Price Action Don’t Lie: Kosmos Energy Ltd Increases Again; Strong Momentum for Buyers

Price Action Don't Lie: Kosmos Energy Ltd Increases Again; Strong Momentum for Buyers

The stock of Kosmos Energy Ltd (NYSE:KOS) is a huge mover today! About 491,114 shares traded hands. Kosmos Energy Ltd (NYSE:KOS) has risen 21.61% since March 2, 2016 and is uptrending. It has outperformed by 13.35% the S&P500.
The move comes after 8 months positive chart setup for the $2.37B company. It was reported on Oct, 5 by We have $8.36 PT which if reached, will make NYSE:KOS worth $711.00 million more.

Analysts await Kosmos Energy Ltd (NYSE:KOS) to report earnings on November, 7. They expect $-0.08 earnings per share, down 500.00% or $0.10 from last year’s $0.02 per share. After $-0.11 actual earnings per share reported by Kosmos Energy Ltd for the previous quarter, Wall Street now forecasts -27.27% EPS growth.

Kosmos Energy Ltd (NYSE:KOS) Ratings Coverage

Out of 6 analysts covering Kosmos Energy (NYSE:KOS), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. Kosmos Energy has been the topic of 16 analyst reports since August 5, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained Kosmos Energy Ltd (NYSE:KOS) on Tuesday, March 29 with “Buy” rating. The company was maintained on Tuesday, February 23 by Credit Suisse. TheStreet downgraded the shares of KOS in a report on Wednesday, August 5 to “Hold” rating. The rating was upgraded by RBC Capital Markets to “Outperform” on Wednesday, August 31. Citigroup maintained Kosmos Energy Ltd (NYSE:KOS) rating on Monday, September 14. Citigroup has “Neutral” rating and $7 price target. The rating was downgraded by RBC Capital Markets on Monday, November 16 to “Sector Perform”. The firm has “Sector Perform” rating given on Thursday, February 25 by RBC Capital Markets. The stock of Kosmos Energy Ltd (NYSE:KOS) has “Strong Buy” rating given on Wednesday, May 11 by Raymond James. The stock of Kosmos Energy Ltd (NYSE:KOS) earned “Neutral” rating by Goldman Sachs on Friday, December 11. The firm has “Outperform” rating given on Monday, January 11 by Raymond James.

According to Zacks Investment Research, “Kosmos Energy Ltd. operates as an oil and gas exploration and production company focused on under-explored regions in Africa. Kosmos Energy Ltd. is based in Hamilton, Bermuda.”

Insitutional Activity: The institutional sentiment increased to 1.39 in 2016 Q2. Its up 0.43, from 0.96 in 2016Q1. The ratio increased, as 12 funds sold all Kosmos Energy Ltd shares owned while 32 reduced positions. 18 funds bought stakes while 43 increased positions. They now own 348.19 million shares or 1.18% more from 344.14 million shares in 2016Q1.
Nationwide Fund Advsr reported 2,578 shares or 0% of all its holdings. Pacad Investment Limited accumulated 0.01% or 11,198 shares. Millennium Management Ltd Llc has 662,424 shares for 0.01% of their US portfolio. Jennison Associate Ltd Liability Corp last reported 0.01% of its portfolio in the stock. Rhumbline Advisers last reported 0% of its portfolio in the stock. Sailingstone Capital Ltd Com holds 3.41% of its portfolio in Kosmos Energy Ltd (NYSE:KOS) for 29.65M shares. Moreover, Blackrock Invest Mgmt Lc has 0% invested in Kosmos Energy Ltd (NYSE:KOS) for 436,545 shares. Moreover, Commonwealth Equity Services has 0% invested in Kosmos Energy Ltd (NYSE:KOS) for 53,486 shares. Geode Capital Ltd accumulated 962,059 shares or 0% of the stock. Moreover, Ibm Retirement Fund has 0% invested in Kosmos Energy Ltd (NYSE:KOS) for 15,851 shares. Morgan Stanley has 0% invested in the company for 8,723 shares. The Wisconsin-based State Of Wisconsin Invest Board has invested 0% in Kosmos Energy Ltd (NYSE:KOS). Ameriprise Financial last reported 0% of its portfolio in the stock. Teachers Advsrs Incorporated accumulated 144,588 shares or 0% of the stock. Alliancebernstein L P holds 0% of its portfolio in Kosmos Energy Ltd (NYSE:KOS) for 101,005 shares.

KOS Company Profile

Kosmos Energy Ltd. (Kosmos), incorporated on January 6, 2011, is a holding company. The Firm is an independent gas and oil exploration and production firm focused on frontier and emerging areas along the Atlantic Margin. The Firm operates in the exploration and production of oil and natural gas segment. The Company’s assets include existing production and development projects offshore Ghana, large discoveries offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Portugal, Sao Tome and Principe, Suriname, Morocco and Western Sahara. The Firm has activities in Africa, Europe and South America. The Company’s discoveries in Ghana include Jubilee Field, TEN, Mahogany, Teak, Akasa and Wawa. The Company’s other discoveries in Mauritania include Ahmeyim and Marsouin, and Senegal include Guembeul.

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