Kosmos Energy Revenue Rises 31.7% as Non-GAAP EPS Misses by 8 Cents
Photo: TokenPost
Kosmos Energy's third-quarter revenue climbed 31.7% from a year earlier, but the company missed revenue and non-GAAP earnings estimates as production rose and it reaffirmed its 2026 spending outlook. Revenue reached $409.88 million, falling $62.93 million short of estimates. Non-GAAP earnings were $0.06 per share, 8 cents below estimates. Net production averaged about 69,200 barrels of oil equivalent per day, a 6% increase from the third quarter of 2025. Growth was about 17% excluding Equatorial Guinea. Kosmos also issued a fourth-quarter outlook and reaffirmed its fiscal 2026 capital expenditure outlook.
Source: TokenPost
