Name of opportunity: 👀
Kosmos Energy Ltd.
Price surge ‼️
Kosmos Energy has risen in price over the past day by 19.19%. The price increase could be because the company walked away from a deal with Tullow Oil, which seemed to have caught the interest of investors.
Kosmos Energy is a growth stock, meaning it reinvests its profits to help grow the business. Kosmos has a low price-to-earnings ratio and price to book value, which might suggest the potential for future growth. Analysts are currently calling this stock a ‘buy’.
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of Kosmos Energy Ltd. might increase from $3.23 to $7.79 in the next 12 months. If you invested $1000, you might profit $1410.99.
One reason why Kosmos Energy has gone up in price today might be because they recently declined a deal with another oil company, Tullow Oil. Tullow attempted to acquire Kosmos, which reportedly could have resulted in the companies producing over 130,000 barrels of oil equivalent per day.
Kosmos has not specified why they have turned the deal down, and this announcement came less than a week after the companies were reported to be discussing a deal between them.
Kosmos deciding to reject the deal might have attracted investors because it makes the company appear confident and might suggest that Kosmos management believe Tullow Oil’s offer undervalued the company with their offer.
American oil company 🛢️
Kosmos Energy, Ltd is an American upstream oil company that is headquartered in Dallas, Texas, United States. The company was founded in 2003. Kosmos was previously incorporated in Bermuda, and has since re-incorporated in the state of Delaware.
Which neme?: 🔍
‘Top Gainers Today’, ‘Stocks On The Move’.
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