Kosmos Energy reported a Q2 2025 adjusted net loss of $0.19 per share, missing analyst expectations. Revenue was $393 million, down 12.9% year-over-year, with production challenges at key projects in Ghana, Mauritania, and Senegal.

Oil prices plunged over 5% as Israel's pledge to avoid targeting Iran's oil infrastructure eased fears of supply disruptions in the Middle East. Energy stocks declined, while airlines and cruise lines rallied on the prospect of lower fuel costs.

The global deepwater and ultra-deepwater exploration and production market is expected to grow at a CAGR of 6.87% from 2020-2023, reaching $96.27 billion by 2030. This growth is driven by increasing energy demand, depletion of conventional resources, and advancements in drilling technology.

Kosmos Energy, a Dallas-based oil and gas company, announced the departure of its Senior Vice President, General Counsel, and Corporate Secretary, Jason E. Doughty. Josh R. Marion has been appointed to succeed him in these positions.

U.S. energy stocks, as tracked by the Energy Select Sector SPDR Fund (NYSE:XLE), have recently formed what analysts term a “golden cross” as the 50-day moving average crossed above the 200-day moving average. For U.S. energy stocks, this golden cross signifies the continuation of the existing uptrend, which commenced around mid-January 2024. When the short-term moving average rises above the long-term moving average it suggests a strengthening of recent price action, potentially prompting investors to view this as a bullish signal for the trend’s extension. The last occurrence of a golden cross in U.S. energy stocks was ...Full story available on Benzinga.com

DAVA, KOS and LVRO have been added to the Zacks Rank #5 (Strong Sell) List on March 8, 2023.

U.S. stocks were slightly higher, with the Nasdaq Composite gaining around 10 points on Monday. Shares of Surgery Partners, Inc. (NASDAQ: SGRY) fell sharply during Monday’s session following weak quarterly sales. Surgery Partners posted adjusted earnings of 44 cents per share, versus market estimates of 38 cents per share. The company’s quarterly sales came in at $735.40 million missing expectations of $741.40 million, according to data from Benzinga Pro. Surgery Partners shares tumbled 7.8% to $30.43 on Monday. Here are some other big stocks recording losses in today’s session. Intuitive Machines, Inc. (NASDAQ: LUNR) dipped 25.1% to $7.18 ...

The CNN Money Fear and Greed index remained in the "Fear" zone on Monday. U.S. stocks closed slightly higher on Monday, with the Nasdaq Composite recording gains for seven days for the first time since January. Last week, the Dow Jones recorded its biggest weekly gain since Oct. 2022, while the S&P notched its best week since Nov. 2022. Last week, the U.S. Federal Reserve kept rates unchanged for a second consecutive meeting. Yields also moved higher, with the 10-year Treasury yield gaining to 4.653% on Monday. Kosmos Energy Ltd (NYSE: KOS) reported better-than-expected earnings for its third ...

U.S. stocks turned lower toward the end of trading, with the Dow Jones falling around 50 points on Monday The Dow traded down 0.16% to 34,007.81 while the NASDAQ fell 0.08% to 13,467.42. The S&P 500 also fell, dropping, 0.13% to 4,352.49. Check This Out: Top 5 Health Care Stocks That May Fall Off A Cliff This Month   Leading and Lagging Sectors   Health care shares jumped by 0.7% on Monday. In trading on Monday, real estate shares fell by 1.7%.   Top Headline   Kosmos Energy Ltd (NYSE: KOS) reported better-than-expected earnings for its third quarter on Monday. Kosmos Energy reported third-quarter (Q3) 2023 revenue of $526.5 million, beating the consensus of $457.4 million. Adjusted EPS of 26 cents, surpassing the consensus of $0.21. For FY23, the company now expects capital expenditure of ~$800 million (vs. $700 million - $750 million earlier) and production of ~63,000 boe per day (vs. 65,000 - 69,000 boe per day prior).   Equities Trading UP   Carbon Revolution Public Limited (NASDAQ: CREV) shares shot up 204% to ...

BP-operated Yakaar-Teranga Phase 1 represents a conventional gas development in the ultra-deepwater region of Senegal.

Bernstein analyst Bob Brackett assessed the performance and changed several North American oil & gas exploration and production (E&Ps) companies' ratings amid the macro environment.  The analyst continues to expect the E&P of hydrocarbons (crude oil, natural gas, and coal) to remain a strong industry for several decades. In particular, the analyst projects oil-focused E&Ps to achieve higher average prices through the cycle but continues to face the cycle nonetheless. Brackett updated forecasts by marking 2023 crude prices to market at $80/bbl and implemented the updated international gas price deck, which places TTF at $15/mmbtu in 2025.  Brackett maintained an Outperform rating on both Hess Corp (NYSE: HES) and ConocoPhillips (NYSE: COP) and raised the price target to $189 (from $185) and $143 (from $139), respectively. He sees these companies performing well despite falling oil prices.  HES: The analyst cites HES' ~30% working interest in the high-quality Stabroek block offshore Guyana and partnership with other major oil companies as driving factors for volume and cash flow. The analyst expects HES to return about half its current market cap through dividends and buybacks through 2030. Brackett estimates adjusted EPS of $5.99 (vs. $7.29 prior) in FY23 and $11.86 (vs. $12.11 earlier) in FY24.  COP: ...Full story available on Benzinga.com

Upgrades According to Wolfe Research, the prior rating for TC Energy Corp (NYSE:TRP) was changed from Underperform to Peer Perform. For the second quarter, TC Energy had an EPS of $0.71, compared to year-ago quarter EPS of $0.78. The current stock performance of TC Energy shows a 52-week-high of $49.50 and a 52-week-low of $32.52. Moreover, at the end of the last trading period, the closing price was at $35.34. For MYR Group Inc (NASDAQ:MYRG), Sidoti & Co. upgraded the previous rating of Neutral to Buy. MYR Group earned $1.33 in the second quarter, compared to $1.15 in the year-ago quarter. At the moment, the stock has a 52-week-high of $156.63 and a 52-week-low of $76.98. MYR Group closed at $131.43 at the end of the last trading period. For Arcosa Inc (NYSE:ACA), Sidoti & Co. upgraded the previous rating of Neutral to Buy. In the second quarter, Arcosa showed an EPS of $0.76, compared to $0.83 from the year-ago quarter. At the moment, the stock has a 52-week-high of $79.38 and a 52-week-low of $52.04. Arcosa closed at $69.57 at the end of the last trading period. For Vitesse Energy Inc (NYSE:VTS), Northland Capital Markets upgraded the previous rating of Market Perform to Outperform. In the second quarter, Vitesse Energy showed an EPS of $0.35, compared to $0.04 from the year-ago quarter. The current stock performance of Vitesse Energy shows a 52-week-high of $27.39 and a 52-week-low of $13.90. Moreover, at the end of the last trading period, the closing price was at $23.56. For Sunnova Energy International Inc (NYSE:NOVA), Citigroup upgraded the previous rating of Neutral to Buy. Sunnova Energy Intl earned $0.74 in the second quarter, compared to $0.32 in the year-ago quarter. The stock has a 52-week-high of $24.81 and a 52-week-low of $8.35. At the end of the last trading period, Sunnova Energy Intl closed at $10.53. Barclays upgraded the previous rating for Cactus Inc (NYSE:WHD) from Equal-Weight to Overweight. Cactus earned $0.84 in the second quarter, compared to $0.44 in the year-ago quarter. The current stock performance of Cactus shows a 52-week-high of $58.17 and a 52-week-low of $31.36. Moreover, at the end of the last trading period, the closing price was at $49.11. Barclays upgraded the previous rating for ChampionX Corp (NASDAQ:CHX) from Equal-Weight to Overweight. In the second quarter, ChampionX showed an EPS of $0.49, compared to $0.28 from the year-ago quarter. The current stock performance of ChampionX shows a 52-week-high of $38.37 and a 52-week-low of $20.88. Moreover, at the end of the last trading period, the closing price was at $33.60. Exane BNP Paribas upgraded the previous rating for Mondelez International Inc (NASDAQ:MDLZ) from Neutral to Outperform. In the second quarter, Mondelez International showed an EPS of $0.76, compared to $0.67 from the year-ago quarter. At the moment, the stock has a 52-week-high of $78.59 and a 52-week-low of $56.38. Mondelez International closed at $62.62 at the end of the last trading period. Wells Fargo upgraded the previous rating for Air Products & Chemicals Inc (NYSE:APD) from Equal-Weight to Overweight. In the third quarter, Air Products & Chemicals showed an EPS of $2.98, compared to $2.62 from the year-ago quarter. At the moment, the stock has a 52-week-high of $328.24 and a 52-week-low of $232.29. Air Products & Chemicals closed at $287.12 at the end of the last trading period. According to Wells Fargo, the prior rating for Consolidated Edison Inc (NYSE:ED) was changed from Underweight to Equal-Weight. Consolidated Edison earned $0.61 in the second quarter, compared to $0.64 in the year-ago quarter. The current stock performance of Consolidated Edison shows a 52-week-high of $100.92 and a 52-week-low of $80.46. Moreover, at the end of the last trading period, the closing price was at $88.66. According to Citigroup, the prior rating for Progressive Corp (NYSE:PGR) was changed from Sell to Neutral. In the third quarter, Progressive showed an EPS of $2.09, compared to $0.52 from the year-ago quarter. The stock has a 52-week-high of $158.17 and a 52-week-low of $111.41. At the end of the last trading period, Progressive closed at $157.05. JP Morgan upgraded the previous rating for CyberArk Software Ltd (NASDAQ:CYBR) from Neutral to Overweight. CyberArk Software earned $0.03 in the second quarter, compared to $0.27 in the year-ago quarter. The current stock performance of CyberArk Software shows a 52-week-high of $174.94 and a 52-week-low of $113.19. Moreover, at the end of the last trading period, the closing price was at $164.92. JP Morgan upgraded the previous rating for Viasat Inc (NASDAQ:VSAT) from Neutral to Overweight. In the first quarter, Viasat showed an EPS of $0.00, compared to $0.14 from the year-ago quarter. The stock has a 52-week-high of $47.35 and a 52-week-low of $15.02. At the end of the last trading period, Viasat closed at $19.69. Wolfe Research upgraded the previous rating for Broadridge Financial Solutions Inc (NYSE:BR) from Underperform to Peer Perform. For the fourth quarter, Broadridge Financial Soln had an EPS of $3.21, compared to year-ago quarter EPS of $2.65. The current stock performance of Broadridge Financial Soln shows a 52-week-high of $189.69 and a 52-week-low of $131.44. Moreover, at the end of the last trading period, the closing price was at $179.60. According to Wolfe Research, the prior rating for Fidelity National Information Services Inc (NYSE:FIS) was changed from Peer Perform to Outperform. For the second quarter, Fidelity National Info had an EPS of $1.55, compared to year-ago quarter EPS of $1.73. At the moment, the stock has a 52-week-high of $85.17 and a 52-week-low of $48.57. Fidelity National Info closed at $52.60 at the end of the last trading period. For WEX Inc (NYSE:WEX), Wolfe Research upgraded the previous rating of Peer Perform to Outperform. WEX earned $3.63 in the second quarter, compared to $3.71 in the year-ago quarter. The stock has a 52-week-high of $204.06 and a 52-week-low of $136.02. At the end of the last trading period, WEX closed at $191.21. Morgan Stanley upgraded the previous rating for Hannon Armstrong Sustainable Infrastructure Capital Inc (NYSE:HASI) from Equal-Weight to Overweight. In the second quarter, Hannon Armstrong showed an EPS of $0.53, compared to $0.60 from the year-ago quarter. The current stock performance of Hannon Armstrong shows a 52-week-high of $39.67 and a 52-week-low of $13.22. Moreover, at the end of the last trading period, the closing price was at $17.35. Morgan Stanley upgraded the previous rating for Array Technologies Inc (NASDAQ:ARRY) from Underweight to Equal-Weight. In the second quarter, Array Technologies showed an EPS of $0.47, compared to $0.09 from the year-ago quarter. The current stock performance of Array Technologies shows a 52-week-high of $26.64 and a 52-week-low of $13.86. Moreover, at the end of the last trading period, the closing price was at $18.67. According to Morgan Stanley, the prior rating for Nabors Industries Ltd (NYSE:NBR) was changed from Equal-Weight to Overweight. For the second quarter, Nabors Industries had an EPS of $0.31, compared to year-ago quarter EPS of $9.41. The current stock performance of Nabors Industries shows a 52-week-high of $190.90 and a 52-week-low of $83.05. Moreover, at the end of the last trading period, the closing price was at $118.76. According to Baird, the prior rating for Sensient Technologies Corp (NYSE:SXT) was changed from Neutral to Outperform. Sensient Technologies earned $0.81 in the second quarter, compared to $0.92 in the year-ago quarter. At the moment, the stock has a 52-week-high of $79.19 and a 52-week-low of $52.90. Sensient Technologies closed at $53.40 at the end of the last trading period. Goldman Sachs upgraded the previous rating for Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) from Neutral to Buy. In the second quarter, Ollie's Bargain Outlet showed an EPS of $0.67, compared to $0.22 from the year-ago quarter. The stock has a 52-week-high of $80.94 and a 52-week-low of $44.77. At the end of the last trading period, Ollie's Bargain Outlet closed at $71.43. For Dollar Tree Inc (NASDAQ:DLTR), Goldman Sachs upgraded the previous rating of Neutral to Buy. For the second quarter, Dollar Tree had an EPS of $0.91, compared to year-ago quarter EPS of $1.60. At the moment, the stock has a 52-week-high of $170.36 and a 52-week-low of $102.77. Dollar Tree closed at $110.10 at the end of the last trading period. Mizuho upgraded the previous rating for Lennox International Inc (NYSE:LII) from Neutral to Buy. In the second quarter, Lennox Intl showed an EPS of $6.15, compared to $5.00 from the year-ago quarter. The stock has a 52-week-high of $393.02 and a 52-week-low of $211.25. At the end of the last trading period, Lennox Intl closed at $377.30. See all analyst ratings upgrades. Downgrades JP Morgan downgraded the previous rating for Guild Holdings Co (NYSE:GHLD) from Overweight to Neutral. In the second quarter, Guild Holdings showed an EPS of $0.15, compared to $0.23 from the year-ago quarter. At the moment, the stock has a 52-week-high of $13.41 and a 52-week-low of $8.37. Guild Holdings closed at $11.88 at the end of the last trading period. For Oportun Financial Corp (NASDAQ:OPRT), JP Morgan downgraded the previous rating of Overweight to Neutral. For the second quarter, Oportun Financial had an EPS of $0.06, compared to year-ago quarter EPS of $0.11. ...Full story available on Benzinga.com