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Kosmos Energy

DB:KOS1
Snowflake Description

Fair value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KOS1
DB
$347M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Kosmos Energy Ltd., a deepwater independent oil and gas exploration and production company, focuses along the Atlantic Margins. The last earnings update was 34 days ago. More info.


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  • Kosmos Energy has significant price volatility in the past 3 months.
KOS1 Share Price and Events
7 Day Returns
26%
DB:KOS1
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-85.4%
DB:KOS1
21.9%
DE Oil and Gas
-17.7%
DE Market
KOS1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Kosmos Energy (KOS1) 26% -70.1% -83.8% -85.4% - -
DE Oil and Gas 18.1% -15.9% -28.7% 21.9% -25.6% 137.4%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • KOS1 underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • KOS1 underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
KOS1
Industry
5yr Volatility vs Market

Value

 Is Kosmos Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Kosmos Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Kosmos Energy.

DB:KOS1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:KOS1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.808 (1 + (1- 21%) (584.8%))
3.373
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:KOS1 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Kosmos Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:KOS1 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.49%)
2020 27.20 Analyst x5 24.62
2021 102.03 Analyst x7 83.57
2022 144.50 Analyst x4 107.13
2023 373.33 Analyst x3 250.50
2024 193.67 Analyst x3 117.61
2025 114.57 Est @ -40.84% 62.97
2026 81.68 Est @ -28.71% 40.63
2027 65.17 Est @ -20.21% 29.34
2028 55.87 Est @ -14.27% 22.77
2029 50.23 Est @ -10.1% 18.52
Present value of next 10 years cash flows $757.00
DB:KOS1 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $50.23 × (1 + -0.39%) ÷ (10.49% – -0.39%)
$459.86
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $459.86 ÷ (1 + 10.49%)10
$169.59
DB:KOS1 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $757.00 + $169.59
$926.59
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $926.59 / 405.10
$2.29
DB:KOS1 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:KOS1 represents 0.93294x of NYSE:KOS
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.93294x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 2.29 x 0.93294
€2.13
Value per share (EUR) From above. €2.13
Current discount Discount to share price of €0.80
= -1 x (€0.80 - €2.13) / €2.13
62.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Kosmos Energy is available for.
Intrinsic value
>50%
Share price is €0.8 vs Future cash flow value of €2.13
Current Discount Checks
For Kosmos Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Kosmos Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Kosmos Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Kosmos Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Kosmos Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:KOS1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.14
NYSE:KOS Share Price ** NYSE (2020-03-30) in USD $0.86
Europe Oil and Gas Industry PE Ratio Median Figure of 105 Publicly-Listed Oil and Gas Companies 5.67x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Kosmos Energy.

DB:KOS1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:KOS Share Price ÷ EPS (both in USD)

= 0.86 ÷ -0.14

-6.17x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kosmos Energy is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Kosmos Energy is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Kosmos Energy's expected growth come at a high price?
Raw Data
DB:KOS1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.17x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
44.1%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 65 Publicly-Listed Oil and Gas Companies 0.17x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Kosmos Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Kosmos Energy's assets?
Raw Data
DB:KOS1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $2.10
NYSE:KOS Share Price * NYSE (2020-03-30) in USD $0.86
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 0.94x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:KOS1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:KOS Share Price ÷ Book Value per Share (both in USD)

= 0.86 ÷ 2.10

0.41x

* Primary Listing of Kosmos Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kosmos Energy is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Kosmos Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Kosmos Energy has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Kosmos Energy expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
44.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Kosmos Energy expected to grow at an attractive rate?
  • Kosmos Energy's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Kosmos Energy's earnings growth is expected to exceed the Germany market average.
  • Kosmos Energy's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:KOS1 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:KOS1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 44.1%
DB:KOS1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts -0.4%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:KOS1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:KOS1 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 1,289 651 163 2
2023-12-31 1,400 686 195 2
2022-12-31 1,369 609 103 4
2021-12-31 1,184 529 -102 8
2020-12-31 1,001 430 -229 7
2020-03-30
DB:KOS1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 1,499 628 -56
2019-09-30 1,359 571 166
2019-06-30 1,245 482 23
2019-03-31 1,064 260 -97
2018-12-31 895 260 -94
2018-09-30 772 232 -402
2018-06-30 681 255 -339
2018-03-31 602 250 -244
2017-12-31 578 237 -223
2017-09-30 547 212 -157
2017-06-30 443 59 -154
2017-03-31 352 6 -254

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Kosmos Energy's earnings are expected to grow significantly at over 20% yearly.
  • Kosmos Energy's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:KOS1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Kosmos Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:KOS1 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31 0.41 0.41 0.40 2.00
2023-12-31 0.50 0.60 0.39 2.00
2022-12-31 0.32 0.80 0.05 3.00
2021-12-31 -0.18 0.50 -0.98 10.00
2020-12-31 -0.45 -0.05 -1.06 7.00
2020-03-30
DB:KOS1 Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.14
2019-09-30 0.41
2019-06-30 0.06
2019-03-31 -0.24
2018-12-31 -0.23
2018-09-30 -1.01
2018-06-30 -0.86
2018-03-31 -0.63
2017-12-31 -0.57
2017-09-30 -0.41
2017-06-30 -0.40
2017-03-31 -0.66

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Kosmos Energy is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Kosmos Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Kosmos Energy has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Kosmos Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Kosmos Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Kosmos Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Kosmos Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Kosmos Energy's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Kosmos Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Kosmos Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:KOS1 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,499.38 -55.78 290.97
2019-09-30 1,359.19 165.56 318.52
2019-06-30 1,244.78 23.44 387.52
2019-03-31 1,064.32 -96.67 424.52
2018-12-31 894.70 -93.99 401.35
2018-09-30 772.31 -401.64 325.67
2018-06-30 680.99 -338.98 266.18
2018-03-31 601.88 -244.18 205.93
2017-12-31 578.14 -222.79 284.35
2017-09-30 547.15 -157.41 316.97
2017-06-30 442.54 -153.77 348.11
2017-03-31 351.68 -253.63 369.63
2016-12-31 310.38 -283.78 289.90
2016-09-30 276.01 -203.08 240.26
2016-06-30 325.96 -83.05 197.70
2016-03-31 399.66 -49.92 197.18
2015-12-31 446.91 -69.84 293.01
2015-09-30 503.09 33.57 314.98
2015-06-30 544.88 -7.57 325.87
2015-03-31 754.84 123.44 326.14
2014-12-31 855.88 276.08 228.75
2014-09-30 895.62 152.85 228.26
2014-06-30 972.56 89.23 285.46
2014-03-31 837.13 -36.89 365.63
2013-12-31 852.15 -91.04 388.74
2013-09-30 857.17 -63.60 362.22
2013-06-30 864.97 -55.37 326.56
2013-03-31 783.62 -9.91 242.10

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Kosmos Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Kosmos Energy used its assets less efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • It is difficult to establish if Kosmos Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Kosmos Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Kosmos Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Kosmos Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Kosmos Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Kosmos Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Kosmos Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Kosmos Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Kosmos Energy Company Filings, last reported 2 months ago.

DB:KOS1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 841.70 2,008.06 224.50
2019-09-30 891.03 2,106.20 203.65
2019-06-30 884.21 2,129.34 176.91
2019-03-31 876.59 2,195.83 134.42
2018-12-31 941.48 2,120.55 173.52
2018-09-30 934.93 2,094.53 193.16
2018-06-30 744.13 1,167.78 117.88
2018-03-31 843.40 1,265.20 200.02
2017-12-31 897.11 1,282.80 234.43
2017-09-30 1,009.24 1,080.35 164.55
2017-06-30 1,062.85 1,127.50 162.69
2017-03-31 1,061.31 1,174.71 153.19
2016-12-31 1,081.20 1,322.40 194.06
2016-09-30 1,128.25 1,321.02 109.04
2016-06-30 1,178.70 1,194.41 112.82
2016-03-31 1,276.12 1,016.33 212.92
2015-12-31 1,325.51 862.03 275.00
2015-09-30 1,288.95 901.53 366.04
2015-06-30 1,215.19 799.47 252.61
2015-03-31 1,284.95 795.50 360.47
2014-12-31 1,338.96 749.15 554.83
2014-09-30 1,190.93 795.72 600.63
2014-06-30 1,152.96 801.62 621.63
2014-03-31 1,084.73 802.83 528.03
2013-12-31 992.34 902.73 598.11
2013-09-30 970.30 904.19 440.27
2013-06-30 1,001.43 903.87 508.87
2013-03-31 1,067.50 1,005.91 497.29
  • Kosmos Energy's level of debt (238.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (56% vs 238.6% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Kosmos Energy has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Kosmos Energy has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.9% per year.
X
Financial health checks
We assess Kosmos Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Kosmos Energy has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Kosmos Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
21.08%
Current annual income from Kosmos Energy dividends. Estimated to be 15.31% next year.
If you bought €2,000 of Kosmos Energy shares you are expected to receive €422 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Kosmos Energy's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.7%).
  • Kosmos Energy's dividend is above the markets top 25% of dividend payers in Germany (4.97%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:KOS1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 9.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:KOS1 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31 0.09 2.00
2023-12-31 0.09 2.00
2022-12-31 0.14 3.00
2021-12-31 0.18 6.00
2020-12-31 0.11 6.00
2020-03-30
DB:KOS1 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-24 0.181 16.305
2019-11-04 0.181 3.064
2019-08-05 0.181 2.975
2019-05-06 0.181 2.987
2019-03-01 0.181 2.842

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether Kosmos Energy has stable dividend payments.
  • Kosmos Energy only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Kosmos Energy's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.4x coverage).
X
Income/ dividend checks
We assess Kosmos Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Kosmos Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Kosmos Energy has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Kosmos Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Andy Inglis
COMPENSATION $6,361,722
AGE 60
TENURE AS CEO 6 years
CEO Bio

Mr. Andrew G. Inglis, also known as Andy, has been the Chairman, Chief Executive Officer and Executive Director of Kosmos Energy Ltd. since March 1, 2014. Mr. Inglis served as the Chief Executive of Integrated Energy Services at Petrofac Limited from June 2011 to February 28, 2014. He served as the Chief Executive of Energy Developments and Production Solutions businesses at Petrofac Limited since joining on January 5, 2011. He spent 30 years with BP Plc. He served as the Chief Executive of Exploration & Production of BP PLC since February 1, 2007. He served as Deputy Chief Executive for Exploration and Production of BP PLC since July 1, 2004 and Group Executive Vice President for Exploration & Production since July 1, 2004. He served as Group Vice President of Exploration & Production of BP PLC and served as its Executive Officer until December 31, 2010. He served as Managing Director of BP Group since February 1, 2007. He served as an Executive Vice President of BP PLC until February 1, 2007. After a period in the upstream executive office since 1994, he moved to Alaska and served as Manager of the Kuparuk field. He started his BP career in 1980 as a Mechanical/Project Engineer on various North Sea projects, followed by commercial and operating roles in BP’s upstream business. He worked in various locations throughout the world, having responsibility for BP's growth areas, including Azerbaijan, Angola, Algeria, Gulf of Mexico, Egypt, Trinidad and the Pacific region. Following a series of commercial roles in BP Exploration, since 1996, he served as the Chief of Staff, Exploration and Production. From 1997 to 1999, he was responsible for leading BP's activities in the Deepwater Gulf of Mexico. Since 1999, he served as Vice President of US western gas business unit at BP. He served as an Executive Director of Petrofac Limited from March 1, 2011 to February 28, 2014. He served as a Director of TNK-BP International Ltd. He served as an Executive Director of BP Plc from February 1, 2007 to November 1, 2010. He served as a Director of Rosneft Limited and Rosneft International Holdings Limited. He served as a Non-Executive Director of BAE Systems Plc and BAE Systems, Inc. from June 13, 2007 to July 9, 2010. He served as Director of Open Joint Stock Company RN Holding (formerly, Open Joint-Stock Company TNK-BP Holding) from January 2009 to June 30, 2010. He served as a Director of TNK-BP Ltd. He is a Chartered Mechanical Engineer and is a Fellow of the Royal Academy of Engineering and of the Institute of Mechanical Engineers. Mr. Inglis holds an MA in Engineering from Pembroke College, Cambridge University.

CEO Compensation
  • Andy's compensation has increased whilst company is loss making.
  • Andy's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Kosmos Energy management team in years:

6.2
Average Tenure
58
Average Age
  • The average tenure for the Kosmos Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Andy Inglis

TITLE
Chairman & CEO
COMPENSATION
$6M
AGE
60
TENURE
6 yrs

Tom Chambers

TITLE
Senior VP & CFO
COMPENSATION
$4M
AGE
64
TENURE
5.3 yrs

Chris Ball

TITLE
Senior VP & Chief Commercial Officer
COMPENSATION
$3M
AGE
51
TENURE
6.6 yrs

Richard Clark

TITLE
SVP & Head of Gulf of Mexico Business Unit
COMPENSATION
$3M
AGE
63

Ronald Glass

TITLE
Controller
AGE
41
TENURE
0.3 yrs

Jamie Buckland

TITLE
Vice President of Investor Relations

Jason Doughty

TITLE
Senior VP
COMPENSATION
$2M
AGE
54
TENURE
8.5 yrs

Amy Wynn Steffek

TITLE
SVP & Chief Human Resources Officer

Marvin Garrett

TITLE
Senior Vice President of Drilling
AGE
63
TENURE
10.2 yrs

Eric Haas

TITLE
Senior Vice President of Production & Development
COMPENSATION
$2M
AGE
56
TENURE
6.2 yrs
Board of Directors Tenure

Average tenure and age of the Kosmos Energy board of directors in years:

3.9
Average Tenure
58
Average Age
  • The tenure for the Kosmos Energy board of directors is about average.
Board of Directors

Andy Inglis

TITLE
Chairman & CEO
COMPENSATION
$6M
AGE
60
TENURE
6 yrs

Bayo Ogunlesi

TITLE
Independent Director
COMPENSATION
$225K
AGE
65
TENURE
9.2 yrs

Richard Dearlove

TITLE
Independent Director
COMPENSATION
$260K
AGE
74
TENURE
7.3 yrs

Steven Sterin

TITLE
Director
AGE
47
TENURE
0.7 yrs

Deanna Goodwin

TITLE
Independent Director
COMPENSATION
$183K
AGE
54
TENURE
1.8 yrs

Lisa Davis

TITLE
Director
AGE
56
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Kosmos Energy individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
16. Mar 20 Buy Ronald Glass Individual 13. Mar 20 13. Mar 20 10,000 €0.91 €9,118
13. Mar 20 Buy Richard Clark Individual 11. Mar 20 11. Mar 20 25,000 €1.02 €25,510
10. Mar 20 Buy Andrew Inglis Individual 10. Mar 20 10. Mar 20 300,000 €0.93 €279,999
09. Mar 20 Buy Steven Sterin Individual 06. Mar 20 06. Mar 20 50,000 €1.85 €92,717
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Management checks
We assess Kosmos Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Kosmos Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Kosmos Energy Ltd., a deepwater independent oil and gas exploration and production company, focuses along the Atlantic Margins. The company’s primary assets include production offshore Ghana, Equatorial Guinea, and U.S. Gulf of Mexico, as well as a gas development offshore Mauritania and Senegal. It also maintains an exploration program balanced between proven basin infrastructure-led exploration, emerging basins, and frontier basins. The company was founded in 2003 and is headquartered in Dallas, Texas.

Details
Name: Kosmos Energy Ltd.
KOS1
Exchange: DB
Founded: 2003
$314,857,726
405,098,215
Website: http://www.kosmosenergy.com
Address: Kosmos Energy Ltd.
8176 Park Lane,
Suite 500,
Dallas,
Texas, 75231,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE KOS Common Shares New York Stock Exchange US USD 11. May 2011
DB KOS1 Common Shares Deutsche Boerse AG DE EUR 11. May 2011
LSE KOS Common Shares London Stock Exchange GB GBP 11. May 2011
BATS-CHIXE KOSL Common Shares BATS 'Chi-X Europe' GB GBP 11. May 2011
Number of employees
Current staff
Staff numbers
360
Kosmos Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 23:09
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/26
Last earnings filing: 2020/02/25
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.