Kosmos Energy (KOS) to Release Quarterly Earnings on Monday

Kosmos Energy (NYSE:KOS) is scheduled to be announcing its earnings results before the market opens on Monday, August 3rd. Analysts expect the company to announce earnings of ($0.25) per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Kosmos Energy (NYSE:KOS) last issued its quarterly earnings data on Monday, May 11th. The oil and gas producer reported ($0.16) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.15) by ($0.01). The company had revenue of $177.78 million for the quarter, compared to the consensus estimate of $234.50 million. Kosmos Energy had a negative net margin of 13.35% and a negative return on equity of 7.93%. On average, analysts expect Kosmos Energy to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of NYSE KOS opened at $1.61 on Friday. The stock has a market cap of $652.36 million, a PE ratio of -3.50 and a beta of 3.45. The business has a fifty day moving average of $1.77 and a two-hundred day moving average of $2.51. Kosmos Energy has a 52-week low of $0.50 and a 52-week high of $7.55. The company has a debt-to-equity ratio of 3.19, a quick ratio of 0.92 and a current ratio of 1.19.

A number of research analysts have issued reports on KOS shares. Jefferies Financial Group cut their price objective on Kosmos Energy from $1.80 to $1.55 and set a “buy” rating for the company in a report on Tuesday, April 28th. Royal Bank of Canada upgraded Kosmos Energy from an “underperform” rating to a “sector perform” rating in a research note on Wednesday, May 13th. Barclays restated a “hold” rating and issued a $1.50 target price on shares of Kosmos Energy in a research note on Friday, May 15th. Berenberg Bank lowered their target price on Kosmos Energy from $3.60 to $3.45 and set a “buy” rating for the company in a research note on Wednesday, May 13th. Finally, Zacks Investment Research upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, May 13th. Eight analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $2.48.

Kosmos Energy Company Profile

Kosmos Energy Ltd., a deepwater independent oil and gas exploration and production company, focuses along the Atlantic Margins. Its primary assets include production offshore Ghana, Equatorial Guinea, and U.S. Gulf of Mexico, as well as a gas development offshore Mauritania and Senegal. The company also maintains an exploration program balanced between proven basin infrastructure-led exploration, emerging basins, and frontier basins.

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Earnings History for Kosmos Energy (NYSE:KOS)

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