Kosmos Energy Q1 net loss $226M, record production 74.8K boepd; debt reduction target raised to ~20%

Kosmos Energy Ltd.

2026-Q1 EPS reported -$0.45 revenue$370,728,000

Net loss $226M ($0.45/diluted share); adjusted net loss $36M ($0.07/diluted share).
Record quarterly production ~74,800 boepd, up 25% YoY; revenue $371M.
Production expense fell 22% YoY to $131M; net debt ~$2.8B, free cash flow $14M.
Raised full-year debt reduction target from 10% to ~20%; GTA average production exceeded nameplate.
Completed $350M Nordic bond, $200M equity raise; sold Equatorial Guinea interest for up to $220M.

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 0.97

Kosmos Energy Ltd. reported first quarter of 2026 results: revenue $371 million, net income generated a net loss of $226 million, or $0.45 per diluted share, EPS $0.45 per diluted share. Guidance reaffirmed.

Period: first quarter of 2026
Revenue: $371 million
Net income: generated a net loss of $226 million, or $0.45 per diluted share
EPS: $0.45 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

2026. FIRST QUARTER 2026 AND POST QUARTER END HIGHLIGHTS • Net Production (2) : ~74,800 barrels of oil equivalent per day (boepd), up ~25% versus first quarter 2025 • Revenues: $371 million, or $55.81 per boe (excluding the impact of derivative cash settlements) • Production expense: $131 million (or $19.66 per boe), down ~22% versus first quarter 2025 (~$167

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Source: SEC EDGAR

accession 0001509991-26-000023

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