KOS Earnings Prediction
The chart below shows how KOS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, KOS sees a +4.85% change in stock price 10 days leading up to the earnings, and a +8.45% change 10 days following the report. On the earnings day itself, the stock moves by -2.49%. This data can give you a slight idea of what to expect for the next quarter's release.
KOS Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
407.79M
-22.52%
-9.56%
Gross Margin
37.66%
-22.33%
-19.17%
Operating Margin
27.21%
-33.81%
-27.01%
Net Margin
11.03%
-31.83%
-16.82%
EPS
0.09
-50.00%
-25.00%
No Data Available
KOS Earnings Analysis
Kosmos Energy Ltd. Corporation (KOS.N) Earnings Conference Call
Positive
Progress Towards Goal: We are making good progress towards that goal.
Production Milestones Achieved: In the Gulf of Mexico in the third quarter, we achieved first production at Winterfell, and completed two production enhancement projects at Kodiak and Odd Job both of which are performing well.
Drilling Campaign Progress: In Equatorial Guinea, the drilling campaign is underway, with the first of two wells online in October, the second one expected online later this month.
Akening Deep Well Update: We expect to spud Akeng Deep ILX well imminently, with a result by year-end.
Project Progress Update: In Mauritania and Senegal, the partnership has made good progress over the last three months, with the project now nearing startup.
Negative
Quarterly Oil Production: Gross Jubelee production in the quarter was around 87,600 barrels of oil per day, with year-to-date production at just under 90,000 barrels of oil per day.
Uptime and Voidage Replacement: FPSO uptime remained high at 99%, whilst voidage replacement although water injected to replace produced fluids, and maintain reservoir pressure was approximately 90% below the 100% target.
Quarterly Gas Production Decline: Third quarter gross gas production averaged 12,700 barrels of oil equivalent per day, which was lower quarter-on-quarter reflecting the planned downtime.
Seismic Survey Contract Announcement: The onshore gas processing plant, we planned last quarter. During the quarter, the partnership contracted a new 4D seismic survey, over the Jubilee field starting in early 2025.
Working Capital Fluctuations: The working capital benefit from the first half of the year, reversed in the third quarter, reflecting completion payments associated with projects delivered across the portfolio.
KOS FAQs
How does KOS typically perform around its earnings report dates?
Is Kosmos Energy Ltd. (KOS) Q3 2024 Earnings Call Summary positive or negative?
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KOS Earning Call Sentiment
Kosmos Energy Ltd. (KOS) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
KOS.N
-1.44%Positive
The earnings call summary and Q&A reveal mixed signals. Financial performance showed growth, but production challenges and high CapEx pose risks. Market strategy lacks clarity, and while shareholder returns are positive, the debt issuance and hedging introduce uncertainties. The market cap indicates moderate reaction potential. Overall, the sentiment is neutral, expecting stock price movement between -2% to 2%.
