Kosmos Energy (KOS) Shot Up This Week. Here is Why

The share price of Kosmos Energy Ltd. (NYSE:KOS) surged by 38.04% between January 7 and January 14, 2026, putting it among the Energy Stocks that Gained the Most This Week.

Kosmos Energy (KOS) Shot Up This Week. Here is Why

Kosmos Energy Ltd. (NYSE:KOS) is a leading deepwater exploration and production company focused on meeting the world’s growing demand for energy.

Kosmos Energy Ltd. (NYSE: KOS) continued its rally after reporting significant progress in its West African assets on January 5. Kosmos revealed that it had successfully drilled and completed its second producer well (J-74) in the 2025-2026 Jubilee field development campaign in Ghana. When it comes online shortly, the well is expected to produce over 10,000 barrels of oil per day (bopd), taking Jubilee’s total output to nearly 70,000 bopd.

Moreover, Kosmos Energy Ltd. (NYSE:KOS) announced that it had received the Ghanaian government’s approval for license extensions for its West Cape Three Points and Deep Water Tano Petroleum Agreements. The agreements will now be extended till 2040, once they are formally ratified by the country’s parliament.

Lastly, Kosmos Energy Ltd. (NYSE:KOS) reported that its GTA LNG project in Mauritania and Senegal operated at a nameplate capacity of 2.7 mtpa in December 2025, achieving a peak production rate of about 3 mtpa. While the project completed 18.5 gross LNG cargos and one condensate cargo last year, it expects cargo lifting to nearly double in 2026.

However, despite the recent rally, the share price of Kosmos Energy Ltd. (NYSE:KOS) has fallen by more than 66% over the last year.

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Disclosure: None.