Kosmos Energy posted a Q3 2025 net loss of $124 million despite increased production and reduced expenses. Impairment of a Gulf of Mexico well and timing of cargo sales contributed to weaker financials. The company continues to advance major projects while focusing on cost reductions and balance sheet strengthening.
Kosmos Energy posted a net loss of $88 million for Q2 2025, with revenues declining compared to the prior year. Despite this, the company made significant operational progress including achieving commercial operations at its GTA LNG project.
Kosmos Energy posted a net loss of $111 million in Q1 2025, with revenues down due to reduced production and underliftings. Despite this, the company successfully exported its first LNG cargo post-quarter, maintained liquidity, and reiterated its full-year production guidance.
Kosmos Energy posted a net loss of $7 million in Q4 2024, or $0.01 per share, with an adjusted net loss of $16 million ($0.03 per share). Revenue for the quarter stood at $398 million, driven by oil and gas sales. The company achieved first gas production at the GTA LNG project and secured future drilling projects. Free cash flow was $14 million, while net debt stood at $2.7 billion.
Kosmos Energy announced its Q3 2024 earnings, demonstrating a strong performance with increased revenue and profitability compared to the previous year. The company benefited from higher production volumes and favorable market conditions, particularly in oil and gas prices. Strategic investments and operational efficiencies contributed to the positive results.
Kosmos Energy announced its Q2 2024 results, showcasing a robust financial performance with significant revenue and earnings growth compared to the previous year. The company benefited from increased production volumes and favorable market conditions, particularly in oil and gas prices. Kosmos Energy also provided forward guidance, outlining its strategic priorities and expectations for the remainder of the year.
Kosmos Energy reported a net loss of $48 million in Q1 2024, compared to a net income of $79 million in Q1 2023. Revenue decreased to $148 million from $205 million in the prior-year quarter. The company reaffirmed its 2024 production guidance of 49,000-53,000 barrels of oil equivalent per day (boepd) and provided updates on its key projects, including Winterfell and Tiberius.