The Chairman & Chief Executive Officer of Kosmos Energy is Exercising Options


Yesterday it was reported that the Chairman & Chief Executive Officer of Kosmos Energy (KOS), Andrew G Inglis, exercised options to sell 75,919 KOS shares for a total transaction value of $179.2K.

In addition to Andrew G Inglis, 4 other KOS executives reported Sell trades in the last month. This recent transaction decreases Andrew G Inglis’ holding in the company by 3% to a total of $6.24 million.

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The company has a one-year high of $6.79 and a one-year low of $0.50. KOS’s market cap is $1.15 billion and the company has a P/E ratio of -2.10.

Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $2.67, reflecting a 7.9% upside.

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Kosmos Energy Ltd. engages in the exploration, development, and production of oil and gas. The firms assets include production offshore Ghana, Equatorial Guinea and U.S. Gulf of Mexico, as well as a gas development offshore Mauritania and Senegal. It also maintains a sustainable exploration program balanced between proven basin infrastructure-led exploration, emerging basins, and frontier basins. The company was founded by Brian F. Maxted on April 23, 2003 and is headquartered in Dallas, TX.

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