Kosmos Star Rises But Dividends Still Distant

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Postmodern Studio/Shutterstock
  • Kosmos Energy’s 50% jump in oil and gas output between 2022 and end-2024 will mark the culmination of its shift from plucky explorer to cash flow-generating developer.

  • However, the company's reliance on external operators means execution risk management falls heavily to others, limiting its ability to drive investment decisions and timelines.

  • Kosmos' looming entry into LNG in close proximity to Europe has propelled its shares in recent months, but dividends will remain elusive until its still-significant debt load can be addressed.

The Issue

Corporate Strategy , Independent E&Ps, LNG Projects, Offshore Oil and Gas, Upstream Projects, Deepwater
Wanda Ad #2 (article footer)
New findings from Kroll and Deloitte speak to the complex and contradictory investor signals oil and gas companies must navigate, but the disconnects are crucial to understand.
Tue, Sep 19, 2023
Tellurian Executive Chairman Charif Souki is organizing a standalone financing for his company's upstream division.
Thu, Sep 21, 2023