Kosmos EnergyKOS
Market Cap: $1.96B
About: Kosmos Energy Ltd is an independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. The company focuses on field developments designed to accelerate production. Kosmos' exploration is tied to a geologically based approach geared toward the identification of petroleum systems. Its process starts with geologic studies that assess a region's subsurface but also incorporates basin modeling as well as techniques to identify reservoir/seal pair development and trap definition. In addition, a 3D seismic analysis is done to identify prospective traps of interest. In tandem with the subsurface analysis, a country-specific analysis is done to get an understanding of above-ground dynamics before targeting specific licenses.
Employees: 243
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
68% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 34
53% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 66
10% more funds holding
Funds holding: 242 [Q1] → 265 (+23) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]
2.51% less ownership
Funds ownership: 97.01% [Q1] → 94.51% (-2.51%) [Q2]
9% less capital invested
Capital invested by funds: $2.73B [Q1] → $2.47B (-$255M) [Q2]
75% less call options, than puts
Call options by funds: $4.73M | Put options by funds: $18.7M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Benchmark Subash Chandra 26% 1-year accuracy 11 / 42 met price target | 92%upside $8 | Buy Reiterated | 6 Aug 2024 |
Bernstein Bob Brackett 14% 1-year accuracy 1 / 7 met price target | 20%upside $5 | Market Perform Maintained | 17 Jul 2024 |
Benchmark Subash Chandra 26% 1-year accuracy 11 / 42 met price target | 92%upside $8 | Buy Reiterated | 25 Jun 2024 |