Kosmos reports Q4 adjusted EPS 31c, consensus 23c

Reports Q4 revenue $507.81M, consensus $477.73M. Reports Q4 representing12% growth year over year; Net sales of ~73,000 boepd. Commenting on the Company’s 2023 performance, chairman and CEO Andrew Inglis said: “In 2023, we continued to advance our key development projects, which aim to deliver around 50% production growth from the second half of 2022. The start-up of Jubilee Southeast was a major step toward achieving this goal and, in the coming months, we expect production to begin at Winterfell in the Gulf of Mexico followed by first gas at Greater Tortue Ahmeyim offshore Mauritania and Senegal. Commenting on the Company’s 2023 performance, chairman and CEO Andrew Inglis said: “In 2023, we continued to advance our key development projects, which aim to deliver around 50% production growth from the second half of 2022. The start-up of Jubilee Southeast was a major step toward achieving this goal and, in the coming months, we expect production to begin at Winterfell in the Gulf of Mexico followed by first gas at Greater Tortue Ahmeyim offshore Mauritania and Senegal.”