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Kosmos Energy (KOS) offers a compelling value play with a low P/E ratio of 5.90, despite substantial debt and some liquidity concerns. Key assets like the Jubilee Oil Field and the developing GTA field present significant long-term growth opportunities. Kosmos plans to reduce CapEx in 2025, improving cash flow and enabling debt reduction, potentially leading to dividends by late 2026.
Kosmos Energy Ltd's (LSE:KOS, NYSE:KOS) performance last year was below expectations, but "there are signs of progress and some growth should be anticipated" for 2025, broker Panmure Liberum said. Analyst Ashley Kelty, affirming his 'buy' rating but cutting his target price to 535p from 625p, summed up the year as one of "faltering progress".
Kosmos Energy Ltd. (NYSE:KOS ) Q4 2024 Earnings Conference Call February 24, 2025 11:00 AM ET Company Participants Jamie Buckland - VP, IR Andy Inglis - Chairman and CEO Neal Shah - CFO Conference Call Participants Neil Mehta - Goldman Sachs Charles Meade - Johnson Rice Matthew Smith - Bank of America David Round - Stifel Nicolaus Mark Wilson - Jefferies Operator Good day everyone and welcome to Kosmos Energy's Fourth Quarter and Full Year 2024 Conference Call.
DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the fourth quarter of 2024. For the quarter, the Company generated a net loss of $7 million, or $0.01 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss(1) of $16 million, or $0.03 per diluted share for the fourth quarter of 2024. FOURTH QUARTER 2024 HIGHLIGHTS Zero los.
Following a careful analysis of the Zacks Oil and Gas - International E&P industry, we advise focusing on companies like KOS, TUWOY and CRNCY.
DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE/LSE: KOS) notes the announcement today from bp plc (operator) that first gas production has been achieved at the Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project offshore Mauritania and Senegal. On December 31, 2024, gas from the first phase of GTA started to flow from wells to the floating production storage and offloading (FPSO) vessel ahead of delivery to the floating LNG vessel for liquefaction. Once fully commissioned, GTA Phase.
KOS and TUWOY collaborate in many key fields in Ghana. Both companies have a substantial debt burden, and the potential merger might have helped TUWOY improve its financials.
Kosmos Energy is poised for a major transformation with new projects increasing production and reducing CapEx, leading to substantial free cash flow and debt reduction. The company's production is set to rise to 90,000 boepd with Winterfell and GTA projects, significantly boosting revenue and lowering CapEx. Debt reduction to 1.5x leverage by Q1 2026 will pave the way for shareholder returns, with a conservative price target of $6 per share.
U.S. oil and gas firm Kosmos Energy walked away from its plan to buy West Africa-focused Tullow Oil on Tuesday, without specifying any reason for the decision, less than a week after the firms said they were in early talks for a possible deal.
KOS is in the preliminary stages of discussing an acquisition of TUWOY, which may result in the creation of a leading Atlantic Margin exploration and production company.