News stories about Kosmos Energy (NYSE:KOS) have been trending somewhat positive on Friday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kosmos Energy earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned media coverage about the oil and gas producer an impact score of 46.3359240990253 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
Shares of Kosmos Energy (NYSE:KOS) traded up $0.16 during trading on Friday, reaching $7.71. 1,334,200 shares of the company’s stock were exchanged, compared to its average volume of 2,538,865. The company has a quick ratio of 1.39, a current ratio of 1.66 and a debt-to-equity ratio of 1.07. Kosmos Energy has a 12-month low of $5.52 and a 12-month high of $8.62.
Kosmos Energy (NYSE:KOS) last announced its quarterly earnings data on Monday, November 6th. The oil and gas producer reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03). Kosmos Energy had a negative net margin of 23.83% and a negative return on equity of 8.88%. The business had revenue of $151.20 million during the quarter, compared to analyst estimates of $149.10 million. During the same quarter in the prior year, the company posted ($0.09) EPS. The company’s quarterly revenue was up 126.9% compared to the same quarter last year. equities research analysts expect that Kosmos Energy will post -0.34 earnings per share for the current fiscal year.
KOS has been the topic of several research reports. ValuEngine upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Thursday, August 10th. Sanford C. Bernstein initiated coverage on shares of Kosmos Energy in a research note on Wednesday, September 6th. They set a “market perform” rating and a $7.00 price target on the stock. Zacks Investment Research upgraded shares of Kosmos Energy from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 20th. BMO Capital Markets reaffirmed a “buy” rating and set a $9.00 price objective on shares of Kosmos Energy in a report on Wednesday, September 27th. Finally, Bank of America started coverage on shares of Kosmos Energy in a report on Friday, September 29th. They set a “neutral” rating and a $9.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the company’s stock. Kosmos Energy currently has an average rating of “Buy” and an average target price of $9.60.
In other news, Director Yves-Louis Darricarrere sold 14,000 shares of the stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $8.57, for a total value of $119,980.00. Following the completion of the transaction, the director now owns 65,191 shares in the company, valued at approximately $558,686.87. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 3.80% of the company’s stock.
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About Kosmos Energy
Kosmos Energy Ltd. (Kosmos) is an independent oil and gas exploration and production company. The Company is focused on the emerging areas along the Atlantic Margins. Its assets include existing production and development projects offshore Ghana, discoveries and further exploration potential offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Sao Tome and Principe, Suriname, Morocco and Western Sahara.
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