Kosmos Energy (NYSE:KOS) issued its earnings results on Sunday. The oil and gas producer reported ($0.12) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.14) by $0.02, MarketWatch Earnings reports. Kosmos Energy had a negative return on equity of 41.86% and a negative net margin of 45.99%.
Shares of NYSE:KOS traded up $0.17 on Tuesday, reaching $2.99. The company had a trading volume of 11,186,284 shares, compared to its average volume of 7,747,731. Kosmos Energy has a twelve month low of $0.50 and a twelve month high of $4.79. The stock has a 50-day moving average price of $2.70 and a 200 day moving average price of $1.82. The stock has a market capitalization of $1.21 billion, a P/E ratio of -2.46 and a beta of 3.77. The company has a quick ratio of 0.80, a current ratio of 1.05 and a debt-to-equity ratio of 5.15.
KOS has been the subject of several recent analyst reports. Zacks Investment Research cut Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Thursday, February 18th. The Goldman Sachs Group raised Kosmos Energy from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $2.40 to $4.50 in a research report on Tuesday. Berenberg Bank reissued a “buy” rating on shares of Kosmos Energy in a research report on Wednesday, December 9th. Panmure Gordon began coverage on Kosmos Energy in a research report on Wednesday, December 16th. They set a “buy” rating and a $2.89 price objective for the company. Finally, Renaissance Capital cut Kosmos Energy from a “buy” rating to a “hold” rating and set a $2.30 price objective for the company. in a research report on Wednesday, December 16th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $2.78.
Kosmos Energy Ltd., a deepwater independent oil and gas exploration and production company, focuses along the Atlantic Margins. The company's primary assets include production offshore Ghana, Equatorial Guinea, and U.S. Gulf of Mexico, as well as a gas development offshore Mauritania and Senegal.
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