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KOS - Consider Buying Kosmos Energy After The Dry Hole
Kosmos Energy Ltd.
Kosmos Energy (KOS) is an NYSE-listed offshore operator. Unlike the majors and other large companies, this company is relatively small.
Source: Seeking Alpha Website January 13, 2020.
The result of this small size means that every announcement has an impact on the stock price. Those who love to trade can get onboard after bad news because another sizable well is always in the near future. The latest news was that the Resolution exploration well found water. The result of that announcement and the accompanying $55 million charge is shown above. The roller coaster