Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Josh Enomoto

Kosmos Energy (KOS) Gets a Boost Amid Crude Surge and Unusual Options Activity

For investors seeking the most pragmatically cynical play, it’s tough not to consider the crude oil market. On Friday, oil prices soared amid worries about escalating violence in the Middle East, with Israel launching an attack on Iranian nuclear and military targets. Fundamentally, the anxieties center on the potential disruption of crude flows around the world. In turn, several hydrocarbon specialists have witnessed a valuation spike.

Among the top beneficiaries is Kosmos Energy (KOS). Operating in the exploration and production segment of the hydrocarbon value chain, Kosmos focuses on underexplored regions in Africa. One of the smaller enterprises in the field, the company carries a market capitalization of a little over $1 billion. Further, KOS stock is priced at $2.25 as of Friday’s close, making it incredibly speculative.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.