The present paper summarizes analyses of a two-body floating wave energy converter (WEC) to determine the mooring tension and the effect of the mooring system on energy capture. Also, the effect of the power take-off (PTO) is assessed. An axisymmetric Wavebob-type WEC is chosen as the object of investigation. However, the PTO system is modeled in a simplified manner as ideal linear damping and spring terms that couple the motions of the two bodies. The analysis is performed using SIMO, which is a time domain simulation tool that accommodates the simulation of multibody systems with hydrodynamic interactions. In SIMO, docking cone features between the two bodies allow movement as per actual operation, and fenders are applied to represent end stops. Six alternative mooring configurations are applied to investigate the effect of mooring on power capture. Mooring analysis is performed to determine the necessary capacity of mooring lines for each configuration to carry the tension due to the WEC motion in extreme conditions. Hydrodynamic loads are determined using WAMIT. We assumed that the WEC will be operated to capture wave power at the Yeu site in France. The analysis is performed for several regular and irregular wave conditions according to wave data available for that site. Simulations are performed to study the effect of the PTO system, end stops settings and several mooring configurations on power capture.