Kosmos Energy

Q2 FY2026 EarningsQ2 FY26 results significantly beat consensus across top and bottom lines, driven by strong operational ramp-ups and realized prices. Revenue of $607M exceeded the $473M expectation by 28.3%, while Adjusted EPS reached $0.11 vs. the $0.09 mean estimate. The completion of the Equatorial Guinea asset sale and the farm-down of the Tiberius project high-graded the portfolio, supporting a net debt reduction of over $400M in 1H26. Despite a slight underlift position, production growth at Jubilee and GTA remains on track, with FY26 production guidance maintained at 69,000-74,000 boepd.