Kosmos Energy (KOS) to Release Earnings on Monday

Kosmos Energy (NYSE:KOS) is anticipated to announce its earnings results before the market opens on Monday, February 24th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $387.60 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Kosmos Energy Stock Up 1.5 %

Shares of Kosmos Energy stock opened at $3.15 on Monday. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The company has a 50-day moving average of $3.36 and a 200 day moving average of $3.93. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of 7.15, a PEG ratio of 4.69 and a beta of 2.41. Kosmos Energy has a 1 year low of $2.62 and a 1 year high of $6.58.

Analyst Ratings Changes

Several research analysts recently issued reports on KOS shares. Jefferies Financial Group reiterated a “buy” rating and issued a $5.60 price target on shares of Kosmos Energy in a research note on Wednesday, December 18th. Sanford C. Bernstein decreased their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a research note on Tuesday, November 5th. Benchmark cut their price objective on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Finally, Mizuho cut their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Kosmos Energy currently has an average rating of “Moderate Buy” and an average price target of $5.52.

Insider Activity at Kosmos Energy

In other news, CAO Ronald W. Glass sold 10,354 shares of the firm’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $3.12, for a total transaction of $32,304.48. Following the sale, the chief accounting officer now owns 299,498 shares of the company’s stock, valued at $934,433.76. This trade represents a 3.34 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Nealesh D. Shah sold 56,987 shares of the firm’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $3.12, for a total transaction of $177,799.44. Following the sale, the chief financial officer now directly owns 1,711,580 shares in the company, valued at approximately $5,340,129.60. The trade was a 3.22 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 503,970 shares of company stock valued at $1,572,386. 2.02% of the stock is owned by insiders.

About Kosmos Energy

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company’s primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal.