The company said, “Net capital expenditure for the third quarter of 2025 was $67 million, below guidance due to lower spend in Ghana and the Gulf of America. We now expect full year capital expenditures to be lower than $350 million. The Company remains on track to deliver the targeted $25 million overhead reduction by year-end.”
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KOS:
- Kosmos reports Q3 adjusted EPS (15c), consensus (8c)
- Kosmos Energy Reports Third Quarter 2025 Results with Strategic Focus on Growth and Cost Reduction
- Kosmos Energy Reports Q3 2025 Results with Focus on Production Growth and Cost Reduction
- KOS Earnings this Week: How Will it Perform?
- Kosmos initiated with a Buy at Clarksons