Capital Expenditure ReductionKosmos Energy is expected to maintain its previously-announced capex budget of approximately $400 million, a meaningful reduction from prior levels as it prioritizes debt reduction.
Free Cash Flow ExpansionThe recent start-up of Tortue provides better visibility on the long-awaited free cash flow expansion, which is key to Kosmos Energy's debt reduction targets and paves the way for cash returns to shareholders.
Growth PotentialAnalyst's recommendation is to buy due to the business growing and establishing a strong platform for future years.