$KOS
Kosmos Energy Ltd.

2023 Q3 Form 10-Q Financial Statement

#000150999123000071 Filed on August 07, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $526.3M $273.3M
YoY Change 15.41% -55.95%
Cost Of Revenue $138.8M $63.58M
YoY Change 122.54% -29.5%
Gross Profit $387.6M $209.7M
YoY Change -1.55% -60.45%
Gross Profit Margin 73.64% 76.73%
Selling, General & Admin $25.10M $23.44M
YoY Change 4.55% -4.79%
% of Gross Profit 6.48% 11.18%
Research & Development $10.30M $11.02M
YoY Change -40.17% -87.7%
% of Gross Profit 2.66% 5.25%
Depreciation & Amortization $134.8M $92.44M
YoY Change 23.79% -25.61%
% of Gross Profit 34.78% 44.09%
Operating Expenses $171.2M $127.1M
YoY Change 15.82% -45.13%
Operating Profit $216.4M $82.56M
YoY Change -11.99% -72.34%
Interest Expense -$70.40M -$26.73M
YoY Change -183.76% -74.44%
% of Operating Profit -32.53% -32.38%
Other Income/Expense, Net -$11.06M $60.00K
YoY Change -5171.1% -98.3%
Pretax Income $137.5M $53.18M
YoY Change -58.32% -72.61%
Income Tax $52.36M $29.84M
% Of Pretax Income 38.07% 56.1%
Net Earnings $85.19M $23.35M
YoY Change -61.67% -80.08%
Net Earnings / Revenue 16.18% 8.54%
Basic Earnings Per Share $0.19 $0.05
Diluted Earnings Per Share $0.18 $0.05
COMMON SHARES
Basic Shares Outstanding 460.1M shares 460.0M shares
Diluted Shares Outstanding 481.1M shares 479.0M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $138.7M $85.73M
YoY Change -40.1% -61.61%
Cash & Equivalents $138.7M $85.73M
Short-Term Investments
Other Short-Term Assets $49.50M $43.91M
YoY Change 40.19% 99.45%
Inventory $155.0M $191.4M
Prepaid Expenses
Receivables $71.70M $81.65M
Other Receivables $17.02M $16.85M
Total Short-Term Assets $461.8M $419.5M
YoY Change -15.7% -39.22%
LONG-TERM ASSETS
Property, Plant & Equipment $4.180B $4.078B
YoY Change 1.0% 1.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $700.0K $3.505M
YoY Change -91.9% 76.31%
Other Assets $29.60M $28.00M
YoY Change 17.86% 6.02%
Total Long-Term Assets $4.508B $4.388B
YoY Change 3.06% 3.47%
TOTAL ASSETS
Total Short-Term Assets $461.8M $419.5M
Total Long-Term Assets $4.508B $4.388B
Total Assets $4.969B $4.808B
YoY Change 0.98% -2.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $199.0M $263.8M
YoY Change -27.03% -8.01%
Accrued Expenses $338.8M $165.4M
YoY Change 34.34% -53.01%
Deferred Revenue $25.08M $20.68M
YoY Change 14.87% -49.01%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $15.00M
YoY Change -100.0% -50.0%
Total Short-Term Liabilities $564.4M $523.7M
YoY Change -4.73% -39.52%
LONG-TERM LIABILITIES
Long-Term Debt $2.389B $2.359B
YoY Change 4.98% 3.42%
Other Long-Term Liabilities $250.0M $561.9M
YoY Change -0.78% 120.92%
Total Long-Term Liabilities $3.405B $2.921B
YoY Change -0.88% -14.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $564.4M $523.7M
Total Long-Term Liabilities $3.405B $2.921B
Total Liabilities $3.970B $3.904B
YoY Change -1.44% -8.55%
SHAREHOLDERS EQUITY
Retained Earnings -$1.294B -$1.379B
YoY Change -5.66% -13.47%
Common Stock $2.531B $2.520B
YoY Change 1.14% 1.08%
Preferred Stock
YoY Change
Treasury Stock (at cost) $237.0M $237.0M
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $999.7M $903.9M
YoY Change
Total Liabilities & Shareholders Equity $4.969B $4.808B
YoY Change 0.98% -2.51%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $85.19M $23.35M
YoY Change -61.67% -80.08%
Depreciation, Depletion And Amortization $134.8M $92.44M
YoY Change 23.79% -25.61%
Cash From Operating Activities $249.4M $18.11M
YoY Change -2.22% -93.5%
INVESTING ACTIVITIES
Capital Expenditures $195.0M $193.2M
YoY Change -187.62% -182.85%
Acquisitions
YoY Change
Other Investing Activities -$13.30M -$17.62M
YoY Change -20.6% 60.85%
Cash From Investing Activities -$208.3M -$210.8M
YoY Change -12.96% -13.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 12.00M 150.0M
YoY Change -260.0% -172.09%
NET CHANGE
Cash From Operating Activities 249.4M 18.11M
Cash From Investing Activities -208.3M -210.8M
Cash From Financing Activities 12.00M 150.0M
Net Change In Cash 53.10M -42.70M
YoY Change 544.57% -75.41%
FREE CASH FLOW
Cash From Operating Activities $249.4M $18.11M
Capital Expenditures $195.0M $193.2M
Free Cash Flow $54.40M -$175.1M
YoY Change -88.61% -134.21%

Facts In Submission

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us-gaap Nature Of Operations
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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. is incorporated in the State of Delaware as a holding company for 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 offshore Atlantic Margins. Our key assets include production offshore Ghana, Equatorial Guinea and the U.S. Gulf of Mexico, as well as world-class gas projects offshore Mauritania and Senegal. We also pursue a proven basin exploration program in Equatorial Guinea and the U.S. Gulf of Mexico. Kosmos is listed on the NYSE and LSE 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 the U.S. Gulf of Mexico.</span></div>
us-gaap Number Of Reportable Segments
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CY2023Q2 us-gaap Energy Related Inventory Petroleum
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us-gaap Concentration Risk Credit Risk
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<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 readily available, we believe that the loss of our purchasers and/or marketing agents would not have a long‑term material adverse effect on our financial position or results of operations.</span></div>
CY2023Q2 us-gaap Proved Oil And Gas Property Successful Effort Method
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CY2022Q4 us-gaap Proved Oil And Gas Property Successful Effort Method
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CY2023Q2 us-gaap Unproved Oil And Gas Property Successful Effort Method
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CY2022Q4 us-gaap Unproved Oil And Gas Property Successful Effort Method
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341334000 usd
CY2023Q2 us-gaap Oil And Gas Property Successful Effort Method Gross
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7714295000 usd
CY2022Q4 us-gaap Oil And Gas Property Successful Effort Method Gross
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CY2023Q2 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
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3640896000 usd
CY2022Q4 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
3457332000 usd
CY2023Q2 us-gaap Oil And Gas Property Successful Effort Method Net
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4073399000 usd
CY2022Q4 us-gaap Oil And Gas Property Successful Effort Method Net
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3837437000 usd
CY2023Q2 us-gaap Property Plant And Equipment Other
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61478000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other
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60730000 usd
CY2023Q2 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
57056000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
55520000 usd
CY2023Q2 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
4422000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
5210000 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4077821000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
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3842647000 usd
CY2023Q2 us-gaap Depletion Of Oil And Gas Properties
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82000000 usd
CY2022Q2 us-gaap Depletion Of Oil And Gas Properties
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us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
183600000 usd
us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
266400000 usd
CY2022Q4 us-gaap Capitalized Exploratory Well Costs
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145957000 usd
us-gaap Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves
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5228000 usd
us-gaap Reclassification To Well Facilities And Equipment Based On Determination Of Proved Reserves
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0 usd
CY2023Q2 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Of One Year Or Less
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0 usd
CY2022Q4 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Of One Year Or Less
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0 usd
CY2023Q2 kos Capitalized Exploratory Well Costs Greater Than Or Equal To One Year And Less Than Four Years
CapitalizedExploratoryWellCostsGreaterThanOrEqualToOneYearAndLessThanFourYears
33248000 usd
CY2022Q4 kos Capitalized Exploratory Well Costs Greater Than Or Equal To One Year And Less Than Four Years
CapitalizedExploratoryWellCostsGreaterThanOrEqualToOneYearAndLessThanFourYears
32770000 usd
CY2023Q2 kos Capitalized Exploratory Well Costs Greater Than Or Equal To Four Years And Less Than Six Years
CapitalizedExploratoryWellCostsGreaterThanOrEqualToFourYearsAndLessThanSixYears
117937000 usd
CY2022Q4 kos Capitalized Exploratory Well Costs Greater Than Or Equal To Four Years And Less Than Six Years
CapitalizedExploratoryWellCostsGreaterThanOrEqualToFourYearsAndLessThanSixYears
113187000 usd
CY2023Q2 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
151185000 usd
CY2022Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
145957000 usd
CY2023Q2 us-gaap Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
2 project
CY2022Q4 us-gaap Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
2 project
CY2023Q2 us-gaap Debt Instrument Carrying Amount
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2412500000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2270000000 usd
CY2023Q2 kos Debt Instrument Unamortized Issuance Costs And Discounts
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38811000 usd
CY2022Q4 kos Debt Instrument Unamortized Issuance Costs And Discounts
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44089000 usd
CY2023Q2 us-gaap Long Term Debt
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CY2022Q4 us-gaap Long Term Debt
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CY2023Q2 us-gaap Long Term Debt Current
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CY2022Q4 us-gaap Long Term Debt Current
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CY2023Q2 us-gaap Long Term Debt Noncurrent
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2358689000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
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2195911000 usd
CY2023Q2 us-gaap Debt Instrument Carrying Amount
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2412500000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
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0 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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123047000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
334950000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
929282000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
575221000 usd
CY2023Q2 kos Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
450000000 usd
CY2023Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
51965000 usd
CY2022Q2 us-gaap Interest Costs Incurred
InterestCostsIncurred
43016000 usd
us-gaap Interest Costs Incurred
InterestCostsIncurred
100480000 usd
us-gaap Interest Costs Incurred
InterestCostsIncurred
86178000 usd
CY2023Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2530000 usd
CY2022Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2591000 usd
us-gaap Amortization Of Financing Costs
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5081000 usd
us-gaap Amortization Of Financing Costs
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5261000 usd
CY2023Q2 us-gaap Gains Losses On Extinguishment Of Debt
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CY2022Q2 us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Gains Losses On Extinguishment Of Debt
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0 usd
us-gaap Gains Losses On Extinguishment Of Debt
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CY2023Q2 us-gaap Interest Costs Capitalized Adjustment
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33688000 usd
CY2022Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
19187000 usd
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
63891000 usd
us-gaap Interest Costs Capitalized Adjustment
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35326000 usd
CY2023Q2 kos Deferred Interest
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670000 usd
CY2022Q2 kos Deferred Interest
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10000 usd
kos Deferred Interest
DeferredInterest
353000 usd
kos Deferred Interest
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CY2023Q2 us-gaap Other Nonoperating Income
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4445000 usd
CY2022Q2 us-gaap Other Nonoperating Income
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3344000 usd
us-gaap Other Nonoperating Income
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8586000 usd
us-gaap Other Nonoperating Income
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4884000 usd
CY2023Q2 kos Interest And Other Financing Costs Other Net
InterestAndOtherFinancingCostsOtherNet
7339000 usd
CY2022Q2 kos Interest And Other Financing Costs Other Net
InterestAndOtherFinancingCostsOtherNet
6296000 usd
kos Interest And Other Financing Costs Other Net
InterestAndOtherFinancingCostsOtherNet
15502000 usd
kos Interest And Other Financing Costs Other Net
InterestAndOtherFinancingCostsOtherNet
12540000 usd
CY2023Q2 kos Interest Expense Income Net
InterestExpenseIncomeNet
24371000 usd
CY2022Q2 kos Interest Expense Income Net
InterestExpenseIncomeNet
29382000 usd
kos Interest Expense Income Net
InterestExpenseIncomeNet
48939000 usd
kos Interest Expense Income Net
InterestExpenseIncomeNet
62521000 usd
CY2023Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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CY2022Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
220000 usd
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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CY2022Q2 us-gaap Impairment Of Long Lived Assets Held For Use
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CY2023Q2 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 Impairment Of Long Lived Assets Held For Use
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CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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53183000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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194151000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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192815000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
207004000 usd
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
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0.56
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Effective Income Tax Rate Continuing Operations
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0.45
us-gaap Effective Income Tax Rate Continuing Operations
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0.43
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2023Q2 us-gaap Net Income Loss
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23345000 usd
CY2022Q2 us-gaap Net Income Loss
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us-gaap Net Income Loss
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106654000 usd
us-gaap Net Income Loss
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118573000 usd
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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459984000 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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455512000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
459155000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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454811000 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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18660000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022Q2 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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478902000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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473471000 shares
CY2023Q2 us-gaap Earnings Per Share Basic
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CY2022Q2 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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CY2022Q2 us-gaap Earnings Per Share Diluted
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CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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100000 shares
CY2023Q2 kos Accrued Exploration Development And Production Costs Current
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CY2023Q2 us-gaap Contract With Customer Liability Current
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CY2023Q2 us-gaap Interest Payable Current
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CY2023Q2 us-gaap Accrued Income Taxes Current
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1510000 usd
CY2022Q4 kos Accrual For All Other Taxes Current
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1524000 usd
CY2023Q2 kos Derivative Liability Settled Current
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CY2022Q4 kos Derivative Liability Settled Current
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CY2022Q4 us-gaap Other Accrued Liabilities Current
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4833000 usd
CY2023Q2 us-gaap Accrued Liabilities Current
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243880000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
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325206000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
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302534000 usd
us-gaap Asset Retirement Obligation Liabilities Incurred
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6580000 usd
us-gaap Asset Retirement Obligation Liabilities Settled
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3342000 usd
us-gaap Asset Retirement Obligation Revision Of Estimate
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us-gaap Asset Retirement Obligation Accretion Expense
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14186000 usd
CY2023Q2 us-gaap Asset Retirement Obligation
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CY2023Q2 us-gaap Inventory Write Down
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CY2022Q2 us-gaap Inventory Write Down
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us-gaap Inventory Write Down
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2939000 usd
us-gaap Inventory Write Down
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285000 usd
CY2023Q2 kos Loss On Asset Retirement Obligation Liabilities Settled
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CY2022Q2 kos Loss On Asset Retirement Obligation Liabilities Settled
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238000 usd
kos Loss On Asset Retirement Obligation Liabilities Settled
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115000 usd
kos Loss On Asset Retirement Obligation Liabilities Settled
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620000 usd
CY2023Q2 us-gaap Restructuring Charges
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1102000 usd
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CY2023Q2 us-gaap Revenues
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CY2023Q2 kos Revenue And Other Income
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CY2023Q2 us-gaap Income Tax Expense Benefit
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kos Interest Expense Income Net
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us-gaap Income Tax Expense Benefit
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CY2023Q2 us-gaap Assets
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CY2022Q2 us-gaap Exploration Expense
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CY2022Q2 us-gaap General And Administrative Expense
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CY2022Q2 us-gaap Results Of Operations Depreciation Depletion Amortization And Accretion
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121679000 usd
CY2022Q2 kos Interest Expense Income Net
InterestExpenseIncomeNet
29382000 usd
CY2022Q2 kos Gain Loss On Commodity Derivative Instruments Net Pretax
GainLossOnCommodityDerivativeInstrumentsNetPretax
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CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3528000 usd
CY2022Q2 us-gaap Costs And Expenses
CostsAndExpenses
426731000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
194151000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
76978000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
117173000 usd
CY2022Q2 us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
248291000 usd
us-gaap Revenues
Revenues
1279383000 usd
us-gaap Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
471000 usd
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
95000 usd
kos Revenue And Other Income
RevenueAndOtherIncome
1279949000 usd
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
214892000 usd
kos Facilities Insurance Modifications Expense Income
FacilitiesInsuranceModificationsExpenseIncome
6752000 usd
us-gaap Exploration Expense
ExplorationExpense
101441000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
50417000 usd
us-gaap Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
280648000 usd
kos Interest Expense Income Net
InterestExpenseIncomeNet
62521000 usd
kos Gain Loss On Commodity Derivative Instruments Net Pretax
GainLossOnCommodityDerivativeInstrumentsNetPretax
-357376000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1102000 usd
us-gaap Costs And Expenses
CostsAndExpenses
1072945000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
207004000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
88431000 usd
us-gaap Net Income Loss
NetIncomeLoss
118573000 usd
us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
230611000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4032327000 usd
CY2022Q2 us-gaap Assets
Assets
4931190000 usd
us-gaap Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
416867000 usd
us-gaap Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
320787000 usd
us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
0 usd
us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
21205000 usd
kos Proceeds From Sale Of Oil And Gas Property And Equipment Including Amounts In Other Receivables
ProceedsFromSaleOfOilAndGasPropertyAndEquipmentIncludingAmountsInOtherReceivables
0 usd
kos Proceeds From Sale Of Oil And Gas Property And Equipment Including Amounts In Other Receivables
ProceedsFromSaleOfOilAndGasPropertyAndEquipmentIncludingAmountsInOtherReceivables
118693000 usd
kos Increase Decrease In Capital Accruals
IncreaseDecreaseInCapitalAccruals
1290000 usd
kos Increase Decrease In Capital Accruals
IncreaseDecreaseInCapitalAccruals
7061000 usd
us-gaap Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
21702000 usd
us-gaap Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
27779000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
63891000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
35326000 usd
kos Other Capital Expenditure Expense
OtherCapitalExpenditureExpense
110000 usd
kos Other Capital Expenditure Expense
OtherCapitalExpenditureExpense
7798000 usd
us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
376078000 usd
us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
230611000 usd

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