KOS

EQS-News: Q3 2023: Kontron’s strategic realignment is a resounding success

Retrieved on: 
Tuesday, November 7, 2023

Revenue in Q3 increased by 14.4% to EUR 300.0 million (Q3 2022: EUR 262.4 million).

Key Points: 
  • Revenue in Q3 increased by 14.4% to EUR 300.0 million (Q3 2022: EUR 262.4 million).
  • The gross margin improved significantly to 39.4% (Q3 2022: 34.6%) while EBITDA underwent a very strong increase of 74.4% to EUR 34.9 million.
  • (Q3 2022: EUR 20.0 million).
  • Hannes Niederhauser, CEO of Kontron AG: “The strategic realignment of the new Kontron with its own technologies is a resounding success.

Kosmos Energy Increases Working Interest and Assumes Operatorship of Yakaar-Teranga

Retrieved on: 
Monday, November 6, 2023

Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today that it has increased its working interest to 90% and assumed operatorship, subject to customary government approvals, of the world-scale Yakaar-Teranga gas discoveries offshore Senegal.

Key Points: 
  • Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today that it has increased its working interest to 90% and assumed operatorship, subject to customary government approvals, of the world-scale Yakaar-Teranga gas discoveries offshore Senegal.
  • The increase in working interest follows BP’s exit from the field.
  • As concept optimization progresses, our aim is for PETROSEN to participate as an equal partner in the full value chain with a greater working interest.
  • Kosmos Energy’s Chairman and Chief Executive Officer Andrew G. Inglis said: “Increasing our working interest and assuming operatorship of Yakaar-Teranga is a major value creation opportunity for Kosmos.

Kosmos Energy Announces Third Quarter 2023 Results

Retrieved on: 
Monday, November 6, 2023

Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the third quarter of 2023.

Key Points: 
  • Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the third quarter of 2023.
  • Kosmos exited the third quarter of 2023 with approximately $2.4 billion of total long-term debt and approximately $2.3 billion of net debt(1) and available liquidity of approximately $0.6 billion.
  • Total net production(2) in the third quarter of 2023 averaged approximately 68,200 boepd, a ~17% increase from the second quarter, in line with guidance.
  • Kosmos will host a conference call and webcast to discuss third quarter 2023 financial and operating results today, November 6, 2023, at 10:00 a.m Central time (11:00 a.m. Eastern time).

Kosmos Energy Announces Oil Discovery in the U.S. Gulf of Mexico

Retrieved on: 
Wednesday, October 11, 2023

Kosmos Energy (NYSE/LSE: KOS) announced today an oil discovery in the U.S. Gulf of Mexico at the Tiberius exploration well.

Key Points: 
  • Kosmos Energy (NYSE/LSE: KOS) announced today an oil discovery in the U.S. Gulf of Mexico at the Tiberius exploration well.
  • Kosmos is operator of the well and has a 33.34% working interest alongside Occidental and Equinor ASA (both 33.33%).
  • The Tiberius exploration well tested a four-way structural trap in the outboard Wilcox trend, located in Keathley Canyon Block 964.
  • The Gulf of Mexico is an advantaged basin with top quartile carbon emissions, and discoveries like Tiberius can bring lower carbon U.S. supply to meet near-term growing oil demand.”

Kosmos Energy to Host Third Quarter 2023 Results and Webcast on November 6, 2023

Retrieved on: 
Friday, October 6, 2023

Kosmos Energy (NYSE/LSE: KOS) announced today the following schedule for its third quarter 2023 results:

Key Points: 
  • Kosmos Energy (NYSE/LSE: KOS) announced today the following schedule for its third quarter 2023 results:
    Earnings Release: Monday, November 6, 2023, pre-UK market open via Business Wire, Regulatory News Service, and the Company’s website at www.kosmosenergy.com .
  • Conference Call: Monday, November 6, 2023, at 11:00 a.m. EST.
  • The call will be available via telephone and webcast.

wire China 2023: Gathering Momentum to Drive the Future Development of the Wire & Cable Industry

Retrieved on: 
Monday, September 4, 2023

wire China is not only a professional one-stop business platform, but also an excellent place to launch cutting-edge technologies and share industry development trends.

Key Points: 
  • wire China is not only a professional one-stop business platform, but also an excellent place to launch cutting-edge technologies and share industry development trends.
  • The theme of wire China 2023 is "strengthening the industry chain, congregating for intelligent development".
  • This will stimulate the virtuous cycle of the industry and the new path of intelligent development and continue to boost China's wire and cable industry.
  • During the 4 days, people from industry and society will gather together to gauge the development direction of the wire and cable industry and create a digital and intelligent future for the industry!

Kosmos Energy Announces Second Quarter 2023 Results

Retrieved on: 
Monday, August 7, 2023

Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the second quarter of 2023.

Key Points: 
  • Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the second quarter of 2023.
  • When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net income(1) of $27 million, or $0.06 per diluted share for the second quarter of 2023.
  • Kosmos exited the second quarter of 2023 with approximately $2.4 billion of total long-term debt and approximately $2.3 billion of net debt(1) and available liquidity of approximately $0.7 billion.
  • Kosmos will host a conference call and webcast to discuss second quarter 2023 financial and operating results today, August 7, 2023, at 10:00 a.m. Central time (11:00 a.m. Eastern time).

Start Up of the Jubilee South East Project

Retrieved on: 
Friday, July 14, 2023

Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) alongside its joint venture partners Tullow Oil plc (operator), Ghana National Petroleum Corporation and Petro SA is pleased to announce the successful start-up of the Jubilee South East (JSE) project, offshore Ghana.

Key Points: 
  • Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) alongside its joint venture partners Tullow Oil plc (operator), Ghana National Petroleum Corporation and Petro SA is pleased to announce the successful start-up of the Jubilee South East (JSE) project, offshore Ghana.
  • These two wells are expected to take Jubilee production to over 100,000 bopd gross.
  • The partnership plans to maintain this increased level of production at Jubilee over the next few years through an ongoing infill drilling program.
  • Delivery of Jubilee South East is the first of three major growth projects for Kosmos.

Kosmos Energy to Host Second Quarter 2023 Results and Webcast on August 7, 2023

Retrieved on: 
Thursday, July 6, 2023

Kosmos Energy (NYSE/LSE: KOS) announced today the following schedule for its second quarter 2023 results:

Key Points: 
  • Kosmos Energy (NYSE/LSE: KOS) announced today the following schedule for its second quarter 2023 results:
    Earnings Release: Monday, August 7, 2023, pre-UK market open via Business Wire, Regulatory News Service, and the Company’s website at www.kosmosenergy.com .
  • Conference Call: Monday, August 7, 2023, at 11:00 a.m. EST.
  • The call will be available via telephone and webcast.

Kosmos Energy Announces First Quarter 2023 Results

Retrieved on: 
Tuesday, May 9, 2023

Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the first quarter of 2023.

Key Points: 
  • Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the first quarter of 2023.
  • “Kosmos has a busy year of catalysts ahead, having already delivered key milestones in the first quarter.
  • Kosmos exited the first quarter of 2023 with approximately $2.3 billion of total long-term debt and approximately $2.1 billion of net debt(1) and available liquidity of approximately $1.0 billion.
  • Kosmos will host a conference call and webcast to discuss first quarter 2023 financial and operating results today, May 9, 2023, at 10:00 a.m. Central time (11:00 a.m. Eastern time).