Sensata Technologies Appoints Andrew Lynch as Executive Vice President and Chief Financial Officer
Stephan Von Schuckmann, CEO stated, 'Having originally joined Sensata in 2009, Andrew has a solid track record of successive promotions and significant contributions to the company and is perfectly suited for his new role as our Chief Financial Officer. In addition to his depth of experience, Andrew brings financial acumen, strategic insight, and focus. The Board and I are confident that Andrew will be a key contributor to our efforts to continuously improve financial results and build shareholder value over the long term.'
Andrew Lynch, CFO said, 'I want to thank Stephan and the Board for this opportunity. I am excited to take on this new responsibility and I look forward to continuing to work with our leadership, customers, suppliers, and investors with whom I have built strong relationships over the years. We have significant value creation opportunities available to us, and with the right focus and rigor, I am confident that we can successfully capitalize on those opportunities.'
About Andrew Lynch
Mr. Lynch most recently served as Interim CFO. He previously served as Vice President, Finance for the Performance Sensing Segment since 2023 and has led Sensata's investor relations function since 2024. Previously, he was Vice President, Finance, for the Sensing Solutions Segment from 2021 to 2023. From 2019 to 2023 he served as regional CFO for Europe, where he was responsible for all finance and accounting matters across the region. In 2016 he was promoted to Finance Director for the HVOR business and later assumed additional responsibility for the Aerospace business. In 2011, he was promoted to Corporate Accounting Manager and in 2014 promoted to Integration Controller. He joined Sensata in 2009.
Andrew holds a Bachelor of Science degree in Corporate Finance and Accounting from Bentley University.
About Sensata Technologies
Sensata Technologies is a global industrial technology company striving to create a safer, cleaner, more efficient and electrified world. Through its broad portfolio of mission-critical sensors, electrical protection components and sensor-rich solutions, Sensata helps its customers address increasingly complex engineering and operating performance requirements. With more than 18,000 employees and global operations in 14 countries, Sensata serves customers in the automotive, heavy vehicle & off-road, industrial, and aerospace markets. Learn more at www.sensata.com and follow Sensata on LinkedIn, Facebook, X and Instagram.
Safe Harbor Statement
This news release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terminology such as "may," "will," "could," "should," "expect," "anticipate," "believe," "estimate," "predict," "project," "forecast," "continue," "intend," "plan," "potential," "opportunity," "guidance," and similar terms or phrases. Forward-looking statements involve, among other things, expectations, projections, and assumptions about future financial and operating results, objectives, business and market outlook, megatrends, priorities, growth, shareholder value, capital expenditures, cash flows, demand for products and services, share repurchases, and Sensata's strategic initiatives, including those relating to acquisitions and dispositions and the impact of such transactions on our strategic and operational plans and financial results. These statements are subject to risks, uncertainties, and other important factors relating to our operations and business environment, and we can give no assurances that these forward-looking statements will prove to be correct.
A wide variety of potential risks, uncertainties, and other factors could materially affect our ability to achieve the results either expressed or implied by these forward-looking statements, including, but not limited to, risks related to public health crises, instability and changes in the global markets, supplier interruption or non-performance, the acquisition or disposition of businesses, adverse conditions or competition in the industries upon which we are dependent, intellectual property, product liability, warranty, and recall claims, market acceptance of new product introductions and product innovations, labor disruptions or increased labor costs, and changes in existing environmental or safety laws, regulations, and programs.
Investors and others should carefully consider the foregoing factors and other uncertainties, risks, and potential events including, but not limited to, those described in Item 1A: Risk Factors in our most recent Annual Report on Form 10-K and as may be updated from time to time in Item 1A: Risk Factors in our quarterly reports on Form 10-Q or other subsequent filings with the United States Securities and Exchange Commission. All such forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update these statements other than as required by law.
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The operator expects the first replacement pump to be installed in the fourth quarter with production expected to rise thereafter. Conference Call and Webcast Information Kosmos will host a conference call and webcast to discuss second quarter 2025 financial and operating results today, August 4, 2025, at 10:00 a.m. Central time (11:00 a.m. Eastern time). The live webcast of the event can be accessed on the Investors page of Kosmos' website at The dial-in telephone number for the call is +1-877-407-0784. Callers in the United Kingdom should call 0800 756 3429. Callers outside the United States should dial +1-201-689-8560. A replay of the webcast will be available on the Investors page of Kosmos' website for approximately 90 days following the event. About Kosmos Energy Kosmos Energy is a leading deepwater exploration and production company focused on meeting the world's growing demand for energy. We have diversified oil and gas production from assets offshore Ghana, Equatorial Guinea, Mauritania, Senegal and the Gulf of America. Additionally, in the proven basins where we operate we are advancing high-quality development opportunities, which have come from our exploration success. Kosmos is listed on the NYSE and LSE and is traded under the ticker symbol KOS. As an ethical and transparent company, Kosmos is committed to doing things the right way. The Company's Business Principles articulate our commitment to transparency, ethics, human rights, safety and the environment. Read more about this commitment in the Kosmos Sustainability Report. For additional information, visit Non-GAAP Financial Measures EBITDAX, Adjusted net income (loss), Adjusted net income (loss) per share, free cash flow, and net debt are supplemental non-GAAP financial measures used by management and external users of the Company's consolidated financial statements, such as industry analysts, investors, lenders and rating agencies. The Company defines EBITDAX as Net income (loss) plus (i) exploration expense, (ii) depletion, depreciation and amortization expense, (iii) equity based compensation expense, (iv) unrealized (gain) loss on commodity derivatives (realized losses are deducted and realized gains are added back), (v) (gain) loss on sale of oil and gas properties, (vi) interest (income) expense, (vii) income taxes, (viii) debt modifications and extinguishments, (ix) doubtful accounts expense and (x) similar other material items which management believes affect the comparability of operating results. The Company defines Adjusted net income (loss) as Net income (loss) adjusted for certain items that impact the comparability of results. The Company defines free cash flow as net cash provided by operating activities less Oil and gas assets, Other property, and certain other items that may affect the comparability of results and excludes non-recurring activity such as acquisitions, divestitures and National Oil Company ("NOC") financing. NOC financing refers to the amounts funded by Kosmos under the Carry Advance Agreements that the Company has in place with the national oil companies of each of Mauritania and Senegal related to the financing of the respective national oil companies' share of certain development costs at Greater Tortue Ahmeyim. The Company defines net debt as total long-term debt less cash and cash equivalents and total restricted cash. We believe that EBITDAX, Adjusted net income (loss), Adjusted net income (loss) per share, free cash flow, Net debt and other similar measures are useful to investors because they are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in the oil and gas sector and will provide investors with a useful tool for assessing the comparability between periods, among securities analysts, as well as company by company. EBITDAX, Adjusted net income (loss), Adjusted net income (loss) per share, free cash flow, and net debt as presented by us may not be comparable to similarly titled measures of other companies. This release also contains certain forward-looking non-GAAP financial measures, including free cash flow. Due to the forward-looking nature of the aforementioned non-GAAP financial measures, management cannot reliably or reasonably predict certain of the necessary components of the most directly comparable forward-looking GAAP measures, such as future impairments and future changes in working capital. Accordingly, we are unable to present a quantitative reconciliation of such forward-looking non-GAAP financial measures to their most directly comparable forward-looking GAAP financial measures. Amounts excluded from these non-GAAP measures in future periods could be significant. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Kosmos expects, believes or anticipates will or may occur in the future are forward-looking statements. Kosmos' estimates and forward-looking statements are mainly based on its current expectations and estimates of future events and trends, which affect or may affect its businesses and operations. Although Kosmos believes that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made in light of information currently available to Kosmos. When used in this press release, the words 'anticipate,' 'believe,' 'intend,' 'expect,' 'plan,' 'will' or other similar words are intended to identify forward-looking statements. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Kosmos, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Further information on such assumptions, risks and uncertainties is available in Kosmos' Securities and Exchange Commission ('SEC') filings. Kosmos undertakes no obligation and does not intend to update or correct these forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by applicable law. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement. Kosmos Energy Ltd. Condensed Consolidated Balance Sheets (In thousands, unaudited) June 30, December 31, 2025 2024 Assets Current assets: Cash and cash equivalents $ 51,694 $ 84,972 Receivables, net 117,819 164,959 Other current assets 193,867 196,201 Total current assets 363,380 446,132 Property and equipment, net 4,357,812 4,444,221 Other non-current assets 491,814 418,635 Total assets $ 5,213,006 $ 5,308,988 Liabilities and stockholders' equity Current liabilities: Accounts payable $ 312,928 $ 349,994 Accrued liabilities 240,585 244,954 Current maturities of long-term debt 250,000 — Other current liabilities 5,770 — Total current liabilities 809,283 594,948 Long-term liabilities: Long-term debt, net 2,600,553 2,744,712 Deferred tax liabilities 314,359 313,433 Other non-current liabilities 471,027 455,471 Total long-term liabilities 3,385,939 3,513,616 Total stockholders' equity 1,017,784 1,200,424 Total liabilities and stockholders' equity $ 5,213,006 $ 5,308,988 Expand Kosmos Energy Ltd. Condensed Consolidated Statements of Cash Flow (In thousands, unaudited) Three Months Ended Six Months Ended June 30, June 30, 2025 2024 2025 2024 Operating activities: Net income (loss) $ (87,740 ) $ 59,770 $ (198,346 ) $ 151,456 Adjustments to reconcile net income to net cash provided by operating activities: Depletion, depreciation and amortization (including deferred financing costs) 153,157 92,350 275,708 195,677 Deferred income taxes (175 ) 12,515 1,636 5,199 Unsuccessful well costs and leasehold impairments (1,741 ) 2,219 162 2,685 Change in fair value of derivatives (15,469 ) (5,904 ) (7,883 ) 21,106 Cash settlements on derivatives, net(1) 5,787 (1,172 ) 6,281 (7,366 ) Equity-based compensation 7,346 10,487 15,707 17,815 Gain on sale of assets (600 ) — (600 ) — Debt modifications and extinguishments — 22,531 — 22,531 Other (2,909 ) (6,280 ) (8,506 ) (11,988 ) Changes in assets and liabilities: Net changes in working capital 69,512 37,141 42,121 99,105 Net cash provided by operating activities 127,168 223,657 126,280 496,220 Investing activities Oil and gas assets (82,521 ) (238,171 ) (172,766 ) (552,993 ) Notes receivable and other investing activities (42,743 ) (47 ) (86,791 ) (2,575 ) Net cash used in investing activities (125,264 ) (238,218 ) (259,557 ) (555,568 ) Financing activities: Borrowings under long-term debt 100,000 — 200,000 175,000 Payments on long-term debt (100,000 ) (50,000 ) (100,000 ) (350,000 ) Net proceeds from issuance of senior notes — — — 390,430 Purchase of capped call transactions — — — (49,800 ) Other financing costs (1 ) (19,234 ) (1 ) (30,925 ) Net cash provided by (used in) financing activities (1 ) (69,234 ) 99,999 134,705 Net increase (decrease) in cash, cash equivalents and restricted cash 1,903 (83,795 ) (33,278 ) 75,357 Cash, cash equivalents and restricted cash at beginning of period 50,096 257,913 85,277 98,761 Cash, cash equivalents and restricted cash at end of period $ 51,999 $ 174,118 $ 51,999 $ 174,118 Expand ___________________________ (1) Cash settlements on commodity hedges were $11.4 million and $(4.5) million for the three months ended June 30, 2025 and 2024, respectively, and $9.7 million and $(7.4) million for the six months ended June 30, 2025 and 2024, respectively. Expand Kosmos Energy Ltd. EBITDAX (In thousands, unaudited) Three Months Ended Six months ended Twelve Months Ended June 30, 2025 June 30, 2024 June 30, 2025 June 30, 2024 June 30, 2025 Net income (loss) $ (87,740 ) $ 59,770 $ (198,346 ) $ 151,456 $ (159,951 ) Exploration expenses 4,069 13,235 13,738 25,295 108,350 Depletion, depreciation and amortization 151,268 90,094 271,935 191,022 537,687 Equity-based compensation 7,346 10,487 15,707 17,815 35,843 Derivatives, net (21,566 ) (2,852 ) (14,834 ) 20,970 (23,705 ) Cash settlements on commodity derivatives 11,414 (4,489 ) 9,664 (7,423 ) 4,600 Other expenses, net(1) 6,481 2,162 8,470 4,191 21,982 Gain on sale of assets (600 ) — (600 ) — (600 ) Interest and other financing costs, net 54,834 37,279 106,676 53,727 141,547 Income tax expense 23,980 75,354 40,555 125,637 74,879 EBITDAX $ 149,486 $ 281,040 $ 252,965 $ 582,690 $ 740,632 ___________________________ Expand The following table presents our net debt as of June 30, 2025 and December 31, 2024: Kosmos Energy Ltd. Adjusted Net Income (Loss) (In thousands, except per share amounts, unaudited) Three Months Ended Six Months Ended June 30, June 30, 2025 2024 2025 2024 Net income (loss) $ (87,740 ) $ 59,770 $ (198,346 ) $ 151,456 Derivatives, net (21,566 ) (2,852 ) (14,834 ) 20,970 Cash settlements on commodity derivatives 11,414 (4,489 ) 9,664 (7,423 ) Gain on sale of assets (600 ) — (600 ) — Other, net(2) 6,364 2,130 8,029 3,927 Debt modifications and extinguishments — 22,531 — 22,531 Total selected items before tax (4,388 ) 17,320 2,259 40,005 Income tax (expense) benefit on adjustments(1) (569 ) 3,392 (2,034 ) (3,917 ) Impact of valuation adjustments and other tax items — — — (7,963 ) Derivatives, net (0.05 ) (0.01 ) (0.03 ) 0.04 Cash settlements on commodity derivatives 0.02 (0.01 ) 0.02 (0.02 ) Gain on sale of assets — — — — Other, net(2) 0.02 — 0.02 0.01 Debt modifications and extinguishments — 0.05 — 0.05 Total selected items before tax (0.01 ) 0.03 0.01 0.08 Income tax (expense) benefit on adjustments(1) — 0.02 (0.01 ) (0.01 ) Impact of valuation adjustments and other tax items — — — (0.02 ) Expand ___________________________ (1) Income tax expense is calculated at the statutory rate in which such item(s) reside. Statutory rates for the U.S., Equatorial Guinea and Ghana are 21%, 25% and 35%, respectively. Expand Kosmos Energy Ltd. Free Cash Flow (In thousands, unaudited) Three Months Ended Six Months Ended June 30, June 30, 2025 2024 2025 2024 Reconciliation of free cash flow: Net cash provided by operating activities $ 127,168 $ 223,657 $ 126,280 $ 496,220 Net cash used for oil and gas assets - base business (68,886 ) (120,525 ) (109,188 ) (275,385 ) Base business free cash flow 58,282 103,132 17,092 220,835 Net cash used for oil and gas assets - Mauritania/Senegal (13,635 ) (117,646 ) (63,578 ) (277,608 ) Free cash flow $ 44,647 $ (14,514 ) $ (46,486 ) $ (56,773 ) ___________________________ Expand Kosmos Energy Ltd. Operational Summary (In thousands, except barrel and per barrel data, unaudited) Three Months Ended Six Months Ended June 30, June 30, 2025 2024 2025 2024 Net Volume Sold Oil (MMBbl) 5.363 5.210 9.023 10.099 Gas (MMcf) 7.120 4.101 11.292 8.437 NGL (MMBbl) 0.113 0.060 0.204 0.148 Total (MMBoe) 6.663 5.954 11.109 11.653 Total (Mboepd) 73.216 65.423 61.376 64.028 Revenue Oil sales $ 354,518 $ 435,100 $ 624,923 $ 837,217 Gas sales 36,049 14,494 53,678 29,632 NGL sales 2,068 1,306 4,169 3,154 Total oil and gas revenue 392,635 450,900 682,770 870,003 Cash settlements on commodity derivatives 11,414 (4,489 ) 9,664 (7,423 ) Realized revenue $ 404,049 $ 446,411 $ 692,434 $ 862,580 Sales per Bbl/Mcf/Boe Average oil sales price per Bbl $ 66.10 $ 83.51 $ 69.26 $ 82.90 Average gas sales price per Mcf 5.06 3.53 4.75 3.51 Average NGL sales price per Bbl 18.30 21.77 20.44 21.31 Average total sales price per Boe 58.93 75.73 61.46 74.66 Cash settlements on commodity derivatives per Boe 1.71 (0.75 ) 0.87 (0.64 ) Realized revenue per Boe 60.64 74.98 62.33 74.02 Oil and gas production costs per Boe $ 36.49 $ 25.31 $ 36.94 $ 20.97 Expand ___________________________ (1) Includes $69.1 million and $127.2 million for the three and six months ended June 30, 2025, respectively, related to the LNG production at the GTA Phase I project in Mauritania and Senegal. First LNG was achieved in February 2025 and the first LNG cargo was successfully completed in April 2025. Kosmos was underlifted by approximately 0.3 million barrels of oil equivalent (mmboe) as of June 30, 2025. Expand Kosmos Energy Ltd. Hedging Summary As of June 30, 2025 (1) (Unaudited) Weighted Average Price per Bbl 2025: Two-way collars Dated Brent 4,000 $ 60.00 — $ 74.94 Three-way collars Dated Brent 1,000 70.00 55.00 85.00 2026: Two-way collars 1H26 Dated Brent 1,000 $ 60.00 — $ 74.75 Three-way collars FY26 Dated Brent 2,000 60.00 50.00 75.51 Swaps 1H26 Dated Brent 1,000 72.90 — — Swaps FY26 Dated Brent 3,000 70.62 — — Expand ___________________________ (1) Please see the Company's filed 10-Q for additional disclosure on hedging material. Includes hedging position as of June 30, 2025 and hedges put in place through filing date. (2) 'Floor' represents floor price for collars and strike price for purchased puts. Note: Excludes 2.0 MMBbls of sold calls with a strike price of $80.00 per Bbl and 2.0 MMBbls of sold puts with a strike price of $55.00 in 2026. Expand ___________________________ Note: Ghana / Equatorial Guinea / Mauritania & Senegal revenue calculated by number of cargos. (1) 3Q 2025 net cargo forecast – Ghana: 2 cargos / Equatorial Guinea: 0.7 cargo. FY 2025 Ghana: 10 cargos / Equatorial Guinea 2.5-3.0 cargos. Average cargo sizes 950,000 barrels of oil. (2) 3Q 2025 gross cargo forecast - Mauritania & Senegal: 6-8 cargos. FY 2025: 20 cargos. Average cargo size ~170,000 m 3 with Kosmos NRI of ~24%. (3) Gulf of America Production: 3Q 2025 forecast 15,500-17,000 boe per day. FY 2025: 17,000-20,000 boe per day. Oil/Gas/NGL split for 2025: ~83%/~11%/~6%. (4) FY 2025 opex excludes operating costs associated with GTA, which are expected to total approximately $225 - $245 million net ($60 - $70 million in 3Q 2025). These values include cost associated with the FPSO lease which total approximately $60 million FY 2025 and $15 million 3Q 2025. (5) Excludes leasehold impairments and dry hole costs (6) Includes capitalized interest Expand
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Standex International Full Year 2025 Earnings: EPS Misses Expectations
Standex International (NYSE:SXI) Full Year 2025 Results Key Financial Results Revenue: US$790.1m (up 9.6% from FY 2024). Net income: US$55.8m (down 24% from FY 2024). Profit margin: 7.1% (down from 10% in FY 2024). EPS: US$4.68 (down from US$6.26 in FY 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Standex International EPS Misses Expectations Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. The company's shares are up 8.9% from a week ago. Risk Analysis Before we wrap up, we've discovered 4 warning signs for Standex International (1 shouldn't be ignored!) that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
