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Kosmos Energy Announces Fourth Quarter and Full Year 2024 Results

1. Kosmos Energy reported Q4 net loss of $7M; adjusted loss $16M. 2. Q4 results reveal operational challenges; performance highlights offer minimal optimism.

Earnings
-9.43%Current Return
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-0.46%S&P 500
$3.1802/24 02:23 AM EDTEvent Start
$2.8802/25 09:07 AM EDTLatest Updated
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FAQ

Why Neutral?

The Q4 losses are minor and in line with expectations, similar to past quarters that produced limited market reactions. Historically, earnings reports with small losses have had a muted immediate effect on stock price.

How important is it?

Earnings reports are crucial events; however, the modest losses suggest a moderate impact on KOS overall.

Why Short Term?

Earnings announcements typically affect trading in the near term, although long-term fundamentals remain unchanged. Previous similar releases have led to transient volatility.

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DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the fourth quarter of 2024. For the quarter, the Company generated a net loss of $7 million, or $0.01 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss(1) of $16 million, or $0.03 per diluted share for the fourth quarter of 2024. FOURTH QUARTER 2024 HIGHLIGHTS Zero los.

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