Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Kosmos Energy ( (KOS) ) just unveiled an update.
Kosmos Energy has announced the achievement of first gas production at the Greater Tortue Ahmeyim (GTA) LNG project offshore Mauritania and Senegal. This milestone marks a significant step for Kosmos and its partners, positioning Mauritania and Senegal as strategic LNG production hubs in West Africa. With the first LNG cargo expected in the first quarter of 2025, Kosmos aims to ramp up its production to meet a target of 90,000 boepd. This development, along with reduced capital expenditure, places Kosmos in a strong position for 2025, enabling the company to focus on free cash flow generation and debt reduction.
More about Kosmos Energy
Kosmos Energy is a full-cycle, deepwater, independent oil and gas exploration and production company focused along the offshore Atlantic Margins. The company has key assets in Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, and is involved in significant gas projects offshore Mauritania and Senegal. Kosmos is listed on the New York Stock Exchange and London Stock Exchange, trading under the ticker symbol KOS, and is committed to ethical and transparent operations.
Average Trading Volume: 9,458,922
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.61B
For detailed information about KOS stock, go to TipRanks’ Stock Analysis page.
