Kosmos Energy reports Q4 loss, misses estimates, but beats revenues; provides production outlook

From Nasdaq: 2025-02-24 04:11:00

Kosmos Energy Ltd. reported a net loss of $6.58 million in the fourth quarter, compared to a profit of $21.68 million last year. Adjusted net loss was $15.58 million, with revenue dropping to $397.66 million from $507.81 million. Analysts had expected a loss of $0.02 per share, while the actual loss per share was $0.01. Pre-tax loss was $33.83 million. Production for the first quarter is expected to range between 62,000 to 66,000 boe per day, with full year 2025 production estimated to range between 70,000 to 80,000 boe per day.



Read more at Nasdaq: Kosmos Slips To Q4 Loss, Misses Estimates, But Revenues Beat; Provides Q1, FY25 Production View