secwatch.observer — SEC 8-K summary
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Issuer:     Kosmos Energy Ltd. (KOS)
CIK:        0001509991
Form:       8-K
Filed at:   2022-02-28T23:59:59+00:00
Accession:  0001509991-22-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kosmos Energy Q4 net income $99M; record quarterly sales and EBITDAX; 1P reserves doubled to 300mmboe
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- Net income $99M ($0.22 diluted EPS); adjusted net income $61M ($0.13 diluted EPS).
- Revenue $573M; net production 70k boepd, sales 81.9k boepd; free cash flow ~$136M.
- Completed ~$550M acquisition of additional Ghana interests funded via $540M equity/bond offering.
- Record year-end 1P reserves ~300mmboe (more than double 2020); 2P reserves ~580mmboe.
- 2022 capex budget ~$700M; Tortue LNG project ~70% complete; first oil from Winterfell targeted mid-2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1509991/000150999122000015/0001509991-22-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1509991/000150999122000015/kos-20220228.htm
  HTML page:      https://secwatch.observer/filing/0001509991-22-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer