Kosmos Energy Non-GAAP EPS of $0.30, revenue of $659.07M; issues Q2 and updates FY22 guidance

May 09, 2022 2:15 AM ETKosmos Energy Ltd. (KOS) StockBy: Meghavi Singh, SA News Editor2 Comments
  • Kosmos Energy press release (NYSE:KOS): Q1 Non-GAAP EPS of $0.30.
  • Revenue of $659.07M (+273.3% Y/Y).
  • Leverage fell from around 2.5x at year end 2021 to around 1.9x at the end of the first quarter of 2022.
  • Net Production of ~72,600 barrels of oil equivalent per day (boepd) with sales of 72,400 boepd.
  • 2Q2022 guidance: Production of 60,000 - 63,000 boe per day.
  • FY 2022 Guidance: Production of 63,000 - 67,000 boe per day.

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