Talos Energy Inc

Talos Energy, Inc. operates as a holding company. The firm engages in the exploration and production of oil and natural gas. It focuses on the exploration, acquisition, exploitation and development of shallow and deepwater assets near existing infrastructure in the United State Gulf of Mexico. The company was founded by John A. Parker, Stephen E. Heitzman and Timothy S. Duncan in 2012 and is headquartered in Houston, TX.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

Talos Energy excels in 2022, eyes growth through strategic investments

Talos Energy's strong financial performance, strategic focus on debt reduction, and growth investments position the company for value creation in 2023.
While challenges exist in project evaluations and regulatory processes, opportunities in high-impact projects and CCS initiatives present avenues for growth and sustainability.
The company's emphasis on operational excellence, financial discipline, and environmental initiatives underscores its commitment to long-term value creation and stakeholder returns.

Talos Energy reports Q1 challenges, aims for growth opportunities

Talos Energy navigated operational challenges in Q1, impacting drilling results and production guidance. The company reported strong financial performance with revenue of $323 million and adjusted EBITDA of $203 million.
Despite challenges, Talos is focused on enhancing well performance, reducing leverage, and pursuing strategic acquisitions. The company aims to exceed 80,000 boe/d next year and capitalize on opportunities in the Gulf of Mexico and CCS business.
With a focus on operational efficiency and long-term value creation, Talos Energy is strategically positioning itself for growth. The company's emphasis on balancing near-term challenges with shareholder value underscores its commitment to sustainable growth and performance optimization.

Talos Energy excels in Q2 2023, prioritizes debt reduction

Talos Energy delivered strong financial performance, operational achievements, and progress in sustainability initiatives in Q2 2023.
The company's strategic focus on debt reduction, free cash flow generation, and innovation underscores its resilience and adaptability.
While facing challenges in debt management and market dynamics, Talos remains poised to leverage opportunities for growth and value creation.
With a solid foundation, operational flexibility, and a commitment to sustainability, Talos is well-positioned for future success and value creation.

Talos Energy advances operations and partnerships amidst production challenges

Talos Energy's Q3 performance reflects operational progress and growth strategies amidst challenges like production interruptions and cost inflation. Strategic partnerships, focus on risk management, and expertise in key projects position the company for future success. Opportunities in M&A, CCS projects, and leveraging acreage drive value creation and growth potential.

Talos Energy reports strong Q4 performance, eyes growth opportunities

Talos Energy Inc's Q4 showcased robust financials, strategic acquisitions, and debt reduction focus. Challenges include project delays and strategic decision-making. Opportunities lie in regulatory progress and business expansion.

Talos Energy reports record production and explores growth opportunities

Talos Energy's Q3 2024 performance reflects operational strength and financial discipline.
While facing challenges in control environment and CEO transition, the company is poised for growth.
Exploration successes and strategic focus on debt reduction position Talos for future opportunities.

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HOUSTON, May 27, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today provided an update on its ongoing Environmental, Social and Governance ("ESG") initiatives. The Company further strengthened its ESG commitments with the establishment of long-term emissions reductions targets and further linked executive compensation to ESG performance.

Talos Energy Provides Update On ESG Initiatives Ahead Of Annual ESG Report

HOUSTON, May 21, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today provided an interim update regarding the unitization process for the Company's Zama discovery in offshore Mexico. Talos's interim update clarifies information recently disclosed by Petróleos Mexicanos ("Pemex") in its Annual Report.

Talos Energy Provides Interim Zama Unitization Update

Talos Energy, Inc. (TALO) CEO Tim Duncan on Q1 2021 Results - Earnings Call Transcript

HOUSTON, May 5, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for the first quarter of 2021. Key Highlights: Successful high-impact sub-salt Miocene deepwater exploration discovery at Puma West, located approximately 15 miles from the prolific Mad Dog field.

Talos Energy Announces First Quarter 2021 Results

Talos Energy (TALO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Talos Energy (TALO) Q1 Earnings Expected to Decline

HOUSTON, April 27, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced the nomination of Paula R. Glover for election to the Talos Board of Directors.

Talos Energy Announces Nomination Of Paula R. Glover To Board Of Directors

HOUSTON, April 21, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) intends to release first quarter 2021 results for the period ended March 31, 2021 on Wednesday, May 5, 2021 after the U.S. financial market closes. In addition to this release, Talos will host a conference call, which will be broadcast live over the internet, on Thursday, May 6, 2021 at 11:00 AM Eastern Time (10:00 AM Central Time).

Talos Energy To Announce First Quarter 2021 Results On May 5, 2021 And Host Earnings Conference Call On May 6, 2021

HOUSTON, April 13, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE:TALO), along with affiliates of bp plc ("bp") and Chevron U.S.A. Inc. ("Chevron") (collectively, the "Co-Owners") today announced successful drilling results from the Puma West exploration project located in the U.S. Gulf of Mexico Green Canyon Block 821.

Talos Energy Announces Successful Exploration Results At Puma West

Talos Energy (TALO) states that the unitization process of the Zama oil field will move on to the next phase despite their failed efforts to get a deal in due time, which ended on Mar 25.

Talos Energy's (TALO) Zama Oilfield to Continue Unitizing Process

HOUSTON, March 26, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos," or the "Company") (NYSE: TALO) today announced that the unitization process of the Zama field will enter its next phase, as established in Mexican regulation. The Mexican Ministry of Energy ("SENER") is now required to propose finalized terms of a Unitization and Unit Operating Agreement ("UUOA") based on international best practices and considering inputs from the parties.

Zama Field Unitization Process Continues, Led by Mexico's Ministry of Energy

Talos Energy's (TALO) CEO Tim Duncan on Q4 2020 Results - Earnings Call Transcript

HOUSTON, March 10, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for the fourth quarter and full year 2020. The Company also announced its year-end 2020 reserves figures as well as 2021 operational and financial guidance.

Talos Energy Announces Fourth Quarter And Full Year 2020 Results And Provides 2021 Guidance

HOUSTON, Feb. 9, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) intends to release fourth quarter and full year 2020 results for the period ended December 31, 2020 on Wednesday, March 10, 2021 after the U.S. financial market closes. In addition to this...

Talos Energy To Announce Fourth Quarter And Full Year 2020 Results On March 10, 2021 And Host Earnings Conference Call On March 11, 2021

HOUSTON, Jan. 14, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced that the Company has completed a series of capital markets activities to refinance the Company's near-term bond maturities, significantly enhance liquidity and provide the...

Talos Energy Completes Comprehensive Refinancing And Liquidity Enhancing Activities

HOUSTON, Jan. 11, 2021 /PRNewswire/ -- Talos Energy Inc. (the "Company" or "Talos Energy") (NYSE: TALO) today announced that Talos Production Inc. (the "Issuer"), a wholly owned subsidiary of the Company, has priced an upsized offering (the "Offering") of $150 million in aggregate...

Talos Energy Announces Pricing Of Upsized Offering Of $150 Million Of Additional Second-Priority Senior Secured Notes Due 2026

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HOUSTON, Dec. 17, 2020 /PRNewswire/ -- Talos Energy Inc. ("Talos Energy") (NYSE: TALO) today announced that Talos Production Inc. (the "Company"), a wholly owned subsidiary of Talos Energy, has priced an upsized offering (the "Offering") of $500 million in aggregate principal amount of...

Talos Energy Announces Pricing Of Upsized Offering Of $500 Million Of Second-Priority Senior Secured Notes Due 2026

Recent equity placement enhances liquidity and demonstrates access to capital markets which may enhance Talos' position in Zama unitization negotiations with PEMEX. However, the placing at a 15% discount to closing price was disheartening for investors who were assured in September the company could "thrive" with then current capital resources.

Talos Energy: Fairly Valued, Awaiting Resolution On Zama

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HOUSTON, Dec. 14, 2020 /PRNewswire/ -- Talos Energy Inc. ("Talos Energy") (NYSE: TALO) today announced that Talos Production Inc. (the "Company"), a wholly owned subsidiary of Talos Energy, has commenced an offering (the "Offering") of $400 million in aggregate principal amount of new...

Talos Energy Announces Proposed Offering of $400 Million of Second-Priority Senior Secured Notes Due 2026

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HOUSTON, Dec. 7, 2020 /PRNewswire/ -- Talos Energy Inc. ("Talos," or the "Company") (NYSE: TALO) today announced that its borrowing base has been successfully reaffirmed at its current level of $985 million following the Company's semi-annual redetermination process. Separately, Talos...

Talos Energy Announces Successful Borrowing Base Redetermination Results, Updated Audited Reserves Figures And Revised Fourth Quarter 2020 Operational And Financial Guidance

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