Tuesday, March 4, 2025

Kosmos Turns to the GOM

Acquisition of Deep Gulf Energy drives pivot By Richard Rostad, analyst, Oil & Gas 360 Kosmos Energy (ticker: KOS) announced fourth quarter results and reserves today, showing $189 million in net income, or $0.43 per share. This is a far better result than the $122 million loss Kosmos reported in Q4 2017, although when derivatives and other special charges are

New York Faces a Bleak Economic Future without Gas, Says Cabot CEO Dan Dinges

Cabot Oil & Gas CEO says ConEd’s moratorium on new gas hook-ups beginning in March will create ‘significant calamity’ for New York By Richard Rostad, analyst, Oil & Gas 360 Cabot Oil & Gas’s (stock ticker: COG, $COG) conference call offered a chance for Chairman, President and CEO Dan Dinges to give his thoughts on the company’s position and the

Prophetic: “Time is Up for Management, Change is Needed Now”

On Feb. 4, New York private investment firm Fir Tree Partners issued an open letter to Halcon Resources (stock ticker: HK, $HK) demanding a management change and the installation of two directors to lead the immediate pursuit to sell the company for cash or stock. “Given management’s unwillingness or inability to take the necessary actions to increase shareholder value, Fir