Kosmos Energy announced it will release its first quarter 2026 earnings on May 5, 2026, followed by a conference call at 11:00 a.m. ET. The deepwater exploration and production company operates assets offshore in Ghana, Equatorial Guinea, Mauritania, Senegal, and the Gulf of America.

Kosmos Energy priced a public offering of 97.5 million shares at $1.90 per share, generating $185.25 million in gross proceeds. The company plans to use the net proceeds to repay outstanding commercial debt and other borrowings. The offering is expected to close on March 12, 2026, with Barclays and Stifel serving as joint book-running managers.

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.