Kosmos Energy Ltd., a $1.78 billion market cap energy company, reached a 52-week high of $3.02, marking a significant milestone driven by strong investor confidence. The stock has seen a 92% total return over the past year and a remarkable 222% gain year-to-date. Despite reporting an earnings per share (EPS) of -$0.16, which fell short of the expected -$0.121, and revenue of $296.47 million against an anticipated $325.72 million, the stock reacted positively in pre-market trading. To strengthen its financial position, Kosmos Energy announced a $175 million stock offering aimed at repaying outstanding debt, with an additional option for underwriters to purchase $26.25 million in shares. Furthermore, BofA Securities raised its price target for the company to $1.40 from $1.00, citing higher commodity prices, although it maintained an Underperform rating. These developments underscore Kosmos Energy's strategic financial maneuvers in a fluctuating market environment.