Kosmos Energy Director John Randolph Kemp III Sells 2,778 Shares (KOS)
Kosmos Energy (NYSE:KOS) Director John Randolph Kemp III sold 2,778 shares of the stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of $11.45, for a total value of $31,808.10. Following the sale, the director now directly owns 105,035 shares in the company, valued at approximately $1,202,651. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Kosmos Energy (NYSE:KOS) last announced its earnings results on Tuesday, November 5th. The company reported ($0.12) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.04) by $0.08. The company had revenue of $215.00 million for the quarter, compared to the consensus estimate of $222.00 million.
A number of analysts have recently weighed in on KOS shares. Analysts at HSBC upgraded shares of Kosmos Energy to an “overweight” rating in a research note to investors on Thursday. Separately, analysts at Tudor Pickering upgraded shares of Kosmos Energy from a “hold” rating to an “accumulate” rating in a research note to investors on Thursday. Finally, analysts at Mizuho upgraded shares of Kosmos Energy from a “neutral” rating to a “buy” rating in a research note to investors on Monday, November 18th. They now have a $14.00 price target on the stock, up previously from $11.50. Eight research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Kosmos Energy currently has a consensus rating of “Hold” and an average target price of $13.03.
Kosmos Energy, Ltd. operates as an oil exploration and production company. The Company engages in the exploration, development, and production of oil and natural gas in Africa.
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