5 Top Performing Energy Stocks in January 2023

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In this article, we will take a look at the 5 top performing energy stocks in January 2023. To see more such companies, go directly to 12 Top Performing Energy Stocks in January 2023.

5. Kosmos Energy Ltd. (NYSE:KOS)

Performance in January: +32%

Texas-based upstream energy company Kosmos Energy Ltd. (NYSE:KOS) ranks 5th in our list of top performing energy stocks in January 2023. In November 2022, Kosmos Energy Ltd. (NYSE:KOS) posted its third quarter results. Adjusted EPS in the quarter totaled $0.19. Revenue in the period increased 127.4% to total $456.1 million. Net capital expenditure for the third quarter came in at $203 million. Kosmos Energy Ltd. (NYSE:KOS) said that for the full-year 2022, it expects its capital expenditure to total $700 million, excluding acquisitions and divestitures. Its FY22 production guidance was 63,000 – 65,000 boe per day.

As of the end of the third quarter, 30 hedge funds out of Insider Monkey’s 920 funds had stakes in Kosmos Energy Ltd. (NYSE:KOS). The net worth of these stakes was about $224 million. The biggest stakeholder of Kosmos Energy Ltd. (NYSE:KOS) was Len Kipp and Xavier Majic’s Maple Rock Capital which owns a $60 million stake in Kosmos Energy Ltd. (NYSE:KOS).

  

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