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Kosmos Energy KOS Equatorial Guinea — Exploration expenses

Other segment segments

Gulf of America
$4.01M-10.7%
Mauritania/Senegal
$336K-79.2%
Ghana
$3K-93.3%

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Other financials

Income statement

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Revenue$370.7M+27.8%
Net income-$225.6M-104%
EPS (diluted)-$0.45-95.7%

Balance sheet

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Cash & equivalents$130.0M+161%
Total debt$3.0B+4.9%
Total equity$515.1M-53.1%
Total assets$4.8B-9.2%

Cash flow

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Operating cash flow$106.6M+12,100%
CapEx$585.0K

Valuation

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Market cap$1.48B+76.5%
Enterprise value$4.33B+19.2%
P/S1.1×+0.5×

Profitability

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Net margin-59.5%-59.9pp
FCF margin47.2%

Returns & leverage

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Return on equity-101%-102pp
Debt / equity5.8×+3.2×
Current ratio0.6×-0.2×

Where this comes from

Reported directly by Kosmos Energy in its filing.

Tagged under the XBRL concept us-gaap:ExplorationExpense.

The source filing: Kosmos Energy’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 5:20 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001509991-26-000027
Three months ended March 31, 2026GhanaEquatorial Guinea(2)Mauritania/SenegalGulf of AmericaCorporate & OtherEliminationsTotal
Total revenues and other income201,43322,39552,26794,859291,361(291,418)370,897
Costs and expenses:
Oil and gas production28,42414,85355,34131,977130,595
Exploration expenses31,1143364,01414,27719,744
General and administrative3,9391,4652,7105,80453,214(39,422)27,710
Depletion, depreciation and amortization53,5174,12130,79631,286153119,873
Interest and other financing costs, net(1)11,763(34)5,5822,37339,11858,802
Derivatives, net251,996251,996

Item 1. Financial Statements

FAQ

What is Kosmos Energy's equatorial guinea — exploration expenses?
Kosmos Energy (KOS) reported equatorial guinea — exploration expenses of $1.11M in Q1 2026.
How has Kosmos Energy's equatorial guinea — exploration expenses changed year-over-year?
Kosmos Energy's equatorial guinea — exploration expenses decreased by 52.8% year-over-year, from $2.36M to $1.11M.
What is the long-term trend for Kosmos Energy's equatorial guinea — exploration expenses?
Over 4 years (2021 to 2025), Kosmos Energy's equatorial guinea — exploration expenses has grown at a -16.8% compound annual growth rate (CAGR), from $5.7M to $2.73M.
What does equatorial guinea — exploration expenses mean?
Costs incurred for geological and geophysical studies, exploratory drilling, and other activities aimed at identifying new hydrocarbon reserves within the segment. High levels of these expenses indicate an active investment in future resource growth.

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