Kosmos Energy Ltd. (KOS) financial statements (2022 and earlier)

Company profile

Business Address 8176 PARK LANE
DALLAS, TX 75231
State of Incorp. DE
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments13211115095149301164
Cash and cash equivalents13211115095149301164
Restricted cash and investments43434349010
Receivables1787689927985117
Inventory, net of allowances, customer advances and progress billings165153135154129142130
Inventory165153135154129142130
Derivative instruments and hedges, assets6   153030
Other undisclosed current assets19332630283340
Total current assets:542416443420400592481
Noncurrent Assets
Operating lease, right-of-use asset18   201819
Nontrade receivables19127116014211710188
Property, plant and equipment4,1843,4433,3753,3693,3213,3663,379
Derivative instruments and hedges1   1711
Restricted cash and investments0001111
Other undisclosed noncurrent assets5232527888
Total noncurrent assets:4,3993,7383,5603,5393,4673,5013,505
TOTAL ASSETS:4,9414,1544,0033,9593,8684,0943,986
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities435324496363425371349
Accounts payable184143273189221184146
Accrued liabilities251181223174203187203
Debt30302335817056
Derivative instruments and hedges, liabilities6610812783282544
Total current liabilities:531462645481460565449
Noncurrent Liabilities
Long-term debt and lease obligation2,5902,3682,2242,2712,1042,1912,129
Long-term debt, excluding current maturities2,5902,3682,2242,2712,1042,1912,108
Operating lease, liability      21
Liabilities, other than long-term debt1,2901,037827850863911926
Asset retirement obligations322265257252244248240
Deferred income tax liabilities711505504552574624644
Other liabilities2502454636373333
Derivative instruments and hedges, liabilities6221910869
Other undisclosed noncurrent liabilities      28
Total noncurrent liabilities:3,8803,4053,0513,1212,9673,1033,083
Total liabilities:4,4113,8673,6963,6023,4273,6683,532
Stockholders' equity
Stockholders' equity attributable to parent529287307357440426454
Common stock5555444
Treasury stock, value(237)(237)(237)(237)(237)(237)(237)
Additional paid in capital2,4742,3302,3222,3152,3072,3012,292
Accumulated deficit(1,712)(1,811)(1,783)(1,725)(1,635)(1,643)(1,605)
Total stockholders' equity:529287307357440426454
TOTAL LIABILITIES AND EQUITY:4,9414,1544,0033,9593,8684,0943,986

Income statement (P&L) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues573199384176274225127
Cost of revenue(258)(157)(310)(216)(356)(159)(267)
Gross profit:3154274(39)(82)66(140)
Operating expenses(159)(71)(138)(68)(26)(103)(107)
Other operating income, net0000 0 
Operating income (loss):156(30)(64)(107)(108)(36)(247)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(9)(0)3(3)(10)(3)(1)
Interest and debt expense(4) (15)(3)(3)(3)(4)
Income (loss) from continuing operations before equity method investments, income taxes:142(30)(76)(114)(121)(42)(252)
Other undisclosed income from continuing operations before income taxes14213610566
Income (loss) from continuing operations before income taxes:156(28)(64)(107)(16)(36)(247)
Income tax expense (benefit)(57)(1)71724(1)47
Net income (loss) available to common stockholders, diluted:99(29)(57)(91)8(37)(199)

Comprehensive Income ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net income (loss):99(29)(57)(91)8(37)(199)
Comprehensive income (loss), net of tax, attributable to parent:99(29)(57)(91)8(37)(199)

Statements sources

The financial statements are based on the company's filings with the 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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