Wall Street Zen upgraded shares of Kosmos Energy (NYSE:KOS – Free Report) from a hold rating to a buy rating in a report released on Saturday morning.
Several other equities research analysts also recently issued reports on the company. Royal Bank Of Canada downgraded Kosmos Energy to a “neutral” rating in a report on Wednesday, May 27th. Mizuho upgraded Kosmos Energy to a “strong sell” rating in a research report on Friday, July 31st. Stephens lowered their target price on Kosmos Energy from $3.00 to $2.40 and set an “equal weight” rating for the company in a research note on Tuesday, July 21st. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kosmos Energy in a research note on Monday, August 3rd. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Kosmos Energy currently has an average rating of “Reduce” and a consensus target price of $2.53.
Check Out Our Latest Analysis on Kosmos Energy
Kosmos Energy Trading Up 0.4%
Kosmos Energy (NYSE:KOS – Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The oil and gas producer reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.02. Kosmos Energy had a negative net margin of 33.98% and a negative return on equity of 17.73%. The company had revenue of $607.25 million during the quarter, compared to analyst estimates of $483.23 million. Equities research analysts anticipate that Kosmos Energy will post 0.45 EPS for the current year.
Insider Transactions at Kosmos Energy
In other news, CEO Andrew G. Inglis sold 85,935 shares of the business’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $2.05, for a total value of $176,166.75. Following the sale, the chief executive officer directly owned 4,678,043 shares in the company, valued at $9,589,988.15. The trade was a 1.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Josh R. Marion sold 24,969 shares of the company’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $2.05, for a total value of $51,186.45. Following the transaction, the senior vice president directly owned 233,404 shares of the company’s stock, valued at $478,478.20. This represents a 9.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 294,580 shares of company stock worth $689,275. 1.90% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Kosmos Energy
Several institutional investors have recently bought and sold shares of the company. Equinox Partners Investment Management LLC grew its stake in shares of Kosmos Energy by 6.2% during the 1st quarter. Equinox Partners Investment Management LLC now owns 20,678,033 shares of the oil and gas producer’s stock worth $57,485,000 after acquiring an additional 1,208,053 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Kosmos Energy by 9.2% in the first quarter. First Trust Advisors LP now owns 7,694,248 shares of the oil and gas producer’s stock worth $21,390,000 after purchasing an additional 646,052 shares in the last quarter. Dalton Investments Inc. bought a new stake in shares of Kosmos Energy in the fourth quarter worth $454,000. Dimensional Fund Advisors LP boosted its holdings in Kosmos Energy by 20.5% during the first quarter. Dimensional Fund Advisors LP now owns 7,083,075 shares of the oil and gas producer’s stock worth $19,699,000 after purchasing an additional 1,204,789 shares during the last quarter. Finally, SG Americas Securities LLC boosted its holdings in Kosmos Energy by 494.9% during the first quarter. SG Americas Securities LLC now owns 722,891 shares of the oil and gas producer’s stock worth $2,010,000 after purchasing an additional 601,368 shares during the last quarter. Institutional investors own 95.33% of the company’s stock.
Kosmos Energy Company Profile
Kosmos Energy Ltd. is an independent oil and gas exploration and production company headquartered in Dallas, Texas. Since its founding in 2003, the company has focused on identifying and developing hydrocarbon reserves in frontier and emerging basins around the world. Kosmos combines geological and geophysical expertise with a disciplined approach to acreage acquisition and partner selection to pursue high‐impact offshore exploration opportunities.
The company’s portfolio is anchored by assets in West Africa and the Gulf of Mexico.
Featured Stories
- Five stocks we like better than Kosmos Energy
- Quantum Earnings Week: Winners and Losers Are Finally Emerging
- Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth
- Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside
- AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish
Receive News & Ratings for Kosmos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kosmos Energy and related companies with MarketBeat.com's FREE daily email newsletter.
