Aug. 4 at 12:43 PM
$KOS well, Q2 went exactly as anticipated. They were underlifted in Q1, so this quarter was a wash as Q1 & Q2 sales revenue balanced. They cut capex further because they're still operating at a loss.
With that said, they managed to find a sucker to give them
$250 million dollars to refinance their April 2026 senior note. So for the Bulls, the dumpster fire gets to keep smoldering along.