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Kosmos Energy (KOS) Prices 37.5M Share Offering at $3.30/sh

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Berenberg Upgrades Kosmos Energy (KOS) to Buy

October 15, 2021 3:38 AM EDT

Berenberg analyst Ilkin Karimli upgraded Kosmos Energy (NYSE: KOS) from Hold to Buy.


For an analyst ratings summary and ratings history on Kosmos Energy click here. For more ratings news on Kosmos Energy click here.


Shares of Kosmos Energy closed at $3.55 yesterday.

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Berenberg Upgrades Kosmos Energy (KOS:LN) (KOS) to Buy

October 15, 2021 2:30 AM EDT

Berenberg analyst Henry Tarr upgraded Kosmos Energy (KOS:LN) (NYSE: KOS) from Hold to Buy with a price target of GBP2.80 (from GBP2.00).

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Kosmos Energy (KOS) Acquires Additional Ghana Stakes for $550M

October 13, 2021 5:00 PM EDT

Kosmos Energy (NYSE : KOS) announced today that it has acquired an additional 18.0% interest in the Jubilee field and an additional 11.0% interest in the TEN fields in Ghana from Occidental Petroleum (OXY) for a purchase price of $550 million with an effective date of April 1, 2021. Consideration due to OXY at completion was approximately $460 million after taking into account closing... More

Kosmos Energy (KOS) Launches 37.5M Share Offering

October 13, 2021 4:59 PM EDT

Kosmos Energy Ltd. (NYSE: KOS) announced today that is has launched a registered underwritten public offering of 37,500,000 shares of common stock (the Offering). In addition, Kosmos intends to grant the underwriters a 30-day option to purchase up to an additional 5,625,000 shares of common stock at the public offering price less underwriting discounts.

Kosmos intends to use the net proceeds from this offering to repay outstanding borrowings under its commercial debt facility, including borrowings incurred to finance a... More