Kosmos Energy (KOS -2%) dips after Deutsche initiates the shares with a lackluster Hold rating,...

|About: Kosmos Energy (KOS)|By:, SA News Editor

Kosmos Energy (KOS -2%) dips after Deutsche initiates the shares with a lackluster Hold rating, saying that despite the momentum in deep-water exploration, the driller faces "diminishing materiality of exploration" and an increasingly overweighted dependency on crude.