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Update: Kosmos Energy Swings to Q2 Adjusted Earnings, Revenue Rises

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(Updated with production guidance in the fifth paragraph.)

Kosmos Energy (KOS) reported Q2 adjusted earnings Monday of $0.11 per diluted share, swinging from an adjusted loss of $0.19 a year earlier.

Analysts surveyed by FactSet expected earnings of $0.09.

Revenue for the quarter ended June 30 was $617 million, compared with $393.5 million a year earlier.

Analysts expected $479 million.

The company said it expects production of 68,000 to 72,000 barrels of oil equivalent per day in Q3, adjusted for the sale of Equatorial Guinea assets, and 69,000 to 74,000 boe/d for 2026.

Kosmos Energy shares were down 5.6% in premarket activity.

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