Kosmos Energy Ltd. (KOS) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
8176 PARK LANE DALLAS, TX 75231 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 96,478 | 95,345 | 183,405 | 131,620 | 149,027 | 224,502 | |||
| Cash and cash equivalent | 84,972 | 95,345 | 183,405 | 131,620 | 149,027 | 224,502 | |||
| Short-term investments | 11,506 | ||||||||
| Restricted cash and investments | 42,971 | 195 | 4,302 | ||||||
| Receivables | 164,959 | 120,733 | 119,735 | 177,526 | 78,813 | 174,293 | |||
| Inventory, net of allowances, customer advances and progress billings | 170,871 | 152,054 | 133,515 | 165,247 | 128,972 | 114,412 | |||
| Inventory | 170,871 | 152,054 | 133,515 | 165,247 | 128,972 | 114,412 | |||
| Derivative instruments and hedges, assets | 8,916 | 8,346 | 7,344 | 5,689 | 15,414 | 12,856 | |||
| Other undisclosed current assets | 4,908 | 46,235 | 24,722 | 18,899 | 27,870 | 36,192 | |||
| Total current assets: | 446,132 | 422,713 | 468,721 | 541,952 | 400,291 | 566,557 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 16,044 | 17,578 | 19,799 | 20,008 | |||||
| Nontrade receivables | 385,463 | 325,181 | 235,696 | 191,150 | 117,497 | 43,430 | |||
| Property, plant and equipment | 4,444,221 | 4,160,229 | 3,842,647 | 4,183,987 | 3,320,913 | 3,642,332 | |||
| Derivative instruments and hedges | 512 | 1,594 | 1,725 | 1,026 | 964 | 2,302 | |||
| Restricted cash and investments | 305 | 3,416 | 3,416 | 305 | 542 | 542 | |||
| Deferred income tax assets | 4,717 | 3,033 | 32,779 | ||||||
| Other undisclosed noncurrent assets | 27,638 | 21,968 | 11,739 | 4,653 | 7,587 | 9,282 | |||
| Total noncurrent assets: | 4,862,856 | 4,515,421 | 4,111,267 | 4,398,699 | 3,467,302 | 3,750,675 | |||
| TOTAL ASSETS: | 5,308,988 | 4,938,134 | 4,579,988 | 4,940,651 | 3,867,593 | 4,317,232 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 594,948 | 551,727 | 537,481 | 435,073 | 424,690 | 530,187 | |||
| Accounts payable | 349,994 | 248,912 | 212,275 | 184,403 | 221,430 | 149,483 | |||
| Accrued liabilities | 244,954 | 302,815 | 325,206 | 250,670 | 203,260 | 380,704 | |||
| Debt | 30,000 | 30,000 | 7,500 | ||||||
| Derivative instruments and hedges, liabilities | 3,103 | 6,773 | 65,879 | 28,009 | 8,914 | ||||
| Total current liabilities: | 594,948 | 554,830 | 574,254 | 530,952 | 460,199 | 539,101 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,744,712 | 2,390,914 | 2,195,911 | 2,590,495 | 2,103,931 | 2,008,063 | |||
| Long-term debt, excluding current maturities | 2,744,712 | 2,390,914 | 2,195,911 | 2,590,495 | 2,103,931 | 2,008,063 | |||
| Liabilities, other than long-term debt | 768,904 | 960,053 | 1,021,975 | 1,289,967 | 863,309 | 928,366 | |||
| Asset retirement obligations | 406,886 | 343,979 | 300,800 | 322,237 | 244,166 | 230,526 | |||
| Deferred income tax liabilities | 313,433 | 363,918 | 468,445 | 711,038 | 573,619 | 653,221 | |||
| Other liabilities | 48,585 | 252,156 | 251,952 | 250,394 | 37,455 | 33,141 | |||
| Derivative instruments and hedges, liabilities | 778 | 6,298 | 8,069 | 11,478 | |||||
| Total noncurrent liabilities: | 3,513,616 | 3,350,967 | 3,217,886 | 3,880,462 | 2,967,240 | 2,936,429 | |||
| Total liabilities: | 4,108,564 | 3,905,797 | 3,792,140 | 4,411,414 | 3,427,439 | 3,475,530 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,200,424 | 1,032,337 | 787,848 | 529,237 | 440,154 | 841,702 | |||
| Common stock | 5,162 | 5,044 | 5,002 | 4,962 | 4,497 | 4,458 | |||
| Treasury stock, value | (237,007) | (237,007) | (237,007) | (237,007) | (237,007) | (237,007) | |||
| Additional paid in capital | 2,514,739 | 2,536,621 | 2,505,694 | 2,473,674 | 2,307,220 | 2,297,221 | |||
| Accumulated deficit | (1,082,470) | (1,272,321) | (1,485,841) | (1,712,392) | (1,634,556) | (1,222,970) | |||
| Total equity: | 1,200,424 | 1,032,337 | 787,848 | 529,237 | 440,154 | 841,702 | |||
| TOTAL LIABILITIES AND EQUITY: | 5,308,988 | 4,938,134 | 4,579,988 | 4,940,651 | 3,867,593 | 4,317,232 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,675,358 | 1,701,608 | 2,245,355 | 1,332,013 | 804,033 | 1,499,416 | ||
| Cost of revenue | (695,081) | (840,171) | (1,509,267) | (941,248) | (994,537) | (982,697) | ||
| Gross profit: | 980,277 | 861,437 | 736,088 | 390,765 | (190,504) | 516,719 | ||
| Operating expenses | (630,669) | (489,629) | (453,441) | (435,971) | (318,456) | (502,095) | ||
| Other operating income (expense), net | 204 | (73) | 3,949 | 262 | 2 | (35) | ||
| Operating income (loss): | 349,812 | 371,735 | 286,596 | (44,944) | (508,958) | 14,589 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (17,703) | (23,656) | 9,054 | (10,111) | (37,802) | (24,648) | ||
| Interest and debt expense | (25,173) | (1,503) | (192) | (19,625) | (12,249) | (34,051) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 306,936 | 346,576 | 295,458 | (74,680) | (559,009) | (44,110) | ||
| Other undisclosed income from continuing operations before income taxes | 42,876 | 25,159 | 41,609 | 31,300 | 142,214 | 69,227 | ||
| Income (loss) from continuing operations before income taxes: | 349,812 | 371,735 | 337,067 | (43,380) | (416,795) | 25,117 | ||
| Income tax expense (benefit) | (159,961) | (158,215) | (110,516) | (34,456) | 5,209 | (80,894) | ||
| Income (loss) from continuing operations: | 189,851 | 213,520 | 226,551 | (77,836) | (411,586) | (55,777) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (77,836) | (411,586) | (55,777) | |
| Net income (loss) available to common stockholders, diluted: | 189,851 | 213,520 | 226,551 | (77,836) | (411,586) | (55,777) | ||
Comprehensive Income ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 189,851 | 213,520 | 226,551 | (77,836) | (411,586) | (55,777) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 189,851 | 213,520 | 226,551 | (77,836) | (411,586) | (55,777) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.