Kosmos Energy Ltd. (NYSE:KOS) Director Yves-Louis Darricarrere sold 14,000 shares of the company’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $8.57, for a total value of $119,980.00. Following the completion of the transaction, the director now owns 65,191 shares of the company’s stock, valued at $558,686.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Kosmos Energy Ltd. (NYSE:KOS) opened at $8.26 on Tuesday. The company has a quick ratio of 1.39, a current ratio of 1.66 and a debt-to-equity ratio of 1.07. Kosmos Energy Ltd. has a 1-year low of $4.57 and a 1-year high of $8.62.

Kosmos Energy (NYSE:KOS) last released its earnings results on Monday, November 6th. The oil and gas producer reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03). The firm had revenue of $151.20 million for the quarter, compared to the consensus estimate of $149.10 million. Kosmos Energy had a negative return on equity of 8.88% and a negative net margin of 23.83%. The company’s quarterly revenue was up 126.9% on a year-over-year basis. During the same period in the prior year, the business earned ($0.09) EPS. sell-side analysts anticipate that Kosmos Energy Ltd. will post -0.34 earnings per share for the current year.

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Several institutional investors have recently made changes to their positions in KOS. BlackRock Inc. raised its position in shares of Kosmos Energy by 9,534.9% during the 1st quarter. BlackRock Inc. now owns 15,272,898 shares of the oil and gas producer’s stock worth $101,717,000 after purchasing an additional 15,114,381 shares during the period. Capital World Investors raised its position in shares of Kosmos Energy by 211.1% during the 2nd quarter. Capital World Investors now owns 12,166,289 shares of the oil and gas producer’s stock worth $77,986,000 after purchasing an additional 8,255,929 shares during the period. Janus Henderson Group PLC acquired a new stake in Kosmos Energy in the 2nd quarter valued at approximately $34,877,000. Capital Research Global Investors increased its position in Kosmos Energy by 15.9% in the 2nd quarter. Capital Research Global Investors now owns 30,153,256 shares of the oil and gas producer’s stock valued at $193,282,000 after acquiring an additional 4,130,107 shares during the period. Finally, Prudential PLC increased its position in Kosmos Energy by 17.4% in the 2nd quarter. Prudential PLC now owns 13,751,861 shares of the oil and gas producer’s stock valued at $88,149,000 after acquiring an additional 2,036,371 shares during the period.

Several equities research analysts have commented on KOS shares. Zacks Investment Research lowered Kosmos Energy from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 11th. Barclays PLC upped their price target on Kosmos Energy from $6.00 to $7.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 11th. Jefferies Group LLC set a $8.00 price target on Kosmos Energy and gave the stock a “buy” rating in a research note on Saturday, July 22nd. Citigroup Inc. dropped their price target on Kosmos Energy from $10.00 to $9.00 and set a “buy” rating for the company in a research note on Friday, July 21st. Finally, Howard Weil upgraded Kosmos Energy from a “sector perform” rating to a “sector outperform” rating and set a $12.00 price target for the company in a research note on Thursday, October 26th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company’s stock. Kosmos Energy currently has an average rating of “Hold” and an average price target of $9.50.

Kosmos Energy Company Profile

Kosmos Energy Ltd. (Kosmos) is an independent oil and gas exploration and production company. The Company is focused on the emerging areas along the Atlantic Margins. Its assets include existing production and development projects offshore Ghana, discoveries and further exploration potential offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Sao Tome and Principe, Suriname, Morocco and Western Sahara.

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