Kosmos Energy Ltd.

KOS Energy Oil & Gas E&P

Kosmos Energy Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, down 22.9% from fiscal 2024. In the quarter to June 2026, revenue grew 56.8%, EPS grew 272.2%, free cash flow grew 405.3% and total debt fell 6.26%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

2.78 0.10 +3.73%
Market cap
$1.6B
P/E
0.0×
Fwd P/E
−58.7×
Dividend yield
—
F-score
2/9
Altman Z
−0.42
Beneish M
−2.96
Dividend safety
n/a

Insider Decisions trades per month

Total buys 7.00
Total sells 1.07
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — 4 — — — — — — —
Sell — — — 4 — — 3 — 4 — — —
Insider Ownership 2.25%

Capital & Financial Ratios $m

Market Cap 1,600.00
Revenue 1,595.63
Net Income (542.24)
Free Cash Flow 111.21
Net Debt 2,546.53
Current Ratio 0.59 (below 1: weak)
Debt/Equity 3.79 (above 2: weak)
P/E ratio 0.00
Fwd P/E (58.70) (negative: loss-making)
P/S ratio 1.03
P/B ratio 2.34
Past 5Y EPS Growth —
This Y EPS Growth 138.05% (at or above 15%: strong)
Next Y EPS Growth 10.03%
Next Y revenue growth 36.96% (at or above 10%: strong)
Next 5Y EPS Growth (29.00%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 25.95%
10-year low 10-year high
P/B against its own 10 years 41.32%
10-year low 10-year high
EV/Sales against its own 10 years 31.99%
10-year low 10-year high
EV/FCF against its own 10 years 68.87%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 0.05
0.05
2019 0.14
0.05
0.05
0.05
0.05
2017 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 95 85 92 126
Receivables 121 165 103 113
Inventory 152 171 173 140
Other 8 9 48 0
423 446 428 393
2023 2024 2025 Q'26
Payables 249 350 203 162
ST’ Debt — — 132 145
Other 3 — — 12
555 595 572 663

Compound Annual Growth %

10y 5y 3y
Sales 10.60% 7.58% (17.49%)
Cash Flow (11.22%) (7.34%) (50.88%)
Earnings 0.00% 0.00% 0.00%
Book Value (8.78%) 3.73% (12.46%)

Revenue $m

Mar Jun Sep Dec Year
’26 371 617 — — —
’25 290 394 311 296 1,292
’24 419 451 408 398 1,676
’23 394 273 527 508 1,702
’22 659 621 456 564 2,300
’21 177 384 201 573 1,334
’20 178 127 225 366 896
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 107 175 — — —
’25 (1) 127 (28) 35 134
’24 273 224 6 176 678
’23 204 18 249 294 765
’22 330 279 255 267 1,130
’21 (47) 289 (98) 231 374
’20 (17) (46) 83 175 196
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 20 226 — — —
’25 (91) 45 (99) (35) (180)
’24 (42) (15) (213) 14 (255)
’23 (20) (175) 54 (27) (167)
’22 339 67 32 73 512
’21 (175) 128 (182) 137 (92)
’20 (101) (97) 3 111 (84)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.45) 0.31 — — —
’25 (0.23) (0.18) (0.26) (0.79) (1.47)
’24 0.19 0.12 0.09 (0.01) 0.40
’23 0.17 0.05 0.18 0.04 0.44
’22 0.00 0.25 0.47 (0.24) 0.48
’21 (0.22) (0.14) (0.07) 0.22 (0.19)
’20 (0.45) (0.49) (0.09) 0.02 (1.02)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 3.17 5.53 3.53 3.87 0.50 1.80 3.45 5.28 2.62 0.84

Analyst estimates 2026–2028

Powerpack
High 7.14 8.62 9.75 7.55 6.79 4.24 8.49 8.55 6.93 4.01
People
People Employees 270 280 380 360 252 229 236 243 243 216
Revenue/emp, $m 1.43 2.27 2.37 4.19 3.56 5.82 9.74 7.00 6.90 5.98
Income, $m
Income, $m Revenue 385 637 902 1,510 896 1,334 2,300 1,702 1,676 1,292
Gross margin, % 16.53 46.16 41.68 61.35 52.79 69.16 76.37 74.59 61.18 27.80
EBT (295) (178) (51) 25 (417) (43) 337 372 350 (635)
EBT margin, % (76.44) (27.93) (5.64) 1.66 (46.51) (3.25) 14.66 21.85 20.88 (49.13)
Net income (284) (223) (94) (56) (412) (78) 227 214 190 (700)
Depreciation 151 265 339 573 495 478 509 455 465 565
Per share, $
Per share, $ Revenue 1.00 1.64 2.23 3.76 2.21 3.20 5.05 3.70 3.56 2.70
Earnings (0.74) (0.57) (0.23) (0.14) (1.02) (0.19) 0.50 0.46 0.40 (1.47)
Cash flow 0.14 0.61 0.64 1.57 0.48 0.90 2.48 1.66 1.44 0.28
Capex (1.40) 0.20 (0.51) (0.84) (0.69) (1.12) (1.36) (2.03) (1.98) (0.66)
Free cash flow (1.26) 0.81 0.13 0.73 (0.21) (0.22) 1.12 (0.36) (0.54) (0.38)
Book value 2.81 2.31 2.33 2.10 1.09 1.27 1.73 2.25 2.55 1.11
Shares, m 385 388 405 401 405 417 455 460 471 478
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 11.91 14.32 8.24 0.00
P/S 7.25 4.26 1.82 1.52 1.06 1.08 1.19 1.82 0.96 0.34
P/B 2.58 3.02 1.75 2.72 2.16 2.73 3.46 3.00 1.34 0.82
EV/Sales 10.11 5.82 3.98 2.69 3.25 2.92 2.07 3.18 2.56 2.63
EV/FCF (8.02) 11.75 68.43 13.97 (34.56) (42.30) 9.32 (32.28) (16.78) (18.82)
Cash, $m
Cash, $m Operating cash flow 52 237 260 628 196 374 1,130 765 678 134
Capex (538) 79 (208) (337) (280) (466) (619) (933) (934) (314)
Free cash flow (486) 315 52 291 (84) (92) 512 (167) (255) (180)
Balance, $m
Balance, $m Working capital 105 105 125 27 (60) 11 (106) (132) (149) (144)
Total debt 1,322 1,283 2,121 2,009 2,111 2,620 2,226 2,391 2,745 3,053
Net debt 1,103 993 1,943 1,780 1,962 2,446 2,043 2,296 2,660 2,961
Shareholders’ equity 1,081 897 941 842 440 529 788 1,032 1,200 529
Returns, %
Returns, % ROA (8.67) (6.82) (2.58) (1.33) (10.06) (1.77) 4.76 4.49 3.71 (13.99)
ROIC (5.13) (0.95) (1.31) 6.60 (2.55) 7.67 25.55 13.61 7.58 (4.90)
ROE (23.58) (22.52) (10.22) (6.26) (64.22) (16.06) 34.40 23.46 17.01 (80.95)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Kosmos Energy Ltd. vs peers in Oil & Gas E&P (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BKV BKV Corporation $2.4B 8.3× 12.6× +1.57% (above 0%: growing) −44.72% (below 0%: shrinking) −1,530.03% (below 0%: shrinking) 60.28% 26.13% Compare
KRP Kimbell Royalty $2.1B 19.4× 17.3× +29.96% (above 0%: growing) +1,900.00% (above 0%: growing) −66.72% (below 0%: shrinking) 100.00% 53.06% Compare
VET Vermilion Energy Inc. $1.9B — (loss-making) 21.3× +17.00% (above 0%: growing) n/m +110.78% (above 0%: growing) 67.53% 29.66% Compare
MNR Mach Natural Resources LP $1.8B 18.4× 13.1× +40.70% (above 0%: growing) −22.37% (below 0%: shrinking) −13.11% (below 0%: shrinking) 61.56% 30.17% Compare
KOS Kosmos Energy Ltd. $1.6B — (loss-making) — (loss-making) +56.80% (above 0%: growing) n/m +405.33% (above 0%: growing) 70.40% 47.75%
GFR Greenfire Resources Ltd. $1.6B — (loss-making) — +21.83% (above 0%: growing) −38.00% (below 0%: shrinking) −386.50% (below 0%: shrinking) 93.25% 38.51% Compare
DMLP Dorchester Minerals, L.P. $1.5B 17.3× — +73.10% (above 0%: growing) +148.00% (above 0%: growing) +110.38% (above 0%: growing) 100.00% 55.05% Compare
HPK HighPeak Energy, Inc. $1.3B — (loss-making) — (loss-making) +25.84% (above 0%: growing) +215.79% (above 0%: growing) +41.01% (above 0%: growing) 76.83% 29.46% Compare
TBN Tamboran Resources Corporation $1.1B — (loss-making) — — n/m −72.13% (below 0%: shrinking) — 0.00% Compare
Median of peers $1.7B 17.8× 15.2× +25.84% +62.82% −39.91% 76.83% 29.92%

All 73 Oil & Gas E&P stocks →

Kosmos Energy Ltd. (KOS) key facts

  • Concern: Kosmos Energy Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, down 22.9% from fiscal 2024.
  • Kosmos Energy Ltd. (KOS) is an Oil & Gas E&P company in the Energy sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, KOS traded at $2.78, a market capitalization of $1.6 billion.
  • Return on equity was −81.0% and debt-to-equity 3.79.
  • Its Piotroski F-score is 2 out of 9 and its Altman Z-score is −0.42 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Kosmos Energy Ltd. (KOS) Latest News

24 Sep

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11 May

stockrow.com/KOS · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com