KOS Stock Summary and Trading Ideas (Kosmos Energy Ltd. Common Shares (De) | NYSE:KOS)

Kosmos Energy Ltd is an independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. The company focuses on field developments designed to accelerate production. Kosmos' exploration is tied to a geologically based approach geared toward the identification of petroleum systems. Its process starts with geologic studies that assess a region's subsurface but also incorporates basin modeling as well as techniques to identify reservoir/seal pair development and trap definition. In addition, a 3D seismic analysis is done to identify prospective traps of interest. In tandem with the subsurface analysis, a country-specific analysis is done to get an understanding of above-ground dynamics before targeting specific licenses.

Kosmos Energy Ltd. Common Shares (De) trades on the NYSE stock market under the symbol KOS.

As of May 10, 2024, KOS stock price declined to $6.09 with 6,123,351 million shares trading.

KOS has a beta of 0.27, meaning it tends to be less sensitive to market movements. KOS has a correlation of 0.01 to the broad based SPY ETF.

KOS has a market cap of $2.87 billion. This is considered a Mid Cap stock.

Last quarter Kosmos Energy Ltd. Common Shares (De) reported $419 million in Revenue and $.21 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.07.

In the last 3 years, KOS stock traded as high as $8.55 and as low as $1.80.

The top ETF exchange traded funds that KOS belongs to (by Net Assets): IWM, XOP, AVUV, VXF, IWO.

KOS stock has underperformed the market in the last year with a return of -2.4%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in KOS shares. However, KOS has outperformed the market in the last 3 month and 2 week periods, returning +12.4% and +3.6%, while SPY returned +4.2% and +2.5%, respectively. This indicates KOS has been having a stronger performance recently.

KOS support price is $6.03 and resistance is $6.31 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KOS stock will trade within this expected range on the day.