KOS
Kosmos Energy Ltd.
KOS lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
KOS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Weak | |
| Strong | |
| Weak |
KOS's revenue and cash flow are currently strong, but its profitability and balance sheet are weak.
KOS PE Valuation
KOS has no meaningful PE right now: it lost money over the past year.
KOS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for KOS, with profitability improving. However, they disagree widely on these estimates.
KOS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.47 | — |
| Q3 2026 | -$1.01 | -$0.34 |
| Q2 2026 | -$1.20 | -$0.88 |
| Q1 2026 | -$1.69 | -$1.67 |
| Q4 2025 | -$1.47 | -468% |
| Q3 2025 | -$0.67 | -252% |
| Q2 2025 | -$0.32 | -160% |
| Q1 2025 | -$0.02 | -104% |
| Q4 2024 | $0.40 | -9.1% |
KOS lost $1.01 per share over the past year, a bigger loss than the year before.
KOS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $410.1M | +32% |
| Q2 2026 | $607.3M | +55% |
| Q1 2026 | $370.7M | +28% |
| Q4 2025 | $294.6M | -26% |
| Q3 2025 | $311M | -24% |
| Q2 2025 | $392.6M | -13% |
| Q1 2025 | $290.1M | -31% |
| Q4 2024 | $397.6M | -22% |
KOS's revenue is recovering but still below its 2022 peak: $410M last quarter, up 32% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -6.6% | +28 points |
| Q2 2026 | 45% | +61 points |
| Q1 2026 | -65% | -33 points |
| Q4 2025 | -126% | -118 points |
| Q3 2025 | -34% | -61 points |
| Q2 2025 | -16% | -46 points |
| Q1 2025 | -33% | -66 points |
| Q4 2024 | -8.5% | -17 points |
KOS's operating margin was −6.6% last quarter, up 28 points from the same quarter a year ago.
KOS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $164M | +$191.6M |
| Q2 2026 | $175M | +38% |
| Q1 2026 | $106.6M | +$107.4M |
| Q4 2025 | $35.3M | -80% |
| Q3 2025 | -$27.6M | -539% |
| Q2 2025 | $127.2M | -43% |
| Q1 2025 | -$888K | -100% |
| Q4 2024 | $175.7M | -40% |
KOS still generates free cash flow, though less than at its 2022 peak: $481M over the past year.
KOS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.5% | -9.2M shares |
| 1 year | +25% | +117M shares |
| 3 years | +24% | +114M shares |
| 5 years | +46% | +187M shares |
| Available history | +48% | +194M shares |
KOS has 595M diluted shares, up 25% from a year ago.
KOS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 18.0x | High |
| Q2 2026 | 29.5x | High |
| Q3 2025 | 10.9x | High |
| Q2 2025 | 6.1x | High |
| Q1 2025 | 4.7x | High |
| Q4 2024 | 3.3x | Elevated |
| Q3 2024 | 3.1x | Elevated |
| Q2 2024 | 2.7x | Moderate |
KOS's net debt is about 18 years of its operating earnings (EBITDA), up from 4.7 years a year ago.
KOS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 28.1 | Neutral |
KOS's weekly RSI is 43 (neutral) and its Stochastic is 28 (neutral).
KOS PE vs Energy Sector
| Metric | KOS | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
KOS has no meaningful PE right now: it lost money over the past year.
KOS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.58 | 15% below |
| 20 week MA | $2.58 | 15% below |
| 50 week MA | $2.32 | 5.6% below |
| 100 week MA | $2.22 | 1.4% below |
| 200 week MA | $4.16 | 47% below |
KOS is in a downtrend: it's below all five of its weekly moving averages, and 47% below its 200-week average.
KOS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.61 | $2.47 | -56% |
| 2021 | $2.47 | $3.49 | +41% |
| 2022 | $3.49 | $6.18 | +77% |
| 2023 | $6.18 | $6.71 | +8.6% |
| 2024 | $6.71 | $3.26 | -51% |
| 2025 | $3.26 | $0.87 | -73% |
| 2026 YTD | $0.87 | $2.19 | +152% |
KOS is up 152% so far in 2026, after finishing lower in three of the previous six years.