Kosmos Energy (KOS) Tops Q4 EPS by 16c, Revenues Beat
Kosmos Energy (NYSE: KOS) reported Q4 EPS of $0.02, $0.16 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $366.32 million versus the consensus estimate of $308.8 million.
FOURTH QUARTER 2020 HIGHLIGHTS
- Net Production(2) - 60,200 barrels of oil equivalent per day (boepd) with sales of 71,200 boepd
- Revenues - $274 million, or $41.84 per boe
- Production expense - $104 million, or $15.85 per boe
- General and administrative expenses - $15 million, $9 million cash expense and $6 million non-cash
- Capital expenditures:
- $46 million Base Business capital expenditures
- $75 million Mauritania and Senegal, primarily accrued non-cash capital expenditures
- Net cash provided by operating activities - $175 million; free cash flow1 - $99 million
For earnings history and earnings-related data on Kosmos Energy (KOS) click here.
