Should I keep Kosmos Energy Ltd. (KOS)?
Hotchkis & WileyThe investment management company has released its 4th quarter 2024 investor letter “Hotchkis & Wiley Mid-Cap Value Fund.” A copy of a letter can do so I downloaded it from here. The Hotchkis & Wiley Mid -Cap Value Fund is performing a -1.75% return in the fourth quarter, returning -2.39%. The portfolio performed the index over the 2024 calendar year. Like the previous year, value stock was behind the growth counterparts in 2024.
In its fourth quarter 2024 investor letter, Hotchkis & Wiley Mid-Cap Value Fund highlighted stocks such as Kosmos Energy Ltd. (NYSE:kos). Founded in 2003, Kosmos Energy Ltd. (NYSE: KOS) is a deep sea exploration and production company. Kosmos Energy Ltd. (NYSE: KOS)’s one-month return was -11.20%, with its shares losing 62.12% of its value in the past 52 weeks. On March 28, 2025, Kosmos Energy Ltd. (NYSE: KOS) shares closed at $2.22 per share, earning a market capitalization of $1.061 billion.
The Hotchkis & Wiley Mid-Cap Value Fund stated in its fourth quarter 2024 investor letter regarding Kosmos Energy Ltd. (NYSE: KOS).
“Kosmos Energy Ltd. (NYSE: KOS) is offshore with an focus on independent exploration and production companies. In addition to existing production, KOS is liquefiing natural gas assets scheduled to begin production in 2024, as well as a platform that acquires and operates additional offshore resources. Performance was negatively affected by reports that the company stated it was interested in obtaining its competitor Tullow Oil. The report was then rejected and rebounded modestly, although not sufficient for a full recovery. Cosmos continues to believe that they enjoy a competitive advantage due to the expertise they need to explore, discover and operate offshore assets. We also believe that the stock is significantly undervalued, as it does not fully reflect the company’s existing production value. ”
It illustrates the oil and gas exploration process, a drilling platform in the middle of the ocean.
Kosmos Energy Ltd. (NYSE: KOS) is not on our list 30 Most Popular Stocks of Hedge Funds. According to the database, the 27 hedge fund portfolio held Kosmos Energy Ltd. (NYSE: KOS) at the end of the fourth quarter compared to 27 in the third quarter. While we acknowledge the potential of Kosmos Energy Ltd. (NYSE: KOS) as an investment, our belief lies in the belief that AI stocks provide higher returns and hold a greater commitment to doing it within a shorter time frame. If you’re looking for AI stocks that are as promising as Nvidia, but trade less than five times its earnings, Cheapest AI stocks.