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An update from Kosmos Energy ( (KOS) ) is now available.
Kosmos Energy has announced the commencement of liquefied natural gas (LNG) production at the Greater Tortue Ahmeyim project, located offshore Mauritania and Senegal. This marks a significant milestone in the project, as Kosmos begins to recognize gas entitlement production from the project in its financial statements. The first LNG cargo is expected to be exported this quarter, allowing Kosmos to start generating revenue and cash flow from this venture. The achievement is a key step for the company and strengthens its partnership with both the governments of Mauritania and Senegal.
More about Kosmos Energy
Kosmos Energy is a leading deepwater exploration and production company focused on meeting the world’s growing demand for energy. It has diversified oil and gas production from key assets offshore in regions like Ghana, Equatorial Guinea, Mauritania, Senegal, and the U.S. Gulf of Mexico. The company is listed on the New York Stock Exchange and London Stock Exchange under the ticker symbol KOS and is committed to ethical practices, transparency, and sustainability.
YTD Price Performance: -19.09%
Average Trading Volume: 9,283,967
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.42B
See more data about KOS stock on TipRanks’ Stock Analysis page.
