Kosmos Energy Ltd. (NYSE:KOS) saw its share price increase by 38.04% between January 7 and January 14, 2026. This placed it among the week's top-gaining energy stocks.
The company reported progress on its West African assets earlier this month. On January 5, Kosmos announced the successful drilling and completion of a second producer well, J-74, in the Jubilee field development campaign in Ghana. The well is expected to produce over 10,000 barrels of oil per day when operational, boosting Jubilee's total output to nearly 70,000 barrels per day.
Kosmos also stated it received approval from the Ghanaian government for license extensions for its West Cape Three Points and Deep Water Tano Petroleum Agreements. These agreements will be extended until 2040, pending formal ratification by Ghana's parliament.
In Mauritania and Senegal, the GTA LNG project operated at a nameplate capacity of 2.7 million tonnes per annum in December 2025, reaching a peak production rate of about 3 million tonnes per annum. The project completed 18.5 gross LNG cargos and one condensate cargo last year, with cargo lifting expected to nearly double in 2026.
Despite the recent rally, the share price of Kosmos Energy has fallen by more than 66% over the past year.