Kosmos Energy Q2 net income $185M, production up 12% YoY; completes EG sale, Tiberius farm-down

Kosmos Energy Ltd.

Net income $185M ($0.31 diluted EPS); adjusted net income $68M ($0.11 diluted EPS).
Net production 71,400 boepd (+12% YoY); revenues $607M; production expense down 25% YoY to $179M.
Completed sale of Equatorial Guinea assets for ~$127M cash plus up to ~$40M contingent; proceeds used to repay RBL.
Post-quarter: farmed down 33.33% of Tiberius to Navitas; consideration includes upfront cash, carry, milestones.
Net debt reduced >$400M in H1 to ~$2.56B; full-year capex guidance unchanged at $350M.

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