2021 Q4 Form 10-Q Financial Statement

#000150999121000086 Filed on November 08, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $572.6M $198.9M $224.8M
YoY Change 108.81% -11.5% -37.04%
Cost Of Revenue $134.1M $50.32M $84.30M
YoY Change 29.1% -40.31% -11.73%
Gross Profit $438.4M $148.6M $140.5M
YoY Change 157.44% 5.78% -46.27%
Gross Profit Margin 76.57% 74.71% 62.5%
Selling, General & Admin $24.90M $22.46M $18.30M
YoY Change 68.25% 22.73% -25.91%
% of Gross Profit 5.68% 15.11% 13.02%
Research & Development $23.93M $23.98M $14.00M
YoY Change 132.33% 71.3% -38.6%
% of Gross Profit 5.46% 16.14% 9.96%
Depreciation & Amortization $177.4M $67.51M $113.5M
YoY Change 9.44% -40.52% -23.83%
% of Gross Profit 40.46% 45.43% 80.78%
Operating Expenses $216.1M $112.9M $148.3M
YoY Change 14.56% -23.9% -32.13%
Operating Profit $222.4M $35.77M -$7.800M
YoY Change -1315.05% -558.56% -118.14%
Interest Expense -$53.50M -$65.70M -$27.00M
YoY Change -31.59% 143.32% 694.12%
% of Operating Profit -24.06% -183.68%
Other Income/Expense, Net $52.00K -$194.0K -$2.805M
YoY Change -93.08% -75.55%
Pretax Income $155.8M -$27.98M -$36.49M
YoY Change -1055.76% -23.34% -192.3%
Income Tax $57.07M $621.0K $892.0K
% Of Pretax Income 36.63%
Net Earnings $98.72M -$28.60M -$37.38M
YoY Change 1140.77% -23.5% -332.7%
Net Earnings / Revenue 17.24% -14.37% -16.63%
Basic Earnings Per Share -$0.07 -$0.09
Diluted Earnings Per Share $222.5K -$0.07 -$0.09
COMMON SHARES
Basic Shares Outstanding 451.9M shares 408.5M shares 405.4M shares
Diluted Shares Outstanding 408.5M shares 405.4M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $131.6M $111.3M $300.8M
YoY Change -11.66% -62.99% 47.74%
Cash & Equivalents $131.6M $111.3M $300.8M
Short-Term Investments
Other Short-Term Assets $67.56M $75.79M $64.10M
YoY Change 55.31% 18.23% -16.86%
Inventory $165.2M $153.0M $142.2M
Prepaid Expenses
Receivables $134.0M $31.74M $29.23M
Other Receivables $6.614M $17.97M $19.63M
Total Short-Term Assets $542.0M $415.9M $592.5M
YoY Change 35.39% -29.8% 7.72%
LONG-TERM ASSETS
Property, Plant & Equipment $4.184B $3.443B $3.366B
YoY Change 25.99% 2.28% -11.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.026M $0.00 $7.100M
YoY Change 2.6% -100.0%
Other Assets $4.958M $23.61M $109.3M
YoY Change -96.05% -78.4% 23.92%
Total Long-Term Assets $4.399B $3.738B $3.501B
YoY Change 26.86% 6.76% -10.65%
TOTAL ASSETS
Total Short-Term Assets $542.0M $415.9M $592.5M
Total Long-Term Assets $4.399B $3.738B $3.501B
Total Assets $4.941B $4.154B $4.094B
YoY Change 27.74% 1.47% -8.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $184.4M $143.2M $184.1M
YoY Change -16.72% -22.23% 7.34%
Accrued Expenses $250.7M $180.7M $186.6M
YoY Change 23.32% -3.16% -36.18%
Deferred Revenue $31.99M $20.74M $24.44M
YoY Change 112.12% -15.13% -27.54%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $30.00M $30.00M $169.9M
YoY Change 300.0% -82.34%
Total Short-Term Liabilities $531.0M $461.7M $565.2M
YoY Change 15.37% -18.31% 19.65%
LONG-TERM LIABILITIES
Long-Term Debt $2.590B $2.368B $2.191B
YoY Change 23.13% 8.07% 4.05%
Other Long-Term Liabilities $250.4M $244.8M $33.29M
YoY Change 568.52% 635.27% 2.06%
Total Long-Term Liabilities $3.880B $3.405B $3.103B
YoY Change 30.78% 9.75% -0.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $531.0M $461.7M $565.2M
Total Long-Term Liabilities $3.880B $3.405B $3.103B
Total Liabilities $4.411B $3.867B $3.668B
YoY Change 28.71% 5.43% 2.54%
SHAREHOLDERS EQUITY
Retained Earnings -$1.712B -$1.811B -$1.643B
YoY Change 4.76% 10.26% 38.35%
Common Stock $2.479B $2.335B $2.305B
YoY Change 7.22% 1.29% -0.44%
Preferred Stock
YoY Change
Treasury Stock (at cost) $237.0M $237.0M $237.0M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 44.26M shares 44.26M shares 44.26M shares
Shareholders Equity $529.2M $286.8M $425.6M
YoY Change
Total Liabilities & Shareholders Equity $4.941B $4.154B $4.094B
YoY Change 27.74% 1.47% -8.39%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $98.72M -$28.60M -$37.38M
YoY Change 1140.77% -23.5% -332.7%
Depreciation, Depletion And Amortization $177.4M $67.51M $113.5M
YoY Change 9.44% -40.52% -23.83%
Cash From Operating Activities $230.5M -$98.41M $83.50M
YoY Change 31.42% -217.86% -53.06%
INVESTING ACTIVITIES
Capital Expenditures -$560.1M -$87.31M -$80.50M
YoY Change 245.13% 8.46% -10.95%
Acquisitions
YoY Change
Other Investing Activities $1.006M -$2.136M -$11.30M
YoY Change -98.83% -81.1% -16.91%
Cash From Investing Activities -$559.1M -$89.45M -$91.70M
YoY Change 630.9% -2.46% -11.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 348.7M 149.6M 145.6M
YoY Change -238.7% 2.77% -433.94%
NET CHANGE
Cash From Operating Activities 230.5M -98.41M 83.50M
Cash From Investing Activities -559.1M -89.45M -91.70M
Cash From Financing Activities 348.7M 149.6M 145.6M
Net Change In Cash 20.05M -38.22M 137.4M
YoY Change -113.15% -127.82% 353.47%
FREE CASH FLOW
Cash From Operating Activities $230.5M -$98.41M $83.50M
Capital Expenditures -$560.1M -$87.31M -$80.50M
Free Cash Flow $790.7M -$11.10M $164.0M
YoY Change 134.13% -106.77% -38.87%

Facts In Submission

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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q3 kos Tax Withholdings For Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Used To Cover Employee Taxes
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Depreciation Depletion And Amortization
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us-gaap Depreciation Depletion And Amortization
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us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Exploration Abandonment And Impairment Expense
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us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
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us-gaap Impairment Of Long Lived Assets Held For Use
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us-gaap Impairment Of Long Lived Assets Held For Use
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us-gaap Unrealized Gain Loss On Derivatives
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us-gaap Unrealized Gain Loss On Derivatives
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kos Cash Settlements On Commodity Derivatives Net
CashSettlementsOnCommodityDerivativesNet
-142900000 USD
kos Cash Settlements On Commodity Derivatives Net
CashSettlementsOnCommodityDerivativesNet
22800000 USD
kos Cash Settlements On Derivatives Net
CashSettlementsOnDerivativesNet
-150255000 USD
kos Cash Settlements On Derivatives Net
CashSettlementsOnDerivativesNet
16904000 USD
us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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26392000 USD
us-gaap Gain Loss On Sale Of Property
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1564000 USD
us-gaap Gain Loss On Sale Of Property
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0 USD
us-gaap Gains Losses On Extinguishment Of Debt
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-15223000 USD
us-gaap Gains Losses On Extinguishment Of Debt
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-2893000 USD
us-gaap Other Noncash Income Expense
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2763000 USD
us-gaap Other Noncash Income Expense
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us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-1537000 USD
us-gaap Increase Decrease In Receivables
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us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
24280000 USD
us-gaap Increase Decrease In Inventories
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30848000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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4800000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-3253000 USD
us-gaap Increase Decrease In Accounts Payable
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-35545000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2631000 USD
us-gaap Increase Decrease In Accrued Liabilities
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-9270000 USD
us-gaap Increase Decrease In Accrued Liabilities
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-150381000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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143841000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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20657000 USD
us-gaap Payments To Acquire Oil And Gas Property And Equipment
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us-gaap Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
215425000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
725000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
1838000 USD
us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
5327000 USD
us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
1713000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
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us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-414235000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-269124000 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
250000000 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
300000000 USD
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
400000000 USD
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
0 USD
kos Proceeds From Advances Under Production Prepayment Agreement
ProceedsFromAdvancesUnderProductionPrepaymentAgreement
0 USD
kos Proceeds From Advances Under Production Prepayment Agreement
ProceedsFromAdvancesUnderProductionPrepaymentAgreement
50000000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
444375000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
kos Payments For Tax Withholdings On Restricted Stock Units
PaymentsForTaxWithholdingsOnRestrictedStockUnits
1100000 USD
kos Payments For Tax Withholdings On Restricted Stock Units
PaymentsForTaxWithholdingsOnRestrictedStockUnits
4947000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
512000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
19174000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
17291000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4570000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
275472000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
321309000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5078000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
72842000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
149764000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
229346000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
154842000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
302188000 USD
us-gaap Interest Paid Net
InterestPaidNet
61046000 USD
us-gaap Interest Paid Net
InterestPaidNet
101908000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
67581000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
68330000 USD
kos Production Prepayment Agreement Exchanged For Term Loan
ProductionPrepaymentAgreementExchangedForTermLoan
0 USD
kos Production Prepayment Agreement Exchanged For Term Loan
ProductionPrepaymentAgreementExchangedForTermLoan
50000000 USD
us-gaap Nature Of Operations
NatureOfOperations
Organization<div style="text-indent:63pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Kosmos Energy Ltd. was originally incorporated pursuant to the laws of Bermuda in January 2011 to become a holding company for Kosmos Energy Holdings. Kosmos Energy Ltd. changed its jurisdiction of incorporation from Bermuda to the State of Delaware in December 2018 and transferred all of our equity interests in Kosmos Energy Holdings to a new, wholly-owned subsidiary, Kosmos Energy Delaware Holdings, LLC, a Delaware limited liability company. 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="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Kosmos is 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 proven basin exploration program in Equatorial Guinea, Ghana and U.S. Gulf of Mexico. 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="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 four geographic areas: Ghana, Equatorial Guinea, Mauritania/Senegal and U.S. Gulf of Mexico.</span></div>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span></div><div style="text-align:justify;text-indent:63pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div>Certain prior period amounts have been reclassified to conform with the current presentation. Such reclassifications had no significant impact on our reported net loss, current assets, total assets, current liabilities, total liabilities, stockholders’ equity or cash flows.
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
111329000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
149027000 USD
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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43208000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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195000 USD
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
305000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
542000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
154842000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
149764000 USD
CY2021Q3 us-gaap Inventory Supplies Net Of Reserves
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127900000 USD
CY2020Q4 us-gaap Inventory Supplies Net Of Reserves
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127500000 USD
CY2021Q3 us-gaap Energy Related Inventory Petroleum
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25100000 USD
CY2020Q4 us-gaap Energy Related Inventory Petroleum
EnergyRelatedInventoryPetroleum
1500000 USD
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our revenue can be materially affected by current economic conditions and the price of oil and natural gas. However, based on the current demand for crude oil and natural gas and the fact that alternative purchasers are available, we believe that the loss of our marketing agents and/or any of the purchasers identified by our marketing agents would not have a long‑term material adverse effect on our financial position or results of operations. The continued economic disruption resulting from the COVID-19 pandemic could materially impact the Company’s business in future periods. Any potential disruption will depend on the duration and intensity of these events, which are highly uncertain and cannot be predicted at this time.</span></div>
CY2021Q3 us-gaap Proved Oil And Gas Property Successful Effort Method
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CY2020Q4 us-gaap Proved Oil And Gas Property Successful Effort Method
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5369737000 USD
CY2021Q3 us-gaap Unproved Oil And Gas Property Successful Effort Method
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515499000 USD
CY2020Q4 us-gaap Unproved Oil And Gas Property Successful Effort Method
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495390000 USD
CY2021Q3 us-gaap Oil And Gas Property Successful Effort Method Gross
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6267219000 USD
CY2020Q4 us-gaap Oil And Gas Property Successful Effort Method Gross
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5865127000 USD
CY2021Q3 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
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2831835000 USD
CY2020Q4 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
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2554851000 USD
CY2021Q3 us-gaap Oil And Gas Property Successful Effort Method Net
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3435384000 USD
CY2020Q4 us-gaap Oil And Gas Property Successful Effort Method Net
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3310276000 USD
CY2021Q3 us-gaap Property Plant And Equipment Other
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58541000 USD
CY2020Q4 us-gaap Property Plant And Equipment Other
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59949000 USD
CY2021Q3 us-gaap Property Plant And Equipment Other Accumulated Depreciation
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51028000 USD
CY2020Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
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49312000 USD
CY2021Q3 us-gaap Property Plant And Equipment Other Net
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7513000 USD
CY2020Q4 us-gaap Property Plant And Equipment Other Net
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10637000 USD
CY2021Q3 us-gaap Property Plant And Equipment Net
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3442897000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
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3320913000 USD
CY2021Q3 us-gaap Depletion Of Oil And Gas Properties
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58800000 USD
CY2020Q3 us-gaap Depletion Of Oil And Gas Properties
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104900000 USD
us-gaap Depletion Of Oil And Gas Properties
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274600000 USD
us-gaap Depletion Of Oil And Gas Properties
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307800000 USD
CY2020Q3 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
CY2021Q3 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
CY2020Q4 kos Capitalized Exploratory Well Costs Greater Than Or Equal To One Year And Two Years
CapitalizedExploratoryWellCostsGreaterThanOrEqualToOneYearAndTwoYears
28692000 USD
us-gaap Impairment Of Long Lived Assets Held For Use
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150800000 USD
CY2020Q4 us-gaap Capitalized Exploratory Well Costs
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us-gaap Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves
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20257000 USD
us-gaap Reclassification To Well Facilities And Equipment Based On Determination Of Proved Reserves
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201000 USD
us-gaap Capitalized Exploratory Well Cost Charged To Expense1
CapitalizedExploratoryWellCostChargedToExpense1
0 USD
CY2021Q3 us-gaap Capitalized Exploratory Well Costs
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206345000 USD
CY2021Q3 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Of One Year Or Less
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodOfOneYearOrLess
11393000 USD
CY2020Q4 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Of One Year Or Less
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodOfOneYearOrLess
0 USD
CY2021Q3 kos Capitalized Exploratory Well Costs Greater Than Or Equal To One Year And Two Years
CapitalizedExploratoryWellCostsGreaterThanOrEqualToOneYearAndTwoYears
30684000 USD
CY2021Q3 kos Capitalized Exploratory Well Costs Greater Than Or Equal To Three Year And Five Years
CapitalizedExploratoryWellCostsGreaterThanOrEqualToThreeYearAndFiveYears
164268000 USD
CY2020Q4 kos Capitalized Exploratory Well Costs Greater Than Or Equal To Three Year And Five Years
CapitalizedExploratoryWellCostsGreaterThanOrEqualToThreeYearAndFiveYears
157597000 USD
CY2021Q3 us-gaap Capitalized Exploratory Well Costs
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206345000 USD
CY2020Q4 us-gaap Capitalized Exploratory Well Costs
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186289000 USD
CY2021Q3 us-gaap Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
3 project
CY2020Q4 us-gaap Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
3 project
CY2021Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2450000000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
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