Shares of Kosmos Energy Ltd. (LON:KOS – Get Free Report) fell 4.4% during trading on Thursday . The stock traded as low as GBX 186.50 and last traded at GBX 195. 74,219 shares changed hands during trading, an increase of 64% from the average session volume of 45,159 shares. The stock had previously closed at GBX 204.
Analyst Upgrades and Downgrades
Separately, Peel Hunt reaffirmed a “hold” rating and set a GBX 210 price target on shares of Kosmos Energy in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 215.
Check Out Our Latest Analysis on Kosmos Energy
Kosmos Energy Stock Down 4.4%
Insider Transactions at Kosmos Energy
In other Kosmos Energy news, insider Andrew G. Inglis sold 297,660 shares of the firm’s stock in a transaction dated Saturday, January 31st. The shares were sold at an average price of GBX 158, for a total value of £470,302.80. Insiders have sold a total of 564,381 shares of company stock valued at $83,912,736 over the last quarter. Company insiders own 8.38% of the company’s stock.
Kosmos Energy Company Profile
Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company's primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal. It undertakes a proven basin exploration program in Equatorial Guinea and the U.S. Gulf of Mexico. Kosmos Energy Ltd. was founded in 2003 and is headquartered in Dallas, Texas.
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