10 Overlooked Energy Stocks to Buy Now

6. Kosmos Energy Ltd. (NYSE:KOS)

Forward Price-to-Earnings: 8.94

Number of Hedge Fund Holders: 24

With a forward-price-to-earnings multiple under 15x and significant hedge fund interest, Kosmos Energy Ltd. (NYSE:KOS) secures a spot on our list of the 10 Overlooked Energy Stocks to Buy Now.

Kosmos Energy Ltd. (NYSE:KOS) reported its Q2 2025 earnings, where it recorded a net loss of $88 million, or $0.18 per share, and an adjusted net loss of $93 million, or $0.19 per share. Meanwhile, the production averaged around 63,500 boepd, yielding $393 million in revenue. While the company recorded a net loss, it secured key wins during the quarter, including achieving commercial operations date on the Gimi FLNG vessel at the Greater Tortue Ahmeyim (GTA) LNG project and delivering 3.5 LNG cargoes in the quarter. The company ended the quarter with $45 million in free cash flow and reduced capital spending guidance from $400 million to roughly $350 million.

Following the earnings release, Bank of America reiterated its ‘Buy’ rating on Kosmos Energy Ltd. (NYSE:KOS) with a $4.20 price target on August 5, citing strong growth potential. Meanwhile, Bernstein maintained its ‘Hold’ rating with a $2.00 target.

With its operations based in West Africa and the Gulf of America, Kosmos Energy Ltd. (NYSE:KOS) is focused on deep-water oil and gas exploration and production. It is included in our list of the Overlooked Stocks.