NYSE$KOS
Kosmos Energy Ltd · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Kosmos Energy reported a net loss for Q4 2024 despite solid revenue generation, with significant operational milestones including first gas production at the GTA LNG project.
Kosmos Energy posted a net loss of $7 million in Q4 2024, or $0.01 per share, with an adjusted net loss of $16 million ($0.03 per share). Revenue for the quarter stood at $398 million, driven by oil and gas sales. The company achieved first gas production at the GTA LNG project and secured future drilling projects. Free cash flow was $14 million, while net debt stood at $2.7 billion.
- Q4 2024 revenue was $398 million, with an average sales price of $65.80 per BOE.
- Reported a net loss of $7 million and an adjusted net loss of $16 million.
- Free cash flow of $14 million, with $176 million in cash provided by operating activities.
- First gas production at the GTA LNG project was achieved in December.
Headline financials
Revenue & EPS history
Kosmos Energy · Revenue · Quarterly
$398M
Revenue by segment
Kosmos Energy · $398M total across 3 segments · Q4 2024
- Oil Sales$380M—95.7%
- Gas Sales$15M—3.8%
- NGL Sales$2.14M—0.5%
Forward guidance
Kosmos Energy expects production growth in 2025, supported by the GTA LNG project and new drilling campaigns. The company aims to generate free cash flow and reduce capital expenditures by over 50%.
Tailwinds
- Projected production increase with ramp-up from key projects.
- Reduction of capital expenditure to below $400 million in 2025.
- Expected free cash flow generation with disciplined capital investment.
- Strengthened liquidity with $535 million available.
- Continued focus on infrastructure-led exploration in key regions.
Headwinds
- Production guidance for Q1 2025 impacted by planned shutdowns.
- Challenges with water injection and reliability at Jubilee field.
- Increased cost pressures from GTA startup expenses.
- Net debt remains high at $2.7 billion, limiting financial flexibility.
- Potential volatility in oil and gas prices affecting revenue outlook.
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 Q4 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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