Earnings summaries and quarterly performance for Kosmos Energy.
Executive leadership at Kosmos Energy.
Board of directors at Kosmos Energy.
Research analysts who have asked questions during Kosmos Energy earnings calls.
Mark Wilson
Jefferies
4 questions for KOS
Matthew Smith
Analyst
4 questions for KOS
Bob Brackett
Bernstein Research
3 questions for KOS
Charles Meade
Johnson Rice & Company L.L.C.
3 questions for KOS
Stella Cridge
Barclays
3 questions for KOS
David Round
Stifel Financial Corp
2 questions for KOS
Neil Mehta
Goldman Sachs
2 questions for KOS
Alexa Petrick
Goldman Sachs
1 question for KOS
Lydia Gould
Goldman Sachs Group, Inc.
1 question for KOS
Nikhil Bhat
JPMorgan Chase & Co.
1 question for KOS
Recent press releases and 8-K filings for KOS.
- Kosmos Energy has entered into an agreement to sell its 40.375% non-operating working interest in the Ceiba Field and Okume Complex production assets offshore Equatorial Guinea to Panoro Energy.
- The transaction includes an upfront cash payment of $180 million, subject to adjustments, and future contingent payments of up to $39.5 million.
- The sale, which has an effective date of January 1, 2025, is expected to close mid-year 2026 and will use the proceeds to reduce borrowings under the reserves-based lending credit facility.
- Kosmos anticipates approximately $100 million in total savings across capital expenditures and general and administrative expenses over the two-year period following the completion of the transaction.
- Kosmos Energy has entered into an agreement to sell its 40.375% non-operating working interest in the Ceiba Field and Okume Complex production assets offshore Equatorial Guinea to Panoro Energy.
- The consideration includes an upfront cash payment of $180 million and contingent payments of up to $39.5 million, for a total potential value of up to $219.5 million.
- The transaction, with an effective date of January 1, 2025, is expected to close mid-year 2026 and will be used to reduce borrowings under the reserves-based lending credit facility.
- Kosmos anticipates approximately $100 million in total savings across capital expenditures and general and administrative expenses over the two-year period post-completion.
- Ghana's parliament ratified extensions to the West Cape Three Points and Deepwater Tano petroleum agreements through 2040, securing long-term development of the Jubilee and TEN offshore fields and expected to unlock up to $2 billion of incremental investment.
- Kosmos plans to add up to 20 wells to increase 2P reserves in the amended Jubilee plan, and partners agreed to acquire an FPSO for approximately $40 million net to Kosmos for the TEN fields, expected to lower operating costs by early 2027.
- The company completed a $350 million Norwegian bond issuance, using proceeds for debt reduction by repaying $100 million of its Reserve-Based Lending (RBL) facility and repurchasing 2027 senior unsecured notes.
- The license extensions for the Jubilee and TEN fields in Ghana have been ratified by Parliament, extending to 2040, and are expected to bring up to $2 billion in incremental investment.
- Average gross Jubilee oil production increased to over 70,000 bopd in February month-to-date, following the ramp-up of the J74 well, with the J75 well expected online around the end of the first quarter.
- The partnership for the TEN fields signed a sale and purchase agreement (SPA) to acquire the floating production, storage and offloading vessel (FPSO) for a gross consideration of $205 million (~$40 million net to Kosmos), which is expected to result in material operating expense reductions from 2026 onwards.
- In January, Kosmos completed a $350 million Norwegian bond issuance, using $100 million to repay borrowings under the Reserve Base Lending (RBL) facility and planning to use the remainder to repurchase 2027 senior unsecured notes.
- Kosmos Energy Ltd. announced the early tender results of its cash tender offer for up to $250,000,000 aggregate principal amount of its outstanding 7.750% Senior Notes due 2027 on January 29, 2026.
- As of January 28, 2026, $182,457,000 aggregate principal amount of the notes had been validly tendered and not withdrawn.
- The company expects to purchase all validly tendered notes on or about February 3, 2026, with a total consideration of $990.00 per $1,000 principal amount.
- Kosmos Energy Ltd. announced the pricing of $350 million aggregate principal amount of 11.25% senior secured bonds due 2031.
- The senior bonds will be issued in the Nordic bond market by Kosmos Energy GTA Holdings, a wholly-owned subsidiary, and will be fully and unconditionally guaranteed by Kosmos Energy and its wholly-owned subsidiaries.
- Kosmos Energy announced the pricing of $350 million aggregate principal amount of 11.25% senior secured bonds due 2031 in the Nordic bond market.
- The bonds will be issued by a wholly-owned subsidiary, Kosmos Energy GTA Holdings, and are fully and unconditionally guaranteed by Kosmos Energy and several of its other wholly-owned subsidiaries.
- The net proceeds from the offering are intended to fund a tender offer for up to $250 million of its 7.750% Senior Notes due 2027, repay certain borrowings, and for general corporate purposes.
- Kosmos Energy Ltd. announced a new offering of $350 million aggregate principal amount of senior secured bonds in the Nordic bond market, due in 2031, through its subsidiary Kosmos Energy GTA Holdings.
- The net proceeds from the new bond offering will primarily fund a cash tender offer for $250 million aggregate principal amount of its 7.750% Senior Notes due 2027, with remaining funds for repaying borrowings and general corporate purposes.
- The tender offer, which commenced on January 12, 2026, will expire on February 9, 2026, and is conditioned on the successful completion of the new bond offering.
- Holders who tender their notes by the early tender time of January 26, 2026, will receive a Total Consideration of $990.00 per $1,000 principal amount, which includes an Early Tender Payment of $50.00.
- Kosmos Energy's wholly-owned subsidiary, Kosmos Energy GTA Holdings, intends to offer $350 million aggregate principal amount of senior secured bonds in the Nordic bond market, due in 2031.
- The new senior bonds will be fully and unconditionally guaranteed by Kosmos Energy Ltd. and certain of its wholly-owned subsidiaries.
- The net proceeds from this offering are intended to fund a tender offer for $250 million of its 7.750% Senior Notes due 2027, repay certain borrowings, and for general corporate purposes.
- Kosmos Energy announced that the J-74 producer well in the Jubilee field is expected online shortly, projected to add over 10,000 barrels of oil per day (bopd) and enable Jubilee to start 2026 at nearly 70,000 bopd gross.
- In Ghana, license extensions for the West Cape Three Points and Deep Water Tano Petroleum Agreements, covering the Jubilee and TEN fields, received government approval and are submitted for ratification, extending them to 2040 and including up to 20 additional wells in the Jubilee field.
- The GTA liquefied natural gas (LNG) project in Mauritania and Senegal reached nameplate capacity of 2.7 million tonnes per annum equivalent in December 2025, with cargo liftings expected to nearly double in 2026.
- Financially, Kosmos submitted a borrowing notice on January 2, 2026, for a $100 million draw on its Gulf of America Term Facility and issued a notice of redemption for its remaining 2026 unsecured notes, expected on January 13, 2026.
Quarterly earnings call transcripts for Kosmos Energy.
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