Kosmos Energy Ltd (KOS) Expected to Report Earnings of $ 0.06 Per Share for Fiscal Year 2018



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Kosmos Energy Ltd (NYSE: KOS) – Capital One Financial lowered its earnings per share (EPS) estimates for 2011 for Kosmos Energie shares in a research note published Wednesday (July 18th), Zacks Investment Research reports Capital One Financial badyst R. Tullis now expects the oil and gas producer to post earnings per share of $ 0.06 for the year, down from the forecast $ 0.10 Capital One Financial also issued earnings estimates for the fourth quarter of 2018 from Kosmos Energy at $ 0.06 per share.

A number of other badysts also rated KOS: ValuEngine downgraded Kosmos Energy shares In a research note released on Wednesday, Zacks Investment Research upgraded Kosmos Energy shares to "hold" to the "buy" rating and set Thursday a target price of $ 8.75 in a research note. Kosmos Energy's rating from a "buy" note to a "hold" note and set a target price of $ 7.00 on the stock. in a research note on Tuesday, May 8th. Barclays raised Kosmos Energy's shares from an "equal weight" rating to an "overweight" rating and set a target price of $ 9.00 on the stock in a research note on Thursday, May 17th. Finally, Royal Bank of Canada raised Kosmos Energy shares from a "sector perform" to an "outperformance" and set a price target of $ 10.00 on the stock in a research note on Thursday. July the 5th. Three equity research badysts gave a rating to the stock and eleven awarded a purchase grade to the company. Kosmos Energy currently has an average rating of "Buy" and an average price target of $ 9.34.

KOS shares lost $ 0.15 during trading hours on Friday, reaching $ 7.62. 1,537,549 shares were exchanged for an average volume of 2,566,481. The company has a debt ratio of 1.50, a ratio of 1.03 and a ratio of 1.25. Kosmos Energy has a 12-month low with $ 5.15 and a high of $ 12.94 in 12 months. The company has a market capitalization of $ 3.14 billion, a price / earnings ratio of -23.09 and a beta of 1.56.

Kosmos Energy (NYSE: KOS) released its results on Monday, May 7th. The oil and gas producer reported earnings per share of $ 0.06 for the quarter, up $ 0.07 from Zacks' consensus estimate ($ 0.13). Kosmos Energy had a negative net margin of 39.90% and a negative return on equity of 11.16%. The company achieved a turnover of 127.18 million dollars for the quarter, against 125.50 million for badysts. During the same period of the previous year, the company earned ($ 0.11) earnings per share. The quarterly business turnover of the company is down 16.3% over the same quarter of last year.

Institutional investors have recently changed their positions in the company. HBK Investments L P bought a new position in Kosmos Energy in the fourth quarter, valued at approximately $ 201,000. Rhumbline Advisers increased its stake in Kosmos Energy by 9.0% in the first quarter. Rhumbline Advisers now holds 192,500 shares in the oil and gas company valued at $ 1,213,000 after purchasing 15,910 additional shares in the last quarter. Two investments Sigma LP bought a new position in Kosmos Energy in the fourth quarter, valued at approximately $ 2,765,000. Virtu Financial LLC acquired a new equity interest in Kosmos Energy in the fourth quarter, valued at approximately $ 204,000. Finally, Jane Street Group LLC strengthened its equity holdings in Kosmos Energy by 46.1% in the fourth quarter. Jane Street Group LLC now holds 122,331 shares of oil and gas producers valued at $ 838,000 after acquiring an additional 38,621 shares during the period. Institutional investors hold 97.81% of the shares of the company.

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 From Suriname

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