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Kosmos Energy Ltd. Q1 2026 Earnings Call Summary
Yahoo Finance· 2026-05-06 08:15
Achieved record quarterly production of 75,000 BOE per day, a 25% year-over-year increase driven by the ramp-up of GTA and new wells at Jubilee. Capitalized on unique market exposure where 50% of production is priced off Dated Brent, which has seen its premium over WTI more than triple due to Middle East conflict tightness. Reduced absolute operating costs by 22% year-over-year through portfolio high-grading, specifically the exit from Equatorial Guinea and the elimination of FPSO lease costs at TEN. ...