Kosmos Energy (KOS) Reports Q2 adj.-Loss of $0.11/Share

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Go back to Kosmos Energy (KOS) Reports Q2 adj.-Loss of $0.11/Share

Kosmos Energy Announces Second Quarter Results

August 8, 2016 6:50 AM EDT

DALLAS--(BUSINESS WIRE)-- Kosmos Energy Ltd. (Kosmos) (NYSE: KOS) announced today financial and operating results for the second quarter of 2016. For the second quarter of 2016, the Company generated a net loss of $108.3 million, or $0.28 per diluted share as compared to a net loss of $75.2 million or $0.20 per share in the same period last year. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss(1) of $43.8 million or $0.11 per diluted share for the second quarter of 2016.

Commenting today, Andrew G. Inglis, chairman and chief executive officer, said:

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