility agreement - SEC filing . Amended facility agreement will become effective as of July 3, 2016 . Amendments to decrease total maximum size of facility agreement from $150 million to $125 million with $75 million of initial available commitments .Amendments to increase interest rate from 0.5 pct to 0.8 pct per annum on amounts under letters of credit issued under amended facility agreement.  Full Article

Kosmos Energy reports Q1 adj loss of $0.04 per share
Monday, 9 May 2016 06:50am EDT 

Kosmos Energy Ltd : Forecast for full-year 2016 capital expenditures remains approximately $650 million. . Kosmos exited q1 of 2016 with $1.5 billion of liquidity and $826 million of net debt . Although production and gas exports have resumed, q2 production is forecast below expectations . During q1, gross sales volumes from jubilee field averaged approximately 80,000 barrels of oil per day . Says expect to see a reduction of ten spending post planned first production in q3 . Capital expenditures are expected to ramp down in h2 due to plan to pause drilling program in q2 . Capex are expected to ramp down in h2 also due to expectation to see reduction of ten spending post planned first production in q3 . Kosmos energy announces first quarter results . Q1 loss per share $0.15 . Q1 earnings per share view $-0.09 -- Thomson Reuters I/B/E/S . Q1 adjusted loss per share $0.04 . Q1 revenue $62 million .Q1 revenue view $109.8 million -- Thomson Reuters I/B/E/S.  Full Article

Galp Energia SGPS SA takes operator stake in Sao Tome block, together with Kosmos Energy
Tuesday, 27 Oct 2015 03:24am EDT 

Galp Energia SGPS SA:Says it has reached agreement to take a 45 percent stake in Block 6 offshore Sao Tome and Principe.Galp will be the operator of the block, will access a frontier area in a new geography.Kosmos Energy holds another 45 percent stake. The National Petroleum Agency of Sao Tome and Principe has 10 percent.Block 6 is located in water depths of up to 2,500 metres and covers an area of 5,024 square kilometres.Galp and its partners have committed to perform several exploration activities, including seismic acquisition, during the first exploration period of four years.  Full Article

Kosmos Energy Ltd announces pricing of add-on offering to existing senior secured notes due 2021
Tuesday, 7 Apr 2015 05:00pm EDT 

Kosmos Energy Ltd:Announced the pricing of its previously announced private offering to eligible purchasers of an additional $225 million aggregate principal amount of 7.875pct senior secured notes due 2021.Notes will have identical terms as the existing notes, other than the date of issue, the initial price, the first interest payment date and the first date from which interest will accrue.Net proceeds from the offering, after deducting discounts, commissions and other expenses, are expected to be approximately $203 million.Says offering is expected to close on April 10.Intends to use the net proceeds from this offering to repay a portion of the outstanding indebtedness under its commercial debt facility and for general corporate purposes.  Full Article

Kosmos Energy Ltd announces add-on offering to its existing senior secured notes due 2021
Tuesday, 7 Apr 2015 07:32am EDT 

Kosmos Energy Ltd:Intends to offer an additional $225 mln aggregate principal amount of senior secured notes due 2021 in private offering to eligible purchasers as non-fungible add-on to existing $300 mln aggregate principal amount of such notes currently outstanding.Intends to use net proceeds from this offering to repay portion of the outstanding indebtedness under its commercial debt facility and for general corporate purposes.  Full Article

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BRIEF-Kosmos Energy has begun second phase of its multi-well exploration drilling program

* Has begun second phase of its multi-well exploration drilling program offshore Mauritania And Senegal Source text for Eikon: Further company coverage: