Kosmos swings to Q2 profit of USD 185 million; revenue rises to USD 607 million

Reuters2026/08/03 06:00

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Kosmos posted GAAP net income of USD 185 million, swinging from a loss, as revenue rose to USD 607 million.
Adjusted net income (non-GAAP) was USD 68 million; production climbed about 12% year over year to about 71,400 boepd.
Production expense fell about 25% year over year to USD 179 million, while capital expenditure totaled USD 105 million.
GTA averaged about 2.65 mtpa gross in the quarter with nine gross LNG cargos lifted; two new Jubilee wells came online.
Net cash from operations was about USD 175 million; free cash flow (non-GAAP) was about USD 89 million, with net debt (non-GAAP) at about USD 2.56 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kosmos Energy Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608030200PRIMZONEFULLFEED9802186) on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Kosmos swings to Q2 profit of USD 185 million; revenue rises to USD 607 million

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