Want to see KOS full AI Analyst Report?
Top Page
Kosmos Energy
(NYSE:KOS)
Select Model
Select Model
Rating:53Neutral
Price Target:
$2.50
▼(-4.94% Downside)
Action:Reiterated
Date:08/04/26
The score is held back primarily by weak and volatile profitability (large TTM net loss and unstable earnings power), despite improved leverage and positive operating/free cash flow. The latest earnings call supports a better forward operational picture (maintained guidance, higher production, cost reductions, and rapid debt paydown), while technicals are only neutral and valuation is difficult to support with negative earnings and no dividend yield provided.
Positive Factors
Sustained Production Growth
Consistent YoY production increases and maintained full‑year guidance signal durable operational momentum across key assets. Higher, predictable volumes over the next 2–6 months support revenue stability, better utilization of fixed costs and clearer FCF planning for ongoing capex and debt reduction.
Negative Factors
Weak and Volatile Profitability
Persistently negative net margins and sharp earnings swings indicate unstable earnings power and weak return generation. Even with higher production and cost cuts, ongoing accounting losses impair ROE and could constrain reinvestment, dividends and investor confidence over the coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Production Growth
Consistent YoY production increases and maintained full‑year guidance signal durable operational momentum across key assets. Higher, predictable volumes over the next 2–6 months support revenue stability, better utilization of fixed costs and clearer FCF planning for ongoing capex and debt reduction.
Read all positive factors
Kosmos Energy Key Performance Indicators (KPIs)
Any
Revenue by Geography
Breaks down revenue by country or basin to show where production and sales originate, exposing geographical concentration or diversification. For Kosmos Energy, geographic revenue trends signal which assets are driving growth, where production additions matter most, and where political or logistical risks could dent top-line performance.
Breaks down revenue by country or basin to show where production and sales originate, exposing geographical concentration or diversification. For Kosmos Energy, geographic revenue trends signal which assets are driving growth, where production additions matter most, and where political or logistical risks could dent top-line performance.
Data provided by:
The Fly
The FlyKosmos Energy (KOS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.60B
Dividend YieldN/A
Average Volume (3M)16.80M
Price to Earnings (P/E)―
Beta (1Y)0.89
Revenue Growth-7.65%
EPS Growth-6775.00%
CountryUS
Employees216
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-1.19
Shares Outstanding593,189,300
10 Day Avg. Volume18,929,667
30 Day Avg. Volume16,796,721
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.82
Price to Sales (P/S)0.33
P/FCF Ratio-2.41
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$2.43Price Target Upside-7.61% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering6
EPS Forecast (FY)0.33
Revenue Forecast (FY)$1.68B
Kosmos Energy Business Overview & Revenue Model
Company Description
Kosmos Energy Ltd. operates as an independent company primarily engaged in deep-water oil and gas exploration and production, strategically concentrating its operations along the Atlantic Margins. Its core holdings encompass productive oil assets ...
How the Company Makes Money
Kosmos primarily makes money by producing and selling hydrocarbons from fields where it holds working interests. Revenue is generated from (1) crude oil and condensate sales, typically priced against global benchmarks and sold under offtake arrang...
Kosmos Energy Earnings Call Summary
Earnings Call Date:Aug 03, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 09, 2026
Earnings Call Sentiment Positive
The call conveys a predominantly positive operational and financial trajectory: strong production growth (Jubilee, GTA), material cost reductions, meaningful net debt reduction, improved liquidity and credit upgrades, and successful execution on strategic transactions (Tiberius farm‑down). Operational challenges (Winterfell drilling issues, Jubilee water injection availability) and a modest production reduction from the Equatorial Guinea disposal are notable risks but are described as manageable and being actively addressed. Overall, the positive developments (production, costs, balance sheet, strategic progress) outweigh the operational hiccups.Positive Updates
Production Growth
Company production ~12% higher year‑on‑year in Q2; first half production up 18% versus prior year. Jubilee gross production expected above 90,000 bbl/day with full‑year Jubilee guidance unchanged at 70,000–80,000 bbl/day.
Negative Updates
Winterfell Drilling Issues and Pause
Winterfell #5 well temporarily abandoned due to casing issues; drilling performance has been disappointing with additional costs incurred and a pause on activity while operator and Kosmos investigate—operational frustration noted and capital deployment paused pending resolution.
Read all updates
Q2-2026 Updates
Positive
Negative
Production Growth
Company production ~12% higher year‑on‑year in Q2; first half production up 18% versus prior year. Jubilee gross production expected above 90,000 bbl/day with full‑year Jubilee guidance unchanged at 70,000–80,000 bbl/day.
Read all positive updates
Company Guidance
Management maintained full‑year guidance and quantified several targets: Jubilee production guidance remains 70,000–80,000 bbl/d (gross >90,000 bbl/d once J50 starts), GTA guidance stays at 32–36 gross LNG cargos (Q2 ≈2.65 mtpa equiv.; 9 cargos in Q2; 18.5 cargos in H1), and condensate lifts of ~300k bbl net (Q2) and ~400k bbl net expected in late Q3; they expect a ~50% reduction in OpEx per MMBtu this year and are on track for ~35% reduction in OpEx per barrel in 2026. Operationally Q2 production was ≈12% higher YoY and H1 production ≈18% higher YoY, absolute operating costs were down ~25% in Q2 (~24% H1), net debt is down ~15% vs year‑end 2025 (≈$420m repaid in H1) with >$500m liquidity on hand and a goal to cut net debt ~20% in 2026 and drive leverage toward ~2x by year‑end; they expect a ~$1.2bn RBL amendment in Q4, are layering 2027 hedges, and noted Tiberius FID with first oil targeted H2‑2028 (farm‑down implying ~ $250m gross valuation, ≈$45m consideration to Kosmos).Kosmos Energy Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
56
Neutral
Cash Flow
49
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.64B | 1.30B | 1.68B | 1.70B | 2.25B | 1.33B |
| Gross Profit | 591.21M | -191.45M | 688.07M | 866.58M | 1.34B | 518.79M |
| EBITDA | 206.50M | 19.35M | 894.42M | 930.52M | 968.85M | 546.25M |
| Net Income | -542.24M | -699.79M | 189.85M | 213.52M | 226.55M | -77.84M |
Balance Sheet | ||||||
| Total Assets | 4.31B | 4.70B | 5.31B | 4.94B | 4.58B | 4.94B |
| Cash, Cash Equivalents and Short-Term Investments | 125.64M | 91.52M | 84.97M | 95.34M | 183.41M | 131.62M |
| Total Debt | 2.76B | 3.06B | 2.76B | 2.39B | 2.23B | 2.62B |
| Total Liabilities | 3.61B | 4.17B | 4.11B | 3.91B | 3.79B | 4.41B |
| Stockholders Equity | 704.90M | 528.59M | 1.20B | 1.03B | 787.85M | 529.24M |
Cash Flow | ||||||
| Free Cash Flow | 3.69M | -180.40M | -255.41M | -167.43M | 321.10M | -563.65M |
| Operating Cash Flow | 395.85M | 134.01M | 678.25M | 765.17M | 1.13B | 374.34M |
| Investing Cash Flow | -288.33M | -401.20M | -966.06M | -994.85M | -703.86M | -973.38M |
| Financing Cash Flow | 47.51M | 299.65M | 274.32M | 141.62M | -414.70M | 624.16M |
Kosmos Energy Technical Analysis
Negative
2.63
Price Trends
2.50
Negative
2.67
Negative
2.05
Positive
Market Momentum
0.02
Negative
46.73
Neutral
27.73
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KOS, the sentiment is Negative. The current price of 2.63 is above the 20-day moving average (MA) of 2.42, above the 50-day MA of 2.50, and above the 200-day MA of 2.05, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 46.73 is Neutral, neither overbought nor oversold. The STOCH value of 27.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KOS.
Kosmos Energy Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $650.71M | -32.39 | -1.82% | 12.66% | 11.44% | -157.45% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
65 Neutral | $836.08M | 0.02 | 5760.88% | ― | 44.96% | ― | |
63 Neutral | $903.46M | -6.01 | -9.13% | 2.09% | -25.80% | -230.75% | |
53 Neutral | $1.60B | -1.60 | -81.93% | ― | -7.65% | -6775.00% |
* Energy Sector Average
KOS
Kosmos Energy
2.47
0.65
35.71%
HPK
HighPeak Energy
6.86
-1.61
-19.05%
VTS
Vitesse Energy, Inc.
15.73
-6.62
-29.62%
TXO
TXO Energy Partners LP
13.48
0.06
0.48%
INR
Infinity Natural Resources, Inc. Class A
12.74
-1.31
-9.32%
Kosmos Energy Corporate Events
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Kosmos Energy completes strategic Equatorial Guinea asset sale
Positive
Jun 22, 2026
On June 16, 2026, Kosmos Energy completed the sale of its 40.375% indirect participating interests in the Ceiba Field and Okume Complex in Block G offshore Equatorial Guinea to a subsidiary of Panoro Energy, receiving approximately $127 million in...
Executive/Board ChangesShareholder Meetings
Kosmos Energy Shareholders Approve Directors and Compensation Plans
Positive
May 28, 2026
At Kosmos Energy‘s 2026 Annual Meeting of Stockholders held on May 28, 2026, shareholders re‑elected Class I directors Andrew G. Inglis and Maria Moraeus Hanssen to three‑year terms ending in 2029, with voter turnout representing...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.