Track market-moving stories before they get noisy

Key Takeaways KOS provides exposure to international exploration amid a supportive oil-price environment.WTI offers offshore oil production exposure as geopolitical risks tighten supply concerns.DTI adds drilling-services exposure and carries an attractive Value Score of A. Oil prices have returned to the spotlight as renewed geopolitical tensions in the Middle East raise concerns about global energy supplies. Crude has climbed back above $80 a barrel and is now approaching $90, reminding investors how quickly market conditions can change. While volatility often creates uncertainty, it can also open attractive opportunities. For investors seeking affordable exposure to the energy sector, fundamentally strong stocks trading below $5 deserve a closer look.

Among the names worth watching are Kosmos Energy (KOS - Free Report) , W&T Offshore (WTI - Free Report) and Drilling Tools International (DTI - Free Report) . Although these stocks trade at relatively low prices, each offers exposure to different parts of the energy value chain — from international exploration and offshore oil production to drilling services.

The business models and valuation levels of these companies make them candidates for investors looking to benefit from a supportive oil-price environment while keeping initial investment costs low. These companies also hold a Value Score of A or B, offering an additional incentive for investors amid the prevailing market uncertainty.

Why the Oil Market Still Looks Strong

The oil market remains highly sensitive to geopolitical developments. Renewed fighting involving the United States and Iran has once again raised concerns about disruptions around the Strait of Hormuz, one of the world's most important oil shipping routes. At the same time, threats to additional shipping lanes have increased uncertainty, pushing Brent crude close to $95 a barrel and U.S. crude above $85. Even if supply disruptions prove temporary, traders continue to price in the risk of tighter global supplies.

Looking ahead, the outlook for oil remains constructive despite continued volatility. Major Wall Street firms believe prices could stay above $80 under a base-case scenario, while a prolonged disruption to Middle East exports could drive crude well above $100. Strong seasonal demand, lower inventories and ongoing geopolitical risks are likely to keep energy markets supported, creating a favorable backdrop for companies with solid operations and attractive valuations.

Why Energy Stocks Under $5 Deserve a Closer Look

Against this backdrop, investors may want to consider undervalued energy companies that have the potential to benefit from higher oil prices while offering meaningful upside if market conditions remain favorable. Stocks trading below $5 — often referred to as penny stocks — can fit that profile. While these shares typically carry greater volatility and higher risk than larger companies, careful selection based on business fundamentals rather than price alone can uncover compelling investment opportunities.

3 Stocks to Focus On

Kosmos Energy: Kosmos Energy is an international oil and gas exploration and production company with a portfolio spanning West Africa, the Gulf of America and liquefied natural gas (LNG) projects in Mauritania and Senegal. The company focuses on developing high-quality assets while steadily expanding production, lowering costs and strengthening its balance sheet.

Its growth strategy combines disciplined investment with the advancement of large-scale development projects and selective exploration opportunities. Kosmos is progressing projects in Ghana, the Gulf of America and the Greater Tortue Ahmeyim LNG development, while pursuing additional prospects through partnerships. By balancing production growth with capital discipline, the company aims to create sustainable value and maintain financial flexibility over the long term.

At less than $2.50 per share and with a Value Score of B, Zacks Rank #2 (Buy) KOS presents an appealing option for energy sector investors looking for a stock with a reasonable valuation. Over the past 60 days, the Zacks Consensus Estimate for the company’s 2026 earnings has gone up 21%. You can seethe complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

W&T Offshore: W&T Offshore is an independent oil and natural gas producer focused on the Gulf of America, where it has operated for more than four decades. Founded in 1983 and headquartered in Houston, the company has built its business by acquiring producing offshore assets and developing them through technical expertise, disciplined operations and targeted drilling.

The Zacks Rank #3 (Hold) company manages a diversified portfolio of offshore fields and combines acquisitions with well optimization projects to extend reserve life, improve production and lower costs. W&T also benefits from owned infrastructure, a strong operating position and an experienced management team. Its strategy centers on generating long-term value through operational efficiency, selective acquisitions and carefully planned development opportunities across the Gulf of America.

WTI shares trade for around $3.63 as of this writing. An incredible bargain for investors, the Zacks Consensus Estimate for 2026 earnings of the company indicates 64.9% growth. W&T Offshore has a Value Score of B.

Drilling Tools International: Drilling Tools International provides rental tools, equipment and related solutions used throughout the drilling, well construction and abandonment process for the oil and gas industry. The #3 Ranked company, with a Value Score of A, serves customers across North America, Europe, the Middle East, Africa and Asia-Pacific, supported by an extensive rental fleet, in-house manufacturing capabilities and a growing global service network.

DTI differentiates itself through its broad product portfolio, repair and manufacturing facilities, and its proprietary COMPASS order management platform, which simplifies tool rentals and improves customer visibility. Strategic acquisitions have expanded its geographic reach and product offerings, while its focus remains on operational efficiency, innovation and delivering reliable support to both exploration and production companies and oilfield service providers.

With a share price of just $2.27, DTI is a stock that energy sector investors should consider for their watchlist. The Zacks Consensus Estimate for 2026 revenues of the company indicates modest growth.

DALLAS, July 06, 2026 (GLOBE NEWSWIRE) -- Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) is pleased to provide the following update on activities across its portfolio: In Ghana, the third well of the 2026 campaign, J76, was completed and came online in mid-June, two weeks later than initially planned. Initial production rates have been very strong with the new well, which benefits from the latest seismic and Kosmos' reservoir modelling, contributing approximately 20,000 barrels of oil per day (bopd) to gross production.

Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Kosmos Energy (KOS - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.

Kosmos Energy is one of 238 companies in the Oils-Energy group. The Oils-Energy group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Kosmos Energy is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for KOS' full-year earnings has moved 20.8% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Our latest available data shows that KOS has returned about 133.6% since the start of the calendar year. In comparison, Oils-Energy companies have returned an average of 18.7%. This means that Kosmos Energy is outperforming the sector as a whole this year.

Valvoline (VVV - Free Report) is another Oils-Energy stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 36.3%.

For Valvoline, the consensus EPS estimate for the current year has increased 2.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Kosmos Energy belongs to the Oil and Gas - Exploration and Production - International industry, a group that includes 6 individual stocks and currently sits at #104 in the Zacks Industry Rank. Stocks in this group have gained about 33.5% so far this year, so KOS is performing better this group in terms of year-to-date returns.

Valvoline, however, belongs to the Oil and Gas - Refining and Marketing industry. Currently, this 17-stock industry is ranked #47. The industry has moved +31.8% so far this year.

Going forward, investors interested in Oils-Energy stocks should continue to pay close attention to Kosmos Energy and Valvoline as they could maintain their solid performance.

Key Takeaways Kosmos completed the sale of its Equatorial Guinea assets to Panoro Energy for a final $127M payment.Kosmos will use proceeds to repay reserves-based lending debt and focus on higher-return core assets.Panoro Energy's stake in Block G will rise to 54.625% following the acquisition. Kosmos Energy (KOS - Free Report) , a U.S.-based exploration and production company, has concluded the sale of its non-operating interests in certain offshore production assets in Equatorial Guinea to Panoro Energy. The deal was announced earlier this year, with Panoro Energy agreeing to acquire KOS’ subsidiary, which owns a 40.375% interestin the block containing the production assets. The deal includes the Ceiba field and the Okume Complex production assets, located in Block G, offshore Equatorial Guinea.

Financial Terms of the DealPer the terms of the deal, the acquiring firm agreed to an upfront cash payment of $180 million, subject to adjustments. Kosmos Energy has received a final cash payment of $127 million following the conclusion of the deal and after accounting for post-closing adjustments. Besides the cash received at closing, Kosmos could still earn additional payments under the terms of the agreement. This includes contingent payments of $12.5 million if the Ceiba field meets certain production targets and $9 million in each of 2027, 2028 and 2029 if oil prices and production levels reach specific target thresholds.  

Divestment Supports Balance Sheet StrengtheningThe closing of this deal reduces the company’s 2026 production. Before the deal’s closing, these assets contributed nearly 5,800 barrels of oil per day net to Kosmos in 2026. However, it enables Kosmos Energy to streamline its asset portfolio and focus on its core assets that generate higher returns. Furthermore, the company has stated that it will use the divestment proceeds to pay down the borrowings under its reserves-based lending credit facility. The transaction will also remove an asset retirement obligation of $140 million from the company’s balance sheet. The transaction is expected to benefit the company by improving its financial flexibility, strengthening its balance sheet and freeing up capital for other strategic priorities.

Deal Creates Value for Both CompaniesKosmos Energy has highlighted that this deal is mutually beneficial for both companies. Panoro Energy previously owned a 14.25% interest in Block G, and the acquisition will raise its stake in the block to 54.625%. For Kosmos, the deal streamlines its portfolio and allows it to focus on its deepwater assets while selling assets with relatively high unit operating costs. Moreover, the deal is structured such that the company can still benefit from any future upside from the assets.  Kosmos Energy’s focus lies on its key offshore assets across Ghana, Mauritania, Senegal and the Gulf of America, which have the potential for long-term growth.

KOS’s Zacks Rank and Key PicksKOS currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks from the energy sector are W&T Offshore (WTI - Free Report) , Galp Energia SGPS SA (GLPEY - Free Report) and FuelCell Energy (FCEL - Free Report) , each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks Rank #1 (Strong Buy) stocks here.

W&T Offshore benefits from its prolific Gulf of America assets, which offer low decline rates, strong permeability and significant untapped reserves. The company’s recent acquisition of six shallow-water fields in the Gulf of America boosts its future production prospects and is expected to enhance its revenues. 

Galp Energia is a Portuguese energy company engaged in exploration and production activities. The company’s oil exploration efforts have yielded positive results, particularly with the Mopane discovery in the Orange Basin, offshore Namibia. This discovery allows Galp to expand its global presence with the potential to become a significant oil producer in the region. It is also involved in refining and marketing of oil products and natural gas marketing and sales.

FuelCell Energy is a clean energy company that offers scalable, reliable, low-carbon power solutions. It produces power using flexible fuel sources such as biogas, natural gas and hydrogen. The company’s proprietary molten carbonate fuel cell systems generate electricity through an electrochemical process instead of burning fuel, reducing carbon emissions and minimizing the environmental impact of power generation. FCEL is anticipated to play a crucial role in the energy transition by enabling industries and communities to shift from traditional fossil fuels to low-carbon alternatives.

Kosmos Energy Ltd. (NYSE: KOS - Get Free Report) saw some unusual options trading on Thursday. Investors purchased 16,738 call options on the company. This is an increase of 109% compared to the typical daily volume of 8,002 call options. Analyst Ratings Changes Several research firms have recently weighed in on KOS. Weiss Ratings reiterated a

Kosmos Energy Ltd. (NYSE: KOS - Get Free Report) shares were up 8.3% during trading on Thursday after Johnson Rice upgraded the stock from an accumulate rating to a buy rating. Johnson Rice now has a $4.25 price target on the stock. Kosmos Energy traded as high as $2.93 and last traded at $2.88. Approximately 6,357,492

Posted by Defense World Staff on Apr 6th, 2026

Kosmos Energy Ltd. (NYSE:KOS – Get Free Report) has received a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $2.1857.

Several brokerages have recently weighed in on KOS. Wall Street Zen upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a report on Saturday. The Goldman Sachs Group increased their price target on Kosmos Energy from $1.75 to $2.00 and gave the company a “neutral” rating in a report on Friday, January 30th. Mizuho reduced their price objective on Kosmos Energy from $2.00 to $1.50 and set a “neutral” rating on the stock in a research report on Friday, December 12th. Johnson Rice raised Kosmos Energy from an “accumulate” rating to a “buy” rating and set a $4.25 price objective on the stock in a research note on Wednesday, March 25th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Kosmos Energy in a report on Monday, December 29th.

Read Our Latest Research Report on KOS

Kosmos Energy Trading Up 0.3% Shares of KOS opened at $2.93 on Monday. The stock has a market cap of $1.41 billion, a PE ratio of -2.01, a price-to-earnings-growth ratio of 0.44 and a beta of 0.65. Kosmos Energy has a 52-week low of $0.84 and a 52-week high of $3.02. The firm’s fifty day moving average is $2.16 and its two-hundred day moving average is $1.61. The company has a quick ratio of 0.45, a current ratio of 0.75 and a debt-to-equity ratio of 5.53.

Kosmos Energy (NYSE:KOS – Get Free Report) last announced its quarterly earnings data on Saturday, February 14th. The oil and gas producer reported ($0.16) earnings per share (EPS) for the quarter. The business had revenue of $294.62 million for the quarter. Kosmos Energy had a negative net margin of 54.18% and a negative return on equity of 39.29%. Research analysts forecast that Kosmos Energy will post 0.42 earnings per share for the current fiscal year.

Insider Activity In other news, CFO Nealesh D. Shah purchased 157,894 shares of the stock in a transaction dated Tuesday, March 10th. The shares were purchased at an average price of $1.90 per share, with a total value of $299,998.60. Following the transaction, the chief financial officer owned 1,863,061 shares in the company, valued at $3,539,815.90. The trade was a 9.26% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Andrew G. Inglis acquired 315,790 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was purchased at an average cost of $1.90 per share, with a total value of $600,001.00. Following the acquisition, the chief executive officer directly owned 4,542,807 shares of the company’s stock, valued at $8,631,333.30. This trade represents a 7.47% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have acquired 3,684,210 shares of company stock worth $6,999,999 and have sold 272,844 shares worth $377,592. 1.99% of the stock is owned by insiders.

Institutional Trading of Kosmos Energy Several hedge funds have recently made changes to their positions in KOS. AQR Capital Management LLC lifted its holdings in Kosmos Energy by 56.7% in the first quarter. AQR Capital Management LLC now owns 387,739 shares of the oil and gas producer’s stock valued at $884,000 after acquiring an additional 140,261 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Kosmos Energy by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 278,082 shares of the oil and gas producer’s stock worth $634,000 after acquiring an additional 12,045 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Kosmos Energy by 21.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,541,006 shares of the oil and gas producer’s stock worth $5,793,000 after acquiring an additional 443,384 shares during the last quarter. Strs Ohio purchased a new stake in Kosmos Energy in the first quarter valued at $120,000. Finally, Rhumbline Advisers raised its position in Kosmos Energy by 7.9% in the second quarter. Rhumbline Advisers now owns 718,954 shares of the oil and gas producer’s stock valued at $1,237,000 after purchasing an additional 52,750 shares during the period. Hedge funds and other institutional investors own 95.33% of the company’s stock.

About Kosmos Energy (Get Free Report)

Kosmos Energy Ltd. is an independent oil and gas exploration and production company headquartered in Dallas, Texas. Since its founding in 2003, the company has focused on identifying and developing hydrocarbon reserves in frontier and emerging basins around the world. Kosmos combines geological and geophysical expertise with a disciplined approach to acreage acquisition and partner selection to pursue high‐impact offshore exploration opportunities.

The company’s portfolio is anchored by assets in West Africa and the Gulf of Mexico.

See Also Five stocks we like better than Kosmos Energy

Receive News & Ratings for Kosmos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kosmos Energy and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEVertiv Holdings Co. (NYSE:VRT) Given Consensus Rating of “Moderate Buy” by Brokerages

NEXT HEADLINE »Henry Schein, Inc. (NASDAQ:HSIC) Receives Average Recommendation of “Hold” from Brokerages

Kosmos Energy is a midcap offshore oil and gas company with operations off Africa and in the Gulf of America. KOS experienced an 60% drawdown due to high leverage and persistent negative cash flow generation. I analyze the company's financial backstory to understand the drivers behind its current distressed position.

DALLAS, May 05, 2026 (GLOBE NEWSWIRE) -- Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the first quarter of 2026. For the quarter, the Company generated a net loss of $226 million, or $0.45 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss(1) of $36 million, or $0.07 per diluted share for the first quarter of 2026.

FIRST QUARTER 2026 AND POST QUARTER END HIGHLIGHTS

Net Production(2): ~74,800 barrels of oil equivalent per day (boepd), up ~25% versus first quarter 2025Revenues: $371 million, or $55.81 per boe (excluding the impact of derivative cash settlements) Production expense: $131 million (or $19.66 per boe), down ~22% versus first quarter 2025 (~$167 million)Capital expenditures: $91 million Greater Tortue Ahmeyim (GTA) gross production averaged ~2.85 million tonnes per annum (mtpa) for the first quarter, in excess of the floating LNG nameplate capacity (2.7 mtpa) Kosmos successfully completed a $350 million senior secured bond offering in the Nordic marketKosmos successfully completed an equity raise of approximately $200 million with the proceeds used to accelerate debt paydownKosmos announced the sale of its interest in the Ceiba Field and Okume Complex in Equatorial Guinea, for up to ~$220 millionThe TEN partnership finalized the acquisition of the TEN FPSO, which is expected to result in a material reduction in operating expensesKosmos took final investment decision for the operated Tiberius project in the Gulf of America Commenting on the Company’s first quarter 2026 performance, Chairman and Chief Executive Officer Andrew G. Inglis said: “Earlier this year, we set four goals for 2026: increase production from our core assets; lower costs; reduce debt; and advance our high‑quality growth portfolio with minimal capital. We are delivering strongly on all four of these goals.

“In the first quarter, Kosmos achieved record daily and quarterly production, driven by GTA fully ramped up and new wells at Jubilee. Operating costs were ~22% lower year-on-year and we reduced net debt(1) by ~7% versus year‑end 2025. With this ongoing momentum, we have raised our full‑year debt reduction target from 10% to ~20%.

“We continue to maintain our capital discipline while we progress our quality growth options. We took final investment decision on the Tiberius development, entered into a strategic exploration alliance with Shell in the Gulf of America, and are moving forward on GTA Phase 1+ expansion.

“With oil prices higher, our goals are unchanged. We will direct excess free cash flow toward accelerated debt reduction and further strengthening the balance sheet. Our exposure to premium international oil markets positions Kosmos to capture value from current market dislocations and reinforces our confidence in the path ahead.”

FINANCIAL UPDATE

In January 2026, Kosmos successfully completed a $350 million senior secured bond offering in the Nordic market with proceeds used to repurchase ~$250 million of the Company's 2027 senior unsecured notes and to repay $100 million of borrowings under the reserve-based lending facility (RBL).

In March, Kosmos successfully raised approximately $200 million of equity with the proceeds used to accelerate debt repayment.

In April, Kosmos completed its spring RBL re-determination with the borrowing base reduced to approximately $1.25 billion. Post the sale of the Company's production assets in Equatorial Guinea, expected around midyear 2026, the borrowing base will reduce to approximately $1.2 billion,

Kosmos has growing exposure to higher near-term oil prices, with realizations and free cash flow expected to rise in the second quarter, taking account of the lag effect between sales and benchmark prices. In the second quarter so far, we have seen record pricing and record differentials for production priced off premium international benchmarks such as Dated Brent in Ghana.

Kosmos has taken advantage of a higher forward price curve to add further hedges for 2027. The company has 5.7 million barrels of oil hedged for the remainder of 2026 with an average floor of approximately $66/barrel and a further 4.0 million barrels hedged in 2027 with a floor of approximately $65/barrel.

Net capital expenditure for the first quarter of 2026 was $91 million, in line with guidance. Full year 2026 capital expenditure guidance of $350 million is unchanged.

The Company generated net cash provided by operating activities of approximately $107 million and free cash flow(1) of approximately $14 million. Kosmos exited the first quarter of 2026 with approximately $2.8 billion of net debt(1) and liquidity of approximately $488 million.

OPERATIONAL UPDATE

Production

Total net production(2) in the first quarter of 2026 averaged approximately 74,800 boepd, a record quarterly high for Kosmos, up ~25% versus first quarter 2025. The increase was largely driven by the ramp up at GTA and new wells coming online at Jubilee. Sales for the first quarter 2026 were approximately 73,800 boepd.

The Company exited the quarter in a net underlift position of approximately 1.3 mmboe.

Mauritania and Senegal

GTA Phase 1 production averaged approximately 17,000 boepd net during the quarter, or 2.85 mtpa of LNG equivalent gross as the project continued to produce above the floating LNG vessel's nameplate capacity (2.7 mtpa), benefiting from cooler seasonal temperatures. The partnership lifted 9.5 gross LNG cargos in the first quarter, in line with guidance. Full year guidance of 32-36 gross LNG cargos remains unchanged. One condensate cargo was lifted by BP in the first quarter. The second and third condensate cargos in 2026 are expected to be lifted by Kosmos and the national oil companies of Mauritania and Senegal.

Lowering operating costs for GTA Phase 1 remains a priority for the partnership in 2026 with net operating costs per boe on track to fall by more than 50% year-on-year with scope for further reductions in 2027 and beyond.

With Phase 1 production fully ramped up and performing well, the partnership is now focusing on future production growth through Phase 1+, which fully utilizes the existing infrastructure for sales to the domestic markets in Senegal and Mauritania. Heads of terms for domestic gas sales are expected in 2026. In addition, Senegal has begun construction of an onshore power plant near Saint Louis and is expected to commence construction of the gas pipeline network around the midyear, which will transport gas from the GTA hub terminal to shore for domestic power generation.

Ghana

Production in Ghana averaged approximately 35,400 boepd net in the first quarter of 2026, which included gas production of approximately 6,900 boepd. Kosmos lifted three cargos from Ghana during the quarter, in line with guidance.

At Jubilee (38.6% working interest), oil production in the first quarter averaged approximately 70,000 bopd gross. The J74 well came online in early 2026 followed by the J75 well at the end of the quarter. Both wells are performing in line with expectations.

The next well in the campaign (J76) has been drilled and the completion is about to commence. Two additional producer wells (J77 and J50) have also been drilled and will be completed shortly after J76. As the operator recently communicated, all three producer wells are expected online in June and July and Kosmos expects an aggregate contribution from these wells of around 20,000 bopd gross. A water injection well will conclude the drilling campaign and is expected online at the end of the third quarter.

At TEN (20.4% working interest), oil production averaged approximately 14,900 bopd gross for the first quarter, in line with expectations. In February 2026, the TEN partnership finalized a sale and purchase agreement to acquire the TEN FPSO at the end of its current lease. Signing the agreement is expected to significantly reduce TEN operating costs and positively impact leverage in 2026 and beyond.

Also in February, the Ghanaian parliament formally ratified the license extensions for the West Cape Three Points and Deepwater Tano Petroleum Agreements, which cover the Jubilee and TEN fields, following government approval of the extensions in December. The licenses now extend to 2040. With an extended license period, the partnership is aligned on securing a rig for the 2027/2028 drilling campaign, which is expected to include up to ten wells and start in mid-2027.

Gulf of America

Production in the Gulf of America averaged approximately 16,800 boepd net (~84% oil) during the first quarter, in line with guidance, with strong performance from the Kosmos-operated Odd Job and Kodiak fields. Early in the second quarter, the Winterfell-2 well was shut in pending future intervention.

On Tiberius, in the outboard Wilcox play, Kosmos (operator, 50% working interest) took final investment decision with our partner Occidental (50% working interest) in March. The project targets first oil in the second half of 2028, with long-lead items already secured and most of the capital expected in 2027 and 2028. A farm down to reduce Kosmos’ working interest to ~33% has now commenced and is expected to close later this year.

As previously announced, Kosmos deepened its inventory of future opportunities for its infrastructure-led exploration (ILX) strategy in the Gulf of America, entering into a strategic alliance with Shell in February in the Norphlet trend. Shell and Kosmos now have alignment over ten blocks in the Gulf of America to explore multiple high-potential prospects, including Trailblazer, a prospect with significant potential (~200 mmboe gross). In the event of success, it could be tied back into Shell's nearby Appomattox platform. Drilling of Trailblazer is planned for the first half of 2027 with Kosmos designated as development operator.

Equatorial Guinea

Production in Equatorial Guinea averaged approximately 16,000 bopd gross and 5,600 bopd net in the first quarter. Kosmos lifted 0.4 cargos from Equatorial Guinea during the quarter in line with guidance.

In February, Kosmos announced that it entered into an agreement to sell its 40.375% non-operating working interest in the Ceiba Field and Okume Complex production assets to Panoro Energy for up to $220 million. Proceeds will be used to reduce borrowings outstanding under the RBL. The transaction has been approved by the Government of Equatorial Guinea and is expected to close around midyear 2026, subject to customary CEMAC approval.

(1) A Non-GAAP measure, see attached reconciliation of non-GAAP measure. Net debt excludes $80.1 million TEN FPSO finance lease liability. For purposes of the debt cover ratio calculation under the RBL Facility, the finance lease liability is included in net debt.
(2) Production means net entitlement volumes. In Ghana, Equatorial Guinea, and Mauritania and Senegal this means those volumes net to Kosmos' working interest or participating interest and net of royalty or production sharing contract effect. In the Gulf of America, this means those volumes net to Kosmos' working interest and net of royalty.

Conference Call and Webcast Information

Kosmos will host a conference call and webcast to discuss first quarter 2026 financial and operating results today, May 5, 2026, at 10:00 a.m. Central time (11:00 a.m. Eastern time). The live webcast of the event can be accessed on the Investors page of Kosmos’ website at http://investors.kosmosenergy.com/investor-events. The dial-in telephone number for the call is +1-800-715-9871. Callers in the United Kingdom should call 0800 260 6466. Callers outside the United States should dial +1-646-307-1963. A replay of the webcast will be available on the Investors page of Kosmos’ website for approximately 90 days following the event.

About Kosmos Energy

Kosmos Energy is a leading deepwater exploration and production company focused on meeting the world’s growing demand for energy. We have diversified oil and gas production from assets offshore Ghana, Equatorial Guinea, Mauritania, Senegal and the Gulf of America. Additionally, in the proven basins where we operate we are advancing high-quality development opportunities, which have come from our exploration success. Kosmos is listed on the NYSE and LSE and is traded under the ticker symbol KOS. As an ethical and transparent company, Kosmos is committed to doing things the right way. The Company’s Business Principles articulate our commitment to transparency, ethics, human rights, safety and the environment. Read more about this commitment in the Kosmos Sustainability Report. For additional information, visit www.kosmosenergy.com.

Non-GAAP Financial Measures

EBITDAX, Adjusted net income (loss), Adjusted net income (loss) per share, free cash flow, and net debt are supplemental non-GAAP financial measures used by management and external users of the Company's consolidated financial statements, such as industry analysts, investors, lenders and rating agencies. The Company defines EBITDAX as Net income (loss) plus (i) exploration expense, (ii) depletion, depreciation and amortization expense, (iii) equity based compensation expense, (iv) unrealized (gain) loss on commodity derivatives (realized losses are deducted and realized gains are added back), (v) (gain) loss on sale of oil and gas properties, (vi) interest (income) expense, (vii) income taxes, (viii) debt modifications and extinguishments, (ix) doubtful accounts expense and (x) similar other material items which management believes affect the comparability of operating results. The Company defines Adjusted net income (loss) as Net income (loss) adjusted for certain items that impact the comparability of results. The Company defines free cash flow as net cash provided by operating activities less Oil and gas assets, Other property, and certain other items that may affect the comparability of results and excludes non-recurring activity such as acquisitions, divestitures and National Oil Company ("NOC") financing. NOC financing refers to the amounts funded by Kosmos under the Carry Advance Agreements that the Company has in place with the national oil companies of each of Mauritania and Senegal related to the financing of the respective national oil companies’ share of certain development costs at Greater Tortue Ahmeyim. The Company defines net debt as total long-term debt less cash and cash equivalents and total restricted cash.

We believe that EBITDAX, Adjusted net income (loss), Adjusted net income (loss) per share, free cash flow, Net debt and other similar measures are useful to investors because they are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in the oil and gas sector and will provide investors with a useful tool for assessing the comparability between periods, among securities analysts, as well as company by company. EBITDAX, Adjusted net income (loss), Adjusted net income (loss) per share, free cash flow, and net debt as presented by us may not be comparable to similarly titled measures of other companies.

This release also contains certain forward-looking non-GAAP financial measures, including free cash flow. Due to the forward-looking nature of the aforementioned non-GAAP financial measures, management cannot reliably or reasonably predict certain of the necessary components of the most directly comparable forward-looking GAAP measures, such as future impairments and future changes in working capital. Accordingly, we are unable to present a quantitative reconciliation of such forward-looking non-GAAP financial measures to their most directly comparable forward-looking GAAP financial measures. Amounts excluded from these non-GAAP measures in future periods could be significant.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Kosmos expects, believes or anticipates will or may occur in the future are forward-looking statements. Kosmos’ estimates and forward-looking statements are mainly based on its current expectations and estimates of future events and trends, which affect or may affect its businesses and operations. Although Kosmos believes that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made in light of information currently available to Kosmos. When used in this press release, the words “anticipate,” “believe,” “intend,” “expect,” “plan,” “will” or other similar words are intended to identify forward-looking statements. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Kosmos, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Further information on such assumptions, risks and uncertainties is available in Kosmos’ Securities and Exchange Commission (“SEC”) filings. Kosmos undertakes no obligation and does not intend to update or correct these forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by applicable law. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.

Kosmos Energy Ltd.
Consolidated Statements of Operations
(In thousands, except per share amounts, unaudited)
   Three Months Ended  March 31,   2026   2025 Revenues and other income:    Oil and gas revenue $370,728  $290,135 Other income, net  169   296 Total revenues and other income  370,897   290,431      Costs and expenses:    Oil and gas production  130,595   167,308 Exploration expenses  19,744   9,669 General and administrative  27,710   26,255 Depletion, depreciation and amortization  119,873   120,667 Interest and other financing costs, net  58,802   51,842 Derivatives, net  251,996   6,732 Other expenses, net  3,264   1,989 Total costs and expenses  611,984   384,462      Loss before income taxes  (241,087)  (94,031)Income tax expense (benefit)  (15,513)  16,575 Net loss $(225,574) $(110,606)     Net loss per share:    Basic $(0.45) $(0.23)Diluted $(0.45) $(0.23)          Weighted average number of shares used to compute net loss per share:    Basic  506,198   475,681 Diluted  506,198   475,681   Kosmos Energy Ltd.
Condensed Consolidated Balance Sheets
(In thousands, unaudited)
   March 31, December 31,  2026
 2025
Assets    Current assets:    Cash and cash equivalents $129,957 $91,518Receivables, net  110,510  103,472Assets held for sale  18,707  —Other current assets  194,268  232,884Total current assets  453,442  427,874     Property and equipment, net  3,367,489  3,733,784Non-current assets held for sale  408,895  —Other non-current assets  553,616  534,968Total assets $4,783,442 $4,696,626     Liabilities and stockholders’ equity    Current liabilities:    Accounts payable $194,969 $202,555Accrued liabilities  332,078  237,609Current maturities of long-term debt  30,220  132,143Liabilities held for sale  43,544  —Other current liabilities  156,243  —Total current liabilities  757,054  572,307     Long-term liabilities:    Long-term debt, net  2,866,043  2,920,616Deferred tax liabilities  134,750  305,924Long-term liabilities held for sale  260,601  —Other non-current liabilities  249,885  369,189Total long-term liabilities  3,511,279  3,595,729     Total stockholders’ equity  515,109  528,590Total liabilities and stockholders’ equity $4,783,442 $4,696,626  Kosmos Energy Ltd.
Condensed Consolidated Statements of Cash Flow
(In thousands, unaudited)
   Three Months Ended  March 31,   2026   2025 Operating activities:    Net loss $(225,574) $(110,606)Adjustments to reconcile net income to net cash provided by (used in) operating activities:    Depletion, depreciation and amortization (including deferred financing costs)  122,465   122,551 Deferred income taxes  (49,013)  1,811 Unsuccessful well costs and leasehold impairments  14,541   1,903 Change in fair value of derivatives  302,976   7,586 Cash settlements on derivatives, net(1)  (81,321)  494 Equity-based compensation  5,950   8,361 Debt modifications and extinguishments  (1,217)  — Other  (7,561)  (5,597)Changes in assets and liabilities:    Net changes in working capital  25,310   (27,391)Net cash provided by (used in) operating activities  106,556   (888)     Investing activities    Oil and gas assets  (87,047)  (90,245)Notes receivable and other investing activities  (11,598)  (44,048)Net cash used in investing activities  (98,645)  (134,293)     Financing activities:    Borrowings under long-term debt  124,167   100,000 Payments on long-term debt  (277,738)  — Net proceeds from issuance of senior notes and bonds  350,000   — Repurchase and redemption of senior notes  (346,984)  — Net proceeds from issuance of common stock  206,440   — Payments on finance lease  (5,262)  — Other financing costs  (7,731)  — Net cash provided by financing activities  42,892   100,000      Net increase (decrease) in cash, cash equivalents and restricted cash  50,803   (35,181)Cash, cash equivalents and restricted cash at beginning of period  117,744   85,277 Cash, cash equivalents and restricted cash at end of period(2) $168,547  $50,096  (1) Cash settlements on commodity hedges were $(30.3) million and $(1.8) million for the three months ended March 31, 2026 and 2025, respectively.

(2) Includes cash reported within current assets held for sale on the Consolidated Balance Sheets relating to the Ceiba and Okume Complex located in Block G offshore Equatorial Guinea cash held for sale.

Kosmos Energy Ltd.
EBITDAX
(In thousands, unaudited)  Three Months Ended Twelve Months Ended March 31, 2026 March 31, 2025 March 31, 2026Net loss$(225,574) $(110,606) $(814,754)Exploration expenses 19,744   9,669   233,691 Depletion, depreciation and amortization 119,873   120,667   555,980 Impairment of long-lived assets —   —   177,563 Equity-based compensation 5,950   8,361   25,542 Derivatives, net 251,996   6,732   191,599 Cash settlements on commodity derivatives (30,341)  (1,751)  (18,197)Other expenses, net(1) 3,263   1,989   14,766 Gain on sale of assets —   —   (2,200)Interest and other financing costs, net 58,802   51,842   230,390 Income tax expense (benefit) (15,513)  16,575   33,117 EBITDAX$188,200  $103,478  $627,497 Pro Forma Adjustment - TEN FPSO Lease(1) —   —   47,421 Pro Forma EBITDAX 188,200   103,478   674,918 EBITDAX - M|S (5,784)  (57,932)  (77,333)Pro Forma EBITDAX - Base Business$193,984  $161,410  $752,251  (1) Adjustment to present Pro Forma EBITDAX for the impact to operational expense for the periods presented resulting from executing the TEN FPSO finance lease transaction.

The following table presents our net debt as of March 31, 2026 and December 31, 2025:

  March 31, December 31,  2026
 2025
Total long-term debt $2,946,876 $3,100,274Cash and cash equivalents  129,957  91,518Cash included in assets held for sale  7,960  —Total restricted cash  30,630  26,226Net debt(1) $2,778,329 $2,982,530 (1) Excludes $80.1 million TEN FPSO finance lease liability.

Kosmos Energy Ltd.
Adjusted Net Income (Loss)
(In thousands, except per share amounts, unaudited)
  Three Months Ended March 31,  2026   2025 Net loss$(225,574) $(110,606)    Derivatives, net 251,996   6,732 Cash settlements on commodity derivatives (30,341)  (1,751)Other, net(2) 3,259   1,664 Write-off of leasehold costs 13,181   — Debt modifications and extinguishments (1,217)  — Total selected items before tax 236,878   6,645     Income tax (expense) benefit on adjustments(1) (46,926)  (1,465)Adjusted net income (loss)$(35,622)  (105,426)    Net loss per diluted share$(0.45) $(0.23)    Derivatives, net 0.50   0.01 Cash settlements on commodity derivatives (0.06)  — Write-off of leasehold costs 0.03   — Total selected items before tax 0.47   0.01     Income tax (expense) benefit on adjustments(1) (0.09)  — Adjusted net income (loss) per diluted share$(0.07) $(0.22)    Weighted average number of diluted shares 506,198   475,681  (1) Income tax expense is calculated at the statutory rate in which such item(s) reside. Statutory rates for the U.S., Equatorial Guinea and Ghana are 21%, 25% and 35%, respectively.

Kosmos Energy Ltd.
Free Cash Flow
(In thousands, unaudited)
  Three Months Ended March 31,  2026   2025 Reconciliation of free cash flow:   Net cash provided by (used in) operating activities$106,556  $(888)Net cash used for oil and gas assets (87,047)  (90,245)Payments on finance lease (5,262)  — Free cash flow 14,247   (91,133)Net cash provided by (used in) operating activities - M|S (4,400)  14,971 Net cash used for oil and gas assets - M|S (1,714)  (49,943)Base business free cash flow$20,361  $(56,161)Kosmos Energy Ltd.
Operational Summary
(In thousands, except barrel and per barrel data, unaudited)
  Three Months Ended  March 31,   2026   2025  Net Volume Sold    Oil (MMBbl) 4.414   3.659  Gas (MMcf) 12.749 (1)
 4.172 (1)
NGL (MMBbl) 0.104   0.091  Total (MMBoe) 6.643   4.445  Total (MBoepd) 73.809   49.393       Revenue    Oil sales$297,011  $270,405  Gas sales 72,104   17,629  NGL sales 1,613   2,101  Total oil and gas revenue 370,728   290,135  Cash settlements on commodity derivatives (30,341)  (1,751) Realized revenue$340,387  $288,384            Oil and Gas Production Costs$130,595 (1)
$167,308 (1)
     Sales per Bbl/Mcf/Boe    Average oil sales price per Bbl$67.29  $73.90  Average gas sales price per Mcf 5.66   4.23  Average NGL sales price per Bbl 15.51   23.09  Average total sales price per Boe 55.81   65.27  Cash settlements on commodity derivatives per Boe (4.57)  (0.39) Realized revenue per Boe 51.24   64.87       Oil and gas production costs per Boe$19.66  $37.64  Oil and gas production costs per Boe ex. M/S (1)$14.24  $24.99   (1) Includes $55.3 million and $58.1 million for the three months ended March 31, 2026 and 2025, respectively, of oil and gas production costs related to the LNG production at the GTA Phase 1 project in Mauritania and Senegal. GTA Phase 1 project LNG sales volumes for the three months ended March 31, 2026 and 2025 were 1.357 MMboe and 0.1 MMboe, respectively. First LNG was achieved in February 2025 and the first LNG cargo was successfully completed in April 2025.

Kosmos was underlifted by approximately 1.3 million barrels of oil equivalent (mmboe) as of March 31, 2026.

Kosmos Energy Ltd.
Hedging Summary
As of March 31, 2026(1)
(Unaudited)
       Weighted Average Price per Bbl             Index MBbl Floor(2) Sold Put Ceiling2026:          Two-way collars 1H26 Dated Brent 500 $60.00 — $74.75Three-way collars FY26 Dated Brent 1,500  60.00 50.00  75.51Swaps 1H26 Dated Brent 500  72.90 —  —Swaps FY26 Dated Brent 2,250  70.62 —  —Swaps FY26 WTI 1,000  64.83 —  —2027:          Three-way collars 1H27 Dated Brent 2,000  70.00 55.00  85.00Three-way collars FY27 Dated Brent 2,000  60.00 47.50  75.00 (1) Please see the Company’s filed 10-K for additional disclosure on hedging material. Includes hedging position as of March 31, 2026 and hedges put in place through filing date.
(2) “Floor” represents floor price for collars and strike price for purchased puts.

Note: Excludes 0.6 MMBbls of Dated Brent sold calls with a strike price of $100.00 per Bbl, 0.7 MMBbls of Dated Brent sold calls with a strike price of $80.00 per Bbl and 1.5 MMBbls of Dated Brent sold puts with a strike price of $55.00 in 2026. Excludes 1.0 MMBbls of WTI sold puts with a strike price of $50.00 in 2026.

2026 Guidance
  2Q 2026FY 2026   Production(1,2,3)70,000 - 74,000 boe per day70,000 - 78,000 boe per day   Opex$25.00 - $28.00 per boe$20.00 - $22.00 per boe   DD&A$15.50 - $17.50 per boe$18.00 - $20.00 per boe   G&A(~65% cash)$20-$25 million~$75 million   Exploration Expense(4)~$5 million$10 - $30 million   Net Interest Expense$55 - $65 million$230 - $250 million   Tax$10.00 - $13.00 per boe$5.00 - $7.00 per boe   Capital Expenditure$100 - $125 million~$350 million Note: Ghana / Equatorial Guinea / Mauritania & Senegal revenue calculated by number of cargos. All guidance includes Equatorial Guinea assets. Revised guidance to be issued post the closing of transaction. Guidance includes Equatorial Guinea contribution of approximately 6,000 boepd of production, operating costs of $45-55/barrel and ~$15 million of capital expenditures.

(1) 2Q 2026 net cargo forecast – Ghana: 3-4 cargos / Equatorial Guinea: 0.4 cargo. FY 2026 Ghana: 12-13 cargos / Equatorial Guinea 2-3 cargos. Average cargo sizes 950,000 barrels of oil.
(2) 2Q 2026 gross cargo forecast - Mauritania & Senegal: 8-9 cargos. FY 2026: 32-36 cargos. Average cargo size ~170,000 m3 with Kosmos NRI of ~24%. Kosmos expects 0.3 net condensate cargos in 2Q26
(3) Gulf of America Production: 2Q 2026 forecast 14,000 - 16,000 boe per day. FY 2026: 15,000-17,000 boe per day. Oil/Gas/NGL split for 2026: ~83%/~11%/~6%.
(4) Excludes leasehold impairments and dry hole costs.

Source: Kosmos Energy Ltd.

Investor Relations
Jamie Buckland
+44 (0) 203 954 2831
[email protected]

Media Relations
Thomas Golembeski
+1-214-445-9674
[email protected]

Investors might want to bet on Kosmos Energy (KOS - Free Report) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.

The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.

Therefore, the Zacks rating upgrade for Kosmos Energy basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Kosmos Energy imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.

Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for Kosmos EnergyThis independent oil and gas company is expected to earn $0.24 per share for the fiscal year ending December 2026, which represents no year-over-year change.

Analysts have been steadily raising their estimates for Kosmos Energy. Over the past three months, the Zacks Consensus Estimate for the company has increased 161.5%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Kosmos Energy to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

2 hours ago

Lennar (NYSE:LEN) Updates Q3 2026 Earnings GuidanceLennar (NYSE:LEN) updated its third quarter 2026 earnings guidance. The company provided EPS guidance of 1.200-1.400 for the period, compared to the consensus estimate of 1.710.

NYSE:LEN

Read Lennar (NYSE:LEN) Updates Q3 2026 Earnings Guidance

3 hours ago

MSA Safety Incorporporated (NYSE:MSA) CFO Acquires $71,093.12 in StockMarketBeat

MSA Safety Incorporporated (NYSE:MSA - Get Free Report) CFO Julie Beck bought 448 shares of the stock in a transaction dated Thursday, June 11th. The stock was acquired at an average price of $158.69 per share, with a total value of $71,093.12. Following the completion of the purchase, the chief financial officer owned 3,825 shares of the company's stock, valued at $606,989.25. This represents a 13.27% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

NYSE:MSA

Read MSA Safety Incorporporated (NYSE:MSA) CFO Acquires $71,093.12 in Stock

3 hours ago

Insider Selling: NBT Bancorp (NASDAQ:NBTB) Director Sells 2,100 Shares of StockMarketBeat

NBT Bancorp Inc. (NASDAQ:NBTB - Get Free Report) Director Heidi Hoeller sold 2,100 shares of the business's stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $48.03, for a total transaction of $100,863.00. Following the transaction, the director owned 11,560 shares of the company's stock, valued at approximately $555,226.80. This represents a 15.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

NASDAQ:NBTB

Read Insider Selling: NBT Bancorp (NASDAQ:NBTB) Director Sells 2,100 Shares of Stock

3 hours ago

Douglas Milne Sells 1,600 Shares of IGM Financial (TSE:IGM) StockMarketBeat

IGM Financial Inc. (TSE:IGM - Get Free Report) Director Douglas Milne sold 1,600 shares of the business's stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of C$80.61, for a total value of C$128,976.00. Following the sale, the director directly owned 800 shares in the company, valued at C$64,488. The trade was a 66.67% decrease in their ownership of the stock.

TSE:IGM

Read Douglas Milne Sells 1,600 Shares of IGM Financial (TSE:IGM) Stock

Sort By

Time Frame

Alert Type

Keywords

Page 1 of 325