Kosmos Energy Ltd is an international oil and gas exploration and production company focused on discovering and developing offshore resources primarily in emerging markets
The company leverages advanced technology and a strategic approach to identify and extract hydrocarbon reserves, with a notable emphasis on sustainability and responsible resource management. Kosmos operates in several regions, including West Africa and the Gulf of Mexico, and is committed to creating long-term value for shareholders while contributing to the economic development of the areas in which it operates.
Kosmos reported a 28% year-over-year decline in its fourth-quarter revenue to $397.656 million, topping a Street estimate of $393.40 million. The company posted an adjusted earnings loss of $0.03, wider than an estimated loss of $0.02.
The major indices struggled to maintain early momentum on Monday, but appear to climbing back with the S&P 500 and Dow Jones both green in midday trading.
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.
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.
KOS shares up premarket as gas production begins at Greater Tortue Ahmeyim LNG project in Mauritania and Senegal, with expected first cargo in Q1 2025.
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.
Further to the announcements made by Tullow Oil plc (“Tullow”) and Kosmos Energy Ltd. (“Kosmos”) in relation to very preliminary discussions about Kosmos’ possible offer for Tullow, Kosmos now confirms that it does not intend to make a firm offer for Tullow at this time and is consequently bound by the restrictions under Rule 2.8 of the Code, save in the circumstances set out below.
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.
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.
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 Notes Cap”) of the Offeror’s outstanding 7.750% Senior Notes due 2027 (the “2027 Notes”) and its 7.500% Senior Notes due 2028 (the “2028 Notes” and, together with the 2026 Notes and the 2027 Notes, the “Notes”), subject, in the case of the 2027 Notes, to an additional sub-cap of $50,000,000 aggregate principal amount (the “2027 Notes Sub-Cap”). The Tender Offers are being made pursuant to the terms and conditions set forth in the Offer to Purchase, dated September 9, 2024 (the “Offer to Purchase”), which is available on the transaction website: https://projects.sodali.com/kosmos, subject to eligibility confirmation and registration. The Company refers investors to the Offer to Purchase for the complete terms and conditions of the Tender Offers.
Kosmos Energy Ltd. (“Kosmos”) (NYSE/LSE: KOS) announced today the pricing of $500 million aggregate principal amount of its 8.750% senior notes due 2031. The offering is expected to close on September 24, 2024, subject to customary closing conditions. 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 and to pay any related premiums, fees and expenses.
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, fees and expenses.
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 due 2027 (the “2027 Notes”) and its 7.500% Senior Notes due 2028 (the “2028 Notes” and, together with the 2026 Notes and 2027 Notes, the “Notes”), subject, in the case of the 2027 Notes, to the 2027 Notes Sub-Cap as further detailed below. The Offeror reserves the right to modify the 2026 Notes Cap, the 2027/2028 Notes Cap and/or the 2027 Notes Sub-Cap in its sole discretion.
