Kosmos Energy Ltd. [KOS] Revenue clocked in at $2.05 billion, up 111.56% YTD: What’s Next?

Kosmos Energy Ltd. [NYSE: KOS] price surged by 7.33 percent to reach at $0.5. The company report on November 7, 2022 that Kosmos Energy Announces Third Quarter 2022 Results.


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Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the third quarter of 2022. For the quarter, the Company generated a net income of $222 million, or $0.47 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net income(1) of $90 million, or $0.19 per diluted share for the third quarter of 2022.

A sum of 5634760 shares traded at recent session while its average daily volume was at 6.71M shares. Kosmos Energy Ltd. shares reached a high of $7.3988 and dropped to a low of $6.81 until finishing in the latest session at $7.32.

The one-year KOS stock forecast points to a potential upside of 25.84. The average equity rating for KOS stock is currently 1.30, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Kosmos Energy Ltd. [KOS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KOS shares is $9.87 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KOS stock is a recommendation set at 1.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Berenberg have made an estimate for Kosmos Energy Ltd. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 25, 2022. The new note on the price target was released on June 13, 2022, representing the official price target for Kosmos Energy Ltd. stock. Previously, the target price had yet another raise to $3.95, while Barclays analysts kept a Overweight rating on KOS stock.

The Average True Range (ATR) for Kosmos Energy Ltd. is set at 0.37, with the Price to Sales ratio for KOS stock in the period of the last 12 months amounting to 1.59. The Price to Book ratio for the last quarter was 5.05, with the Price to Cash per share for the same quarter was set at 0.50. Price to Free Cash Flow for KOS in the course of the last twelve months was 12.84 with Quick ratio for the last quarter at 0.60.

KOS Stock Performance Analysis:

Kosmos Energy Ltd. [KOS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.79. With this latest performance, KOS shares gained by 19.41% in over the last four-week period, additionally plugging by 19.61% over the last 6 months – not to mention a rise of 94.68% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KOS stock in for the last two-week period is set at 68.43, with the RSI for the last a single of trading hit 75.84, and the three-weeks RSI is set at 63.21 for Kosmos Energy Ltd. [KOS]. The present Moving Average for the last 50 days of trading for this stock 6.19, while it was recorded at 6.78 for the last single week of trading, and 6.26 for the last 200 days.

Insight into Kosmos Energy Ltd. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Kosmos Energy Ltd. [KOS] shares currently have an operating margin of +27.60 and a Gross Margin at +34.41. Kosmos Energy Ltd.’s Net Margin is presently recorded at -5.81.

Return on Equity for this stock declined to -16.06, with Return on Assets sitting at -1.77.

Kosmos Energy Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.80.

Kosmos Energy Ltd. [KOS] Insider Position Details

There are presently around $2,868 million, or 93.10% of KOS stock, in the hands of institutional investors. The top three institutional holders of KOS stocks are: FMR LLC with ownership of 67,965,626, which is approximately 24.859% of the company’s market cap and around 0.50% of the total institutional ownership; BLACKROCK INC., holding 33,834,992 shares of the stock with an approximate value of $247.67 million in KOS stocks shares; and STATE STREET CORP, currently with $167.05 million in KOS stock with ownership of nearly -10.159% of the company’s market capitalization.

Positions in Kosmos Energy Ltd. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 127 institutional holders increased their position in Kosmos Energy Ltd. [NYSE:KOS] by around 52,335,932 shares. Additionally, 100 investors decreased positions by around 52,971,682 shares, while 35 investors held positions by with 286,546,502 shares. The mentioned changes placed institutional holdings at 391,854,116 shares, according to the latest SEC report filing. KOS stock had 51 new institutional investments in for a total of 13,867,167 shares, while 30 institutional investors sold positions of 6,666,197 shares during the same period.

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