Kosmos Energy Ltd. Common Shares (DE) (KOS)

Kosmos Energy and partners signed MOU with Ghana extending licenses for Jubilee and TEN oil fields, allowing for potential $2 billion investment by 2040.

U.S. stock futures were flat on Wednesday after advancing for two days on Tuesday. Futures of benchmark indices advanced in premarket.

BP (NYSE: BP) shares rise premarket as first LNG shipment is successfully loaded from its GTA Phase 1 project offshore Mauritania and Senegal.

U.S. stock futures rose on Thursday ahead of the long weekend, with Good Friday falling on April 18 and Easter Sunday on April 20.

Kosmos reported a 28% year-over-year decline in its fourth-quarter revenue to $397.656 million, topping a Street estimate of $393.40 million. The company posted an adjusted earnings loss of $0.03, wider than an estimated loss of $0.02.

The major indices struggled to maintain early momentum on Monday, but appear to climbing back with the S&P 500 and Dow Jones both green in midday trading. 

All three major U.S. stock indices are down Friday as traders reacted to several sets of fresh data that raised concerns about the economic outlook. 

KOS shares up premarket as gas production begins at Greater Tortue Ahmeyim LNG project in Mauritania and Senegal, with expected first cargo in Q1 2025.

Crude oil prices plummeted due to targeted Israeli airstrikes in Iran, but avoided oil infrastructure. U.S. energy stocks also saw sharp losses.

Oil prices dropped over 5% as Netanyahu assured US to avoid targeting Iranian oil facilities in retaliation. Energy stocks plunged, airlines rallied.

KOS stock results show that Kosmos Energy beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.

Match Group layoffs are a hot topic on Wednesday as the dating website operator is preparing to reduce its headcount due to demand changes.

With various fundamental forces conspiring in favor of Kosmos Energy, options traders have begun bidding up KOS stock.