secwatch.observer — SEC 8-K summary
======================================

Issuer:     Kosmos Energy Ltd. (KOS)
CIK:        0001509991
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0001509991-22-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kosmos Energy Q1 adjusted EPS $0.30, production 72.6K boepd, net debt down $330M
--------------------------------------------------------------------------------

- Net income $1M ($0.00 diluted), adjusted net income $142M ($0.30 diluted); revenue $659M.
- Production ~72,600 boepd at top of guidance; free cash flow ~$221M; net debt reduced ~$330M to $2.2B.
- FY2022 capex guidance unchanged at $670M; Greater Tortue LNG ~75% complete.
- Acquired additional 5.5% in Winterfell for ~$10M; post-quarter, 5.9% in Kodiak for ~$21M ($7M deferred).
- Equatorial Guinea license extended to 2040; 2P reserves +~6M boe, NPV10 +~$100M at $75 Brent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1509991/000150999122000029/0001509991-22-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1509991/000150999122000029/kos-20220509.htm
  HTML page:      https://secwatch.observer/filing/0001509991-22-000029

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