Kosmos Energy (KOS) Earning Positive Press Coverage, Study Finds
Press coverage about Kosmos Energy (NYSE:KOS) has been trending positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kosmos Energy earned a daily sentiment score of 0.33 on Accern’s scale. Accern also assigned media headlines about the oil and gas producer an impact score of 49.3481207109163 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Recent Analyst Updates on Kosmos Energy Ltd (KOS) – Expert Gazette – ExpertGazette (expertgazette.com)
- This Morning’s Research Reports on Oil & Gas Stocks — EP Energy, EQT Corp., Kosmos Energy, and Noble Energy – BOE Report (press release) (boereport.com)
- Placing the Spotlight on Kosmos Energy Ltd (KOS): Stock Moves -0.03 – SCY News (scynews.com)
- Kosmos Energy (KOS) and Pacific Coast Oil Trust (ROYT) Financial Survey (americanbankingnews.com)
- Comparing Kosmos Energy (KOS) & Gulfport Energy (GPOR) (americanbankingnews.com)
Several analysts have issued reports on KOS shares. BMO Capital Markets restated a “buy” rating and set a $9.00 price objective on shares of Kosmos Energy in a report on Wednesday, September 27th. Jefferies Group downgraded Kosmos Energy from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. Barclays boosted their price objective on Kosmos Energy from $6.00 to $7.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 11th. BNP Paribas started coverage on Kosmos Energy in a report on Friday, November 24th. They set an “outperform” rating on the stock. Finally, Scotiabank upgraded Kosmos Energy from a “sector perform” rating to a “buy” rating in a report on Thursday, October 26th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have given a buy rating to the company. Kosmos Energy has a consensus rating of “Buy” and a consensus price target of $9.45.
Kosmos Energy (NYSE:KOS) last issued its earnings results on Monday, November 6th. The oil and gas producer reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03). The business had revenue of $151.20 million during the quarter, compared to analyst estimates of $149.10 million. Kosmos Energy had a negative net margin of 23.83% and a negative return on equity of 8.88%. Kosmos Energy’s revenue for the quarter was up 126.9% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.09) EPS. sell-side analysts forecast that Kosmos Energy will post -0.33 earnings per share for the current fiscal year.
In other news, Director Yves-Louis Darricarrere sold 14,000 shares of the company’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $8.57, for a total value of $119,980.00. Following the transaction, the director now owns 65,191 shares in the company, valued at approximately $558,686.87. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 3.80% of the stock is owned by corporate insiders.
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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.
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