Kosmos Energy (KOS)


Market Price (9/6/2026): $2.78 | Market Cap: $1.6 BilSector: Energy | Industry: Oil & Gas Exploration & Production

Kosmos Energy (KOS)


Market Price (9/6/2026): $2.78
Market Cap: $1.6 Bil
Sector: Energy
Industry: Oil & Gas Exploration & Production

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%

Megatrend and thematic drivers
Megatrends include Global Energy Supply. Themes include Deepwater Oil & Gas Exploration & Production, and LNG Project Development & Supply.

Weak multi-year price returns
2Y Excs Rtn is -80%, 3Y Excs Rtn is -133%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 160%

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.4%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -37%

Key risks
KOS key risks include [1] its significant debt burden creating considerable refinancing and liquidity challenges, Show more.

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%
1 Megatrend and thematic drivers
Megatrends include Global Energy Supply. Themes include Deepwater Oil & Gas Exploration & Production, and LNG Project Development & Supply.
2 Weak multi-year price returns
2Y Excs Rtn is -80%, 3Y Excs Rtn is -133%
3 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 160%
4 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.4%
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -37%
6 Key risks
KOS key risks include [1] its significant debt burden creating considerable refinancing and liquidity challenges, Show more.

KOS in ETFs

Weight = KOS's share of each fund

ITOT0.00%
IWM0.06%
XOP1.3%
FNDA0.22%
AVUV0.13%
IWN0.10%
VTWO0.05%
ESML0.05%
+6 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 9/4/2026

Kosmos Energy (KOS) stock has remained largely at the same level since 5/31/2026 because of the following key factors:

1. Strong Fiscal Q2 2026 Earnings Beat Counteracted by Persistent Negative Profitability: Kosmos Energy announced robust fiscal Q2 2026 results (period ending June 2026) on August 3, 2026, reporting an adjusted EPS of $0.11, significantly surpassing analysts' consensus estimate of $0.07 to $0.09. Revenues also exceeded expectations at $607.25 million against a consensus of $483.23 million. However, despite these beats, the company reported a negative net margin of 33.98% and a negative return on equity of 17.73% for the quarter, indicating ongoing profitability challenges. This dichotomy of strong operational performance but underlying financial unprofitability likely kept the stock from experiencing a sustained upward trend.

2. Strategic Debt Reduction and Production Growth Offset by Asset Divestiture and Revised Guidance: Kosmos Energy made significant progress in its financial strategy, reducing net debt by over $400 million in the first half of fiscal 2026, with net debt standing at approximately $2.56 billion at the end of fiscal Q2 2026. This was supported by $89 million in free cash flow and the completion of the sale of its Equatorial Guinea production assets on June 17, 2026, which generated approximately $127 million in cash used for debt repayment. Net production increased by 12% year-over-year in fiscal Q2 2026 to around 71,400 barrels of oil equivalent per day, with new Jubilee wells coming online to boost output. However, the divestiture led to a downward adjustment of approximately 2,500 boepd in production guidance for the second half of fiscal 2026, keeping the overall full-year 2026 production guidance (69,000 to 74,000 boepd) relatively stable despite operational improvements.

Show more
Updated on 9/4/2026

Kosmos Energy (KOS) stock has remained largely at the same level since 5/31/2026 because of the following key factors:

1. Strong Fiscal Q2 2026 Earnings Beat Counteracted by Persistent Negative Profitability: Kosmos Energy announced robust fiscal Q2 2026 results (period ending June 2026) on August 3, 2026, reporting an adjusted EPS of $0.11, significantly surpassing analysts' consensus estimate of $0.07 to $0.09. Revenues also exceeded expectations at $607.25 million against a consensus of $483.23 million. However, despite these beats, the company reported a negative net margin of 33.98% and a negative return on equity of 17.73% for the quarter, indicating ongoing profitability challenges. This dichotomy of strong operational performance but underlying financial unprofitability likely kept the stock from experiencing a sustained upward trend.

2. Strategic Debt Reduction and Production Growth Offset by Asset Divestiture and Revised Guidance: Kosmos Energy made significant progress in its financial strategy, reducing net debt by over $400 million in the first half of fiscal 2026, with net debt standing at approximately $2.56 billion at the end of fiscal Q2 2026. This was supported by $89 million in free cash flow and the completion of the sale of its Equatorial Guinea production assets on June 17, 2026, which generated approximately $127 million in cash used for debt repayment. Net production increased by 12% year-over-year in fiscal Q2 2026 to around 71,400 barrels of oil equivalent per day, with new Jubilee wells coming online to boost output. However, the divestiture led to a downward adjustment of approximately 2,500 boepd in production guidance for the second half of fiscal 2026, keeping the overall full-year 2026 production guidance (69,000 to 74,000 boepd) relatively stable despite operational improvements.

3. Mixed Analyst Sentiment and Stable Consensus Price Targets: Throughout the specified period, analyst sentiment for Kosmos Energy remained largely mixed, with a consensus rating of "Reduce" or "Hold" from various firms. While some analysts like Wall Street Zen upgraded the stock to "strong-buy" on September 5, 2026, others, such as Stephens, reduced their price target from $3.00 to $2.40 on July 21, 2026. The average 12-month price target among brokerages ranged between $2.53 and $2.93. This divergence in analyst opinions, coupled with an overall moderate average price target, contributed to a neutral outlook on the stock, limiting significant upward or downward movement.

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Stock Movement Drivers

Fundamental Drivers

The -0.7% change in KOS stock from 5/31/2026 to 9/5/2026 was primarily driven by a -14.7% change in the company's Shares Outstanding (Mil).
(LTM values as of)53120269052026Change
Stock Price ($)2.802.78-0.7%
Change Contribution By: 
Total Revenues ($ Mil)1,3691,58415.7%
P/S Multiple1.01.00.6%
Shares Outstanding (Mil)506593-14.7%
Cumulative Contribution-0.7%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2026 to 9/5/2026
ReturnCorrelation
KOS-0.7% 
Market (SPY)1.8%-26.9%
Sector (XLE)13.8%69.9%

Fundamental Drivers

The 19.3% change in KOS stock from 2/28/2026 to 9/5/2026 was primarily driven by a 30.1% change in the company's P/S Multiple.
(LTM values as of)22820269052026Change
Stock Price ($)2.332.7819.3%
Change Contribution By: 
Total Revenues ($ Mil)1,3911,58413.8%
P/S Multiple0.81.030.1%
Shares Outstanding (Mil)478593-19.4%
Cumulative Contribution19.3%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 9/5/2026
ReturnCorrelation
KOS19.3% 
Market (SPY)12.6%-38.8%
Sector (XLE)15.3%54.8%

Fundamental Drivers

The 55.3% change in KOS stock from 8/31/2025 to 9/5/2026 was primarily driven by a 81.2% change in the company's P/S Multiple.
(LTM values as of)83120259052026Change
Stock Price ($)1.792.7855.3%
Change Contribution By: 
Total Revenues ($ Mil)1,4881,5846.4%
P/S Multiple0.61.081.2%
Shares Outstanding (Mil)478593-19.4%
Cumulative Contribution55.3%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 9/5/2026
ReturnCorrelation
KOS55.3% 
Market (SPY)20.4%-9.9%
Sector (XLE)45.1%51.5%

Fundamental Drivers

The -61.8% change in KOS stock from 8/31/2023 to 9/5/2026 was primarily driven by a -49.2% change in the company's P/S Multiple.
(LTM values as of)83120239052026Change
Stock Price ($)7.282.78-61.8%
Change Contribution By: 
Total Revenues ($ Mil)1,6331,584-3.1%
P/S Multiple2.11.0-49.2%
Shares Outstanding (Mil)460593-22.5%
Cumulative Contribution-61.8%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2023 to 9/5/2026
ReturnCorrelation
KOS-61.8% 
Market (SPY)77.1%19.3%
Sector (XLE)57.5%58.8%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
KOS Return47%84%6%-49%-73%211%20%
Peers Return59%86%-18%-31%4%71%197%
S&P 500 Return27%-19%24%23%16%13%106%

Monthly Win Rates [3]
KOS Win Rate58%67%42%25%25%67% 
Peers Win Rate62%62%37%28%60%69% 
S&P 500 Win Rate75%42%67%75%67%56% 

Max Drawdowns [4]
KOS Max Drawdown-53%-44%-37%-61%-78%-38% 
Peers Max Drawdown-39%-42%-35%-43%-40%-28% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: APA, OXY, MUR, TALO, WTI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/4/2026 (YTD)

How Low Can It Go

EventKOSS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-11.9%-9.5%
  % Gain to Breakeven13.5%10.5%
  Time to Breakeven20 days24 days
2023 SVB Regional Banking Crisis
  % Loss-32.6%-6.7%
  % Gain to Breakeven48.3%7.1%
  Time to Breakeven92 days31 days
2020 COVID-19 Crash
  % Loss-89.7%-33.7%
  % Gain to Breakeven869.6%50.9%
  Time to Breakeven712 days140 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-24.6%-3.7%
  % Gain to Breakeven32.7%3.9%
  Time to Breakeven41 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-50.0%-12.2%
  % Gain to Breakeven100.0%13.9%
  Time to Breakeven342 days62 days
2013 Taper Tantrum
  % Loss-10.6%-0.2%
  % Gain to Breakeven11.8%0.2%
  Time to Breakeven112 days1 days

Compare to APA, OXY, MUR, TALO, WTI

In The Past

Kosmos Energy's stock fell -11.9% during the Summer-Fall 2023 Five Percent Yield Shock. Such a loss loss requires a 13.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventKOSS&P 500
2023 SVB Regional Banking Crisis
  % Loss-32.6%-6.7%
  % Gain to Breakeven48.3%7.1%
  Time to Breakeven92 days31 days
2020 COVID-19 Crash
  % Loss-89.7%-33.7%
  % Gain to Breakeven869.6%50.9%
  Time to Breakeven712 days140 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-24.6%-3.7%
  % Gain to Breakeven32.7%3.9%
  Time to Breakeven41 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-50.0%-12.2%
  % Gain to Breakeven100.0%13.9%
  Time to Breakeven342 days62 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-32.9%-17.9%
  % Gain to Breakeven49.0%21.8%
  Time to Breakeven20 days123 days

Compare to APA, OXY, MUR, TALO, WTI

In The Past

Kosmos Energy's stock fell -11.9% during the Summer-Fall 2023 Five Percent Yield Shock. Such a loss loss requires a 13.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Kosmos Energy (KOS)

Kosmos Energy Ltd. (KOS) is an independent oil and gas company primarily engaged in deep-water exploration and production. The company specializes in extracting hydrocarbons, specifically crude oil and natural gas, from beneath the ocean floor. Its operational focus is concentrated along the Atlantic Margins, encompassing significant assets in West Africa and the U.S. Gulf of Mexico.

The company's main products are crude oil and natural gas, which are sourced from its key producing assets offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico. Beyond existing production, Kosmos Energy is actively developing substantial natural gas resources offshore Mauritania and Senegal, which are set to expand its future product portfolio. The company also maintains a proven basin exploration program aimed at discovering new hydrocarbon reserves.

As an upstream producer, Kosmos Energy primarily sells its crude oil and natural gas to a global market of refiners, energy traders, and large industrial customers. Its diverse geographic footprint, with operations spanning the Atlantic Margins in both West Africa and the United States, positions it to supply various international energy markets, thereby contributing to the global energy supply chain.

AI Analysis | Feedback

Here are a couple of brief analogies for Kosmos Energy:

  • An independent deep-water oil and gas company, like a smaller, offshore-focused Chevron.

  • Think of it as an independent oil and gas exploration and production company, akin to an ExxonMobil specialized exclusively in deep-water projects off the Atlantic Margins.

AI Analysis | Feedback

  • Oil Production: Kosmos Energy extracts crude oil from deep-water reservoirs primarily offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico.
  • Gas Production and Development: The company develops and produces natural gas, with a significant focus on projects offshore Mauritania and Senegal.
  • Oil and Gas Exploration: Kosmos Energy actively explores new deep-water basins along the Atlantic Margins to identify and appraise potential oil and gas reserves.

AI Analysis | Feedback

Kosmos Energy (KOS) is a deep-water independent oil and gas exploration and production company. As such, it sells its crude oil and natural gas primarily to other companies rather than to individual consumers.

Based on Kosmos Energy's public filings (such as its annual 10-K reports), the company states that it does not have any single customer that individually accounts for 10% or more of its total revenues. This indicates that Kosmos Energy maintains a diversified customer base, and therefore, no single "major customer" by name is publicly identified or accounts for a dominant portion of its sales.

The company generally sells its crude oil and natural gas production to the following categories of businesses:

  • Integrated oil companies
  • Commodity trading houses
  • National oil companies

These buyers operate in the global energy market, purchasing crude oil for refining and natural gas for distribution, power generation, or liquefaction and export.

AI Analysis | Feedback

  • TechnipFMC (FTI)
  • Saipem (SPM.MI)
  • Golar LNG (GLNG)
  • Noble Corporation (NE)
  • Schlumberger (SLB)
  • Halliburton (HAL)

AI Analysis | Feedback

Andrew G. Inglis Chief Executive Officer and Chairman of the Board of Directors

Andrew G. Inglis joined Kosmos Energy on March 1, 2014. Prior to joining Kosmos, he served as the Chief Executive of Petrofac's Integrated Energy Services business and was a member of its board of directors. He spent 30 years at BP plc, where his roles included Chief Executive of Exploration & Production and an executive director on the BP board from 2007 to 2010.

Neal D. Shah Senior Vice President and Chief Financial Officer

Neal D. Shah became Kosmos Energy's Chief Financial Officer in May 2020. He joined Kosmos in 2010, initially serving in various finance, treasury, investor relations, and international operations roles, including leading the Equatorial Guinea business unit. Before his tenure at Kosmos, Mr. Shah worked as an investment banker at Morgan Stanley, where he provided financing advice to oil and gas companies.

William Tuttle Senior Vice President, External Affairs

William Tuttle serves as the Senior Vice President of External Affairs at Kosmos Energy.

Josh R. Marion Senior Vice President and General Counsel

Josh R. Marion holds the position of Senior Vice President and General Counsel at Kosmos Energy.

Tim Nicholson Senior Vice President, Exploration

Tim Nicholson was promoted to Senior Vice President and Head of Exploration in April 2021. He joined Kosmos Energy in 2018 and has been instrumental in the company's infrastructure-led exploration (ILX) efforts, particularly in the U.S. Gulf of Mexico and Equatorial Guinea.

AI Analysis | Feedback

The key risks to Kosmos Energy (KOS) primarily revolve around its financial leverage, the inherent volatility of the energy market, and operational challenges associated with its deep-water projects.

  1. High Net Debt and Interest Costs: Kosmos Energy faces significant financial risk due to its substantial net debt, which has been reported around $2.8 billion to $3.0 billion. This high debt burden leads to heavy interest costs, putting considerable pressure on the company's profitability and cash flow. Servicing this debt is a major challenge, diverting a large portion of generated cash. The company recently raised capital through an equity offering to reduce its debt, signaling the urgency of addressing this issue.
  2. Volatile Commodity Prices: As an oil and gas exploration and production company, Kosmos Energy's financial performance is highly susceptible to fluctuations in global oil and gas prices. Over 60% of its production is linked to the oil market, meaning even a 10% price change could significantly impact quarterly profit potential. This makes the company's profitability vulnerable to the cyclical nature of commodity markets and geopolitical events that influence energy prices.
  3. Execution Risks and Operational Challenges: The successful execution and ramp-up of major projects, such as the Greater Tortue Ahmeyim (GTA) LNG project and Jubilee drilling, carry considerable execution risks. The company has experienced instances of weaker financial results, including negative earnings per share and revenue decline, despite operational progress, and has adjusted its annual output guidance due to slower project ramp-ups. Additionally, Kosmos Energy faces challenges related to limited proved reserves and a dependency on third-party infrastructure.

AI Analysis | Feedback

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AI Analysis | Feedback

Kosmos Energy Ltd. (symbol: KOS) operates primarily in deep-water oil and gas exploration and production (E&P) along the Atlantic Margins, with key assets in Ghana, Equatorial Guinea, the U.S. Gulf of Mexico, Mauritania, and Senegal.

The addressable markets for Kosmos Energy's main products and services are:

  • Global Oil & Gas Exploration & Production Market: The global oil & gas exploration & production market size was estimated at approximately USD 5,820.40 Billion in 2024. This market is projected to grow to around USD 18,986.90 Billion by 2035, exhibiting a Compound Annual Growth Rate (CAGR) of 11.35% from 2025 to 2035.
  • Global Deepwater Hydrocarbon Exploration Market: The global deepwater hydrocarbon exploration market, which aligns with Kosmos Energy's specialized focus, was valued at approximately USD 56.8 billion in 2024. It is projected to reach USD 81.1 billion by 2030, with a CAGR of 6.1%.

For specific regional addressable market sizes for their exploration and production activities in Ghana, Equatorial Guinea, the U.S. Gulf of Mexico, and Mauritania/Senegal, direct market value (USD) figures for the E&P sector are not readily available in the provided information.

AI Analysis | Feedback

For Kosmos Energy (KOS), the following are expected drivers of future revenue growth over the next 2-3 years:

  1. Increased Production from Jubilee Field: Kosmos Energy anticipates meaningful production growth from its Jubilee field offshore Ghana. This is driven by the ongoing drilling campaign, with the J-74 producer well having come online in early 2026 and four additional wells planned for later in 2026. Current gross Jubilee production is already exceeding 70,000 barrels of oil per day (bopd). The recent license extensions for Jubilee until 2040 also support increased long-term investment in the field.
  2. Greater Tortue Ahmeyim (GTA) LNG Project Ramp-up: The GTA liquefied natural gas (LNG) project offshore Mauritania and Senegal, which commenced commercial operations in June 2025, is a significant growth driver. Production has been strong, averaging around 2.9 million tonnes per annum (mtpa) equivalent year-to-date in 2026, surpassing its nameplate capacity of 2.7 mtpa. Kosmos is targeting 32 to 36 gross LNG cargoes and three gross condensate cargoes to be shipped in 2026.
  3. Production from Winterfell Wells: New wells in the U.S. Gulf of Mexico, specifically the Winterfell field, are expected to contribute to sequential production increases into 2026. The Winterfell four well was drilled and operations were underway in late 2025, contributing to current production levels.
  4. Favorable Commodity Price Environment: While not directly an operational factor, an elevated commodity price environment for oil and gas can significantly boost revenue. BofA Securities, for instance, raised its fiscal 2026 and 2027 EBITDA estimates for Kosmos Energy, citing higher commodity prices. The company also proactively hedges its oil production to underpin cash flow stability.

AI Analysis | Feedback

Share Issuance

  • In March 2026, Kosmos Energy launched a public offering of common stock aiming to raise $175 million, with an option for underwriters to purchase an additional $26.25 million.
  • The offering was priced at $1.90 per share for 97.5 million shares, generating gross proceeds of $185.25 million, and the underwriters fully exercised their option for an additional 14.625 million shares.
  • The net proceeds from this offering are intended to repay outstanding borrowings under the company's commercial debt facility and other outstanding debt.

Outbound Investments

  • Kosmos Energy acquired additional interests in the Jubilee and TEN fields offshore Ghana in 2021.
  • The company acquired the Kodiak field in the U.S. Gulf of Mexico in 2022.
  • In February 2026, Kosmos announced the sale of its producing assets in Equatorial Guinea for up to $219.5 million, with an effective date of January 1, 2025, and expected to close midyear 2026, to accelerate debt reduction.

Capital Expenditures

  • Full year capital expenditures for 2025 were approximately $290-$292 million, representing a significant reduction of nearly 70% year-on-year and the lowest level since 2017.
  • Capital expenditures for 2024 were approximately $967 million, based on the stated 70% year-on-year reduction to 2025 figures.
  • For 2026, expected capital expenditures are around $350 million, with approximately two-thirds (around 70%) allocated to the high-return drilling program in Jubilee, Ghana, and approximately $40 million for the acquisition of the TEN FPSO.

Better Bets vs. Kosmos Energy (KOS)

Peer Outperformance in Oil & Gas Exploration & Production

KOS has trailed 82% of its 50 Oil & Gas Exploration & Production peers over 5Y. Among the peers that beat it are CNX, COP and EOG. Oil & Gas Exploration & Production ranks 6th of 7 industries in Energy by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Oil & Gas Exploration & Production constituents that KOS has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
83%
of 59 industry peers · 69.5% return
3Y
11%
of 55 industry peers · -62.9% return
5Y
18%
of 50 industry peers · 16.3% return
Oil & Gas Exploration & Production peers with revenue growth within 4pp of KOS's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
KOS Kosmos Energy 0.4% -3.0x 69.5%-62.9%16.3%
CNX CNX Resources 0.9% 5.9x 26.9%68.9%214.2% +198pp
COP ConocoPhillips -1.1% 17.6x 49.0%20.0%190.2% +174pp
EOG EOG Resources 2.5% 11.1x 27.4%21.3%170.4% +154pp
GPOR Gulfport Energy -0.9% 6.5x 2.4%48.6%156.6% +140pp
RRC Range Resources -1.8% 11.5x 22.3%34.4%153.9% +138pp
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Energy sector, ranked by 5Y. Oil & Gas Exploration & Production is KOS's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Oil & Gas Refining & Marketing 11 113.0%116.4%407.7% PBF 768% · MPC 646% · VLO 569%
Integrated Oil & Gas 7 50.3%53.7%246.3% IMO 432% · SU 346% · CVE 319%
Oil & Gas Storage & Transportation 18 33.9%122.9%227.7% INSW 828% · LPG 783% · TRGP 615%
Oil & Gas Equipment & Services 34 63.3%23.3%125.2% FTI 1129% · SEI 775% · TDW 725%
Coal & Consumable Fuels 14 28.8%57.1%112.0% EU 1144% · LEU 450% · CCJ 373%
Oil & Gas Exploration & Production ← 51 31.1%5.9%110.9% KGEI 8100% · OBE 7152% · EP 3033%
Oil & Gas Drilling 7 69.7%1.9%100.8% VAL 188% · PDS 168% · NE 116%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

KOSAPAOXYMURTALOWTIMedian
NameKosmos E.APA Occident.Murphy O.Talos En.W&T Offs. 
Mkt Price2.7842.7760.0436.4416.843.8226.64
Mkt Cap1.615.159.95.22.80.64.0
Rev LTM1,5848,80621,6712,9931,9795622,486
Op Inc LTM1453,6405,8836951246420
FCF LTM-162,1024,79330679138548
FCF 3Y Avg-971,3995,1565668702718
CFO LTM2894,52810,9761,566791881,178
CFO 3Y Avg5464,07311,2971,651872791,261

Growth & Margins

KOSAPAOXYMURTALOWTIMedian
NameKosmos E.APA Occident.Murphy O.Talos En.W&T Offs. 
Rev Chg LTM6.4%-12.4%7.3%7.7%2.4%13.7%6.9%
Rev Chg 3Y Avg0.4%-0.8%-10.4%-7.1%12.3%-6.5%-3.7%
Rev Chg Q54.7%9.0%53.4%35.6%56.5%32.9%44.5%
QoQ Delta Rev Chg LTM15.7%2.3%14.9%8.8%13.8%7.7%11.3%
Op Inc Chg LTM156.9%15.5%37.6%25.3%179.6%109.7%73.7%
Op Inc Chg 3Y Avg26.0%-0.3%-3.8%-17.0%30.9%-176.2%-2.0%
Op Mgn LTM9.2%41.3%27.1%23.2%6.3%1.0%16.2%
Op Mgn 3Y Avg18.9%36.6%22.1%24.0%8.3%-2.8%20.5%
QoQ Delta Op Mgn LTM21.2%6.6%11.2%8.0%13.4%6.7%9.6%
CFO/Rev LTM18.3%51.4%50.6%52.3%39.9%15.7%45.3%
CFO/Rev 3Y Avg31.2%43.9%53.2%54.0%45.9%14.5%44.9%
FCF/Rev LTM-1.0%23.9%22.1%10.2%39.9%6.7%16.2%
FCF/Rev 3Y Avg-6.3%15.1%24.4%18.1%45.8%0.2%16.6%

Valuation

KOSAPAOXYMURTALOWTIMedian
NameKosmos E.APA Occident.Murphy O.Talos En.W&T Offs. 
Mkt Cap1.615.159.95.22.80.64.0
P/S1.01.72.81.71.41.01.6
P/Op Inc11.34.110.27.522.6102.910.8
P/EBIT-9.14.59.58.9-8.3-44.1-1.9
P/E-3.09.08.317.8-6.9-5.32.6
P/CFO5.73.35.53.33.66.54.5
Total Yield-32.9%13.5%14.9%9.3%-14.4%-17.9%-2.5%
Dividend Yield0.0%2.4%2.8%3.7%0.0%1.1%1.7%
FCF Yield 3Y Avg-10.7%15.6%10.9%11.9%48.1%-1.0%11.4%
D/E1.70.30.20.40.40.60.4
Net D/E1.60.20.20.30.20.40.3

Returns

KOSAPAOXYMURTALOWTIMedian
NameKosmos E.APA Occident.Murphy O.Talos En.W&T Offs. 
1M Rtn12.6%17.1%7.1%11.4%19.6%14.7%13.6%
3M Rtn-1.1%17.8%5.9%-4.8%16.6%3.5%4.7%
6M Rtn8.2%32.7%11.8%7.5%26.9%22.7%17.2%
12M Rtn69.5%94.6%33.5%52.1%77.8%120.0%73.7%
3Y Rtn-62.9%7.4%-3.4%-11.3%-0.9%-5.9%-4.7%
1M Excs Rtn12.4%17.0%7.0%11.3%19.5%14.6%13.5%
3M Excs Rtn-5.6%13.2%1.4%-9.3%12.1%-1.0%0.2%
6M Excs Rtn-6.3%18.2%-2.7%-7.0%12.4%8.1%2.7%
12M Excs Rtn42.9%70.1%12.8%28.9%54.9%94.0%48.9%
3Y Excs Rtn-133.0%-61.3%-69.9%-81.0%-73.5%-72.9%-73.2%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Exploration, development and production of oil and gas1,2881,6751,7022,245 
Gas sales    19
Natural gas liquid (NGL) sales    15
Oil sales    1,299
Total1,2881,6751,7022,2451,332


Price Behavior

Price Behavior
Market Price$2.78 
Market Cap ($ Bil)1.6 
First Trading Date05/11/2011 
Distance from 52W High-15.0% 
   50 Days200 Days
DMA Price$2.50$2.19
DMA Trendupdown
Distance from DMA11.4%27.0%
 3M1YR
Volatility76.9%88.3%
Downside Capture-252.72-134.66
Upside Capture-203.40-43.78
Correlation (SPY)-27.5%-9.6%
KOS Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta-3.25-2.68-1.42-2.26-0.660.93
Up Beta-3.280.81-2.23-3.43-1.610.87
Down Beta-9.12-3.930.09-2.010.802.08
Up Capture-147%-164%-121%-78%-24%3%
Bmk +ve Days10213268138427
Stock +ve Days13273771126357
Down Capture-483%-857%-239%-447%-276%82%
Bmk -ve Days11213259113324
Stock -ve Days8152654118368

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with KOS
KOS61.9%88.3%0.93-
Sector ETF (XLE)47.5%21.7%1.7051.0%
Equity (SPY)19.7%12.8%1.13-9.8%
Gold (GLD)24.6%29.2%0.754.9%
Commodities (DBC)43.8%20.3%1.6756.2%
Real Estate (VNQ)9.1%13.6%0.39-6.1%
Bitcoin (BTCUSD)-28.1%43.8%-0.6316.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with KOS
KOS3.3%69.9%0.34-
Sector ETF (XLE)25.4%25.7%0.8665.6%
Equity (SPY)12.8%17.2%0.5725.9%
Gold (GLD)19.1%18.8%0.828.6%
Commodities (DBC)10.7%19.5%0.4353.4%
Real Estate (VNQ)1.7%18.9%-0.0118.9%
Bitcoin (BTCUSD)10.2%52.6%0.3815.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with KOS
KOS-7.1%77.5%0.27-
Sector ETF (XLE)10.6%29.6%0.3967.6%
Equity (SPY)15.3%17.9%0.7237.5%
Gold (GLD)12.4%16.3%0.626.2%
Commodities (DBC)7.9%18.1%0.3552.0%
Real Estate (VNQ)4.8%20.7%0.1930.0%
Bitcoin (BTCUSD)63.7%66.2%1.0311.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date8142026
Short Interest: Shares Quantity25.3 Mil
Short Interest: % Change Since 7312026-5.3%
Average Daily Volume11.9 Mil
Days-to-Cover Short Interest2.1 days
Basic Shares Quantity593.4 Mil
Short % of Basic Shares4.3%

Earnings Returns History

Updated 9/3/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/3/2026-5.9%-7.8%6.3%
5/5/2026-4.6%-11.9%-8.6%
11/3/2025-5.7%-7.0%-30.6%
8/4/2025-2.6%-10.3%-6.7%
5/6/2025-3.1%20.1%13.8%
11/4/2024-1.6%-1.6%3.5%
8/5/2024-4.5%-2.2%-7.6%
5/7/20242.0%2.4%-2.4%
...
SUMMARY STATS   
# Positive81013
# Negative14129
Median Positive5.1%7.7%7.3%
Median Negative-4.7%-6.8%-8.6%
Max Positive28.3%29.3%119.2%
Max Negative-17.1%-11.9%-30.6%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/3/2026-5.9%-7.8%6.3%
5/5/2026-4.6%-11.9%-8.6%
11/3/2025-5.7%-7.0%-30.6%
8/4/2025-2.6%-10.3%-6.7%
5/6/2025-3.1%20.1%13.8%
11/4/2024-1.6%-1.6%3.5%
8/5/2024-4.5%-2.2%-7.6%
5/7/20242.0%2.4%-2.4%
2/26/2024-3.4%4.9%-0.3%
11/6/2023-6.6%-7.5%-17.3%
8/7/20230.3%2.2%2.1%
5/9/20230.0%-3.0%7.3%
2/27/202313.1%6.2%-8.7%
11/7/20227.3%4.0%-14.4%
8/8/2022-1.0%9.2%11.1%
5/9/2022-17.1%-7.7%13.8%
2/28/20228.0%25.1%49.3%
11/8/2021-4.8%-3.7%2.1%
8/9/2021-6.6%-4.8%3.1%
5/10/2021-9.8%-6.7%5.1%
2/22/20212.9%12.4%12.0%
11/9/202028.3%29.3%119.2%
SUMMARY STATS   
# Positive81013
# Negative14129
Median Positive5.1%7.7%7.3%
Median Negative-4.7%-6.8%-8.6%
Max Positive28.3%29.3%119.2%
Max Negative-17.1%-11.9%-30.6%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/03/202610-Q
03/31/202605/05/202610-Q
12/31/202503/02/202610-K
09/30/202511/04/202510-Q
06/30/202508/04/202510-Q
03/31/202505/06/202510-Q
12/31/202402/24/202510-K
09/30/202411/04/202410-Q
06/30/202408/05/202410-Q
03/31/202405/07/202410-Q
12/31/202302/26/202410-K
09/30/202311/06/202310-Q
06/30/202308/07/202310-Q
03/31/202305/09/202310-Q
12/31/202202/28/202310-K
09/30/202211/07/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/03/202610-Q
03/31/202605/05/202610-Q
12/31/202503/02/202610-K
09/30/202511/04/202510-Q
06/30/202508/04/202510-Q
03/31/202505/06/202510-Q
12/31/202402/24/202510-K
09/30/202411/04/202410-Q
06/30/202408/05/202410-Q
03/31/202405/07/202410-Q
12/31/202302/26/202410-K
09/30/202311/06/202310-Q
06/30/202308/07/202310-Q
03/31/202305/09/202310-Q
12/31/202202/28/202310-K
09/30/202211/07/202210-Q
06/30/202208/08/202210-Q
03/31/202205/09/202210-Q
12/31/202102/28/202210-K
09/30/202111/08/202110-Q
06/30/202108/09/202110-Q
03/31/202105/10/202110-Q
12/31/202002/23/202110-K
09/30/202011/09/202010-Q
06/30/202008/03/202010-Q
03/31/202005/11/202010-Q
12/31/201902/25/202010-K
09/30/201911/04/201910-Q

Recent Forward Guidance

Updated 8/4/2026

Latest: Q2 2026 Earnings Reported 8/3/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q3 2026 ProductionReported68,00070,00072,000-2.8% Lower NewGuidance: 72,000 for Q2 2026
Q3 2026 OpexReported181920   
Q3 2026 Capital ExpenditureReported75.00 Mil87.50 Mil100.00 Mil   
2026 ProductionReported69,00071,50074,000-3.4% LoweredGuidance: 74,000 for 2026
2026 OpexReported192021   
2026 Capital ExpenditureReported 350.00 Mil 0 AffirmedGuidance: 350.00 Mil for 2026


Prior: Q1 2026 Earnings Reported 5/5/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q2 2026 ProductionReported70,00072,00074,0004.3% Higher NewActual: 69,000 for Q4 2025
2026 ProductionReported70,00074,00078,00013.8% Higher NewActual: 65,000 for 2025
2026 Debt Reduction TargetReported 0.2 110.0%RaisedGuidance: 0.1 for 2025
2026 Capital ExpendituresReported 350.00 Mil 0 Same NewActual: 350.00 Mil for 2025

Q3 2025 Earnings Reported 11/3/2025

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q4 2025 ProductionReported66,00069,00072,0001.5% Higher NewActual: 68,000 for Q3 2025
Q4 2025 OpexReported1516.518   
Q4 2025 DD&AReported212223   
Q4 2025 G&AReported 15.00 Mil    
Q4 2025 Exploration ExpenseReported 10.00 Mil    
Q4 2025 Net Interest ExpenseReported55.00 Mil57.50 Mil60.00 Mil   
Q4 2025 TaxReported456   
Q4 2025 Capital ExpenditureReported80.00 Mil90.00 Mil100.00 Mil2.9% Higher NewActual: 87.50 Mil for Q3 2025
2025 ProductionReported 65,000 -3.7% LoweredGuidance: 67,500 for 2025
2025 OpexReported 22    
2025 DD&AReported222324   
2025 G&AReported 75.00 Mil    
2025 Exploration ExpenseReported25.00 Mil35.00 Mil45.00 Mil   
2025 Net Interest ExpenseReported 220.00 Mil    
2025 TaxReported456   
2025 Capital ExpenditureReported 350.00 Mil 0.0% AffirmedGuidance: 350.00 Mil for 2025

Insider Activity

Updated 7/6/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Shah, Nealesh DSVP and CFODirectSell70620262.0545,98094,2593,967,590Form
2Marion, Josh RSVP and General CounselDirectSell70620262.0524,96951,186478,478Form
3Glass, Ronald WVP & Chief Accounting OfficerDirectSell70620262.0512,12824,862735,335Form
4Inglis, Andrew GChairman and CEODirectSell70620262.0585,935176,1679,589,988Form
5Franklin, Roy A DirectSell52920262.7343,466118,662411,471Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Shah, Nealesh DSVP and CFODirectSell70620262.0545,98094,2593,967,590Form
2Marion, Josh RSVP and General CounselDirectSell70620262.0524,96951,186478,478Form
3Glass, Ronald WVP & Chief Accounting OfficerDirectSell70620262.0512,12824,862735,335Form
4Inglis, Andrew GChairman and CEODirectSell70620262.0585,935176,1679,589,988Form
5Franklin, Roy A DirectSell52920262.7343,466118,662411,471Form
6Grant, John Douglas Kelso DirectSell52920262.7343,466118,662224,709Form
7Sterin, Steven DirectSell52920262.7338,636105,476904,435Form
8Ogunlesi, Adebayo O DirectBuy31220261.903,157,8956,000,0009,450,950Form
9Stice, J Michael DirectBuy31220261.9052,63199,999394,478Form
10Shah, Nealesh DSVP and CFODirectBuy31220261.90157,894299,9993,539,816Form
11Inglis, Andrew GChairman and CEODirectBuy31220261.90315,790600,0018,631,333Form
12Marion, Josh RSVP and General CounselDirectSell20520261.423,2844,663275,658Form
13Shah, Nealesh DSVP and CFODirectSell20520261.4224,69035,0602,421,337Form
14Glass, Ronald WVP & Chief Accounting OfficerDirectSell20520261.423,3134,704482,277Form
15Inglis, Andrew GChairman and CEODirectSell20520261.4244,62863,3726,002,364Form
16Marion, Josh RSVP and General CounselDirectSell20520261.3719,65626,929270,450Form
17Shah, Nealesh DSVP and CFODirectSell20520261.3754,43474,5752,369,904Form
18Glass, Ronald WVP & Chief Accounting OfficerDirectSell20520261.3719,28526,420469,835Form
19Inglis, Andrew GChairman and CEODirectSell20520261.37103,554141,8695,852,154Form
Core Cache Last Updated: 9/5/2026