Kosmos Energy Q3 net income $85M, adjusted $126M; production up 17%

Kosmos Energy Ltd.

2023-Q3 EPS reported $0.40 revenue$1,193,843,000

Net income $85M ($0.18 diluted); adjusted net income $126M ($0.26) on $526M revenue.
Q3 production 68,200 boepd, up 17% QoQ; Jubilee gross production ~100,000 bopd from 3 new wells.
Tortue Phase 1 first gas may slip to Q2 2024 per BP; FLNG sail away expected later Q4.
Tiberius ILX discovery in Gulf of Mexico encountered ~250 ft net oil pay; analysis ongoing.
Assumed operatorship and 90% stake in Senegal's Yakaar-Teranga gas field, subject to approvals.

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 0.95

Kosmos Energy Ltd. reported the third quarter of 2023 results: net income $85 million, or $0.18 per diluted share.

Period: the third quarter of 2023
Net income: $85 million, or $0.18 per diluted share
Result: reported results

Exact text from the filing

On November 6, 2023, Kosmos Energy Ltd. (the “Company”) issued a news release announcing results for the fiscal quarter ended September 30, 2023.

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Source: SEC EDGAR

accession 0001509991-23-000079

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