Kosmos Energy Ltd. reported results for the 2026 quarter with revenue of $607.25M and net income of $184.78M, driven by higher production and materially stronger realized oil and gas prices versus the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$607.25M$392.64M54.7% | Net income²$184.78M($87.74M)310.6% | Diluted EPS³$0.31($0.18)272.2% |
¹ Reported as “Oil and gas revenue”. ² Reported as “Net income (loss)”. ³ Reported as “Net income (loss) per share”.
Business Highlights
- Revenue growth reflected higher production volumes at Jubilee and the Greater Tortue Ahmeyim (GTA) area and materially higher realized oil and gas prices.
- Production: Ghana averaged approximately 105.7k Boepd gross; GTA averaged approximately 64.3k Boepd gross; total sales increased versus the prior-year period.
- Operations: Jubilee added multiple producer wells online during the quarter.
- Projects: Tiberius reached FID with first oil targeted in H2 2028; ongoing infill drilling and Winterfell remediation efforts continued.
- Portfolio: Completed sale of Equatorial Guinea Block G interests, recognizing a gain and narrowing the company’s operating footprint.
Original SEC Filing:
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