Kosmos Energy Reports Q1 2026 Earnings Call Details
Kosmos Energy (KOS) reported a 25% year-over-year increase in production to 75,000 BOE per day, driven by the GTA and Jubilee projects. The company reduced operating costs by 22% and net debt by 7%, with plans to cut it by 20% by year-end 2026. Kosmos also improved liquidity through a $350 million bond issue and a $200 million equity raise.
Tickers: $KOS
Topics: debt reduction liquidity LNG output oil production outlook operating costs production growth