Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Kosmos Energy (KOS) Stock Price
Headlines about Kosmos Energy (NYSE:KOS) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kosmos Energy earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned news stories about the oil and gas producer an impact score of 47.1989036168167 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Analyzing Legacy Reserves (LGCY) & Kosmos Energy (KOS) (americanbankingnews.com)
- Barclays PLC Increases Kosmos Energy Ltd. (KOS) Price Target to $8.00 (americanbankingnews.com)
- Kosmos Energy : California State Teachers Retirement System Purchases 29,824 Shares of Kosmos Energy Ltd. (KOS) (4-traders.com)
- Kosmos Energy (KOS) & Its Competitors Critical Review (americanbankingnews.com)
- Kosmos Energy (KOS) & Its Rivals Head to Head Survey (americanbankingnews.com)
Kosmos Energy (NYSE:KOS) traded down $0.02 during trading hours on Tuesday, reaching $7.89. 935,564 shares of the company’s stock were exchanged, compared to its average volume of 2,596,303. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.66 and a quick ratio of 1.39. Kosmos Energy has a twelve month low of $4.60 and a twelve month high of $8.62.
Kosmos Energy (NYSE:KOS) last released its earnings results on Monday, November 6th. The oil and gas producer reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03). The firm had revenue of $151.20 million for the quarter, compared to analyst estimates of $149.10 million. Kosmos Energy had a negative net margin of 23.83% and a negative return on equity of 8.88%. The business’s revenue for the quarter was up 126.9% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.09) EPS. sell-side analysts expect that Kosmos Energy will post -0.34 EPS for the current year.
Several research analysts have recently issued reports on KOS shares. BMO Capital Markets reaffirmed a “buy” rating and issued a $9.00 price objective on shares of Kosmos Energy in a research note on Wednesday, September 27th. Scotiabank raised Kosmos Energy from a “sector perform” rating to a “buy” rating in a research note on Thursday, October 26th. Royal Bank Of Canada set a $15.00 price objective on Kosmos Energy and gave the company a “buy” rating in a research note on Friday, October 27th. TheStreet raised Kosmos Energy from a “d+” rating to a “c-” rating in a research note on Friday, October 6th. Finally, Barclays PLC upped their price objective on Kosmos Energy from $6.00 to $7.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 11th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $9.60.
In other news, Director Yves-Louis Darricarrere sold 14,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $8.57, for a total transaction of $119,980.00. Following the completion of the sale, the director now owns 65,191 shares of the company’s stock, valued at approximately $558,686.87. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 3.80% of the company’s stock.
About Kosmos Energy
Kosmos Energy Ltd. (Kosmos) is an independent oil and gas exploration and production company. The Company is focused on the emerging areas along the Atlantic Margins. Its assets include existing production and development projects offshore Ghana, discoveries and further exploration potential offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Sao Tome and Principe, Suriname, Morocco and Western Sahara.
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