Kosmos Energy Ltd. (KOS) Stock Price & Analysis
Kosmos Energy Ltd. (KOS) closed at USD 2.7 on Thursday, October 22, 2026, up 0.00% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 2.7; the Oct 22, 2026 session ranged USD 2.67–2.8 on volume of 12,897,727 shares. Market capitalization is $1.61B, with a 52-week range of USD 0.84–3.34 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 12:55 UTC.
Also available as compact Markdown for AI agents: nexqual.com/KOS.md
Key facts (KOS)
- Last four reported quarters (through Jun 30, 2026): revenue $1.58B, net income -$542M (-34.2% margin) (SEC filings).
- Insider open-market sales, last ~7 months: 7 Form 4 filings, $689K; 3 not under a Rule 10b5-1 plan ($343K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 2.77 on a 1–5 scale) (13 analysts), mean target USD 3.01 (range 1.9–4.7).
- Total return with dividends: 1Y +67.7% vs S&P 500 +14.9%; 5Y -31.6% vs S&P 500 +80.3%.
- Next earnings: 2026-11-02, EPS estimate USD 0.12, revenue estimate $420M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (KOS)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.34B | $2.26B | $1.72B | $1.68B | $1.29B | $1.58B |
| Net income | -$77.8M | $227M | $214M | $190M | -$700M | -$542M |
| EPS (diluted) | -$0.19 | $0.48 | $0.44 | $0.40 | -$1.47 | — |
| Free cash flow | -$550M | $519M | — | — | — | — |
| Net margin | -5.8% | 10.0% | 12.4% | 11.3% | -54.3% | -34.2% |
| Revenue growth | +66.6% | +68.7% | -23.9% | -2.5% | -23.1% | — |
| Cash + short-term investments | $132M | $183M | $95.3M | $85.0M | $91.5M | — |
| Total debt | $2.62B | $2.23B | $2.39B | $2.74B | $3.05B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (KOS)
P/S 1.0x · EV/Sales 2.6x · P/B 2.3x · Earnings yield -33.73% · Net debt $2.57B · EV $4.18B
P/E at fiscal year-ends: Dec 2024 8.6x, Dec 2023 15.1x.
Insider sales (SEC Form 4, open-market, last ~7 months) (KOS)
4 of 7 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-07-02 | Inglis Andrew G | Chairman and CEO | 85,935 | $176K | 1.8% | Yes | Too little history (no open-market trades in 2023) |
| 2026-07-02 | Shah Nealesh D. | SVP and CFO | 45,980 | $94K | 2.3% | Yes | Too little history (no open-market trades in 2023) |
| 2026-07-02 | Marion Josh R. | SVP and General Counsel | 24,969 | $51K | 9.7% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-07-02 | Glass Ronald W. | VP & Chief Accounting Officer | 12,128 | $25K | 3.3% | Yes | Too little history (no open-market trades in 2023) |
| 2026-05-28 | Franklin Roy A. | Director | 43,466 | $119K | 17% | No | Too little history (no open-market trades in 2024 or 2025) |
| 2026-05-27 | Grant John Douglas Kelso | Director | 43,466 | $119K | 23.1% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-05-27 | Sterin Steven | Director | 38,636 | $105K | 8.9% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (KOS)
Consensus Hold (mean 2.77 on a 1–5 scale), 13 analysts; mean target USD 3.01 (low 1.9, high 4.7).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-21 | Stephens & Co. | Target lowered | Equal-Weight | $3 → $2.4 |
Total return (dividends reinvested) (KOS)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +67.7% | -31.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +68.0% | -7.3% |
| Volatility (annualized) | 85.8% | 65.7% |
| Max drawdown | -47.9% (Oct 2025→Dec 2025) | -89.6% (May 2022→Dec 2025) |
KOS revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Ghana | $356.6M | 58.7% | +74.2% |
| Gulf of America | $111.4M | 18.4% | +8.1% |
| Mauritania/Senegal | $92.1M | 15.2% | +354.9% |
| Equatorial Guinea | $47.2M | 7.8% | -27.0% |
| Total revenue | $607.3M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
KOS suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Occidental Petroleum | “Kosmos continues to progress the development plan with our partner Occidental Petroleum Corporation ("Oxy") (50% working interest).” |
| Partner | Tullow Oil | “Tullow, BP, and Trident, our partners and the operators, respectively, of (i) the Jubilee Unit and the TEN Fields offshore Ghana, (ii) the Greater Tortue Ahmeyim Field offshore Mauritania and Senegal, and (iii) the Ceiba Field and Okume Complex offshore Equatorial Guinea, respectively, maintain Oil Spill Response Plans ("OSRP") covering the joint operations.” |
| Partner | Oil Spill Response | “Tullow, BP, and Trident, our partners and the operators, respectively, of (i) the Jubilee Unit and the TEN Fields offshore Ghana, (ii) the Greater Tortue Ahmeyim Field offshore Mauritania and Senegal, and (iii) the Ceiba Field and Okume Complex offshore Equatorial Guinea, respectively, maintain Oil Spill Response Plans ("OSRP") covering the joint operations.” |
Quoted from the company's 10-K filed Mar 2, 2026.
KOS customer concentration
In the period ended Jun 30, 2026, 2 direct customers each accounted for at least 10% (77%, 18%) of revenue, per the company's 10-Q filed Aug 3, 2026. The company does not name them.
KOS company outlook (results filed Aug 3, 2026)
- “Guidance excludes Equatorial Guinea from June 17, 2026 following the sale of the assets.”
- “(1) 3Q 2026 net cargo forecast – Ghana: 2.75 cargos.”
- “(2) 3Q 2026 gross cargo forecast - Mauritania & Senegal: 8 cargos.”
- “Kosmos expects 0.4 net condensate cargos in 3Q26 (3) Gulf of America Production: 3Q 2026 forecast 13,000 - 15,000 boe per day.”
Quoted word-for-word from the SEC 8-K results press release.
KOS analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.12 | $0.09 | +32.6% | $420.4M | 5 |
| Next quarter (ends Dec 2026) | $0.11 | $0.05 | +106.3% | $429.1M | 3 |
| Current fiscal year (ends Dec 2026) | $0.27 | $0.27 | -0.9% | $1.77B | 4 |
| Next fiscal year (ends Dec 2027) | $0.47 | $0.23 | +100.8% | $1.65B | 4 |
KOS options: expected move
Options price a move of about ±17.6% (±$0.48) by Nov 20, 2026, which includes earnings on Nov 2, 2026. Over the last 8 reports the stock moved ±5.8% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 75.9% | ±17.6% |
| Dec 18, 2026 | 56 | 69.3% | ±25.0% |
| Jan 15, 2027 | 84 | 72.3% | ±27.8% |
| Apr 16, 2027 | 175 | 76.2% | ±40.7% |
30-day implied volatility 72.5% vs 50.2% realized over the last 30 trading days. Put/call ratio (volume) 0.06. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 12:55 UTC)
| Price | USD 2.7 |
|---|---|
| Change | ▲ 0.00% (up) |
| Previous Close | USD 2.7 |
| Open | USD 2.72 |
| Day Range | USD 2.67 – 2.8 |
| 52-Week Range | USD 0.84 – 3.34 |
| Volume | 12,897,727 shares |
| Market Cap | $1.61B |
| Exchange | NYQ |
Technical Analysis (KOS)
Nexqual's technical model rates KOS "NEUTRAL" based on 3 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 12:55 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 49.72 (neutral) |
| vs SMA50 | Below (USD 2.75) |
| MACD | 0.01 (positive) |
Analyst Ratings (KOS)
Wall Street analysts rate KOS "Hold" based on 13 analysts, with a mean price target of USD 3.01 (range USD 1.9–4.7), per Nexqual as of October 23, 2026 at 12:55 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 13 |
| Mean Target | USD 3.01 |
| High Target | USD 4.7 |
| Low Target | USD 1.9 |
| Buy / Hold / Sell | 6 / 4 / 3 |
Earnings (KOS)
| Next Earnings Date | 2026-11-02 |
|---|---|
| EPS Estimate | USD 0.12 |
| Revenue Estimate | $420.42M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.11 vs est 0.09 ▲ beat |
| 2026-03-31 | USD -0.07 vs est 0.02 ▼ miss |
| 2025-12-31 | USD -0.16 vs est -0.09 ▼ miss |
| 2025-09-30 | USD -0.15 vs est -0.13 ▼ miss |
Source: Nexqual, October 23, 2026 at 12:55 UTC.
Financials & Fundamentals (KOS)
| Total Revenue | $1.58B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +54.60% |
| Gross Margin | +61.60% |
| Operating Margin | +53.78% |
| Profit Margin | -34.22% |
| ROE | -62.95% |
| Debt / Equity | 3.91 |
| Current Ratio | 0.59 |
| Total Cash | $102.14M |
| Total Debt | $2.76B |
Source: Nexqual, October 23, 2026 at 12:55 UTC.
Financial Health Score (KOS)
Nexqual rates Kosmos Energy Ltd.'s overall financial health "Weak" across five dimensions, as of October 23, 2026 at 12:55 UTC.
| Growth | Critical — Revenue -23% YoY (annual), sharp decline |
|---|---|
| Profitability | Strong — Gross margin 62%, operating 54% (last 12 months) |
| Balance Sheet | Critical — $102M cash and investments vs $2.67B debt (Jun 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $134M (FY ended Dec 2025, 10-K) |
| Efficiency | Critical — ROE -63%, ROA -2.9% |
Ownership (KOS)
| Insider Ownership | +2.30% |
|---|---|
| Institutional Ownership | +76.77% |
| Shares Outstanding | 595.49M |
| Float | 581.60M |
| Short % of Float | +5.77% |
Source: Nexqual, October 23, 2026 at 12:55 UTC.
Leadership (KOS)
Kosmos Energy Ltd. is led by Andrew G. Inglis, Chairman & CEO, per Nexqual as of October 23, 2026 at 12:55 UTC.
| Chairman & CEO | Andrew G. Inglis |
|---|---|
| Senior VP, Chief Commercial Officer & CFO | Neal D. Shah |
| Vice President of Investor Relations | Jamie Buckland |
| Senior Vice President of HSE, Facilities & Production | Julian Austin |
Major Backers & Investors (KOS)
Notable institutional backers of Kosmos Energy Ltd. include Two Sigma Investments, LP, Shaw D.E. & Co., Inc., Equinox Partners Investment Management, LLC, according to Nexqual as of October 23, 2026 at 12:55 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Two Sigma Investments, LP | 4.27% |
| Shaw D.E. & Co., Inc. | 4.12% |
| Equinox Partners Investment Management, LLC | 3.47% |
| Hotchkis & Wiley Capital Management, LLC | 3.16% |
| American Century ETF Trust-Avantis U.S. Small Cap Value ETF | 2.62% |
| Charles Schwab Investment Management, Inc. | 2.31% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 9.41% |
| State Street | 4.95% |
| Geode Capital | 2.87% |
| Vanguard Group | 2.02% |
Source: Nexqual, October 23, 2026 at 12:55 UTC.
From Kosmos Energy Ltd.'s Latest SEC 10-K Filing (filed 2026-03-02)
Key Strengths & Strategy (as disclosed to the SEC)
- Our approach to development is designed to deliver first production on an accelerated timeline, with low cost, lower carbon solutions, where we can leverage early learnings to improve future outcomes and maximize returns.
- Finally, our approach to discoveries in the Gulf of America is to develop them via subsea tie-back to existing host facilities with spare capacity, which reduces development costs and the average timeline to first production.
- Our approach is aimed at areas where we have existing production and where there is sufficient infrastructure capacity to enable the development of new discoveries via subsea tieback.
- Existing infrastructure allows us to shorten the time cycle from discovery to first production, lower the capital requirements and increase the returns.
Legal & Regulatory Risks (Item 1A, quoted)
- Our business, operations and financial condition may be directly and indirectly adversely affected by political, economic, and environmental circumstances, and changes in laws and regulations, in the countries and regions in which we operate.
- We are subject to numerous health, safety and environmental laws and regulations which may result in material liabilities and costs.
- We are not fully insured against all risks and our insurance may not cover any or all health, safety or environmental claims that might arise from our operations or at any of our license areas. If a significant accident or other event occurs and is not covered by insurance, such accident or event could have a material adverse effect on our results of operations and financial condition.
- We may be exposed to assertions concerning or liabilities under the U.S. Foreign Corrupt Practices Act and other anti‑corruption laws, and any such assertions or determination that we violated the U.S. Foreign Corrupt Practices Act or other such laws could result in significant costs to Kosmos and have a material adverse effect on our business.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| BSM | Black Stone Minerals, L.P. | USD 14.71 | ▲ 0.82% |
| BTE | Baytex Energy Corp | USD 5.32 | ▼ 1.48% |
| CRK | Comstock Resources, Inc. | USD 13.97 | ▲ 1.45% |
| CRC | California Resources Corporatio | USD 52.96 | ▼ 1.08% |
| CRGY | Crescent Energy Company | USD 13.33 | ▼ 1.26% |
| CNX | CNX Resources Corporation | USD 35.73 | ▲ 1.62% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 12:55 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt