Kosmos Energy (KOS) Tops Q4 EPS by 16c, Revenues Beat

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Go back to Kosmos Energy (KOS) Tops Q4 EPS by 16c, Revenues Beat

Kosmos Energy Announces Fourth Quarter and Full Year 2020 Results

February 22, 2021 2:00 AM EST

DALLAS--(BUSINESS WIRE)-- Kosmos Energy Ltd. (Kosmos) (NYSE: KOS) announced today its financial and operating results for the fourth quarter of 2020. For the quarter, the Company generated a net income of $8 million, or $0.02 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss(1) of $49 million or $0.12 per diluted share for the fourth quarter of 2020.

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... More