Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

KOSMOS ENERGY LTD.

(KOS)
  Report
Delayed Quote. Delayed Nyse - 01/21 04:10:00 pm
4.24 USD   -3.42%
01/18Energy Stocks Advance Leading Up to Tuesday's Opening Bell
MT
01/18Energy
MT
01/18Goldman Sachs Raises Price Target on Kosmos Energy to $7.50 From $5, Maintains Buy Rating
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Kosmos Energy : Announces Pricing of $400 Million of Senior Notes Due 2027

10/21/2021 | 06:01pm EST

Kosmos Energy Ltd. (“Kosmos”) (NYSE/LSE:KOS) announced today the pricing of $400 million aggregate principal amount of its 7.750% senior notes due 2027. The offering is expected to close on October 26, 2021, subject to customary closing conditions. Kosmos intends to use the net proceeds from the offering, together with cash on hand, to refinance the $400 million aggregate principal amount of private placement notes the Company issued to fund its acquisition of Anadarko WCTP Company.

The securities offered will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and, unless so registered, the securities may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities or blue sky laws and foreign securities laws. The senior notes and the related guarantees were offered only to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration set forth in Rule 144A under the Securities Act and, outside the United States, to non-U.S. persons in reliance on the exemption from registration set forth in Regulation S under the Securities Act.

This press release is being issued pursuant to, and in accordance with, Rule 135c under the Securities Act, and is neither an offer to sell nor a solicitation of an offer to buy the notes or any other securities and shall not constitute an offer to sell or a solicitation of an offer to buy, or a sale of, the notes or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful.

About Kosmos Energy

Kosmos is a full-cycle deepwater independent oil and gas exploration and production company focused along the Atlantic Margins. Our key assets include production offshore Ghana, Equatorial Guinea and the U.S. Gulf of Mexico, as well as a world-class gas development offshore Mauritania and Senegal. We also maintain a sustainable proven basin exploration program in Equatorial Guinea, Ghana and the U.S. Gulf of Mexico. Kosmos is listed on The New York Stock Exchange and London Stock Exchange and is traded under the ticker symbol KOS. As an ethical and transparent company, Kosmos is committed to doing things the right way. The Company’s Business Principles articulate our commitment to transparency, ethics, human rights, safety and the environment.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Kosmos expects, believes or anticipates will or may occur in the future are forward-looking statements. Kosmos’ estimates and forward-looking statements are mainly based on its current expectations and estimates of future events and trends, which affect or may affect its businesses and operations. 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. When used in this press release, the words “anticipate,” “believe,” “intend,” “expect,” “plan,” “will” or other similar words are intended to identify forward-looking statements. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Kosmos (including, but not limited to, the impact of the COVID-19 pandemic), which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Further information on such assumptions, risks and uncertainties is available in Kosmos’ Securities and Exchange Commission (“SEC”) filings. Kosmos undertakes no obligation and does not intend to update or correct these forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by applicable law. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.

European Economic Area and United Kingdom Notices

Financial Conduct Authority (FCA) stabilization rules apply.

MiFIR professionals / ECPs only / No PRIIPs / UK PRIIPs KID - Manufacturer target market (MiFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs regulation key information document (KID) has been prepared as the notes are not available to retail investors in the EEA or the United Kingdom.


ę Business Wire 2021
All news about KOSMOS ENERGY LTD.
01/18Energy Stocks Advance Leading Up to Tuesday's Opening Bell
MT
01/18Energy
MT
01/18Goldman Sachs Raises Price Target on Kosmos Energy to $7.50 From $5, Maintains Buy Rati..
MT
01/18Kosmos Energy Completes Drilling Operation For Well In US Gulf of Mexico
MT
01/18Kosmos Energy Reports Successful Appraisal Well Results at Winterfell Discovery in US G..
MT
01/18Kosmos Energy Announces Gulf of Mexico Appraisal Success at Winterfell
BU
01/18Kosmos Energy Announces Completion of the Drilling of the Winterfell-2 Appraisal Well o..
CI
01/17Berenberg Bank Adjusts Kosmos Energy's Price Target to $5.40 From $5.20, Maintains Buy ..
MT
01/05Energy Stocks Ending Barely Higher as Market Rout Drains Early Gains
MT
01/05Energy Stocks Rising as WTI Crude Oil Tops $78/Barrel
MT
More news
Analyst Recommendations on KOSMOS ENERGY LTD.
More recommendations
Financials (USD)
Sales 2021 1 300 M - -
Net income 2021 -105 M - -
Net Debt 2021 2 270 M - -
P/E ratio 2021 -17,5x
Yield 2021 -
Capitalization 1 916 M 1 916 M -
EV / Sales 2021 3,22x
EV / Sales 2022 2,23x
Nbr of Employees 252
Free-Float 88,0%
Chart KOSMOS ENERGY LTD.
Duration : Period :
Kosmos Energy Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends KOSMOS ENERGY LTD.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 10
Last Close Price 4,24 $
Average target price 6,08 $
Spread / Average Target 43,4%
EPS Revisions
Managers and Directors
Andrew G. Inglis Chairman & Chief Executive Officer
Neal D. Shah Chief Financial Officer & Senior Vice President
Adebayo Olusegu Ogunlesi Independent Director
Richard Billing Dearlove Independent Director
Deanna L. Goodwin Independent Director
Sector and Competitors
1st jan.Capi. (M$)
KOSMOS ENERGY LTD.22.54%1 916
CONOCOPHILLIPS14.60%109 103
CANADIAN NATURAL RESOURCES LIMITED19.63%60 076
EOG RESOURCES, INC.13.28%58 881
CNOOC LIMITED15.57%53 213
PIONEER NATURAL RESOURCES COMPANY13.76%50 514