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Kosmos Energy Announces Third Quarter 2024 Results

Kosmos Energy Ltd. Common Shares (DE) (KOS) 
Last kosmos energy ltd. common shares (de) earnings: 2/24 02:00 am Check Earnings Report
Company Research Source: Business Wire
DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the third quarter of 2024. For the quarter, the Company generated a net income of $45 million, or $0.09 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net income(1) of $38 million, or $0.08 per diluted share for the third quarter of 2024.THIRD QUARTER 2024 HIGHLIGHTSNet Production(2): ~65,400 barrels of oil equivalent per day (boepd), with sales of ~63,200 boepdRevenues: $408 million, or $70.18 per boe (excluding the impact of derivative cash settlements)Production expense: $133 million ($16.14 per boe excluding $39.7 million of production expenses associated with the Greater Tortue Ahmeyim (GTA) project)Capital expenditures: $210 millionSuccessfully issued $500 million of new Senior Notes due 2031, with proceeds refinancing near-term bond maturitiesIn the US G Show less Read more
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