Professional
Added to YB: 2024-07-26
Pitch date: 2024-07-11
KOS [bullish]
Kosmos Energy Ltd.
-45.99%
current return
Author Info
No bio for this author
Company Info
Kosmos Energy Ltd., a deepwater exploration and production company, engages in the exploration, development, and production of oil and natural gas properties.
Market Cap
$1.2B
Pitch Price
$5.74
Price Target
11.34 (+266%)
Dividend
N/A
EV/EBITDA
8.82
P/E
-1.64
EV/Sales
3.21
Sector
Oil, Gas and Consumable Fuels
Category
growth
Patient Capital Management New Position: Kosmos Energy Ltd.
KOS: Offshore O&G co. w/ low-cost, low-carbon reserves. Expect $1.30/share FCF in 2024 (23% yield). CapEx decline to boost FCF. Debt paydown, then shareholder returns in H2 2025. Upside potential even at $65 WTI. Acquisition target. PT >2x current price. Attractive long-term asset w/ significant production growth ahead.
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