Kosmos Energy Ltd (KOS) Insider Sells £53,864.10 in Stock

Kosmos Energy Ltd (LON:KOS) insider Thomas P. Chambers sold 9,255 shares of the company’s stock in a transaction that occurred on Monday, December 3rd. The shares were sold at an average price of GBX 582 ($7.60), for a total value of £53,864.10 ($70,382.99).

LON:KOS opened at GBX 402.50 ($5.26) on Friday. Kosmos Energy Ltd has a 52 week low of GBX 400 ($5.23) and a 52 week high of GBX 650 ($8.49).

Separately, Berenberg Bank began coverage on Kosmos Energy in a report on Thursday, November 1st. They set a “buy” rating and a GBX 900 ($11.76) target price for the company.

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Kosmos Energy Company Profile

Kosmos Energy Ltd. explores for and produces oil and gas in Africa and South America. Its asset portfolio includes production and other development projects in offshore Ghana and Equatorial Guinea; and exploration potential in offshore Mauritania and Senegal, as well as exploration licenses in offshore Cote d'Ivoire, Equatorial Guinea, Morocco, Sao Tome and Principe, and Suriname.

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