Kosmos Energy Announces First Quarter 2026 Results
Kosmos Energy delivered record Q1 production of 74,800 boepd, up 25% year-over-year, while driving operating costs down by 22% to $19.66 per boe. The company strengthened its balance sheet by completing a $350M bond offering and a $200M equity raise, using proceeds to accelerate debt reduction and raising its full-year debt paydown target from 10% to ~20%.
Key figures
- Guidance
- FY 2026 capital expenditure ~$350 million, unchanged; production 70,000 - 78,000 boe per day; Opex $20.00 - $22.00 per boe
- Revenue Yoy
- ~28%
- Deal Value Usd
- 220000000
- Shares Offered
- approximately $200 million of equity
- Net production boepd
- 74800
- Capital expenditure million
- 91
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