NYSE$KOS
Kosmos Energy Ltd · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Kosmos Energy reported a strong financial performance in Q2 2024, driven by increased production and higher realized prices.
Kosmos Energy announced its Q2 2024 results, showcasing a robust financial performance with significant revenue and earnings growth compared to the previous year. The company benefited from increased production volumes and favorable market conditions, particularly in oil and gas prices. Kosmos Energy also provided forward guidance, outlining its strategic priorities and expectations for the remainder of the year.
- Generated revenue of $242.9 million and net income of $46.5 million in Q2 2024.
- Increased production to 63,500 barrels of oil equivalent per day (boepd).
- Realized higher average realized prices for oil and gas.
- Maintained a strong balance sheet with ample liquidity.
Headline financials
Revenue & EPS history
Kosmos Energy · Revenue · Quarterly
$451M
Revenue by segment
Kosmos Energy · $295M total across 3 segments · Q4 2025
- Oil Sales$220M-42.2%74.6%
- Gas Sales$63.1M+320.0%21.4%
- NGL Sales$11.6M+443.0%3.9%
Forward guidance
Kosmos Energy expects continued growth in production and revenue in the second half of 2024, driven by ongoing development projects and favorable market conditions. The company is focused on maintaining financial discipline and maximizing shareholder value.
Tailwinds
- Increased production from key assets
- Higher realized oil and gas prices
- Advancement of development projects
- Strong cash flow generation
- Commitment to shareholder returns
Headwinds
- Potential for commodity price volatility
- Geopolitical risks in operating regions
- Uncertainty in global economic conditions
- Challenges in supply chain management
- Risk of operational disruptions
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
+0.3%
Avg return
Earnings day
+1.4%
Avg return
5 days after
+2.4%
Avg return
30 days after
48%
29 / 60 earnings
Positive
+22.2%
Q3 2020
Best reaction
-24.7%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.6% | -15.9% | -7.3% | |
| Q4 2025 | +3.0% | +10.3% | +15.5% | |
| Q3 2025 | -4.6% | -7.0% | -30.6% | |
| Q2 2025 | -2.6% | -10.3% | -13.8% | |
| Q1 2025 | -3.9% | +12.6% | +10.7% | |
| Q4 2024 | -9.4% | -11.6% | -26.4% | |
| Q3 2024 | -4.7% | +1.3% | -8.9% | |
| Q2 2024 | -3.3% | -14.5% | -10.8% | |
| Q1 2024 | +3.1% | +4.8% | -1.4% | |
| Q4 2023 | +0.0% | +4.9% | -1.2% | |
| Q3 2023 | -11.4% | -7.5% | -19.4% | |
| Q2 2023 | -0.8% | +2.2% | +2.6% | |
| Q1 2023 | -1.6% | -4.4% | +7.4% | |
| Q4 2022 | +4.1% | +6.2% | -3.6% | |
| Q3 2022 | +6.6% | +4.0% | -13.9% | |
| Q2 2022 | +3.5% | +9.2% | +4.2% | |
| Q1 2022 | -13.8% | -7.7% | +11.4% | |
| Q4 2021 | +14.4% | +25.1% | +53.3% | |
| Q3 2021 | +0.0% | -3.7% | +4.0% | |
| Q2 2021 | -2.6% | -4.8% | +1.3% | |
| Q1 2021 | -8.3% | -6.7% | +4.1% | |
| Q4 2020 | +9.1% | +12.4% | +5.8% | |
| Q3 2020 | +22.2% | +29.3% | +99.0% | |
| Q2 2020 | -8.1% | +0.0% | -14.9% | |
| Q1 2020 | +1.3% | +5.4% | +61.1% | |
| Q4 2019 | -24.7% | -38.6% | -80.3% | |
| Q3 2019 | +8.5% | +16.0% | -2.8% | |
| Q2 2019 | +8.3% | +10.1% | +10.6% | |
| Q1 2019 | -0.8% | +0.0% | -15.5% | |
| Q4 2018 | +12.2% | +10.7% | +1.9% | |
| Q3 2018 | -8.8% | -7.1% | -19.4% | |
| Q2 2018 | +5.2% | +10.7% | +13.7% | |
| Q1 2018 | +2.9% | +1.5% | +13.9% | |
| Q4 2017 | +1.2% | -2.3% | +6.5% | |
| Q3 2017 | +5.3% | +3.3% | -7.4% | |
| Q2 2017 | +8.1% | +4.3% | +11.0% | |
| Q1 2017 | +7.1% | +14.5% | +1.8% | |
| Q4 2016 | +2.5% | +0.0% | +6.7% | |
| Q3 2016 | -4.0% | -3.7% | +12.3% | |
| Q2 2016 | -3.6% | +1.2% | +13.4% | |
| Q1 2016 | -9.2% | — | — | |
| Q4 2015 | +13.1% | — | — | |
| Q3 2015 | +14.5% | — | — | |
| Q2 2015 | -4.0% | — | — | |
| Q1 2015 | -3.3% | — | — | |
| Q4 2014 | -2.2% | — | — | |
| Q3 2014 | -2.0% | — | — | |
| Q2 2014 | +1.1% | — | — | |
| Q1 2014 | -4.5% | — | — | |
| Q4 2013 | +2.9% | — | — | |
| Q3 2013 | -0.9% | — | — | |
| Q2 2013 | -4.3% | — | — | |
| Q1 2013 | +2.4% | — | — | |
| Q4 2012 | +4.1% | — | — | |
| Q3 2012 | -0.6% | — | — | |
| Q2 2012 | +3.2% | — | — | |
| Q1 2012 | +1.7% | — | — | |
| Q4 2011 | -0.2% | — | — | |
| Q3 2011 | +0.1% | — | — | |
| Q2 2011 | +0.7% | — | — | |
| Q3 2010 | — | — | — | |
| Q2 2010 | — | — | — |
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