Kosmos Energy Ltd. (KOS) Tops Q3 EPS by 6c

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Kosmos Energy Announces Third Quarter 2015 Results

November 2, 2015 6:50 AM EST

DALLAS--(BUSINESS WIRE)-- Kosmos Energy Ltd. (Kosmos) (NYSE: KOS) announced today financial and operating results for the third quarter of 2015, which included net income of $60.3 million, or $0.15 per diluted share, as compared to net income of $19.1 million, or $0.05 per diluted share in the same quarter last year. When adjusted for certain items that impact the comparability of results, the Company generated adjusted net income(1) of $7.4 million or $0.02 per diluted share for the third quarter of 2015.

Highlights for the quarter ended September 30, 2015, include:

Sold 1.9 million barrels of oil, net to Kosmos... More