Kosmos Energy (KOS) Tops Q2 EPS by 6c

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Kosmos Energy Announces First Quarter 2018 Results

May 7, 2018 2:00 AM EDT

DALLAS--(BUSINESS WIRE)-- Kosmos Energy Ltd. (Kosmos) (NYSE: KOS) announced today financial and operating results for the first quarter of 2018. For the first quarter of 2018, the Company generated a net loss of $50.2 million, or $0.13 per diluted share as compared to net loss of $28.8 million or $0.07 per diluted 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 $23.2 million or $0.06 per diluted share for the first quarter of 2018.

Kosmos is off to a good start in 2018 across all three areas... More