Kosmos Energy Ltd. announced today its financial and operating results for the second quarter of 2024. For the quarter, the Company generated a net income of $60 million, or $0.12 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net income of $80 million, or $0.17 per diluted share for the second quarter of 2024. SECOND QUARTER 2024 HIGHLIGHTS [...]
Kosmos Energy announced today the following schedule for its second quarter 2024 results: Earnings Release: Monday, August 5, 2024, pre-UK market open via Business Wire, Regulatory News Service, and the Company's website at www.kosmosenergy.com. Conference Call: Monday, August 5, 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 [...]
Kosmos Energy Ltd. announced today the successful start-up of oil production at the Winterfell development in the Green Canyon area of the U.S. Gulf of Mexico. Winterfell is a phased development with the initial two production wells of the first phase now online and ramping up production. A third well is currently being drilled and is expected to be online by the end of the third quarter of 2024. The three initial wells [...]
Kosmos Energy Ltd. announced today its financial and operating results for the first quarter of 2024. For the quarter, the Company generated a net income of $92 million, or $0.19 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net income of $99 million, or $0.21 per diluted share for the first quarter of 2024. FIRST QUARTER 2024 HIGHLIGHTS Net [...]
Kosmos Energy announced today that it has successfully re-financed its reserve-based lending facility extending the maturity by approximately three years, with the RBL facility's final maturity now in December 2029. In conjunction with the spring re-determination, the total RBL facility size has been increased to $1.35 billion with current commitments of approximately $1.2 billion. Discussions with additional potential [...]
Kosmos Energy announced today the following schedule for its first quarter 2024 results: Earnings Release: Tuesday, May 07, 2024, pre-UK market open via Business Wire, Regulatory News Service, and the Company's website at www.kosmosenergy.com. Conference Call: Tuesday, May 07, 2024, at 11:00 a.m. EDT. The call will be available via telephone and webcast. Dial-in telephone numbers: Toll Free: 1-877-407-0784 [...]
Kosmos Energy Ltd. , announced today that it has priced a private offering of $350 million aggregate principal amount of its 3.125% convertible senior notes due 2030 , which represents a $50 million increase in principal amount from the previously announced offering size. The Company also granted the initial purchasers an option to purchase up to an additional $50 million aggregate principal amount of notes, for [...]
Kosmos Energy Ltd. announced today that it intends to offer, subject to market and other conditions, $300 million aggregate principal amount of its convertible senior notes due 2030 in a private placement. The Company also expects to grant the initial purchasers an option to purchase up to an additional $45 million aggregate principal amount of notes, for settlement within a 13-day period beginning on, and including, the [...]
Kosmos Energy Ltd. announced today its financial and operating results for the fourth quarter of 2023. For the quarter, the Company generated a net income of $22 million, or $0.04 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net income of $149 million, or $0.31 per diluted share for the fourth quarter of 2023. 2023 HIGHLIGHTS 4Q Net [...]
Kosmos Energy announced today the following schedule for its fourth quarter 2023 results: Earnings Release: Monday, February 26, 2024, pre-UK market open via Business Wire, Regulatory News Service, and the Company's website at www.kosmosenergy.com. Conference Call: Monday, February 26, 2024, at 11:00 a.m. EST. 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 third quarter of 2023. For the quarter, the Company generated a net income of $85 million, or $0.18 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net income of $126 million, or $0.26 per diluted share for the third quarter of 2023. THIRD QUARTER 2023 HIGHLIGHTS Net [...]
Kosmos Energy Ltd. announced today that it has increased its working interest to 90% and assumed operatorship, subject to customary government approvals, of the world-scale Yakaar-Teranga gas discoveries offshore Senegal. The increase in working interest follows BP's exit from the field. Yakaar-Teranga is one of the world's largest gas discoveries in recent years and holds around 25 trillion cubic feet of advantaged gas [...]