InvestorsHub Logo
icon url

TuMaRu

04/01/21 4:14 PM

#115 RE: The Value Investor #114

For those still in this stock, maybe a good time to switch or rotate to better performers in E&P. Kosmos assets simply aren't worth what they once were and will always be undervalued. Compared to other E&P like Apache, Devon, Hess, Ovintiv, Talos etc. this seems to be stuck in a trading range for months now.

Even during heydays of oil, Kosmos had the wrong strategy and poorly performing team running the company and its upstream ops. Ergo, one after another they kept hitting dry wells, and dwindled their opportunities. With the GOM acquisition, their fate was sealed so to speak. Large debt is going to be a cash flow burden they just can't escape. I doubt it will go up much more like the high flyers -- SM, AR, DVN, OVV, TALO, CPE, and even RIG, which is a driller but quite strong due to its backlog
icon url

The Value Investor

04/16/21 10:53 AM

#119 RE: The Value Investor #114

Very intersting. :p