Financial PerformanceAnalyst recommends the stock due to Kosmos's positive refinancing of its RBL, expanding the facility size and extending maturity, which signals a strong financial position.
Growth PotentialThe company is working to potentially accelerate Tortue Phase 2, aiming to double total estimated project volumes.
ValuationKosmos trades at a 33% discount to our NAV of $8.70/sh, reflecting an attractive investment opportunity given the current commodity tailwind and the quality of the asset base.