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Kosmos Energy (NYSE: KOS) According to Zacks, "Kosmos Energy Ltd. is an oil and gas exploration and production company focused on the under-explored regions of Africa."
Several others badysts recently released reports on the company: Royal Bank of Canada upgraded Kosmos Energy from a sectoral performance rating to a higher rating and set a $ 10 price target for the company in a report Thursday On July 5, Jefferies Financial Group upgraded Kosmos Energy from a standby note to a purchase note and increased its price target for the company from $ 5.15 to $ 8.62 on Monday. June 11. note in a repo rt on Saturday, June 2. TheStreet has raised Kosmos Energy from a ra ting d + to a rating c in a report on Wednesday, May 16th. Finally, Barclays pbaded Kosmos Energy a weight rating equal to an overweight and set a price target of $ 9.00 for the company in a report on Thursday, May 17th. Three financial badysts gave a rating to the stock and eleven attributed a purchase grade to the company. Kosmos Energy has a Buy consensus rating and a consensus price target of $ 9.34.
KOS stock opened at $ 7.62 on Friday. The company has a market capitalization of $ 3.14 billion, a capitalization ratio of -23.09 and a beta of 1.56. The company has a debt ratio of 1.50, a ratio of 1.25 and a ratio of 1.03. Kosmos Energy has a 52-week low of $ 5.15 and a high of $ 52.94 in 52 weeks.
Kosmos Energy (NYSE: KOS) last published its quarterly results on Monday, May 7th. The oil and gas producer reported earnings per share of $ 0.06 for the quarter, exceeding consensus badyst estimates by $ 0.07 ($ 0.13). Kosmos Energy had a negative return on equity of 11.16% and a negative net margin of 39.90%. The activity generated a business turnover of $ 127.18 million during the quarter, compared with $ 125.50 million by consensus. During the same period of the previous year, the company posted earnings per share of ($ 0.11). Company revenues for the quarter decreased 16.3% from one year to the next. Analysts predict that Kosmos Energy will post 0.09 earnings per share for the current fiscal year.
A number of large investors recently bought and sold KOS shares. Vaughan Nelson Investment Management LP strengthened its position in Kosmos Energy by 53.1% in the second quarter. Vaughan Nelson Investment Management LP now holds 16,722,490 shares of the oil and gas company valued at $ 138,295,000 after purchasing an additional 5,798,740 shares in the last quarter. Millennium Management LLC strengthened its position in Kosmos Energy by 335.9% in the first quarter. Millennium Management LLC now holds 5,225,419 shares of the oil and gas company valued at $ 32,920,000 after purchasing 4,026,583 additional shares in the last quarter. BlackRock Inc. strengthened its position in Kosmos Energy by 11.7% in the first quarter. BlackRock Inc. now holds 17,962,978 shares of oil and gas producers valued at $ 113,166,000 after purchasing 1,884,072 additional shares in the last quarter. Dimensional Fund Advisors LP strengthened its position in Kosmos Energy by 21.8% in the first quarter. Dimensional Fund Advisors LP now holds 10,136,511 shares of oil and gas producers valued at $ 63,860,000 after purchasing an additional 1,810,985 shares in the last quarter. Finally, the Texas Employee Retirement System purchased a new position in Kosmos Energy in Q1, valued at approximately $ 5,147,000. 97.81% of the stock is held by institutional investors.
About Kosmos Energy
Kosmos Energy Ltd. explores and produces oil and gas in Africa and South America. Its portfolio of badets includes production projects and other development projects off Ghana and Equatorial Guinea; and exploration potential off Mauritania and Senegal, as well as exploration licenses off Côte d'Ivoire, Equatorial Guinea, Morocco, Sao Tome and Principe and Suriname [19659004] Recommended History: Important Diversification in Investment
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