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
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments132149225174233194275
Cash and cash equivalents132149225174233194275
Restricted cash and investments43045562529
Receivables17879174140161143138
Inventory, net of allowances, customer advances and progress billings16512911485727485
Inventory16512911485727485
Derivative instruments and hedges, assets6151339232183
Other undisclosed current assets192836689725
Total current assets:542400567510534475734
Noncurrent Assets
Operating lease, right-of-use asset182020
Nontrade receivables1911174319354638
Property, plant and equipment4,1843,3213,6423,4602,3182,7092,323
Long-term investments and receivables   52237  
Long-term investments   52237  
Derivative instruments and hedges112140460
Restricted cash and investments011815557
Deferred costs      8
Deferred income tax assets  33
Deferred tax assets, net  3833
Other undisclosed noncurrent assets589265415 
Total noncurrent assets:4,3993,4673,7513,5782,6592,8662,469
TOTAL ASSETS:4,9413,8684,3174,0883,1933,3413,203
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities435425530372361350456
Accounts payable184221149177142221296
Accrued liabilities251203381196219130160
Debt308     
Derivative instruments and hedges, liabilities662891268201
Total current liabilities:531460539384429370457
Noncurrent Liabilities
Long-term debt and lease obligation2,5902,1042,0082,1211,2831,322861
Long-term debt, excluding current maturities2,5902,1042,0082,1211,2831,322861
Liabilities, other than long-term debt1,290863928165107568560
Asset retirement obligations322244231145676444
Deferred tax liabilities, net  482502
Deferred income tax liabilities711574653
Other liabilities2503733911810
Derivative instruments and hedges, liabilities68111030144
Other undisclosed noncurrent liabilities   477477  
Total noncurrent liabilities:3,8802,9672,9362,7621,8671,8901,421
Total liabilities:4,4113,4273,4763,1472,2952,2601,878
Stockholders' equity
Stockholders' equity attributable to parent5294408429418971,0811,326
Common stock5444444
Treasury stock, value(237)(237)(237)(237)(48)(48)(47)
Additional paid in capital2,4742,3072,2972,3412,0151,9751,933
Accumulated deficit(1,712)(1,635)(1,223)(1,167)(1,073)(850)(565)
Total stockholders' equity:5294408429418971,0811,326
TOTAL LIABILITIES AND EQUITY:4,9413,8684,3174,0883,1933,3413,203

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1,3328041,499887637385472
Revenue, net637385447
Cost of revenue(941)(995)(983)(636)(530)(390)(105)
Cost of goods and services sold(1)(9)(5)(0)(127)(119)(105)
Gross profit:391(191)517250106(5)366
Operating expenses(436)(318)(502)(317)(284)(290)(293)
Other operating income (expense), net00(0)    
Operating income (loss):(45)(509)15(67)(178)(295)73
Nonoperating income (expense)(10)(38)(25)7(5)(23)(5)
Investment income, nonoperating      210
Other nonoperating income (expense)(10)(38)(25)7(5)(23)1
Interest and debt expense(20)(12)(34)(14)(10)(10)(14)
Other undisclosed income from continuing operations before equity method investments, income taxes      31
Income (loss) from continuing operations before equity method investments, income taxes:(75)(559)(44)(74)(193)(328)85
Income (loss) from equity method investments   73(6)  
Other undisclosed income (loss) from continuing operations before income taxes3114269(50)2233 
Income (loss) from continuing operations before income taxes:(43)(417)25(51)(178)(295)85
Income tax expense (benefit)(34)5(81)(43)(45)11(155)
Net loss available to common stockholders, diluted:(78)(412)(56)(94)(223)(284)(70)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss:(78)(412)(56)(94)(223)(284)(70)
Comprehensive loss:(78)(412)(56)(94)(223)(284)(70)
Other undisclosed comprehensive loss, net of tax, attributable to parent      (1)
Comprehensive loss, net of tax, attributable to parent:(78)(412)(56)(94)(223)(284)(71)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: