Recent Updates — KOS
Kosmos Energy Ltd. issued a notice of partial redemption for $25,000,000 aggregate principal amount of its 7.750% senior notes due 2027 on September 8, 2026. The redemption is expected to occur on September 18, 2026, and the company may pursue additional optional redemptions prior to maturity. Kosmos Energy Ltd. operates in the oil and gas exploration and production industry.
Kosmos Energy Ltd. reported second quarter 2026 net income of $185 million ($0.31 diluted share), compared to a loss in the prior year period. Adjusted net income was $68 million ($0.11 per diluted share). The company generated $607 million in revenues and approximately $89 million in free cash flow, supporting over $400 million of net debt reduction in the first half of 2026. Net production averaged ~71,400 boepd, up ~12% year-over-year, driven by ramp-up at Greater Tortue Ahmeyim and new wells at Jubilee. Kosmos completed the sale of its Equatorial Guinea assets for approximately $127 million and finalized a farm-down of the Tiberius project in the Gulf of America with Navitas taking a 33.33% stake. The company maintains full-year capital expenditure guidance of $350 million and exited the quarter with ~$2.56 billion in net debt. Kosmos Energy Ltd. is an independent oil and gas exploration and production company.
Kosmos Energy Ltd. completed the sale of its participating interests in the Ceiba Field and Okume Complex production assets in Block G offshore Equatorial Guinea to a subsidiary of Panoro Energy ASA on June 16, 2026. The transaction resulted in approximately $127 million in final cash consideration, with additional contingent consideration of up to $39.5 million based on production and oil price thresholds through 2029. Kosmos Energy Ltd. is an independent oil and gas exploration and production company.