Kosmos Energy Ltd. (NYSE:KOS) is reporting second quarter financial results on Monday 3rd August 2020, before market open.
According to analysts surveyed by Thomson Reuters, KOS is expected to report 2Q20 loss of $ 0.33 per share from revenue of $ 165.48 million.
For the full year, analysts anticipate top line of $ 832.85 million, while looking forward to loss of $ 0.7 per share bottom line.
Previous Quarter Performance
Kosmos Energy Ltd. communicated loss for the first quarter of $ 0.16 per share, from the revenue of $ 177.78 million. The quarterly revenues shrunk 40.10 percent compared with the same quarter last year. According to street consensus, KOS was expected to report 1Q20 loss of $ 0.15 per share from revenue of $ 199.75 million. The bottom line results missed street analysts by $ 0.01 or 6.67 percent, at the same time, top line results fell short of analysts by $ 21.97 million or 11 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Kosmos Energy Ltd.
Stock Performance
According to the previous trading day, closing price of KOS was $ 1.61, representing a 222.00 % increase from the 52 week low of $ 0.50 and a 78.68 % decrease over the 52 week high of $ 7.55.
The company has a market capital of $ 652.36 million and is part of the Energy sector and Oil & Gas E&P industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”KOS” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Conference Call
Kosmos Energy Ltd. will be hosting a conference call at 11:00 AM eastern time on 3rd August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.kosmosenergy.com
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.
