Kosmos Energy Ltd. (NYSE:KOS) – Stock analysts at Capital One Financial Corporation boosted their Q3 2017 EPS estimates for Kosmos Energy in a research note issued on Tuesday. Capital One Financial Corporation analyst R. Tullis now anticipates that the oil and gas producer will post earnings per share of ($0.05) for the quarter, up from their previous forecast of ($0.08). Capital One Financial Corporation also issued estimates for Kosmos Energy’s Q4 2017 earnings at ($0.04) EPS, FY2017 earnings at ($0.22) EPS and FY2018 earnings at ($0.36) EPS.

Several other equities research analysts have also recently issued reports on KOS. ValuEngine upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Thursday. Jefferies Group LLC set a $8.00 target price on shares of Kosmos Energy and gave the company a “buy” rating in a report on Saturday, June 17th. Scotiabank set a $7.00 target price on shares of Kosmos Energy and gave the company a “hold” rating in a report on Saturday, July 1st. BMO Capital Markets reissued a “buy” rating and issued a $9.00 target price on shares of Kosmos Energy in a report on Friday, August 4th. Finally, Macquarie assumed coverage on shares of Kosmos Energy in a report on Monday. They issued an “outperform” rating and a $10.00 target price for the company. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $8.71.

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Kosmos Energy (NYSE KOS) opened at 7.13 on Thursday. Kosmos Energy has a 1-year low of $4.39 and a 1-year high of $7.90. The stock’s market cap is $2.76 billion. The firm has a 50-day moving average of $6.39 and a 200-day moving average of $6.29.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings results on Monday, August 7th. The oil and gas producer reported ($0.02) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.04. Kosmos Energy had a negative net margin of 26.69% and a negative return on equity of 8.60%. The business had revenue of $146.50 million during the quarter, compared to analysts’ expectations of $168.71 million. During the same quarter in the previous year, the company earned ($0.11) EPS. The business’s quarterly revenue was up 220.6% compared to the same quarter last year.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Swiss National Bank raised its position in Kosmos Energy by 22.7% in the second quarter. Swiss National Bank now owns 387,400 shares of the oil and gas producer’s stock worth $2,483,000 after buying an additional 71,700 shares during the period. Utah Retirement Systems raised its position in Kosmos Energy by 22.1% in the second quarter. Utah Retirement Systems now owns 34,845 shares of the oil and gas producer’s stock valued at $224,000 after buying an additional 6,300 shares during the last quarter. Victory Capital Management Inc. raised its position in Kosmos Energy by 2.0% in the second quarter. Victory Capital Management Inc. now owns 5,464,210 shares of the oil and gas producer’s stock valued at $35,026,000 after buying an additional 105,193 shares during the last quarter. State Board of Administration of Florida Retirement System raised its position in Kosmos Energy by 16.5% in the second quarter. State Board of Administration of Florida Retirement System now owns 323,418 shares of the oil and gas producer’s stock valued at $2,073,000 after buying an additional 45,874 shares during the last quarter. Finally, Comerica Bank raised its position in Kosmos Energy by 19.3% in the second quarter. Comerica Bank now owns 22,376 shares of the oil and gas producer’s stock valued at $140,000 after buying an additional 3,626 shares during the last quarter.

In related news, major shareholder Iv Gp L.L.C. Bcp sold 30,000,000 shares of the firm’s stock in a transaction on Friday, May 26th. The shares were sold at an average price of $7.15, for a total value of $214,500,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 3.80% of the company’s stock.

Kosmos Energy Company Profile

Kosmos Energy Ltd. (Kosmos) is an independent oil and gas exploration and production company. The Company is focused on the emerging areas along the Atlantic Margins. Its assets include existing production and development projects offshore Ghana, discoveries and further exploration potential offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Sao Tome and Principe, Suriname, Morocco and Western Sahara.

Earnings History and Estimates for Kosmos Energy (NYSE:KOS)

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