5.80 0.00 (0.00%)
After hours: 5:10PM EST
|Bid||5.75 x 1000|
|Ask||6.15 x 29200|
|Day's Range||5.69 - 5.84|
|52 Week Range||3.53 - 9.75|
|Beta (3Y Monthly)||2.38|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.27|
Kosmos Energy (KOS) (KOS.L) announced today that Chief Exploration Officer and Founding Partner Brian F. Maxted has decided to retire from the company effective February 15, 2019. Mr. Maxted will remain on the Board of Directors and continue to serve as a special advisor on matters related to exploration. Ms. Tracey Henderson will assume the role of Chief Exploration Officer upon Mr. Maxted’s retirement.
New partnerships are emerging in the global hunt for oil discoveries, with some explorers essentially offering an outsourcing service for the riskiest part of the energy business. Central to this new strategy are efforts to find an ally earlier in the process of discovering new fields, and on a larger scale, in order to save money as budgets remain tight after the oil price slump of 2014. While giants such as Total and Eni revamp exploration in-house, BP and Royal Dutch Shell have been more open to having partners do the heavy lifting of exploration in certain geographies.
BP discovers additional 400 million barrels of oil in place at the Atlantis field through advanced seismic imaging and reservoir characterization.
A total of 16 upstream energy players have applied for exploring one or more of the five prospective blocks, located off the coast of Ghana.
From the Tortue field, with estimated 15 trillion cubic feet of recoverable natural gas resources, BP expects its FLNG facility to produce 2.5 million tonnes of LNG annually.
Kosmos Energy (KOS) and its partners expect the FLNG facility for Phase 1 to provide about 2.5 million tons per annum on average.
Kosmos Energy (KOS)(KOS.L) and its partners announced today that a Final Investment Decision (FID) for Phase 1 of the Greater Tortue Ahmeyim project has been agreed. The decision was made by Kosmos, BP, Petrosen and SMHPM following a meeting to agree final elements held in Nouakchott between President Mohamed Ould Abdel Aziz of Mauritania and President Macky Sall of Senegal. The Greater Tortue Ahmeyim project will produce gas from a deepwater subsea system and mid-water FPSO to a floating liquefied natural gas (FLNG) facility at a nearshore hub located on the Mauritania and Senegal maritime border.
The capital markets day will be available via telephone and video webcast and will include a presentation with slides available on the Company’s website. As an ethical and transparent company, Kosmos is committed to doing things the right way.
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]
Oil prices dipped in early trading, but the next few days will be volatile due to escalating geopolitical concerns and trade war tensions
NEW YORK, Nov. 29, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
As oil prices continue to fall Saudi Arabia is increasingly eager to cut production, but resistance from Russia and the U.S. may prove to be a problem
Norway's sovereign wealth fund, the world's largest, will no longer exclude Cairn Energy Plc (CNE.L) and Kosmos Energy Ltd (KOS.N) from its portfolio of investments, the Norwegian central bank said on Tuesday. The fund was created from the proceeds of Norway’s oil industry and operates under ethical guidelines set by parliament. It owns shares in 9,100 companies, 1.4 percent of the world’s listed equity, so its decisions to drop or reinstate firms from its investments carry considerable weight among investors.
Norway's sovereign wealth fund, the world's largest, will no longer exclude Cairn Energy Plc and Kosmos Energy Ltd from its portfolio of investments, the Norwegian central bank said on Tuesday. The companies were excluded in 2016 based on advice from the fund's ethics watchdog, which found "an unacceptable risk related to petroleum prospecting off the coast of Western Sahara".
Kosmos Energy Ltd. (“Kosmos”) (KOS) announced today the pricing of a previously announced underwritten public offering of 15 million of its common shares (the “Offering”), all of which were offered by funds affiliated with Warburg Pincus LLC (the “Selling Shareholder”). The Selling Shareholder has granted the underwriter an option to purchase up to an additional 2.25 million common shares on the same terms and conditions, exercisable within 30 days. The Offering is expected to close on November 29, 2018, subject to customary closing conditions.
Kosmos Energy Ltd. (“Kosmos”) (KOS) announced today that funds affiliated with Warburg Pincus LLC (“Warburg Pincus” or the “Selling Shareholder”), have agreed to sell an aggregate of 15 million of Kosmos’s common shares in a registered underwritten public offering (the “Offering”). The Selling Shareholder expects to grant the underwriter an option to purchase up to an additional 2.25 million common shares on the same terms and conditions, exercisable within 30 days. Kosmos will not receive any of the proceeds from the sale of the common shares. Barclays is acting as the underwriter of the Offering.
Similarities in geography and some early exploratory successes could indicate that the West-African Senegal basin has a similar hydrocarbon potential to the world’s hottest exploration frontier: Guyana