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Stock impact report

Kosmos Energy Announces First Quarter 2024 Results [Yahoo! Finance]

Kosmos Energy Ltd. Common Shares (DE) (KOS) 
Last kosmos energy ltd. common shares (de) earnings: 2/24 02:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
For the quarter, the Company generated a net income of $92 million, or $0.19 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net income of $99 million, or $0.21 per diluted share for the first quarter of 2024. FIRST QUARTER 2024 HIGHLIGHTS Net Production : ~66,700 barrels of oil equivalent per day (boepd), representing ~13% growth year over year, with sales of ~62,600 boepd Revenues: $419 million, or $73.52 per boe (excluding the impact of derivative cash settlements) Production expense: $94 million, or $16.42 per boe Capital expenditures: $286 million Successfully completed convertible bond issuance, enhancing liquidity and paying down higher interest floating rate debt Post quarter end, successfully refinanced the Company's reserve-based lending (RBL) facility, extending maturity to year-end 2029 Post quarter end, contracted a drilling rig for the Equatorial Guinea 2024 infill and infrastr Show less Read more
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