Kosmos Energy reported a record quarterly production of approximately 74,800 barrels of oil equivalent per day in Q1 2026, a 25% increase from the previous year, driven by ramp-ups at Greater Tortue Ahmeyim and new wells at Jubilee. Despite this, the company posted a net loss of $226 million, or $0.45 per share, though adjusted net loss was $36 million, reflecting cost reductions and strategic asset sales. Kosmos also completed a $350 million bond offering and a $200 million equity raise to accelerate debt repayment, with plans to reduce net debt by about 20% in 2026. The company is advancing growth projects like the Tiberius development and expanding LNG capacity, positioning itself to benefit from higher oil prices and improved cash flow.
During week 30 of 2026 (July 20-24), Sampo Oyj bought back a total of 1,352,794 of its A-shares at a weighted average price of €9.60 per share. This share buyback is part of a program authorized by the company's general meeting on April 22, 2026, wit...
InterContinental Hotels Group PLC repurchased 1,000 of its ordinary shares on July 24, 2026, through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from $153.20 to $156.00, with an average price of ...
On July 26, an attacker exploited owner privileges in WEMIX's stablecoin contract to mint about 5.23 million unauthorized WEMIX$ tokens, worth roughly $724,000 in converted assets. WEMIX responded by suspending bridges, liquidity pools, and related s...
Bitcoin exchange-traded funds (ETFs) attracted $33 million in net inflows last week, marking a reversal from earlier 2026 outflows. This renewed investor interest in Bitcoin through traditional markets suggests growing confidence in the asset. Market...
Charter Communications is currently valued below 1x adjusted EBITDA amid challenges like customer losses and fiber competition. However, growth in mobile subscribers and network upgrades support a positive long-term outlook. The company boasts a stro...
