Boston Partners trimmed its position in shares of Kosmos Energy Ltd. (NYSE:KOS – Free Report) by 40.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,405,659 shares of the oil and gas producer’s stock after selling 3,041,396 shares during the period. Boston Partners owned 0.96% of Kosmos Energy worth $29,315,000 at the end of the most recent reporting period.
Discover how Kosmos Energy defied economic uncertainties to achieve unprecedented growth in the oil industry through stringent cost controls, strategic foresight, and promising future prospects.
The last thing Senegal needed in its long-drawn-out effort to capitalize on large oil and gas finds off its coast was political turmoil.
In the turbulent seas of the energy sector, upstream specialist Kosmos Energy (KOS) finds itself adrift. Over a 52-week period, KOS stock has endured a nearly 15% loss. This decline persists in spite of oil-producing nations agreeing to production cuts, a move typically aimed at stabilizing and potentially bolstering crude oil prices.
Kosmos Energy Ghana, a leading international deep-water exploration and production company in Ghana’s Upstream Oil and Gas Sector, has constructed a new dormitory block to house visually impaired students at the Ashanti School for the Deaf at Jamasi, in the Ashanti Region.
Oil prices held steady on Tuesday amid uncertainty over voluntary output cuts by OPEC+ and as continued tension in the Middle East spurred supply concern.
Brent crude futures LCOc1 edged up 13 cents to $78.16 a barrel by 0106 GMT, while U.S. West Texas Intermediate crude futures CLc1 were up 18 cents at $73.22 a barrel.
Investors Will Want Kosmos Energy’s (NYSE:KOS) Growth In ROCE To Persist
Kosmos Energy Ltd. has seen net earnings more than triple to $85.19 million for the third quarter against the prior three-month period, and announced a pending takeover of the operatorship of Senegal’s Yakaar-Teranga gas field.
A foundation that supports young people in agribusiness, Kosmos Innovation Center (KIC) has inaugurated an office and incubation hub in Tamale to expand its operations and empower the youth in the area.
DALLAS–(BUSINESS WIRE)–Jul. 14, 2023– Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) alongside its joint venture partners Tullow Oil plc (operator), Ghana National Petroleum Corporation and Petro SA is pleased to announce the successful start-up of the Jubilee South East (JSE) project, offshore Ghana.