Inferra AI / Company / KOS
Kosmos Energy Ltd.
KOS · Energy
Last earnings Aug 3, 2026
Key results
Free cash flowquarter
$45 million
The Company generated net cash provided by operating activities of approximately $127 million and free cash flow (1) of approximately $45 million.
SEC original ↗Kosmos Energy Ltd. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
AI analysis
Q2 2025 · reported Aug 4, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance · company-stated
“FINANCIAL UPDATE Net capital expenditure for the second quarter of 2025 was $86 million, below guidance primarily due to lower spend in Mauritania and Senegal and in the Gulf of America.”
Primary outlook statements conflict; no label forced — evidence preserved.
Cash flow & capex
Capital allocation
FINANCIAL UPDATE Net capital expenditure for the second quarter of 2025 was $86 million, below guidance primarily due to lower spend in Mauritania and Senegal and in the Gulf of America.
Event summary
KOSMOS ENERGY ANNOUNCES SECOND QUARTER 2025 RESULTS
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Company outlook: “FINANCIAL UPDATE Net capital expenditure for the second quarter of 2025 was $86 million, below guidance primarily due to lower spend in Mauritania and Senegal and in the Gulf of America.”
Company outlook — Lowered (“lower”)
“FINANCIAL UPDATE Net capital expenditure for the second quarter of 2025 was $86 million, below guidance primarily due to lower spend in Mauritania and Senegal and in the Gulf of America.”
Company outlook — Raised (“lifting”)
“Operating costs per barrel of oil equivalent in the second quarter were slightly higher than guidance, reflecting lower production than expected, and were higher quarter-on-quarter due to Kosmos' one scheduled TEN lifting in Ghana for 2025, which occurred in the second quarter.”
Company outlook — Lowered (“lower”)
“OPERATIONAL UPDATE Production Total net production (2) in the second quarter of 2025 averaged approximately 63,500 boepd, lower than guidance due to the previously communicated ramp up timing on GTA and lower production at Jubilee.”
Company outlook — Raised (“increase”)
“Full year 2025 production guidance for GTA is around 20 gross LNG cargos with production expected to increase towards the FLNG vessel s 2.7 million tonnes per annum (mtpa) nameplate capacity in the fourth quarter.”
Company outlook — Lowered (“lower”)
“Reflecting the slower GTA ramp up and lower Jubilee production in the second quarter, full year production guidance is now expected to be between 65,000 70,000 boepd.”
Primary outlook statements conflict; no label forced — evidence preserved.
Capital allocation
FINANCIAL UPDATE Net capital expenditure for the second quarter of 2025 was $86 million, below guidance primarily due to lower spend in Mauritania and Senegal and in the Gulf of America.
SEC original ↗Kosmos Energy Ltd. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
In line with the Company's focus on reducing costs, full year capital expenditure is now expected to be around $350 million (from $400 million previously).
SEC original ↗Kosmos Energy Ltd. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
Kosmos exited the second quarter of 2025 with approximately $2.85 billion of net debt(1) and available liquidity of approximately $400 million.
SEC original ↗Kosmos Energy Ltd. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
The Company successfully amended the debt cover ratio calculation for the Reserve-Based Lending (RBL) Facility, to increase the ratio for the next two scheduled financial test dates, reflecting the impact of start-up timing of the GTA project on the leverage calculation.
SEC original ↗Kosmos Energy Ltd. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
The debt cover ratio will return to the originally agreed upon level of 3.5x for testing dates thereafter, when full year revenues from the GTA project are aligned with operating expenses.
SEC original ↗Kosmos Energy Ltd. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
In early August, Kosmos agreed to indicative terms for a senior secured term loan facility ( Term Facility ) with an investment grade counterparty for up to $250 million, to be used for general corporate purposes, including the repayment of the Company s outstanding 2026 unsecured notes.
SEC original ↗Kosmos Energy Ltd. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
Strategy & priorities
Inglis said We set out this year with three clear priorities Increase production, reduce costs and enhance the resilience of the balance sheet.
SEC original ↗Kosmos Energy Ltd. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
On the balance sheet, we are enhancing resilience through increasing liquidity and additional hedges for 2026 with further progress expected as we pursue additional initiatives through the second half of the year.
SEC original ↗Kosmos Energy Ltd. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
In line with the Company's focus on reducing costs, full year capital expenditure is now expected to be around $350 million (from $400 million previously).
SEC original ↗Kosmos Energy Ltd. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
The partnership is also focusing on future expansion phases of the field.
SEC original ↗Kosmos Energy Ltd. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
Phase 1+, a low-cost brownfield expansion, is expected to double gas throughput by leveraging the existing infrastructure in place.
SEC original ↗Kosmos Energy Ltd. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
Risks & headwinds
Although Kosmos believes that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made in light of information currently available to Kosmos.
SEC original ↗Kosmos Energy Ltd. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Kosmos, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements.
SEC original ↗Kosmos Energy Ltd. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
Further information on such assumptions, risks and uncertainties is available in Kosmos Securities and Exchange Commission ( SEC ) filings.
SEC original ↗Kosmos Energy Ltd. — Earnings release (8-K exhibit)EX-99Aug 4, 2025
Legal Proceedings 54 Item 1A.
SEC original ↗Kosmos Energy Ltd. — 10-Q Quarterly report10-QAug 3, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
32 documents- Q2 2026
- 8-KKOS
Sep 21, 2026
- 8-KKOS
Sep 8, 2026
- 8-KKOS
Aug 3, 2026
- 10-QKOS
Aug 3, 2026
- Q1 2026
- 8-KKOS
Jun 22, 2026
- 8-KKOS
May 28, 2026
- 8-KKOS
May 5, 2026
- 10-QKOS
May 5, 2026
- Q4 2025
- 8-KKOS
Mar 12, 2026
- 8-KKOS
Mar 2, 2026
- 10-KKOS
Mar 2, 2026
- 8-KKOS
Feb 25, 2026
- EX-99KOS
Feb 25, 2026
- 8-KKOS
Jan 29, 2026
- 8-KKOS
Jan 26, 2026
- 8-KKOS
Jan 12, 2026
- EX-99KOS
Jan 12, 2026
- 8-KKOS
Jan 2, 2026
- Q3 2025
- 10-QKOS
Nov 4, 2025
- 8-KKOS
Nov 3, 2025
- Q2 2025
- 8-KKOS
Sep 30, 2025
- 8-KKOS
Aug 22, 2025
- 8-KKOS
Aug 4, 2025
- 10-QKOS
Aug 4, 2025
- Q1 2025
- 8-KKOS
Jun 5, 2025
- 8-KKOS
May 6, 2025
- 10-QKOS
May 6, 2025
- Q4 2024
- 8-KKOS
Feb 24, 2025
- 10-KKOS
Feb 24, 2025
- Q3 2024
- 8-KKOS
Nov 29, 2024
- 8-KKOS
Nov 4, 2024
- 10-QKOS
Nov 4, 2024
Earnings releases
8 documentsPresentations
0 documentsNo presentations for Kosmos Energy Ltd. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Kosmos Energy Ltd. are held in this edition of the library.
See also the earnings calendar for every tracked company’s next earnings date.