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Stock Market & Financial Investment News

News Breaks
January 13, 2014
05:37 EDTKOSKosmos names Andrew Inglis as chairman, CEO
The board of Kosmos Energy announced that it has appointed Andrew Inglis as chairman of the board and CEO, effective March 1, 2014. Current CEO Brian Maxted, a founding partner of Kosmos, will serve in the role of Chief Exploration Officer and continue to serve on the board. As previously announced and simultaneous to Inglis’ appointment, John Kemp III, Kosmos’ current chairman of the board, will retire from the board and from his consulting position with the company.
News For KOS From The Last 14 Days
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August 3, 2015
08:09 EDTKOSKosmos reports Q2 adjusted EPS 0c, consensus 0c
Reports Q2 revenue $121.82M, consensus $182.67M. Second quarter 2015 oil revenues were $119.2 million versus $328.3 million in the same quarter of 2014, on sales of 1.9 million barrels in second quarter 2015 and 2.9 million barrels in the same period in 2014. Realized oil revenue was $82.96 per barrel of oil sold in the second quarter of 2015 versus $112.53 per barrel of oil sold in the second quarter of 2014, including the impact of the Company’s hedging program. At the end of the quarter, the Company was in a net underlift position of approximately 620 thousand barrels of oil. The second quarter results included a mark-to-market loss of $44.9 million related to the Company’s oil derivative contracts. The Company’s hedging position as of June 30, 2015, was 11.1 million barrels through 2017.

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