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 investments96,47895,345183,405131,620149,027224,502
Cash and cash equivalent84,97295,345183,405131,620149,027224,502
Short-term investments 11,506     
Restricted cash and investments    42,9711954,302
Receivables164,959120,733119,735177,52678,813174,293
Inventory, net of allowances, customer advances and progress billings170,871152,054133,515165,247128,972114,412
Inventory170,871152,054133,515165,247128,972114,412
Derivative instruments and hedges, assets8,9168,3467,3445,68915,41412,856
Other undisclosed current assets4,90846,23524,72218,89927,87036,192
Total current assets:446,132422,713468,721541,952400,291566,557
Noncurrent Assets
Operating lease, right-of-use asset   16,04417,57819,79920,008
Nontrade receivables385,463325,181235,696191,150117,49743,430
Property, plant and equipment4,444,2214,160,2293,842,6474,183,9873,320,9133,642,332
Derivative instruments and hedges 5121,5941,7251,0269642,302
Restricted cash and investments3053,4163,416305542542
Deferred income tax assets4,7173,033   32,779
Other undisclosed noncurrent assets27,63821,96811,7394,6537,5879,282
Total noncurrent assets:4,862,8564,515,4214,111,2674,398,6993,467,3023,750,675
TOTAL ASSETS:5,308,9884,938,1344,579,9884,940,6513,867,5934,317,232
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities594,948551,727537,481435,073424,690530,187
Accounts payable349,994248,912212,275184,403221,430149,483
Accrued liabilities244,954302,815325,206250,670203,260380,704
Debt   30,00030,0007,500 
Derivative instruments and hedges, liabilities  3,1036,77365,87928,0098,914
Total current liabilities:594,948554,830574,254530,952460,199539,101
Noncurrent Liabilities
Long-term debt and lease obligation2,744,7122,390,9142,195,9112,590,4952,103,9312,008,063
Long-term debt, excluding current maturities2,744,7122,390,9142,195,9112,590,4952,103,9312,008,063
Liabilities, other than long-term debt768,904960,0531,021,9751,289,967863,309928,366
Asset retirement obligations406,886343,979300,800322,237244,166230,526
Deferred income tax liabilities313,433363,918468,445711,038573,619653,221
Other liabilities48,585252,156251,952250,39437,45533,141
Derivative instruments and hedges, liabilities   7786,2988,06911,478
Total noncurrent liabilities:3,513,6163,350,9673,217,8863,880,4622,967,2402,936,429
Total liabilities:4,108,5643,905,7973,792,1404,411,4143,427,4393,475,530
Equity
Equity, attributable to parent1,200,4241,032,337787,848529,237440,154841,702
Common stock5,1625,0445,0024,9624,4974,458
Treasury stock, value(237,007)(237,007)(237,007)(237,007)(237,007)(237,007)
Additional paid in capital2,514,7392,536,6212,505,6942,473,6742,307,2202,297,221
Accumulated deficit(1,082,470)(1,272,321)(1,485,841)(1,712,392)(1,634,556)(1,222,970)
Total equity:1,200,4241,032,337787,848529,237440,154841,702
TOTAL LIABILITIES AND EQUITY:5,308,9884,938,1344,579,9884,940,6513,867,5934,317,232

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
Revenues1,675,3581,701,6082,245,3551,332,013804,0331,499,416
Cost of revenue(695,081)(840,171)(1,509,267)(941,248)(994,537)(982,697)
Gross profit:980,277861,437736,088390,765(190,504)516,719
Operating expenses(630,669)(489,629)(453,441)(435,971)(318,456)(502,095)
Other operating income (expense), net204(73)3,9492622(35)
Operating income (loss):349,812371,735286,596(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:306,936346,576295,458(74,680)(559,009)(44,110)
Other undisclosed income from continuing operations before income taxes42,87625,15941,60931,300142,21469,227
Income (loss) from continuing operations before income taxes:349,812371,735337,067(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:189,851213,520226,551(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:189,851213,520226,551(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):189,851213,520226,551(77,836)(411,586)(55,777)
Comprehensive income (loss), net of tax, attributable to parent:189,851213,520226,551(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.

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