Kosmos Energy to Host Fourth Quarter 2024 Results and Webcast on February 24, 2025

Kosmos Energy (NYSE/LSE: KOS) has announced that it will host its fourth quarter 2024 financial results and webcast on Monday, February 24, 2025. The company will release its earnings before the UK market opens via Business Wire, Regulatory News Service, and the corporate website at . A conference call is scheduled for 11:00 a.m. ET on the same day, accessible through various toll-free and international dial-in numbers. A webcast will be available at , with a replay accessible for approximately 90 days following the event.

Kosmos Energy Logo

Kosmos Energy is a leading deepwater exploration and production company focused on meeting the world's growing demand for energy. With diversified oil and gas production from key assets offshore Ghana, Equatorial Guinea, Mauritania, Senegal, and the U.S. Gulf of Mexico, the company is well-positioned to deliver strong financial performance in the fourth quarter of 2024.

Insert a bar chart showing Kosmos Energy's quarterly revenue and net income for the past four quarters

Investors will be closely watching Kosmos Energy's fourth quarter 2024 results to assess the company's progress towards its strategic objectives. Key metrics to focus on include:

1. Net income: This is the primary indicator of the company's profitability. In the fourth quarter of 2024, Kosmos Energy is expected to report a net income of $45 million, or $0.09 per share.
2. Net production: This metric represents the company's total production of oil and gas, excluding any hedging or derivative cash settlements. In the fourth quarter of 2024, Kosmos Energy's net production is expected to be 65,400 barrels of oil equivalent per day (boepd).
3. Revenue: This is the total income generated by the company from its operations. In the fourth quarter of 2024, Kosmos Energy is expected to generate revenues of $408 million, or $73.52 per boe.
4. Capital expenditures (Capex): This metric represents the company's spending on exploration, development, and maintenance of its assets. In the fourth quarter of 2024, Kosmos Energy's capex is expected to be $210 million.
5. Free cash flow (FCF): This is the cash generated by the company's operations after accounting for capital expenditures. In the fourth quarter of 2024, Kosmos Energy's FCF is expected to be negative $(213) million.

Kosmos Energy's production facilities

Kosmos Energy's production highlights for the fourth quarter of 2024 include:

* Ghana: Averaging 40,500 boepd
* U.S. Gulf of Mexico: 16,900 boepd
* Equatorial Guinea: 8,000 boepd

The company plans to reduce its 2025 capital expenditure guidance from $550 million to $400 million, focusing on cash generation and debt reduction. This strategic shift reflects Kosmos Energy's commitment to disciplined capital allocation and the generation of free cash flow.

Insert a pie chart showing Kosmos Energy's production by region in the fourth quarter of 2024

In conclusion, Kosmos Energy's fourth quarter 2024 results and webcast on February 24, 2025, will provide valuable insights into the company's financial performance and strategic progress. Investors should pay close attention to the key metrics and production highlights discussed in this article to make informed decisions about the company's future prospects.