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Kosmos Energy Non-GAAP EPS of $0.16 misses by $0.01, revenue of $393.87M misses by $23.29M

May 09, 2023 2:09 AM ETKosmos Energy Ltd. (KOS)By: Meghavi Singh, SA News Editor1 Comment
  • Kosmos Energy press release (NYSE:KOS): Q1 Non-GAAP EPS of $0.16 misses by $0.01.
  • Revenue of $393.87M (-40.2% Y/Y) misses by $23.29M.
  • Net Production of~58,800 barrels of oil equivalent per day (boepd), with sales of ~61,100 boepd.
  • Capital expenditures of $206M, in line with guidance.
  • Production in Ghana averaged approximately 33,600 boepd net in the first quarter of 2023. Kosmos lifted three cargos from Ghana during the quarter, in line with guidance.
  • At Jubilee, production averaged approximately 72,200 bopd gross during the quarter. 

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