Kosmos Energy Q2 2023 net income $23M; Jubilee South East starts production

Kosmos Energy Ltd.

2023-Q2 EPS reported $0.22 revenue$667,495,000

Net income $23M ($0.05 diluted EPS); adjusted net income $27M ($0.06 diluted EPS).
Net production ~58,000 boepd; revenues $273M ($66.38/boe ex derivatives).
Post-quarter: Jubilee South East started; gross field output now ~100,000 bopd.
Net debt ~$2.3B; free cash flow ($175)M due to ~1M barrel underlift.
First gas at Tortue targeted Q1 2024; Winterfell first oil around end Q1 2024.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

Kosmos Energy Ltd. reported quarter ended June 30, 2023 results: net income $23 million, EPS $0.05 per diluted share.

Period: quarter ended June 30, 2023
Net income: $23 million
EPS: $0.05 per diluted share
Result: reported results

Exact text from the filing

Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the second quarter of 2023. For the quarter, the Company generated a net income of $23 million, or $0.05 per diluted share.

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Source: SEC EDGAR

accession 0001509991-23-000068

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