22 June 2015securities registration● Neutral
Kosmos Energy Ltd. filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
11 June 2015material agreement▲ Good
Kosmos expanded its revolving credit facility from $300 million to $400 million and extended its maturity three years to November 2018, giving it more headroom during the oil-price downturn.
4 May 2015quarterly activities report▼ Bad
Kosmos Energy Ltd. reported quarterly revenue of $132.6 million and a net loss of $78.9 million for the period ended 2015-03-31.
4 May 2015quarterly activities report▼ Bad
Kosmos Energy Ltd. reported quarterly revenue of $132.6 million and a net loss of $78.9 million for the period ended 2015-03-31.
10 Apr 2015debt financing▼ BadMajor
With oil prices sliding, Kosmos tapped an additional $225 million of its 7.875% notes, taking total notes outstanding to $525 million -- added debt taken on to shore up liquidity through the downturn.
7 Apr 2015quarterly activities report▼ Bad
Kosmos Energy Ltd. reported quarterly revenue of $132.6 million and a net loss of $78.9 million for the period ended 2015-03-31.
23 Feb 2015quarterly activities report● Neutral
Kosmos Energy Ltd. reported quarterly revenue of $178.1 million and net income of $128.8 million for the period ended 2014-12-31.
13 Feb 2015substantial holder notice● Neutral
Hotchkis and Wiley Capital Management, LLC disclosed a new substantial Kosmos Energy Ltd. shareholding (7.08% of votes).
13 Nov 2014substantial holder notice● Neutral
Warburg Pincus Private Equity VIII, L.P, Warburg Pincus International Partners, L.P, Warburg Pincus Partners, L.P, Warburg Pincus Partners GP LLC, Warburg Pincus & Co, Warburg Pincus LLC, Charles R. Kaye, Joseph P. Landy reported a Kosmos Energy Ltd. shareholding of 118,008,651 shares (30.50% of votes) in a periodic institutional filing.
3 Nov 2014quarterly activities report● Neutral
Kosmos Energy Ltd. reported quarterly revenue of $138.4 million and net income of $19.1 million for the period ended 2014-09-30.
3 Nov 2014quarterly activities report● Neutral
Kosmos Energy Ltd. reported quarterly revenue of $138.4 million and net income of $19.1 million for the period ended 2014-09-30.
10 Oct 2014material agreement● Neutral
The sponsors sold a further 15 million shares (plus a 2.25 million-share over-allotment) to the public in a third secondary offering within two years.
8 Oct 2014securities registration● Neutral
Kosmos Energy Ltd. filed the final prospectus for a registered offering.
6 Oct 2014securities registration● Neutral
Kosmos Energy Ltd. filed a prospectus supplement covering resales by selling shareholders.
1 Oct 2014quarterly activities report● Neutral
Kosmos Energy Ltd. reported quarterly revenue of $138.4 million and net income of $19.1 million for the period ended 2014-09-30.
4 Aug 2014quarterly activities report● Neutral
Kosmos Energy Ltd. reported quarterly revenue of $329.2 million and net income of $56.5 million for the period ended 2014-06-30.
4 Aug 2014debt financing● NeutralMajor
Kosmos raised $300 million in new 7.875% senior secured notes due 2021, adding a bond alongside its bank facilities, secured by a pledge of its main operating subsidiary's shares.
15 July 2014material agreement● Neutral
Warburg Pincus and Blackstone sold another 19.55 million shares to the public, continuing their post-IPO exit; Kosmos again receives none of the proceeds.
11 July 2014securities registration● Neutral
Kosmos Energy Ltd. filed the final prospectus for a registered offering.
9 July 2014securities registration● Neutral
Kosmos Energy Ltd. filed a prospectus supplement covering resales by selling shareholders.
7 July 2014quarterly activities report● Neutral
Kosmos Energy Ltd. reported quarterly revenue of $329.2 million and net income of $56.5 million for the period ended 2014-06-30.
5 May 2014quarterly activities report● Neutral
Kosmos Energy Ltd. reported quarterly revenue of $237.1 million and net income of $75.0 million for the period ended 2014-03-31.
20 Mar 2014debt financing▲ GoodMajor
Kosmos refinanced its main bank facilities, raising total borrowing capacity from $1.2 billion to $1.5 billion and extending maturity to 2021, while setting a conservative $70/barrel oil-price floor for calculating how much it can borrow against reserves.
14 Feb 2014substantial holder notice● Neutral
Blackstone Family GP L.L.C, BCP IV GP L.L.C, Blackstone Holdings III L.P, Blackstone Holdings III GP L.P, Blackstone Holdings III GP Management L.L.C, The Blackstone Group L.P, Blackstone Group Management L.L.C, Stephen A. Schwarzman reported a Kosmos Energy Ltd. shareholding of 109,800,289 shares (28.30% of votes) in a periodic institutional filing.
5 Nov 2013quarterly activities report▼ Bad
Kosmos Energy Ltd. reported quarterly revenue of $215.4 million and a net loss of $44.5 million for the period ended 2013-09-30.
5 Nov 2013quarterly activities report▼ Bad
Kosmos Energy Ltd. reported quarterly revenue of $215.4 million and a net loss of $44.5 million for the period ended 2013-09-30.
5 Aug 2013quarterly activities report▼ Bad
Kosmos Energy Ltd. reported quarterly revenue of $193.8 million and a net loss of $70.8 million for the period ended 2013-06-30.
9 July 2013debt financing● Neutral
Kosmos arranged a new letter-of-credit facility (up to $150 million) with Societe Generale to back its West African operations, adding a dedicated LC line alongside its existing bank debt.
21 June 2013director interest notice● Neutral
Kosmos Energy Ltd. Senior V.P., General Counsel Jason Doughty received 51,354 shares as part of the equity award.
11 June 2013material agreement● NeutralMajor
Kosmos locked in a new deepwater drillship from Atwood Oceanics for an initial 3-year term at roughly $595,000/day starting mid-2014, securing the rig capacity it needs to keep exploring offshore West Africa.