2019 Q4 Form 10-Q Financial Statement

#000150999119000107 Filed on November 04, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q3
Revenue $449.7M $357.0M $242.8M
YoY Change 49.2% 47.03% 60.56%
Cost Of Revenue $136.3M $95.50M $55.10M
YoY Change 86.46% 73.32% 40.56%
Gross Profit $313.4M $261.5M $187.8M
YoY Change 37.22% 39.24% 67.53%
Gross Profit Margin 69.69% 73.24% 77.34%
Selling, General & Admin $21.30M $24.70M $26.00M
YoY Change -38.26% -5.0% 30.0%
% of Gross Profit 6.8% 9.45% 13.84%
Research & Development $97.90M $22.80M $148.2M
YoY Change 79.3% -84.62% 300.54%
% of Gross Profit 31.24% 8.72% 78.91%
Depreciation & Amortization $149.9M $149.0M $82.40M
YoY Change 21.38% 80.83% 8.28%
% of Gross Profit 47.83% 56.98% 43.88%
Operating Expenses $261.0M $218.5M $253.5M
YoY Change 32.35% -13.81% 91.61%
Operating Profit $52.40M $43.00M -$65.70M
YoY Change 67.95% -165.45% 225.25%
Interest Expense -$65.20M -$3.400M -$56.00M
YoY Change -126.3% -93.93% 25.28%
% of Operating Profit -124.43% -7.91%
Other Income/Expense, Net $0.00 -$11.47M $12.81M
YoY Change -100.0% -189.58% -5596.57%
Pretax Income -$2.300M $39.54M -$114.7M
YoY Change -100.8% -134.47% 76.67%
Income Tax $33.50M $23.47M $11.36M
% Of Pretax Income 59.37%
Net Earnings -$35.77M $16.07M -$126.1M
YoY Change -119.28% -112.74% 98.81%
Net Earnings / Revenue -7.95% 4.5% -51.91%
Basic Earnings Per Share -$0.09 $0.04 -$0.31
Diluted Earnings Per Share -$0.09 $0.04 -$0.31
COMMON SHARES
Basic Shares Outstanding 401.5M shares 401.5M shares 404.5M shares
Diluted Shares Outstanding 411.0M shares 404.5M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $224.5M $203.6M $192.6M
YoY Change 29.39% 5.71% 17.3%
Cash & Equivalents $224.5M $203.6M $192.6M
Short-Term Investments
Other Short-Term Assets $53.40M $77.10M $105.7M
YoY Change -52.02% -27.06% 29.69%
Inventory $114.4M $140.2M $90.00M
Prepaid Expenses
Receivables $64.14M $54.61M $131.5M
Other Receivables $28.73M $20.02M $15.75M
Total Short-Term Assets $566.6M $550.0M $640.8M
YoY Change 11.15% -14.16% 36.58%
LONG-TERM ASSETS
Property, Plant & Equipment $3.642B $3.799B $3.510B
YoY Change 5.28% 8.25% 55.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $0.00 $88.65M
YoY Change -100.0% -100.0% -27.73%
Other Assets $86.00M $88.20M $76.00M
YoY Change 63.5% 16.05% -35.48%
Total Long-Term Assets $3.751B $3.918B $3.689B
YoY Change 4.81% 6.22% 47.47%
TOTAL ASSETS
Total Short-Term Assets $566.6M $550.0M $640.8M
Total Long-Term Assets $3.751B $3.918B $3.689B
Total Assets $4.317B $4.468B $4.329B
YoY Change 5.6% 3.21% 45.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $149.5M $171.5M $153.9M
YoY Change -15.33% 11.42% 53.46%
Accrued Expenses $380.7M $292.4M $262.3M
YoY Change 94.64% 11.48% 50.92%
Deferred Revenue $32.48M $33.72M
YoY Change 33.24%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $539.1M $472.4M $628.4M
YoY Change 40.28% -24.83% 121.97%
LONG-TERM LIABILITIES
Long-Term Debt $2.008B $2.106B $2.095B
YoY Change -5.3% 0.56% 93.88%
Other Long-Term Liabilities $33.14M $32.62M $9.277M
YoY Change 261.8% 251.61% -6.02%
Total Long-Term Liabilities $2.936B $3.105B $2.766B
YoY Change 6.3% 12.25% 64.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $539.1M $472.4M $628.4M
Total Long-Term Liabilities $2.936B $3.105B $2.766B
Total Liabilities $3.476B $3.577B $3.395B
YoY Change 10.45% 5.38% 73.08%
SHAREHOLDERS EQUITY
Retained Earnings -$1.223B -$1.187B -$1.353B
YoY Change 4.78% -12.24% 42.23%
Common Stock $2.302B $2.315B $2.336B
YoY Change -1.88% -0.91% 16.32%
Preferred Stock
YoY Change
Treasury Stock (at cost) $237.0M $237.0M $48.71M
YoY Change 0.0% 386.6% 1.06%
Treasury Stock Shares 44.26M shares 44.26M shares 9.263M shares
Shareholders Equity $841.7M $891.0M $934.9M
YoY Change
Total Liabilities & Shareholders Equity $4.317B $4.468B $4.329B
YoY Change 5.6% 3.21% 45.75%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income -$35.77M $16.07M -$126.1M
YoY Change -119.28% -112.74% 98.81%
Depreciation, Depletion And Amortization $149.9M $149.0M $82.40M
YoY Change 21.38% 80.83% 8.28%
Cash From Operating Activities $227.9M $177.9M $89.80M
YoY Change 33.82% 98.11% -19.75%
INVESTING ACTIVITIES
Capital Expenditures -$103.1M -$90.40M -$1.019B
YoY Change 49.64% -91.13% 1654.04%
Acquisitions
YoY Change
Other Investing Activities $7.700M -$13.60M $76.30M
YoY Change -81.71% -117.82%
Cash From Investing Activities -$95.40M -$104.0M -$942.8M
YoY Change 255.97% -88.97% 1522.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -118.2M -43.60M 914.0M
YoY Change -28.49% -104.77% -1920.72%
NET CHANGE
Cash From Operating Activities 227.9M 177.9M 89.80M
Cash From Investing Activities -95.40M -104.0M -942.8M
Cash From Financing Activities -118.2M -43.60M 914.0M
Net Change In Cash 14.30M 30.30M 61.00M
YoY Change -165.6% -50.33% 1594.44%
FREE CASH FLOW
Cash From Operating Activities $227.9M $177.9M $89.80M
Capital Expenditures -$103.1M -$90.40M -$1.019B
Free Cash Flow $331.0M $268.3M $1.109B
YoY Change 38.38% -75.8% 552.29%

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11364000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
47398000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-58329000 USD
CY2019Q3 us-gaap Net Income Loss
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16065000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.31
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.31
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
401466000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
404536000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
401319000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
399026000 shares
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8392000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
891030000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
410992000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
404536000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
401319000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
399026000 shares
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.0452
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2019Q1 us-gaap Dividends
Dividends
18744000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8744000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2019Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1979000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
876593000 USD
CY2019Q2 us-gaap Dividends
Dividends
18740000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9525000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
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CY2019Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
4000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
16837000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2019Q3 us-gaap Dividends
Dividends
18753000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9507000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
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CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
16065000 USD
CY2018Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
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CY2018Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
11874000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9821000 USD
CY2018Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2018Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
5821000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2018Q3 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
307944000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8915000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
-126057000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
NetIncomeLoss
-20004000 USD
us-gaap Net Income Loss
NetIncomeLoss
-279556000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
423160000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
215676000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-69840000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-84095000 USD
us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
7361000 USD
us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
114948000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-34003000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-232057000 USD
kos Cash Settlements On Derivatives
CashSettlementsOnDerivatives
-24701000 USD
kos Cash Settlements On Derivatives
CashSettlementsOnDerivatives
-102705000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
27382000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
25975000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
7666000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-24794000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4324000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
5235000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-9600000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1237000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-12886000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-59318000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
51943000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3978000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-23512000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
9732000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-61909000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-15178000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
65975000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-73569000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
400276000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
90247000 USD
us-gaap Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
240642000 USD
us-gaap Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
149305000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
8291000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
3560000 USD
us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
0 USD
us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
961764000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
142628000 USD
us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
0 USD
us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
13703000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
19565000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-268498000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-958298000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
175000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1000000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
325000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
175000000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
641875000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
535338000 USD
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 USD
kos Payments For Repurchase Of Common Stock Used To Cover Employee Taxes
PaymentsForRepurchaseOfCommonStockUsedToCoverEmployeeTaxes
1983000 USD
kos Payments For Repurchase Of Common Stock Used To Cover Employee Taxes
PaymentsForRepurchaseOfCommonStockUsedToCoverEmployeeTaxes
17695000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
54447000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2443000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
36745000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-102336000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
770560000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
29442000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-97491000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
185616000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
304986000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
215058000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
207495000 USD
us-gaap Interest Paid Net
InterestPaidNet
78691000 USD
us-gaap Interest Paid Net
InterestPaidNet
86981000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
27768000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
25601000 USD
us-gaap Stock Issued1
StockIssued1
0 USD
us-gaap Stock Issued1
StockIssued1
307944000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
185616000 USD
us-gaap Nature Of Operations
NatureOfOperations
Organization<div style="line-height:120%;text-indent:84px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Kosmos Energy Ltd. changed its jurisdiction of incorporation from Bermuda to the State of Delaware, in the United States of America, (the "Redomestication") in December 2018. As a holding company, Kosmos Energy Ltd.’s management operations are conducted through a wholly-owned subsidiary, Kosmos Energy, LLC. The terms “Kosmos,” the “Company,” “we,” “us,” “our,” “ours,” and similar terms refer to Kosmos Energy Ltd. and its wholly-owned subsidiaries, unless the context indicates otherwise. </span></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Kosmos is </span><span style="font-family:inherit;font-size:10pt;">a full-cycle deepwater independent oil and gas exploration and production company focused along the Atlantic Margins. Our key assets include production offshore Ghana, Equatorial Guinea and U.S. Gulf of Mexico, as well as a world-class gas development offshore Mauritania and Senegal. We also maintain a sustainable exploration program balanced between proven basin infrastructure-led exploration (Equatorial Guinea and U.S. Gulf of Mexico), emerging basins (Mauritania, Senegal and Suriname) and frontier basins (Cote d'Ivoire, Namibia, Sao Tome and Principe, and South Africa). </span><span style="font-family:inherit;font-size:10pt;">Kosmos is listed on the New York Stock Exchange and London Stock Exchange and is traded under the ticker symbol KOS.</span></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Kosmos is engaged in a single line of business, which is the exploration, development, and production of oil and natural gas. Substantially all of our long-lived assets and all of our product sales are related to operations in </span><span style="font-family:inherit;font-size:10pt;"><span>four</span></span><span style="font-family:inherit;font-size:10pt;"> geographic areas: Ghana, Equatorial Guinea, Mauritania/Senegal and U.S. Gulf of Mexico. In addition, we have exploration activities in other countries in the Atlantic Margins.</span></div>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</span></div><div style="line-height:120%;text-align:justify;text-indent:84px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain prior period amounts have been reclassified to conform with the current presentation. Such reclassifications had no significant impact on our reported net </span><span style="font-family:inherit;font-size:10pt;">income (loss)</span><span style="font-family:inherit;font-size:10pt;">, current assets, total assets, current liabilities, total liabilities, stockholders’ equity or cash flows. Additionally, as a result of our outstanding shares in KTIPI being transferred for an undivided interest in the Ceiba Field and Okume Complex (effective January 1, 2019), our previously reported equity method investment in KTIPI has been allocated to the respective assets and liabilities on a relative fair value basis. See Note 7 — Equity Method Investments for additional information. </span></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
203646000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
173515000 USD
CY2019Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
7745000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
4527000 USD
CY2019Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
3667000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
7574000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
215058000 USD
CY2019Q3 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
123600000 USD
CY2018Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
83400000 USD
CY2019Q3 us-gaap Energy Related Inventory Petroleum
EnergyRelatedInventoryPetroleum
16600000 USD
CY2018Q4 us-gaap Energy Related Inventory Petroleum
EnergyRelatedInventoryPetroleum
1400000 USD
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Concentration of Credit Risk</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>Our revenue can be materially affected by current economic conditions and the price of oil. However, based on the current demand for crude oil and the fact that alternative purchasers are readily available, we believe that the loss of our marketing agent and/or any of the purchasers identified by our marketing agent would not have a long‑term material adverse effect on our financial position or results of international operations. For our U.S. Gulf of Mexico operations, crude oil and natural gas are transported to customers using third-party pipelines.
CY2018Q4 kos Number Of Companies In Alliance
NumberOfCompaniesInAlliance
2 company
CY2019Q3 us-gaap Proved Oil And Gas Property Successful Effort Method
ProvedOilAndGasPropertySuccessfulEffortMethod
4827304000 USD
CY2018Q4 us-gaap Proved Oil And Gas Property Successful Effort Method
ProvedOilAndGasPropertySuccessfulEffortMethod
4236489000 USD
CY2019Q3 us-gaap Unproved Oil And Gas Property Successful Effort Method
UnprovedOilAndGasPropertySuccessfulEffortMethod
898855000 USD
CY2018Q4 us-gaap Unproved Oil And Gas Property Successful Effort Method
UnprovedOilAndGasPropertySuccessfulEffortMethod
759472000 USD
CY2019Q3 us-gaap Oil And Gas Property Successful Effort Method Gross
OilAndGasPropertySuccessfulEffortMethodGross
5726159000 USD
CY2018Q4 us-gaap Oil And Gas Property Successful Effort Method Gross
OilAndGasPropertySuccessfulEffortMethodGross
4995961000 USD
CY2019Q3 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
1945170000 USD
CY2018Q4 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
1551097000 USD
CY2019Q3 us-gaap Oil And Gas Property Successful Effort Method Net
OilAndGasPropertySuccessfulEffortMethodNet
3780989000 USD
CY2019Q3 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
412198000 USD
CY2018Q4 us-gaap Oil And Gas Property Successful Effort Method Net
OilAndGasPropertySuccessfulEffortMethodNet
3444864000 USD
CY2019Q3 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
59515000 USD
CY2018Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
51987000 USD
CY2019Q3 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
41468000 USD
CY2018Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
37150000 USD
CY2019Q3 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
18047000 USD
CY2018Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
14837000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3799036000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3459701000 USD
CY2019Q3 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
139100000 USD
CY2018Q3 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
76800000 USD
us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
394100000 USD
us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
199700000 USD
kos Capitalized Exploratory Well Cost Expensed In Same Period
CapitalizedExploratoryWellCostExpensedInSamePeriod
1400000 USD
CY2018Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
367665000 USD
us-gaap Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves
CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves
55244000 USD
us-gaap Reclassification To Well Facilities And Equipment Based On Determination Of Proved Reserves
ReclassificationToWellFacilitiesAndEquipmentBasedOnDeterminationOfProvedReserves
10711000 USD
us-gaap Capitalized Exploratory Well Cost Charged To Expense1
CapitalizedExploratoryWellCostChargedToExpense1
0 USD
CY2019Q3 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
412198000 USD
CY2019Q3 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Of One Year Or Less
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodOfOneYearOrLess
0 USD
CY2018Q4 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Of One Year Or Less
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodOfOneYearOrLess
0 USD
CY2019Q3 kos Capitalized Exploratory Well Costs Greater Than Or Equal To One Year And Less Than Three Years
CapitalizedExploratoryWellCostsGreaterThanOrEqualToOneYearAndLessThanThreeYears
77995000 USD
CY2018Q4 kos Capitalized Exploratory Well Costs Greater Than Or Equal To One Year And Less Than Three Years
CapitalizedExploratoryWellCostsGreaterThanOrEqualToOneYearAndLessThanThreeYears
299253000 USD
CY2019Q3 kos Capitalizedexploratorywellcostsgreaterthanorequaltothreeyearsandlessthanfouryears
Capitalizedexploratorywellcostsgreaterthanorequaltothreeyearsandlessthanfouryears
334203000 USD
CY2018Q4 kos Capitalizedexploratorywellcostsgreaterthanorequaltothreeyearsandlessthanfouryears
Capitalizedexploratorywellcostsgreaterthanorequaltothreeyearsandlessthanfouryears
68412000 USD
CY2018Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
367665000 USD
CY2019Q3 us-gaap Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
3 project
CY2018Q4 us-gaap Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
3 project
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
51896000 USD
CY2019Q3 us-gaap Debt Instrument Carrying Amount
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2150000000 USD
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2175000000 USD
CY2019Q3 kos Debt Instrument Unamortized Issuance Costs And Discounts
DebtInstrumentUnamortizedIssuanceCostsAndDiscounts
43798000 USD
CY2018Q4 kos Debt Instrument Unamortized Issuance Costs And Discounts
DebtInstrumentUnamortizedIssuanceCostsAndDiscounts
54453000 USD
CY2019Q3 us-gaap Long Term Debt
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CY2018Q4 us-gaap Long Term Debt
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us-gaap Interest Costs Capitalized Adjustment
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21209000 USD
CY2019Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2150000000 USD
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0 USD
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
274800000 USD
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
284200000 USD
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
271600000 USD
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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1319400000 USD
CY2019Q3 us-gaap Interest Costs Incurred
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34944000 USD
CY2018Q3 us-gaap Interest Costs Incurred
InterestCostsIncurred
27317000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
111566000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
77121000 USD
CY2019Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2285000 USD
CY2018Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2346000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
6974000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
7069000 USD
CY2019Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2018Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-268000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-24794000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2019Q3 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
7077000 USD
CY2018Q3 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
7097000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
21330000 USD
CY2019Q3 kos Deferred Interest
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290000 USD
CY2018Q3 kos Deferred Interest
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kos Deferred Interest
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1559000 USD
kos Deferred Interest
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CY2019Q3 us-gaap Other Nonoperating Income
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CY2018Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
788000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
2215000 USD
us-gaap Other Nonoperating Income
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2579000 USD
CY2019Q3 kos Interest And Other Financing Costs Other Net
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1251000 USD
CY2018Q3 kos Interest And Other Financing Costs Other Net
InterestAndOtherFinancingCostsOtherNet
1697000 USD
kos Interest And Other Financing Costs Other Net
InterestAndOtherFinancingCostsOtherNet
4217000 USD
kos Interest And Other Financing Costs Other Net
InterestAndOtherFinancingCostsOtherNet
4671000 USD
CY2019Q3 kos Interest Expense Income Net
InterestExpenseIncomeNet
30721000 USD
CY2018Q3 kos Interest Expense Income Net
InterestExpenseIncomeNet
23549000 USD
kos Interest Expense Income Net
InterestExpenseIncomeNet
125565000 USD
kos Interest Expense Income Net
InterestExpenseIncomeNet
68113000 USD
CY2019Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
31683000 USD
CY2018Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-54267000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-34003000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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-232057000 USD
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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0 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
410992000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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404536000 shares
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
27394000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
39535000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.59
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.10
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
1.73
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.17
CY2019Q3 us-gaap Unrecognized Tax Benefits
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0 USD
CY2019Q3 us-gaap Net Income Loss
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16065000 USD
CY2018Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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-20004000 USD
us-gaap Net Income Loss
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CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
401466000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
404536000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
401319000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
399026000 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
9526000 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
401319000 shares
us-gaap Short Term Lease Cost
ShortTermLeaseCost
1547000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
2239000 USD
us-gaap Lease Cost
LeaseCost
5835000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
399026000 shares
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.31
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.70
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.31
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.70
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
700000 shares
CY2018Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
13100000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
15400000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
14500000 shares
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
1279000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
4288000 USD
CY2019Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
960000 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
20436000 USD
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1294000 USD
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
22480000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y1M6D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.098
us-gaap Operating Lease Payments
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3077000 USD
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8958000 USD
CY2019Q3 kos Accrual For All Other Taxes Current
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2060000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
483000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4098000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4148000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4199000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
4249000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
19480000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
36657000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
12883000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
23774000 USD
CY2019Q3 kos Accrued Exploration Development And Production Costs Current
AccruedExplorationDevelopmentAndProductionCostsCurrent
114833000 USD
CY2018Q4 kos Accrued Exploration Development And Production Costs Current
AccruedExplorationDevelopmentAndProductionCostsCurrent
92613000 USD
CY2019Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
33721000 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
24379000 USD
CY2019Q3 us-gaap Asset Retirement Obligation Current
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5844000 USD
CY2018Q4 us-gaap Asset Retirement Obligation Current
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6617000 USD
CY2019Q3 us-gaap Operating Lease Liability Current
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1294000 USD
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31913000 USD
CY2018Q4 kos Accrued General And Administrative Expenses Current
AccruedGeneralAndAdministrativeExpensesCurrent
39373000 USD
CY2019Q3 us-gaap Interest Payable Current
InterestPayableCurrent
27913000 USD
CY2018Q4 us-gaap Interest Payable Current
InterestPayableCurrent
18152000 USD
CY2019Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
69938000 USD
CY2019Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
290370000 USD
CY2018Q4 kos Accrual For All Other Taxes Current
AccrualForAllOtherTaxesCurrent
4613000 USD
CY2019Q3 kos Derivative Liability Settled Current
DerivativeLiabilitySettledCurrent
2975000 USD
CY2018Q4 kos Derivative Liability Settled Current
DerivativeLiabilitySettledCurrent
441000 USD
CY2019Q3 us-gaap Other Accrued Liabilities Current
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1928000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
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450000 USD
CY2019Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
292419000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
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195596000 USD
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
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kos Asset Retirement Obligation Business Combination
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us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
9706000 USD
us-gaap Asset Retirement Obligation Liabilities Settled
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4384000 USD
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
905000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
17795000 USD
CY2019Q3 kos Facilities Insurance Modifications Expenditures
FacilitiesInsuranceModificationsExpenditures
12600000 USD
CY2018Q3 kos Facilities Insurance Modifications Expenditures
FacilitiesInsuranceModificationsExpenditures
12300000 USD
kos Facilities Insurance Modifications Expenditures
FacilitiesInsuranceModificationsExpenditures
34800000 USD
kos Facilities Insurance Modifications Expenditures
FacilitiesInsuranceModificationsExpenditures
31500000 USD
kos Facilities Insurance Modifications Insurance Recoveries
FacilitiesInsuranceModificationsInsuranceRecoveries
40000000.0 USD
kos Facilities Insurance Modifications Insurance Recoveries
FacilitiesInsuranceModificationsInsuranceRecoveries
9700000 USD
CY2019Q3 us-gaap Inventory Write Down
InventoryWriteDown
1232000 USD
CY2018Q3 us-gaap Inventory Write Down
InventoryWriteDown
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us-gaap Inventory Write Down
InventoryWriteDown
1419000 USD
us-gaap Inventory Write Down
InventoryWriteDown
-26000 USD
CY2019Q3 kos Loss On Asset Retirement Obligation Liabilities Settled
LossOnAssetRetirementObligationLiabilitiesSettled
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CY2018Q3 kos Loss On Asset Retirement Obligation Liabilities Settled
LossOnAssetRetirementObligationLiabilitiesSettled
0 USD
kos Loss On Asset Retirement Obligation Liabilities Settled
LossOnAssetRetirementObligationLiabilitiesSettled
1167000 USD
kos Loss On Asset Retirement Obligation Liabilities Settled
LossOnAssetRetirementObligationLiabilitiesSettled
0 USD
CY2019Q3 kos Disputed Partner Charges And Related Expenses
DisputedPartnerChargesAndRelatedExpenses
1677000 USD
CY2018Q3 kos Disputed Partner Charges And Related Expenses
DisputedPartnerChargesAndRelatedExpenses
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kos Disputed Partner Charges And Related Expenses
DisputedPartnerChargesAndRelatedExpenses
1663000 USD
kos Disputed Partner Charges And Related Expenses
DisputedPartnerChargesAndRelatedExpenses
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CY2019Q3 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
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CY2018Q3 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
123000 USD
us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
-7549000 USD
us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
-1583000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-11472000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
12807000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-11798000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
8164000 USD
CY2018Q3 kos Payments For Tax Settlements
PaymentsForTaxSettlements
8700000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
CY2019Q3 us-gaap Revenues
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357036000 USD
CY2019Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
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CY2019Q3 kos Revenue And Other Income
RevenueAndOtherIncome
356970000 USD
CY2019Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
95540000 USD
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FacilitiesInsuranceModificationsExpenseIncome
12569000 USD
CY2019Q3 us-gaap Exploration Expense
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22773000 USD
CY2019Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24723000 USD
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ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
146653000 USD
CY2019Q3 kos Interest Expense Income Net
InterestExpenseIncomeNet
30721000 USD
CY2019Q3 kos Gain Loss On Commodity Derivative Instruments Net Pretax
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27016000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
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CY2019Q3 us-gaap Costs And Expenses
CostsAndExpenses
317435000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
39535000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23470000 USD
CY2019Q3 us-gaap Net Income Loss
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16065000 USD
CY2019Q3 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
107393000 USD
us-gaap Revenues
Revenues
1049759000 USD
us-gaap Other Operating Income Expense Net
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kos Revenue And Other Income
RevenueAndOtherIncome
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us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
266316000 USD
kos Facilities Insurance Modifications Expense Income
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us-gaap Exploration Expense
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83022000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
88703000 USD
CY2018Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
25963000 USD
CY2018Q3 us-gaap Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
80041000 USD
CY2018Q3 kos Interest Expense Income Net
InterestExpenseIncomeNet
23549000 USD
CY2018Q3 us-gaap Exploration Expense
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148238000 USD
us-gaap Results Of Operations Depreciation Depletion Amortization And Accretion
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416186000 USD
kos Interest Expense Income Net
InterestExpenseIncomeNet
125565000 USD
kos Gain Loss On Commodity Derivative Instruments Net Pretax
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-35884000 USD
us-gaap Other Nonoperating Income Expense
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us-gaap Costs And Expenses
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1022300000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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27394000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
47398000 USD
us-gaap Net Income Loss
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-20004000 USD
us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
318306000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3799036000 USD
CY2019Q3 us-gaap Assets
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4468259000 USD
CY2018Q3 us-gaap Revenues
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242833000 USD
CY2018Q3 us-gaap Gain Loss On Disposition Of Assets1
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7666000 USD
CY2018Q3 us-gaap Other Operating Income Expense Net
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CY2018Q3 kos Revenue And Other Income
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250219000 USD
CY2018Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
55078000 USD
CY2018Q3 kos Facilities Insurance Modifications Expense Income
FacilitiesInsuranceModificationsExpenseIncome
12334000 USD
CY2018Q3 kos Gain Loss On Commodity Derivative Instruments Net Pretax
GainLossOnCommodityDerivativeInstrumentsNetPretax
-57357000 USD
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
24841000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
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12807000 USD
CY2018Q3 us-gaap Costs And Expenses
CostsAndExpenses
364912000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-114693000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11364000 USD
CY2018Q3 us-gaap Net Income Loss
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CY2018Q3 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
109191000 USD
us-gaap Revenues
Revenues
585220000 USD
us-gaap Gain Loss On Disposition Of Assets1
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7666000 USD
us-gaap Other Operating Income Expense Net
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kos Revenue And Other Income
RevenueAndOtherIncome
592869000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
151661000 USD
kos Facilities Insurance Modifications Expense Income
FacilitiesInsuranceModificationsExpenseIncome
21812000 USD
us-gaap Exploration Expense
ExplorationExpense
246912000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
65343000 USD
us-gaap Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
208607000 USD
kos Interest Expense Income Net
InterestExpenseIncomeNet
68113000 USD
kos Gain Loss On Commodity Derivative Instruments Net Pretax
GainLossOnCommodityDerivativeInstrumentsNetPretax
-236107000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
59637000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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us-gaap Costs And Expenses
CostsAndExpenses
930754000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-337885000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-58329000 USD
us-gaap Net Income Loss
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us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
263993000 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3509537000 USD
CY2018Q3 us-gaap Assets
Assets
4329464000 USD
us-gaap Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
240642000 USD
us-gaap Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
149305000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
8291000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
3560000 USD
kos Increase Decrease In Capital Accruals
IncreaseDecreaseInCapitalAccruals
11083000 USD
kos Increase Decrease In Capital Accruals
IncreaseDecreaseInCapitalAccruals
13965000 USD
us-gaap Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
75661000 USD
us-gaap Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
131964000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
21330000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
21209000 USD
us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
0 USD
us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
13703000 USD
kos Other Capital Expenditure Expense
OtherCapitalExpenditureExpense
3959000 USD
kos Other Capital Expenditure Expense
OtherCapitalExpenditureExpense
111000 USD
us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
318306000 USD
us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
263993000 USD

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