secwatch.observer — SEC 8-K summary
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Issuer:     Kosmos Energy Ltd. (KOS)
CIK:        0001509991
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0001509991-24-000024
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 2023 adj EPS $0.31, revenue $508M, 2024 capex $700-750M
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- Q4 net income $22M ($0.04 diluted); adjusted net income $149M ($0.31 diluted).
- Q4 revenue $508M ($75.64/boe); production ~66,000 boepd (+12% YoY).
- Full-year 2024 capex guided $700-750M, weighted to H1; Q4 free cash flow -$27M.
- Impairment at TEN $222.3M, fully impairing its book value; 1P reserves 280 mmboe (104% replacement).
- Tortue FLNG arrived on site; first gas expected Q3 2024, first LNG Q4 2024; subsea contractor arbitration up to $160M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1509991/000150999124000024/0001509991-24-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1509991/000150999124000024/kos-20240226.htm
  HTML page:      https://secwatch.observer/filing/0001509991-24-000024

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