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

Issuer:     Kosmos Energy Ltd. (KOS)
CIK:        0001509991
Form:       8-K
Filed at:   2025-02-24T23:59:59+00:00
Accession:  0001509991-25-000023
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kosmos Energy Q4 net loss $7M; production below guidance; 2025 capex cut 50%+
-----------------------------------------------------------------------------

- Net loss $7M ($0.01/diluted share), adjusted net loss $16M ($0.03/share) for Q4 2024.
- Revenue $398M; net production 66,800 boepd, below guidance due to Jubilee and startup timing.
- GTA LNG achieved first gas in Dec 2024 and first LNG in Feb 2025; first cargo expected this quarter.
- 2025 capex guided at $400M or below, more than 50% reduction; targeting $25M overhead cuts by year-end.
- 2P reserves ~530 mmboe (137% replacement ratio); $28M exploration write-off for sub-commercial Akeng Deep.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1509991/000150999125000023/0001509991-25-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1509991/000150999125000023/kos-20250224.htm
  HTML page:      https://secwatch.observer/filing/0001509991-25-000023

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