Kosmos Energy Ltd. (NYSE:KOS) Q3 2022 Earnings Conference Call November 7, 2022 11:00 AM ET

Company Participants

Jamie Buckland - Vice President, Investor Relations

Andy Inglis - Chief Executive Officer

Neal Shah - Senior Vice President and Chief Financial Officer

Conference Call Participants

Neil Mehta - Goldman Sachs

Bob Brackett - Bernstein Research

Charles Meade - Johnson Rice & Company

Alex Smith - Investec

James Hosie - Barclays

James Carmichael - Berenberg

Mark Wilson - Jefferies

Operator

Greeting and welcome to the Kosmos Energy Third Quarter 2022 Earnings Call. At this time all participants’ are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I’d now like to turn the call over to Jamie Buckland, Vice President of Investor Relations. Thank you. You may begin.

Jamie Buckland

Thank you, operator, and thanks to everyone for joining us today. This morning, we issued our third quarter earnings release. This release and the slide presentation to accompany today's call are available on the Investors page of our website. Joining me on the call today to go through the materials are, Andy Inglis, Chairman and CEO; and Neal Shah, CFO.

During today's presentation, we will make forward-looking statements that refer to our estimates, plans, and expectations. Actual results and outcomes could differ materially due to factors we note in this presentation and in our U.K. and SEC filings. Please refer to our Annual Report, stock exchange announcement, and SEC filings for more details. These documents are available on our website.

At this time, I will turn the call over to Andy.

Andy Inglis

Thanks, Jamie and good morning and afternoon to everyone. Thank you for joining us today for our third quarter results call. I'd like to start today's presentation with a few comments on the macro environment and the roll Kosmos imply in addressing the energy challenges the world is facing. I'll then give an update on the quarter and a progress report on the oil & gas development project we have across the portfolio. I'll then hand over to Neal to talk through the financials before I wrap up today's presentation and we open the call for Q&A.

Moving to slide three, the world is grappling with a need for affordable, secure and cleaner energy with a balanced approach required to address the three dimensions. Kosmos has the right strategy and portfolio at the right time to be part of the solution. We have a strong oil weighted portfolio that can supply more of the energy the world need today. We're investing in growing oil supply in each of our core production hubs with an emphasis on high graded projects of yield, of low cost, lower carbon barrel that are highly cash generative.