Kosmos Energy Ltd. announced today its financial and operating results for the third quarter of 2025. For the quarter, the Company generated a net loss of $124 million, or $0.26 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss of $72 million, or $0.15 per diluted share for the third quarter of 2025. THIRD QUARTER 2025 HIGHLIGHTS Net [...]
Kosmos Energy announced today the following schedule for its third quarter 2025 results: Earnings Release: Monday, November 3, 2025, pre-UK market open via Business Wire, Regulatory News Service, and the Company's website at www.kosmosenergy.com. Conference Call: Monday, November 3, 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 [...]
Kosmos Energy today provides a financial update following several positive developments across the company's financing activities. Reserve-Based Lending Facility Kosmos has successfully completed the semi-annual re-determination of its reserve-based lending facility with a borrowing base remaining in excess of the RBL's $1.35 billion facility size, reflecting the quality and resilience of the assets that underpin the [...]
Kosmos Energy announced today that its wholly-owned subsidiary, Kosmos Energy Gulf of Mexico Operations, LLC , has entered into a senior secured term loan facility with Shell Trading Company , with funding anticipated on October 1, 2025. The Term Facility provides up to $250 million to be used for the repayment of the Company's outstanding unsecured notes. The Term Facility is structured in two tranches, with the first [...]
Kosmos Energy Ltd. announced today its financial and operating results for the second quarter of 2025. For the quarter, the Company generated a net loss of $88 million, or $0.18 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss of $93 million, or $0.19 per diluted share for the second quarter of 2025. SECOND QUARTER 2025 HIGHLIGHTS Net [...]
Kosmos Energy announced today the following schedule for its second quarter 2025 results: Earnings Release: Monday, August 4, 2025, pre-UK market open via Business Wire, Regulatory News Service, and the Company's website at www.kosmosenergy.com. Conference Call: Monday, August 4, 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 [...]
Kosmos Energy notes the announcement by Golar LNG Limited that the FLNG Gimi has reached Commercial Operations Date for the 20-year Lease and Operate Agreement with BP for the Greater Tortue Ahmeyim project offshore Mauritania and Senegal. The announcement of COD marks a significant milestone for the project partners, as LNG production volumes have successfully been ramped up to a level equivalent to the annual contracted [...]
The Government of Ghana, Tullow Oil, Kosmos Energy, PetroSA, Ghana National Petroleum Company and Explorco are pleased to announce that they have entered into a Memorandum of Understanding to extend the West Cape Three Points and Deep Water Tano licenses to 2040, which cover the Jubilee and TEN fields in Ghana. The MOU includes approval to drill up to 20 additional wells in the Jubilee field, representing investment of up [...]
Kosmos Energy Ltd. 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 of $105 million, or $0.22 per diluted share for the first quarter of 2025. FIRST QUARTER 2025 HIGHLIGHTS Net [...]
Kosmos Energy notes the announcement today from BP plc that the first cargo of liquified natural gas has been safely loaded from the Greater Tortue Ahmeyim 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 vessel located approximately 10 kilometers offshore, where the natural gas was liquefied and [...]
Kosmos Energy 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 [...]
Kosmos Energy Ltd. 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 of $16 million, or $0.03 per diluted share for the fourth quarter of 2024. FOURTH QUARTER 2024 HIGHLIGHTS Zero [...]