Financial LeverageDespite positive developments, Kosmos Energy's net debt to EBITDX ratio is expected to remain above that of its peers, indicating higher leverage.
Oil Price RisksBrent oil projection has been cut to average ~$75/bbl with downside risks down to $60/bbl dependent on OPEC+ supply strategy.
Operational ChallengesThere is worry about operational missteps, especially in non-operated areas where KOS has less direct control.