Kosmos Energy (NYSE:KOS) Stock Sees Unusually High Call Option Buying

Kosmos Energy Ltd. (NYSE:KOS – Get Free Report) was the recipient of unusually large options trading on Monday. Investors bought 7,659 call options on the stock. This is an increase of approximately 45% compared to the average volume of 5,280 call options.

Kosmos Energy News Roundup

Here are the key news stories impacting Kosmos Energy this week:

Kosmos Energy Price Performance

NYSE:KOS opened at $2.61 on Wednesday. Kosmos Energy has a 52 week low of $0.84 and a 52 week high of $3.34. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of -2.61, a PEG ratio of 0.14 and a beta of 0.78. The company has a 50-day moving average of $2.75 and a 200-day moving average of $2.51. The company has a debt-to-equity ratio of 3.58, a quick ratio of 0.38 and a current ratio of 0.59.

Kosmos Energy (NYSE:KOS – Get Free Report) last posted its earnings results on Monday, November 2nd. The oil and gas producer reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.07). Kosmos Energy had a negative net margin of 27.21% and a negative return on equity of 1.73%. The business had revenue of $410.06 million during the quarter, compared to analyst estimates of $466.11 million. As a group, equities research analysts anticipate that Kosmos Energy will post 0.57 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

KOS has been the subject of a number of research reports. Jefferies Financial Group lowered Kosmos Energy from a “buy” rating to a “hold” rating and increased their price target for the company from $2.75 to $2.90 in a research note on Wednesday, October 28th. Wall Street Zen downgraded Kosmos Energy from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Mizuho upgraded Kosmos Energy to a “strong sell” rating in a report on Friday, July 31st. Stephens lowered their target price on Kosmos Energy from $3.00 to $2.40 and set an “equal weight” rating on the stock in a report on Tuesday, July 21st. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Kosmos Energy in a research report on Friday. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $2.37.

Check Out Our Latest Research Report on KOS

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC bought a new stake in Kosmos Energy in the third quarter worth about $28,000. WESPAC Advisors LLC bought a new position in shares of Kosmos Energy during the 3rd quarter valued at approximately $907,000. Verdence Capital Advisors LLC grew its position in shares of Kosmos Energy by 15.5% during the 3rd quarter. Verdence Capital Advisors LLC now owns 397,775 shares of the oil and gas producer’s stock valued at $1,010,000 after acquiring an additional 53,496 shares during the period. Inspire Investing LLC grew its position in shares of Kosmos Energy by 52.2% during the 3rd quarter. Inspire Investing LLC now owns 496,529 shares of the oil and gas producer’s stock valued at $1,261,000 after acquiring an additional 170,398 shares during the period. Finally, SBI Securities Co. Ltd. increased its stake in shares of Kosmos Energy by 62.0% during the 3rd quarter. SBI Securities Co. Ltd. now owns 11,453 shares of the oil and gas producer’s stock worth $29,000 after purchasing an additional 4,382 shares during the last quarter. Institutional investors own 95.33% of the company’s stock.

About Kosmos Energy

(Get Free Report)

Kosmos Energy Ltd. (NYSE: KOS) is an independent energy company engaged in the exploration, development and production of oil and natural gas. The company focuses primarily on offshore assets and seeks to develop resources in partnership with national oil companies, international energy companies and other industry participants.

Kosmos has historically operated across several regions, including offshore Ghana, Equatorial Guinea, Mauritania and Senegal, as well as the U.S. Gulf of Mexico.

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