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Kosmos Energy (KOS): Tender offer and return of capital

This situation live

KOS Kosmos Energy

£1,191m · 205.5p · +197% since the first step

12 Jan 2026 · announced · +21% until the next step Kosmos intends to use the net proceeds from the offering to fund the tender offer for $250 million aggregate principal amount of its 7.750% Senior Notes due 2027.

16 Jan 2026 · proposed · +139% until the next step Kosmos intends to use the net proceeds from the offering to fund the tender offer for up to $250 million aggregate principal amount of its 7.750% Senior Notes due 2027, to repay certain borrowings und

5 May 2026 · proposed · −7% since We are delivering strongly on all four of these goals: increase production from our core assets; lower costs; reduce debt; and advance our high-quality growth portfolio with minimal capital.

Capital return

Tender offer and return of capital

proposed

Kindtender offer

Amount~$250m repurchase of 2027 senior unsecured notes

Of market value41.4%

As of 5 May 2026 ↗

Since Oct 2023: 119 situations of this kind – paid out 63%, went quiet 37%; median share price +5% six months after they opened

Every step · 3

12 Jan 2026 announced – Kosmos intends to use the net proceeds from the offering to fund the tender offer for $250 million aggregate principal amount of its 7.750% Senior Notes due 2027. ↗
16 Jan 2026 proposed – Kosmos intends to use the net proceeds from the offering to fund the tender offer for up to $250 million aggregate principal amount of its 7.750% Senior... ↗
5 May 2026 proposed – We are delivering strongly on all four of these goals: increase production from our core assets; lower costs; reduce debt; and advance our high-quality... ↗

What is happening

Kosmos Energy: Tender offer and return of capital – proposed. ['proposed']

From the company's own announcements. Not investment advice.

Briefing Pro

New to Kosmos Energy? Get up to speed in 2 minutes.

What it does, how it got here, what management promised and delivered – written from its own announcements.

Get the KOS briefing →

Also at Kosmos Energy 2 open

Balance-sheet stress / refinancing2026 and 2027 debt maturities – RBL refinancing under way, targeted Q4 Project milestonesGTA Phase 1 ramp-up – J76 and J77 online; J50 imminent Disposal of a part (break-up)Equatorial Guinea asset sale – Completed 16 June 2026; announced 17 June · closed Kosmos Energy – company page →

This situation live

KOS Kosmos Energy

£1,191m · 205.5p · +197% since the first step

12 Jan 2026 · announced · +21% until the next step Kosmos intends to use the net proceeds from the offering to fund the tender offer for $250 million aggregate principal amount of its 7.750% Senior Notes due 2027.

16 Jan 2026 · proposed · +139% until the next step Kosmos intends to use the net proceeds from the offering to fund the tender offer for up to $250 million aggregate principal amount of its 7.750% Senior Notes due 2027, to repay certain borrowings und

5 May 2026 · proposed · −7% since We are delivering strongly on all four of these goals: increase production from our core assets; lower costs; reduce debt; and advance our high-quality growth portfolio with minimal capital.

Capital return

Tender offer and return of capital

proposed

Kindtender offer

Amount~$250m repurchase of 2027 senior unsecured notes

Of market value41.4%

As of 5 May 2026 ↗

Since Oct 2023: 119 situations of this kind – paid out 63%, went quiet 37%; median share price +5% six months after they opened

Every step · 3

12 Jan 2026 announced – Kosmos intends to use the net proceeds from the offering to fund the tender offer for $250 million aggregate principal amount of its 7.750% Senior Notes due 2027. ↗
16 Jan 2026 proposed – Kosmos intends to use the net proceeds from the offering to fund the tender offer for up to $250 million aggregate principal amount of its 7.750% Senior... ↗
5 May 2026 proposed – We are delivering strongly on all four of these goals: increase production from our core assets; lower costs; reduce debt; and advance our high-quality... ↗

Briefing Pro

New to Kosmos Energy? Get up to speed in 2 minutes.

What it does, how it got here, what management promised and delivered – written from its own announcements.

Get the KOS briefing →

Also at Kosmos Energy 2 open

Balance-sheet stress / refinancing2026 and 2027 debt maturities – RBL refinancing under way, targeted Q4 Project milestonesGTA Phase 1 ramp-up – J76 and J77 online; J50 imminent Disposal of a part (break-up)Equatorial Guinea asset sale – Completed 16 June 2026; announced 17 June · closed Kosmos Energy – company page →