Recap: Kosmos Energy Q2 Earnings 2020/08/03 07:46:00 Benzinga
Shares of Kosmos Energy (NYSE:KOS) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share decreased 560.00% year …
To deal or not to deal, that is the question... 2020/07/09 05:46:20 IHS Markit
Foreword While Africa's geological appeal for frontier oil and gas exploration will remain strong relative to other regions (one quarter of the new reserves discovered worldwide in the past decade are African), the early 2020 oil price crash will have significant and long-lasting impacts on upstream activity within the continent. Trends that were set in motion after the 2014 oil price collapse are likely to be exacerbated. We will discuss the African upstream trends observed over the last decade - providing some insight into the evolving strategies of regionally grouped companies and attempting to make sense of these in the context of the most recent crash. We will also look at exploration activity over the same period with the view to drawing insights from the 2014 crash and applying those to the current environment and outlook. A drama in three acts Three distinct periods are defined within the scope of this article, driven by crashes in the oil price: A) Pre-2014 crash Between 2010 and 2014, oil was trading in the region of USD 100/bbl and Africa was attracting significant interest from large European, North American and Asian oil and gas companies.
Kosmos Energy : Using Data to Deliver Emissions Improvements | MarketScreener 2020/06/17 19:32:07 MarketScreener
[Attachment] One of the most important steps towards achieving our carbon neutrality target is spotting, understanding and addressing emissions spikes in real-time. While… | June 17, 2020
Kosmos Energy (KOS) Reports Q1 Loss, Lags Revenue Estimates 2020/05/11 11:45:13 Zacks Investment Research
Kosmos Energy (KOS) delivered earnings and revenue surprises of -14.29% and -24.19%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Business: Equatorial Guinea takes bold action to aid explorers 2020/05/04 19:51:18 African Manager
The Ministry of Mines and Hydrocarbons will grant two-year block extensions and ease capex requirements for E&P companies amid industry downturn; major U.S. upstream firms to benefit include Kosmos Energy, VAALCO Energy and more; the measure reflects broader efforts to drive global investment into Equatorial Guinea in line with its 2020 Year of Investment campaign, which will host the Africa Oil & Investment Forum & Exhibition in Malabo on November 25-26, 2020. In a decisive show of support to upstream industry, Equatorial Guinea’s Ministry of Mines and Hydrocarbons announced on Monday that it will extend exploration licenses for two years and relax capital expenditure requirements for E&P companies amid the low-price climate and reduction in oil demand caused by COVID-19. The extension of time and resources will particularly aid U.S. companies, which represent the lion’s share of investment in Equatorial Guinea’s energy sector and are currently in the early stages of exploration and seismic interpretation of several key offshore blocks. “We learned from the crisis in 2014/2015 that we need to give extensions to exploration companies to ensure that they save cash,” says H.E.