Kosmos Energy (KOS) Tops Q2 EPS by 10c

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Kosmos Energy Announces Second Quarter 2020 Results

August 3, 2020 2:00 AM EDT

DALLAS--(BUSINESS WIRE)-- Kosmos Energy Ltd. (Kosmos) (NYSE: KOS) announced today the financial and operating results for the second quarter of 2020. For the quarter, the Company generated a net loss of $199 million, or $0.49 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss(1) of $95 million or $0.23 per diluted share for the second quarter of 2020.

SECOND QUARTER 2020 HIGHLIGHTS

Net Production(2) - 60,100 barrels of oil equivalent per day (boepd) with sales of 67,100... More