Kosmos Energy Outlook Ahead of Q4 Results
<p>Analysts at Berenberg Bank provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/KOS'>Kosmos Energy Ltd. (NYSE:KOS)</a> ahead of the upcoming Q4 results.</p>
<p>The analysts expect the company to materially reduce its net debt in 2022, falling 20% from their year-end 2021 forecast of $2.5 billion to $2.0 billion at year-end 2022. Strong oil prices should also significantly improve EBITDAX (the analysts expect $1.2 billion in 2022 versus $600 million in 2021), contributing to leverage falling to 1.5x from 3.6x.</p>
<p>The analysts are encouraged by the improvement in performance at the Jubilee and TEN fields in the past 12 months, highlighting the increased confidence in the long-term outlook for the assets. </p>
<p>The analysts anticipate Q4 EPS to come in at $0.16, which is around 33% ahead of the Street estimate.</p>

NYSE:KOS