Kosmos Energy (DI) (KOS)

Sector:

Energy Producers

472.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 677.50
  • 52 Week Low: 431.00
  • Currency: UK Pounds
  • Shares Issued: 459.97m
  • Volume: 0
  • Market Cap: £2,171.05m
  • RiskGrade: 409

Berenberg nudges up target price on Kosmos Energy

By Iain Gilbert

Date: Tuesday 08 Nov 2022

LONDON (ShareCast) - (Sharecast News) - Analysts at Berenberg slightly raised their target price on deepwater exploration and production company Kosmos Energy from 710.0p to 735.0p on Tuesday, citing "good progress" seen in the group's third-quarter results.
Berenberg said Kosmos Energy's Q3 results highlighted "generally good" operational progress, including important projects in Ghana, Senegal/Mauritania, and the US.

The German bank noted that underlift in the period generated some misses through profit and loss but noted that reported cash flow was strong and the balance sheet continued to improve, with leverage now at 1.5x.

"We adjust our net asset value to incorporate the third-quarter results and minor adjustments to guidance," said the analysts.

"We retain our 'buy' rating and continue to believe Kosmos has multiple levers which could generate incremental long-term value from the portfolio. On our updated forecasts, Kosmos is trading on FY22/23 EV/EBITDA 4.2x/2.4x, EV/DACF of 5.7x/3.5x, and an FCF yield of 12%/27% respectively."





Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

KOS Market Data

Currency UK Pounds
Share Price 472.00p
Change Today 2.00p
% Change 0.43 %
52 Week High 677.50
52 Week Low 431.00
Volume 0
Shares Issued 459.97m
Market Cap £2,171.05m
RiskGrade 409

KOS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.58% above the market average90.58% above the market average90.58% above the market average90.58% above the market average90.58% above the market average
26.32% below the sector average26.32% below the sector average26.32% below the sector average26.32% below the sector average26.32% below the sector average
Price Trend
36.23% below the market average36.23% below the market average36.23% below the market average36.23% below the market average36.23% below the market average
7.32% above the sector average7.32% above the sector average7.32% above the sector average7.32% above the sector average7.32% above the sector average
Income Not Available
Growth
55.89% below the market average55.89% below the market average55.89% below the market average55.89% below the market average55.89% below the market average
88.68% below the sector average88.68% below the sector average88.68% below the sector average88.68% below the sector average88.68% below the sector average

What The Brokers Say

Strong Buy 4
Buy 2
Neutral 2
Sell 0
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

KOS Dividends

  Latest Previous
  Q4 Q3
Ex-Div 04-Mar-20 29-Nov-19
Paid 26-Mar-20 23-Dec-19
Amount 4.52¢ 4.52¢

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

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