2 Months Ago
0 Min Read

Shares of KOS are trading 10% higher today. The primary reasons:

KOS
+2.72% 24h



Shares of Kosmos Energy Ltd (KOS) are trading 9% higher at a price of $5.65 at the time of this writing. While it's generally been a cheery day for this part of the market, the company is quickly outshining it's peers in the Energy sector. The market is undergoing a significant macro move (2.13%) which could be a factor in the stock's movement.

1. Kosmos Energy has reported that the floating production, storage and offloading vessel for the Greater Tortue Ahmeyim project (GTA) has drifted approximately 200 meters off the quayside following the impact of Typhoon Muifa.

2. Stock traders are buying high volume of put options on Kosmos Energy.


Kosmos Energy Ltd has been trading between a 52-week high of $8.49 and a 52-week low of $2.86. The stock has a market cap of $2.58 Billion.

Kosmos is a full-cycle deepwater independent oil and gas exploration and production company focused along the Atlantic Margins. Its key assets include production offshore Ghana, Equatorial Guinea and U.S.Gulf of Mexico, as well as a world-class gas development offshore Mauritania and Senegal. As an ethical and transparent company, Kosmos is committed to doing things the right way.

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