Kosmos Energy Ltd. (KOS)

[The Value Investor]

I want to know what the status of EEZ block 4 is... tia.

[QuacksLikeADuck]

Bought for 2.82 near close , figured that was close enough and if it dropped more i'd average down. wish i'd bought the other half now
got my RIG for 3.30 though

[ziggy7796]

You are very close to your 2.80 reentry point...let's see if I get my 2.75 during ext hrs... ziggy

[ziggy7796]

I agreed...rentry at $2.75....then sell at $3.50.....for the last year kos has followed same pattern.

[QuacksLikeADuck]

So glad i did. Got out average 3.60
looking for a re-entry starting at 2.80 again

same time i sold RIG average about 4.60
looking for re-entry starting about 3.30

[TuMaRu]

So glad I didn't buy this stock. Been an underperformer from 2018, when they made the GoM acquisition and loaded the company with tons of debt. Almost forced into bankruptcy last year.

IMO Kosmos has one of the weakest mgmt. teams in oil&gas like XOG, Oasis and others. They take on more than they can successfully execute and they've never had a strategic focus. Hence the stock has been in the dumps for years and years with no sign of recovery. Its really bad when you issue lot more shares than your company is worth, and then you cancel the dividend -- why should anyone invest in it??

Luckily my SM, CDEV, RIG, HLX are holding up well and will outshine the sector in 2021-22 and later. Won't recommend KOS to anyone as I don't think it'll ever lose 'penny stock' status.

[The Value Investor]

Maybe you have a point.

[ziggy7796]

3.35 and rising...... I don't understand why more ihubbers are not connecting with kos!

[BUFCARP]

Should see four soon ..

[ziggy7796]

Take a look at koss premarket...insane.....sold prematurely at 20 a couple of days ago.

[TuMaRu]

Also, if you want to do apples-to-apples comparison, check out Apache corp, Hess, Talos Energy, Vermillion and others that operate in the international E&P space. Besides they would more than likely been acquired by now had the financials, operations, performance been of interest to a Conoco, Shell, Hess etc.

Some acquisitions in the recent past:
Diamondback merger with QEP (still pending ....!)
COP acquired Concho Resources (bottom barrel paid for shale acres)
Devon acquired WPX Energy
Chevron acquired Noble energy (gas fields off Israel)

and of course OXY acquired Anadarko Petroleum borrowing boatloads from Warren B., and paying a sky high price trying to outbid Chevron... OXY is run by such numbbuts its unbelievable

[TuMaRu]

Sure. No doubt Kosmos good for day or swing trading getting in and out quickly. I call it "bandit trading"

Don't like it as an investment though for reasons mentioned earlier. Also, someone on Stocktwits board was saying its the most investor unfriendly company in Oil & Gas as their performance has sorely lagged that of its global E&P peers. If you pull up a long-term chart, clearly the stock has been depressed for a while. Such stocks and companies usually don't make a comeback in my view.

Am more comfortable with small caps like CDEV, SM Energy, QEP, Helix etc. that seem to have much more upside potential. Good luck to you though.

[ziggy7796]

Talking about both kos and koss actually....kos has been a steady flipper over last year...traded about 20 times.... my gain is usually 10% to 15% per trade...it follows the same pattern.....my interest on koss started when it dropped to $14....then resold at $20 a couple of days ago.

[TuMaRu]

Are you talking about 'KOS' or 'KOSS' (headphone maker)? That one is in the news along with GME, AMC, BB and others.

Not sure if Kosmos Energy KOS is a good play. Thought of getting into it sometime back but decided to pass, mainly because of massive float leading to easy manipulation and shorting of shares by hedge funds. Also disappointed that an NYSE stock cut the dividend -- one of the main reasons big funds buy in the first place.

I'm in Centennial (CDEV), Transocean (RIG) and QEP REsources; so far quite happy with all three this year.

[QuacksLikeADuck]

I think that even though the price is rising the dividends have not caught up yet. I expect them to pick back up over the next year or so. The recent rise in oil prices should start increasing the dividends. The rise in price is forward looking.

[ziggy7796]

Why are amza dividends tracking lower for 2021 for a $25 stock.

AMZA's Dividends By YearYear# DividendsTotal Amount2021 ....3 current dividends total $.66

2020.....12 dividends total $4.20

2019...11 dividends total...$8.80

[ziggy7796]

Also...when koss drops to 15 I buy and sell at 20..stock is being manipulated...maybe by the same stock raiders like gamestop.

[QuacksLikeADuck]

I spent most of mine on 400 shares of AMZA at $8.60
Love the monthly dividends

[ziggy7796]

Remember our first stimulus check.. I bought 10000 shares @ .91 a year ago...now shares worth $33000 over 200% gain in 1 yr....this stock will hit $4 within a month...imho...ziggy

[QuacksLikeADuck]

Good buy. I added 500 more yesterday myself
got in Oct 2 at .95 flipped a few along the way but holding a core
Shares Held By Institutions 83%
2 recent increases in target price to 5 and 4.5
oil and gas are only going to increase under this administration.

[ziggy7796]

Bought 2000 shares of kos yesterday.at $3per share... stock down 10% on good news.....oil jumped to $71 per barrel due to opec cut back....demand for oil up due to increased global activity because of covid-19 decline and Texas only at 75% oil producing capacity due to previous weather crisis from 2wks ago...or...their electric power grid is hurting and repairs needed to many oil production facility....a perfect storm.....my prediction is kos will be at $4 by end of month.....a 33% return on investment in weeks..... market is manipulating this stock

[The Value Investor]

Pretty interesting.

[The Value Investor]

I think they hold on the block 5 because of the finds in EG, it's on the same horizontal line, in the vicinity?

Normally one would have thought that block 5 should have been part of the whole EEZ package...?

[TuMaRu]

Per the website, they still own and operate it. Its one of their remaining exploration blocks in Africa after selling off other assets there to Shell. They had 9 different Production, Development and Exploration assets at one time both operated / non-operated. Wonder what they're worth from a balance sheet perspective.

Their 2026 bonds are trading at full value and they just rolled over their short-term debt into 2028 bonds. How much would this company be worth if they were acquired?

[The Value Investor]

It's the Sao Tome EEZ block, nearby EG.

[TuMaRu]

What is this block you're referring to, is it in Gulf of Mexico or Ghana, or Eq. Guinea? They have production in those areas, and the only development blocks are off Mauritania & Senegal (Tortue, which is primarily a gas field). No exploration activity as of now. Sold off those assets to Shell last year.

Was initially interested in KOS but passed on it seeing as there are other better O&G plays out there. Yes, lots of US shale players went Ch. 11 last year, many reverse splits, so one had to steer clear of all that wreckage! Not an easy task to sift thru the gravel ... list is endless - Whiting, XOG, Denbury, Oasis, GPOR, Chapparal not to mention all the drillers. If KOS can clean up their balance sheet i.e. "deleverage" and cut debt, it could likely make a comeback esp among midcap oilers.

For whatever reason, its undervalued compared to Apache, Marathon (MRO), DEvon , etc. You may also want to consider better plays like QEP, SM, Matador MTDR, Antero AR in the small to mid cap range. Avoid MLPs they pay their owners first and generally scalp retail holders with stiff premiums. GL.

[The Value Investor]

Not much activity here. :(

[The Value Investor]

Anybody? :)

[The Value Investor]

Does anybody know why Kosmos kept EEZ block 5?

[QuacksLikeADuck]

BlackRock , wellington, FMR all taking huge positions. enough to have to file SC 13G/A. looking at their other investments taking large positions in RIG and other oil/gas stocks.
They understand what is going to happen with this administrations energy policy.

[QuacksLikeADuck]

The more i look at what is going on the more i like this company.
With the new administration cutting off US exploration, drilling and fracking licenses Oil and natural gas are going to go through the roof. and with most of their sites outside of the US they are going to do VERY well. I got rid of most of mine when it went over 3 , but the more i think about it i'm starting to reload.

[Michael TRed]

3$+ at close

[Juanitoes]

No activity here? Stocks been performing pretty good

[QuacksLikeADuck]

think this is getting ready to spike again

[QuacksLikeADuck]

Glad i got some on the dip

[TuMaRu]

OMG almost bought KOS today but decided against it at the last moment.... whew!! Bullet dodged. Its got extreme swings based on the chart. Either that or its totally manipulated by shorts and other players.

Sorry but meself prefer to stay away from such high beta volatile stocks. Already enough uncertainty, political drama and myriad other variables to deal with in our everyday lives, don't want rhe added stress of a small cap oil stock weighing on me. Will stick to the widely held ones for now... GLTA

[TuMaRu]

Thanks for the info and suggestions guys, much appreciated. Will now look into KOS in more detail.

Ziggy, me too... did just that over the summer with several oil tickers, flipping and sometimes daytrading for mere pennies. Oasis, RIG, Helix, Centennial .... decent enough gains too. But there was a LOT of risk there in not getting caught in one of the downdrafts like what happened to Oasis (Ch. 11) and Valaris for example. VAL went up a lot during the June spike, but then crashed and burned.

Unfortunately, many folks got caught in the wrong stock at the wrong time and lost a lot too. So it wasn't just timing but a bit of luck too I believe. Some guy on Stocktwits claims he lost $6 Mil on one stock alone -- HPR, High Point Resources. Hard to believe?! He sold his construction company several years ago and took up "investing" as full-time hobby in retirement, and he's not even 50!

[QuacksLikeADuck]

Actually , if you are looking for a good dividend Energy ETF
I bought AMZA in my IRA account at $8.6 during the panic selling and some more at $16 later. It is around $21 right now, $46 pre covid and a very nice yield. Nice buy and forget investment.
But there may be better out there now. Have not looked for awhile

[QuacksLikeADuck]

For a few years at least , oil prices will start falling as demand drops starting in about 5 years or so as alternate energy sources take over. There will always be a demand for oil but it will decrease at some point in the foreseeable future. Until then you are correct , its going to be a fun ride

[QuacksLikeADuck]

No pointers really. I go by the seat of my pants really. Originally I bought KOS because they were a solid company that had been deeply oversold and under $1 so i could afford a large number of shares. but not genius or anything, Buying almost any decent company at the height of the pandemic panic selling would make a decent return. I was more proud of my BLNK warrents at $2 before it shot up. Mostly though i look for beat up stocks that i think will return for any number of reasons.

[ziggy7796]

Our strategies are similar but I'm flipping every couple of weeks...increasing my share count accordingly. I use BP as a premarket barameter and will adjust my kos (GTC)buy/sell price just prior to market open....kos percetage stock price always seems to fluctuate higher/lower vs BP on any given day...good luck... ziggy

[ziggy7796]

TMR....in the short term I'm flipping kos during peaks and valleys over the last six months for a 300% return..... remember this stock was steady at $6 precovid for a long time....with covid vaccines in the pipeline the world economy will eventually rebalance and global oil demand (reducing current oil inventory overstock) and prices will rise as global population goes back to work consuming more oil for jobs, factories, transportation, leasure.,.etc....the question is when.....at that time I will hold for LT stock rise back to 6.
Secondly.... with a Biden presidency, US oil regulations will rise and US oil development will be curtailed....spot crude prices will rise and reflect accordingly in all oil stocks as price increases are past on to consumers... remember $3 gas prices... finally start watching BP premarket stock trend....whatever BP does.... Kos will follow at market opening but at a higher percentage level...good luck...ziggy

[TuMaRu]

Any pointers on good Oil/Gas companies to target realizing that many are highly speculative plays right now.... why Kosmos? Great balance sheet, good prospects, value play, other reasons...?

What is your core position like, a few thousand shares, 10000 or more maybe? Appreciate any responses. TIA!

[QuacksLikeADuck]

Took a core position 03/16/2020 for .70
sold half on 04/30/2020 for 1.62

Been flipping a here and there since then

topped up again 10/02/2020 for .947
probably sell half again just under 3

[ziggy7796]

My message from 5/19/20

"Took a position at .91 about 1 month ago. As floating inventory is consumed ...as the world is getting back to work....oil will rebound accordingly. Russia and Saudi Arabia behaving..... USA filling strategiy reserve.... Look for $3 by August."

Kos fluctuates +/- .25 every couple of days with 5 million min traded every day....great stock to day trade. Check out today's movement.




Kos.... fluctuates +/-. .25 every couple of days..this is a

[whytestocks]

BREAKING NEWS: $KOS Why Callon Petroleum, SM Energy, and Kosmos Energy All Rallied Double Digits at the Open Today

Shares of U.S. energy company SM Energy (NYSE: SM) rose as much as 16% in early trading on Nov. 16. Close behind was offshore-focused Kosmos Energy (NYSE: KOS) with a 14% advance. And pulling up the rear was Callon Petroleum (NYSE: CPE) with a still notable 13% g...

Got this from KOS - Why Callon Petroleum, SM Energy, and Kosmos Energy All Rallied Double Digits at the Open Today

[whytestocks]

NEWS: $KOS Kosmos Energy Announces Third Quarter 2020 Results

Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today the financial and operating results for the third quarter of 2020. For the quarter, the Company generated a net loss of $37 million, or $0.09 per diluted share. When adjusted for certain items that impact the compar...

Find out more KOS - Kosmos Energy Announces Third Quarter 2020 Results

[Vincent1974]

i am expecting a new video tonight. ;)

[Vincent1974]

going up. Good new in the oil industry.

[ClayTrader]

* * $KOS Video Chart 10-05-2020 * *

Link to Video - click here to watch the technical chart video