Kosmos Energy Ltd. (KOS) financial statements (2020 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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments225174233194275555598
Cash and cash equivalents225174233194275555598
Restricted cash and investments45562529  
Receivables174140161143138620
Inventory, net of allowances, customer advances and progress billings114857274855547
Inventory114857274855547
Derivative instruments and hedges, assets1339232183163 
Deferred tax assets    3220
Other undisclosed current assets3668972514370
Total current assets:5675105344757341,010735
Noncurrent Assets
Operating lease, right-of-use asset20
Nontrade receivables4319354638 
Property, plant and equipment3,6423,4602,3182,7092,3231,7851,523
Oil and gas property, successful effort method     1,7731,508
Long-term investments and receivables 52237    
Long-term investments 52237    
Derivative instruments and hedges214046089 
Restricted cash and investments18155571632
Deferred costs    84940
Deferred income tax assets33
Deferred tax assets, net  3833916
Other undisclosed noncurrent assets9265415 (1,759)(1,508)
Total noncurrent assets:3,7513,5782,6592,8662,4691,9621,611
TOTAL ASSETS:4,3174,0883,1933,3413,2032,9732,346
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities530372361350456396230
Accounts payable14917714222129618494
Accrued liabilities381196219130160202115
Taxes payable     920
Derivative instruments and hedges, liabilities91268201110
Deferred tax liabilities    62 
Other undisclosed current liabilities     (9)(20)
Total current liabilities:539384429370457449219
Noncurrent Liabilities
Long-term debt and lease obligation2,0082,1211,2831,322861794900
Long-term debt, excluding current maturities2,0082,1211,2831,322861794900
Liabilities, other than long-term debt928165107568560391234
Asset retirement obligations2311456764444440
Deferred tax liabilities, net  482502338170
Deferred income tax liabilities653
Other liabilities33911810921
Derivative instruments and hedges, liabilities11103014404
Other undisclosed noncurrent liabilities 477477    
Total noncurrent liabilities:2,9362,7621,8671,8901,4211,1851,134
Total liabilities:3,4763,1472,2952,2601,8781,6341,353
Stockholders' equity
Stockholders' equity attributable to parent8429418971,0811,3261,339992
Common stock4444444
Treasury stock, value(237)(237)(48)(48)(47)(31)(21)
Additional paid in capital2,2972,3412,0151,9751,9331,8601,782
Accumulated other comprehensive income     12
Accumulated deficit(1,223)(1,167)(1,073)(850)(565)(495)(774)
Total stockholders' equity:8429418971,0811,3261,339992
TOTAL LIABILITIES AND EQUITY:4,3174,0883,1933,3413,2032,9732,346

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1,499887637385472883852
Revenue, net637385447859852
Cost of revenue(983)(636)(530)(390)(105) (159)
Cost of goods and services sold(5)(0)(127)(119)(105) (97)
Gross profit:517250106(5)366883693
Operating expenses(502)(317)(284)(290)(293)(420)(617)
Other operating expense, net(0)      
Operating income (loss):15(67)(178)(295)7346376
Nonoperating income (expense)(25)7(5)(23)(5)(2)(4)
Investment income, nonoperating    210270(25)
Other nonoperating income (expense)(25)7(5)(23)110
Interest and debt expense(34)(14)(10)(10)(14)(3)(37)
Other undisclosed income from continuing operations before equity method investments, income taxes    3112140
Income (loss) from continuing operations before equity method investments, income taxes:(44)(74)(193)(328)8557876
Income (loss) from equity method investments 73(6)    
Other undisclosed income (loss) from continuing operations before income taxes69(50)2233   
Income (loss) from continuing operations before income taxes:25(51)(178)(295)8557876
Income tax expense (benefit)(81)(43)(45)11(155)(299)(167)
Net income (loss) attributable to parent:(56)(94)(223)(284)(70)279(91)
Other undisclosed net loss available to common stockholders, basic     (3) 
Net income (loss) available to common stockholders, basic:(56)(94)(223)(284)(70)276(91)
Other undisclosed net income available to common stockholders, diluted     0 
Net income (loss) available to common stockholders, diluted:(56)(94)(223)(284)(70)276(91)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):(56)(94)(223)(284)(70)279(91)
Comprehensive income (loss):(56)(94)(223)(284)(70)279(91)
Other undisclosed comprehensive loss, net of tax, attributable to parent    (1)(1)(2)
Comprehensive income (loss), net of tax, attributable to parent:(56)(94)(223)(284)(71)278(93)

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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