Highest-materiality recent filing
Kosmos Energy Q2 net income $185M, production up 12% YoY; completes EG sale, Tiberius farm-down
Net income $185M ($0.31 diluted EPS); adjusted net income $68M ($0.11 diluted EPS).
Kosmos completes Equatorial Guinea asset sale to Panoro for ~$127M cash plus up to $39.5M
Closed sale of 40.375% interest in Ceiba and Okume (Block G) to Panoro Energy for ~$127M cash plus up to $39.5M contingent.
Andrew G. Inglis and Maria Moraeus Hanssen elected as Class I directors with ~97.4% and ~91.7% of votes cast, respectively.
Kosmos Energy Q1 net loss $226M, record production 74.8K boepd; debt reduction target raised to ~20%
Net loss $226M ($0.45/diluted share); adjusted net loss $36M ($0.07/diluted share).
Kosmos Energy closes public offering of 112.125M shares of common stock
Sold 97.5M shares initially; underwriters exercised option for additional 14.625M shares on March 11.
Kosmos Energy Q4 2025 net loss $377M; production up 4% QoQ; sells EG assets for up to $220M
Net loss $377M ($0.79 diluted); adjusted net loss $78M ($0.16 diluted) for Q4 2025.
Kosmos sells 40.375% Equatorial Guinea interest to Panoro for up to $219.5M
Upfront cash of $180M plus contingent payments of up to $39.5M linked to production and oil price.
Kosmos Energy early tender results: $182.5M of 7.75% Notes tendered at $990 each
Aggregate principal amount tendered at early tender time: $182,457,000 of the 7.750% Senior Notes due 2027.
Kosmos extends tender offer deadline for $250M 7.750% Senior Notes to Jan 28
Early Tender Time and Withdrawal Deadline extended from Jan 26 to 5:00 p.m. Jan 28, 2026.
Kosmos launches $250M tender for 7.75% notes due 2027 and $350M new bond offering due 2031
Tender offer up to $250M of 7.750% Senior Notes due 2027; per $1,000 principal, Total Consideration $990 including $50 Early Tender Payment.
Kosmos Energy to redeem all outstanding 7.125% senior notes due 2026 on Jan 13, 2026
Conditional notice of redemption issued Jan 2, 2026 for all $? (amount not stated) of 7.125% notes due 2026.
Kosmos Energy Q3 2025 net loss $124M ($0.26/sh), production 65.5K boepd, signs $250M Shell loan
Net loss $124M ($0.26 diluted); adjusted net loss $72M ($0.15 diluted).
Kosmos enters $250M secured term loan facility, redeems $150M of 7.125% notes due 2026
$150M tranche funded Oct 1, 2025; up to $100M additional available until Apr 1, 2026.
Kosmos Energy CCO Chris Ball retiring Sept 30; duties to CFO Neal Shah
Chris Ball, Chief Commercial Officer, retires effective September 30, 2025.
Kosmos Energy Q2 net loss $88M; lowers FY production and capex guidance
Net loss of $88M ($0.18 diluted EPS); adjusted net loss $93M ($0.19).
426.7M shares (~89.27%) represented out of 478M outstanding.
Kosmos Energy Q1 2025 net loss $111M; GTA exports begin in April
Net loss $111M ($0.23/share); adjusted net loss $105M ($0.22/share). Revenue $290M.
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.
Kosmos Energy's Akeng Deep well in Eq Guinea sub-commercial; to be abandoned. Infill wells onstream.
Akeng Deep well (Block S) drilled to 13,225 ft TVD; encountered sub-commercial hydrocarbons; to be plugged and abandoned.
Kosmos Energy reports Q3 net income of $45M; reduces 2025 capex guide to $400M
Diluted EPS $0.09 ($0.08 adjusted); revenue $408M; net production 65,400 boepd.
Kosmos Energy terminates $165M corporate revolver; no borrowings outstanding
Terminated the Corporate Revolver dated March 31, 2022 on October 18, 2024 via voluntary cancellation.
ICC final award prohibits Kosmos from selling GTA LNG to third parties until 2033
International Chamber of Commerce issued final binding award on Oct 7, 2024 in arbitration with BP Gas Marketing.
Kosmos Energy issues $500M 8.750% senior notes due 2031
$500M aggregate principal, 8.750% interest, matures Oct 1, 2031.
Kosmos Energy prices $500M of 8.750% senior notes due 2031 for tender offers
Issued $500M aggregate principal of 8.750% senior notes due 2031.
Issues $500M senior notes due 2031; net proceeds plus cash to fund tender offers for up to $400M of 7.125% 2026 notes and up to $100M of 2027/2028 notes.
Kosmos Energy Q2 net income $60M, adj. EPS $0.17; production 62.1k boepd (+7% YoY)
Net income $60M ($0.12 diluted EPS); adjusted net income $80M ($0.17 diluted EPS).
Kosmos Energy GC Jason Doughty steps down; Josh Marion appointed successor
Jason E. Doughty steps down as SVP, General Counsel and Corporate Secretary effective July 8, 2024.
Kosmos amends 8-K to correct Say-on-Pay frequency vote totals from June 6 meeting
Amendment corrects Proposal 4: 385,031,723 for One Year (not 376M) and 15,072,702 for Three Years.
Kosmos Energy reports 2024 annual meeting voting results; all management proposals pass
Three Class II directors elected: Ogunlesi (367.3M for), Goodwin (371.4M for), Grant (316.6M for).
Kosmos Energy Q1 2024 net income $92M, adjusted EPS $0.21; production up 13% YoY
Net income of $92M ($0.19 diluted EPS); adjusted net income $99M ($0.21 adjusted EPS).
Kosmos Energy amends RBL: size to $1.35B, maturity extended to Dec 2029
Facility size increased from $1.25B to $1.35B; commitments ~$1.2B, expected to reach $1.35B as lenders complete approvals.
Kosmos Energy closes $400M 3.125% convertible notes due 2030
$400M aggregate principal issued (incl. $50M greenshoe); notes mature March 15, 2030.
Kosmos Energy to offer $300M convertible senior notes due 2030; proceeds to repay debt
Offers $300M aggregate principal of convertible senior notes due 2030, plus $45M option to initial purchasers.
Kosmos Energy Q4 2023 adj EPS $0.31, revenue $508M, 2024 capex $700-750M
Q4 net income $22M ($0.04 diluted); adjusted net income $149M ($0.31 diluted).
Kosmos Energy Q3 net income $85M, adjusted $126M; production up 17%
Net income $85M ($0.18 diluted); adjusted net income $126M ($0.26) on $526M revenue.
Kosmos Energy prepays $137.5M GoM Term Loan, terminates credit agreement
Prepaid remaining $137.5M principal plus accrued interest on GoM Term Loan on Sept 15, 2023.
Kosmos Energy Q2 2023 net income $23M; Jubilee South East starts production
Net income $23M ($0.05 diluted EPS); adjusted net income $27M ($0.06 diluted EPS).
Kosmos Energy SVP & Head of Gulf of Mexico Business Unit to retire Jan 2024
Richard R. Clark, SVP and Head of Gulf of Mexico Business Unit, informed Kosmos of retirement at end of January 2024.
Andrew G. Inglis elected director with 312.4M votes for, 69.5M against; Maria Moræus Hanssen elected with 381.7M for, 1.3M against.
Kosmos Energy Q1 net income $83M; expects Jubilee production to rise 50%+ to >110k bopd
Net income $83M ($0.17 diluted EPS); adjusted net income $78M ($0.16).
Kosmos Energy appoints three new directors; Sir Richard Dearlove not seeking re-election
Sir Richard Dearlove will not stand for re-election at the 2023 Annual Meeting; departure not due to any disagreement.
Kosmos Energy Q4 net loss $114M; adjusted net income $111M; full-year production up 17%
Q4 net loss $114M ($0.24/diluted share); adjusted net income $111M ($0.23/diluted share).
Kosmos Q3 net income $222M ($0.47 EPS), adjusted $90M ($0.19); production up 20% YoY to 60.9k boepd
Net production 60,900 boepd (+20% YoY); sales 50,900 boepd; revenues $456M.
Kosmos Energy Q2 2022 net income $117M, adj EPS $0.28; production 62,200 boepd
Net income $117M ($0.25 diluted); adjusted net income $132M ($0.28 diluted).
Steven M. Sterin elected as Class III director with 336.4M votes for (96.6% of votes cast).
Kosmos Energy Q1 adjusted EPS $0.30, production 72.6K boepd, net debt down $330M
Net income $1M ($0.00 diluted), adjusted net income $142M ($0.30 diluted); revenue $659M.
Kosmos Energy enters $250M revolver, matures Dec 2024; replaces prior facility
New $250M revolving credit facility replaces existing RCF; maturity Dec 31, 2024.
Kosmos Energy amends bylaws to adopt majority voting for director elections
Board adopted amended bylaws on March 10, 2022, effective immediately.
Net income $99M ($0.22 diluted EPS); adjusted net income $61M ($0.13 diluted EPS).
Director Lisa A. Davis to not stand for re-election; board to identify successor
Lisa A. Davis informed Kosmos on Dec 19, 2021, she will not seek re-election at the 2022 Annual Meeting.
On July 5, 2024, Jason E. Doughty informed Kosmos Energy Ltd. (the “Company”) that he is stepping down from his role as Senior Vice President, General Counsel and Corporate Secretary of the Company effective as of July 8, 2024 (the “Transition Date”).
In line with planned succession, Mr. Doughty is being succeeded by Josh R. Marion, the Company’s current Vice President and Deputy General Counsel, who is being appointed Senior Vice President, General Counsel and Corporate Secretary of the Company effective as of the Transition Date.
On July 12, 2023, Richard R. Clark, the current Senior Vice President and Head of Gulf of Mexico Business Unit for Kosmos Energy Ltd. (the “ Company ”), informed the Company of his decision to retire at the end of January 2024.
The Press Release also announced that the Board had appointed Ms. Maria Moræus Hanssen, Sir John Grant, and Mr. J. Mike Stice to serve as a Class I director, a Class II director and a Class III director, respectively, of the Company, effective April 25, 2023.
The Press Release also announced that the Board had appointed Ms. Maria Moræus Hanssen, Sir John Grant, and Mr. J. Mike Stice to serve as a Class I director, a Class II director and a Class III director, respectively, of the Company, effective April 25, 2023.
Sir Richard Dearlove had informed the Company of his decision not to stand for re-election to the Board of Directors (the “ Board ”) at the conclusion of his current term which expires at the Company’s 2023 Annual Stockholders Meeting.
The Press Release also announced that the Board had appointed Ms. Maria Moræus Hanssen, Sir John Grant, and Mr. J. Mike Stice to serve as a Class I director, a Class II director and a Class III director, respectively, of the Company, effective April 25, 2023.
On 19 December, 2021, Ms. Lisa A. Davis informed Kosmos Energy Ltd. (the “Company”) of her decision not to stand for re-election to the Board of Directors (the “Board”) at the conclusion of her current term which expires at the Company’s 2022 Annual Shareholders Meeting.
Max materiality 0.85 · Median 0.65 · Most common event earnings