Kosmos Energy (KOS) to Release Earnings on Monday

Kosmos Energy (NYSE:KOSGet Rating) is set to issue its quarterly earnings data before the market opens on Monday, May 9th. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Kosmos Energy (NYSE:KOSGet Rating) last announced its earnings results on Monday, February 28th. The oil and gas producer reported $0.13 EPS for the quarter. The business had revenue of $572.61 million during the quarter. Kosmos Energy had a negative net margin of 5.84% and a negative return on equity of 6.74%. During the same period in the previous year, the firm posted ($0.12) EPS. On average, analysts expect Kosmos Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

KOS stock opened at $6.76 on Monday. The company has a current ratio of 1.02, a quick ratio of 0.71 and a debt-to-equity ratio of 4.89. Kosmos Energy has a fifty-two week low of $1.80 and a fifty-two week high of $8.36. The business’s fifty day moving average price is $6.53 and its two-hundred day moving average price is $4.86.

A number of institutional investors have recently made changes to their positions in KOS. BlackRock Inc. grew its stake in Kosmos Energy by 6.0% in the 4th quarter. BlackRock Inc. now owns 41,696,773 shares of the oil and gas producer’s stock worth $144,272,000 after acquiring an additional 2,345,990 shares in the last quarter. Deutsche Bank AG raised its holdings in shares of Kosmos Energy by 440.2% in the fourth quarter. Deutsche Bank AG now owns 1,499,067 shares of the oil and gas producer’s stock valued at $5,186,000 after acquiring an additional 1,221,558 shares in the last quarter. Invesco Ltd. increased its position in Kosmos Energy by 102.1% during the 4th quarter. Invesco Ltd. now owns 2,055,635 shares of the oil and gas producer’s stock valued at $7,112,000 after purchasing an additional 1,038,431 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Kosmos Energy by 42.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,822,178 shares of the oil and gas producer’s stock valued at $6,305,000 after purchasing an additional 546,051 shares in the last quarter. Finally, State Street Corp increased its holdings in Kosmos Energy by 2.4% during the fourth quarter. State Street Corp now owns 20,722,304 shares of the oil and gas producer’s stock valued at $71,699,000 after buying an additional 491,230 shares during the period. 82.44% of the stock is owned by institutional investors.

A number of brokerages have commented on KOS. The Goldman Sachs Group boosted their price objective on Kosmos Energy from $8.00 to $9.50 and gave the stock a “buy” rating in a report on Tuesday, April 5th. TheStreet raised shares of Kosmos Energy from a “d+” rating to a “c” rating in a research report on Monday, February 28th. Barclays raised their price objective on shares of Kosmos Energy from $6.50 to $11.00 and gave the stock an “overweight” rating in a report on Wednesday, April 6th. StockNews.com downgraded shares of Kosmos Energy from a “hold” rating to a “sell” rating in a report on Friday. Finally, Zacks Investment Research upgraded Kosmos Energy from a “hold” rating to a “buy” rating and set a $8.50 target price for the company in a research note on Tuesday, April 12th. One analyst has rated the stock with a sell rating and seven have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $7.79.

Kosmos Energy Company Profile (Get Rating)

Kosmos Energy Ltd., a deep-water independent oil and gas exploration and production company, focuses along the Atlantic Margins. The company's primary assets include production offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as a gas development offshore Mauritania and Senegal.

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Earnings History for Kosmos Energy (NYSE:KOS)

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