Kosmos Energy Ltd.
KOS · Crude Petroleum & Natural Gas · 593.2M shares · +5%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: -$41M (gross $2M, SBC $43M)
Reference price $2.73 · est. market cap ~$1.6B — last insider sale, 2026-05-28 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D48Deepwater E&P with diversified assets but a loss year, falling revenue and distress-adjacent leverage.
Strengths
- Diversified producing portfolio (Ghana, GoA, Mauritania/Senegal) with positive OCF margin ~10% and active refinancing/asset-sale (EG sale) progress
- Cash ~$92M (71st pct) and license extensions to 2040 supporting longevity
Risks
- Debt-to-equity 5.5 (97.5th pct), ROE -1.32 (3rd pct) and net margin -54% (20th pct)
- Revenue -23% and net income growth deeply negative (7.5th pct); current/quick ratios weak amid heavy refinancing
Notable findings
- High leverageHigh leverage (debt/equity 5.53)
- Net lossNet loss (net margin -54.3%)
- Weak liquidityCurrent ratio 0.75 (<1)
- Insider buyingInsider buying — 4 open-market buy(s) by 4 insider(s) (cluster of 4 insiders, ~$7M, last 6mo) Form 4 ↗
- Insider sellingInsider selling — 11 open-market sale(s) by 7 insider(s) (cluster of 7 insiders, ~$720,393, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Net margin
-54.3%
Return on equity
-132.4%
Return on assets
-14.9%
Revenue growth (QoQ)
25.8%
Net-income growth
-468.6%
Debt / equity
5.5×
Current ratio
0.7×
Tangible book value
$529M
Cash & investments
$92M
Stock comp / revenue
2.2%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-28 | Grant John Douglas Kelso | Grant | 62K | $2.74 |
| 2026-05-28 | Sterin Steven | Grant | 62K | $2.74 |
| 2026-05-28 | Franklin Roy A. | Sell | 43K | $2.73 |
| 2026-05-28 | Franklin Roy A. | Grant | 62K | $2.74 |
| 2026-05-28 | STICE J MICHAEL | Grant | 62K | $2.74 |
| 2026-05-28 | GOODWIN DEANNA L | Grant | 62K | $2.74 |
| 2026-05-28 | Moraeus Hanssen Maria | Grant | 62K | $2.74 |
| 2026-05-28 | Ogunlesi Adebayo O. | Grant | 62K | $2.74 |
| 2026-05-27 | Grant John Douglas Kelso | Sell | 43K | $2.73 |
| 2026-05-27 | Grant John Douglas Kelso | Tax withheld | 735 | $2.85 |
| 2026-05-27 | Franklin Roy A. | Tax withheld | 976 | $2.85 |
| 2026-05-27 | Sterin Steven | Sell | 39K | $2.73 |
| 2026-03-10 | STICE J MICHAEL | Buy | 53K | $1.90 |
| 2026-03-10 | Ogunlesi Adebayo O. | Buy | 3.2M | $1.90 |
| 2026-03-10 | Shah Nealesh D. | Buy | 158K | $1.90 |
| 2026-03-10 | INGLIS ANDREW G | Buy | 316K | $1.90 |
| 2026-02-04 | Glass Ronald W. | Sell | 3.3K | $1.42 |
| 2026-02-04 | INGLIS ANDREW G | Sell | 45K | $1.42 |
| 2026-02-04 | Shah Nealesh D. | Sell | 25K | $1.42 |
| 2026-02-04 | Marion Josh R. | Sell | 3.3K | $1.42 |
| 2026-02-03 | Marion Josh R. | Grant | 7.7K | — |
| 2026-02-03 | Marion Josh R. | Sell | 20K | $1.37 |
| 2026-02-03 | Shah Nealesh D. | Grant | 66K | — |
| 2026-02-03 | Shah Nealesh D. | Sell | 54K | $1.37 |
| 2026-02-03 | Glass Ronald W. | Grant | 7.7K | — |
| 2026-02-03 | Glass Ronald W. | Sell | 19K | $1.37 |
| 2026-02-03 | INGLIS ANDREW G | Grant | 119K | — |
| 2026-02-03 | INGLIS ANDREW G | Sell | 104K | $1.37 |
| 2026-01-31 | Marion Josh R. | Grant | 58K | — |
| 2026-01-31 | Shah Nealesh D. | Grant | 163K | — |
| 2026-01-31 | Glass Ronald W. | Grant | 55K | — |
| 2026-01-31 | INGLIS ANDREW G | Grant | 298K | — |
| 2025-06-05 | Sterin Steven | Grant | 97K | $1.76 |
| 2025-06-05 | Franklin Roy A. | Grant | 97K | $1.76 |
| 2025-06-05 | Grant John Douglas Kelso | Sell | 28K | $1.81 |
| 2025-06-05 | Grant John Douglas Kelso | Grant | 97K | $1.76 |
| 2025-06-05 | Ogunlesi Adebayo O. | Grant | 97K | $1.76 |
| 2025-06-05 | Moraeus Hanssen Maria | Grant | 97K | $1.76 |
| 2025-06-05 | GOODWIN DEANNA L | Grant | 97K | $1.76 |
| 2025-06-05 | STICE J MICHAEL | Grant | 97K | $1.76 |
| 2025-06-04 | Franklin Roy A. | Tax withheld | 299 | $1.81 |
| 2025-06-04 | Grant John Douglas Kelso | Tax withheld | 275 | $1.81 |
| 2025-02-05 | Glass Ronald W. | Sell | 10K | $3.12 |
| 2025-02-05 | Marion Josh R. | Sell | 10K | $3.12 |
| 2025-02-05 | Ball Christopher James | Sell | 85K | $3.12 |
| 2025-02-05 | Shah Nealesh D. | Sell | 78K | $3.12 |
| 2025-02-05 | INGLIS ANDREW G | Sell | 139K | $3.12 |
| 2025-02-04 | Shah Nealesh D. | Sell | 78K | $3.11 |
| 2025-02-04 | INGLIS ANDREW G | Sell | 139K | $3.11 |
| 2025-02-04 | Marion Josh R. | Sell | 10K | $3.11 |
| 2025-02-04 | Ball Christopher James | Sell | 139K | $3.11 |
| 2025-02-04 | Glass Ronald W. | Sell | 10K | $3.11 |
| 2025-02-03 | Glass Ronald W. | Sell | 16K | $3.12 |
| 2025-02-03 | INGLIS ANDREW G | Sell | 103K | $3.12 |
| 2025-02-03 | Shah Nealesh D. | Sell | 57K | $3.12 |
| 2025-02-03 | Marion Josh R. | Sell | 16K | $3.12 |
| 2025-01-31 | INGLIS ANDREW G | Grant | 692K | — |
| 2025-01-31 | Glass Ronald W. | Grant | 50K | — |
| 2025-01-31 | Glass Ronald W. | Grant | 52K | — |
| 2025-01-31 | Ball Christopher James | Grant | 100K | — |
| 2025-01-31 | Ball Christopher James | Grant | 355K | — |
| 2025-01-31 | Marion Josh R. | Grant | 53K | — |
| 2025-01-31 | Marion Josh R. | Grant | 52K | — |
| 2025-01-31 | Shah Nealesh D. | Grant | 148K | — |
| 2025-01-31 | Shah Nealesh D. | Grant | 389K | — |
| 2025-01-31 | INGLIS ANDREW G | Grant | 271K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-22 | Acquisition/dispositionExhibits | filing ↗ |
| 2026-05-28 | Shareholder vote | filing ↗ |
| 2026-05-05 | ResultsReg FDExhibits | filing ↗ |
| 2026-03-12 | OtherExhibits | filing ↗ |
| 2026-03-02 | Acquisition/dispositionReg FDExhibits | filing ↗ |
| 2026-02-25 | Material agreementReg FDExhibits | filing ↗ |
| 2026-01-29 | Reg FD | filing ↗ |
| 2026-01-26 | Reg FD | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-22 | 2026-06-22 | 0000950103-26-009291 ↗ |
| 8-K | 2026-05-28 | 2026-05-28 | 0001509991-26-000029 ↗ |
| 10-Q | 2026-05-05 | 2026-03-31 | 0001509991-26-000027 ↗ |
| 8-K | 2026-05-05 | 2026-05-05 | 0001509991-26-000023 ↗ |
| 8-K | 2026-03-12 | 2026-03-10 | 0000950103-26-003690 ↗ |
| 10-K | 2026-03-02 | 2025-12-31 | 0001509991-26-000017 ↗ |
| 8-K | 2026-03-02 | 2026-03-02 | 0001509991-26-000015 ↗ |
| 8-K | 2026-02-25 | 2026-02-24 | 0001509991-26-000013 ↗ |
| 8-K | 2026-01-29 | 2026-01-29 | 0000950103-26-001145 ↗ |
| 8-K | 2026-01-26 | 2026-01-26 | 0001509991-26-000008 ↗ |
| 8-K | 2026-01-12 | 2026-01-12 | 0001509991-26-000005 ↗ |
| 8-K | 2026-01-02 | 2026-01-02 | 0001509991-26-000002 ↗ |