---
schema_version: "secwatch.filing_event.v1"
accession: "0001509991-23-000041"
form_type: "8-K"
ticker: "KOS"
cik: "0001509991"
company_name: "Kosmos Energy Ltd."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T08:56:59.750314+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kosmos Energy Q1 net income $83M; expects Jubilee production to rise 50%+ to >110k bopd

## Summary
- Net income $83M ($0.17 diluted EPS); adjusted net income $78M ($0.16).
- Revenue $394M, net production ~58,800 boepd; cap-ex $206M in line with guidance.
- Jubilee production expected to rise >50% to >110,000 bopd by end-2023 with new wells.
- Tortue Phase 1 first gas target end-2023; Phase 2 concept selected (gravity-based structure).
- Net debt ~$2.1B, available liquidity ~$1.0B.

## SEC filing metadata
- accession: 0001509991-23-000041
- form_type: 8-K
- ticker: KOS
- cik: 0001509991
- company_name: Kosmos Energy Ltd.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1509991/000150999123000041/0001509991-23-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1509991/000150999123000041/kos-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001509991-23-000041
- JSON: https://secwatch.observer/filing/0001509991-23-000041.json
- Plain text: https://secwatch.observer/filing/0001509991-23-000041.txt

## Key facts
- Earnings Releases
  Kosmos Energy Ltd. reported first quarter of 2023 results: revenue $394 million, net income $83 million, EPS $0.17 per diluted share.
  - Period: first quarter of 2023
  - Revenue: $394 million
  - Net income: $83 million
  - EPS: $0.17 per diluted share
  - Result: reported results
  source text: Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the first quarter of 2023. For the quarter, the Company generated a net income of $83 million, or $0.17 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net income (1) of $78 million, or $0.16 per diluted share for the first quarter of 2023. FIRST QUARTER 2023 HIGHLIGHTS • Net Production (2) : ~58,800 barrels of oil equivalent per day (boepd), with sales of ~61,100 boepd • Revenues: $394 million, or $71.67 per boe (excluding the impact of derivative cash settlements) • Production expense: $84 million, or $15.26 per boe • Capital expenditures: $206 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1509991/000150999123000041/0001509991-23-000041-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.