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

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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, Nov. 3, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for the third quarter of 2021. Key Highlights: Production of 56.5 thousand barrels of oil equivalent per day ("MBoe/d") net (69% oil, 78% liquids), inclusive of Hurricane Ida production deferrals of 10.0 – 11.0 MBoe/d net Talos was named the winning bidder and operator of the Texas General Land Office's ("GLO") Jefferson County carbon storage site, the only major offshore carbon capture and storage ("CCS") site in the United States Net Loss of $16.7 million, inclusive of $81.5 million in commodity hedging losses, or $0.20 Net Loss per diluted share, and Adjusted Net Loss (1) of $3.2 million, inclusive of $71.6 million of realized hedging losses, or $0.04 Adjusted Net Loss per diluted share Adjusted EBITDA(1) of $131.4 million, or approximately $25 per Boe; Adjusted EBITDA excluding hedges of $203.1 million, or approximately $39 per Boe Capital expenditures of $86.2 million Free Cash Flow(1) (before changes in working capital) of $12.8 million President and Chief Executive Officer Timothy S.

Talos Energy Announces Third Quarter 2021 Results

TechnipFMC

TechnipFMC (FTI) is excited to work with Talos to offer offshore CCS solutions that will help decrease carbon footprints as the energy revolution unfolds.

TechnipFMC (FTI), Talos Energy Unite to Provide CCS Solutions

HOUSTON and NEWCASTLE, England, Oct. 18, 2021 /PRNewswire/ -- Talos Energy Inc. (NYSE: TALO) and TechnipFMC (NYSE: FTI) (PARIS: FTI) announced today that they have entered into a long-term strategic alliance to develop and deliver technical and commercial solutions to Carbon Capture and Storage ("CCS") projects along the United States Gulf Coast. The alliance combines Talos's offshore operational strength and sub-surface expertise with TechnipFMC's extended history in subsea engineering, system integration and automation and control.

Talos Energy And TechnipFMC Enter Strategic Alliance To Provide Carbon Capture And Storage

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--Regulatory News: TechnipFMC (NYSE: FTI) (PARIS: FTI) and Talos Energy Inc. (NYSE: TALO) announced today that they have entered into a long-term strategic alliance to develop and deliver technical and commercial solutions to Carbon Capture and Storage (CCS) projects along the United States Gulf Coast. The alliance combines Talos's offshore operational strength and sub-surface expertise with TechnipFMC's extended history in subsea engineering, system integrat

TechnipFMC and Talos Energy Enter Strategic Alliance to Provide Carbon Capture and Storage

HOUSTON, Oct. 12, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today provided selected estimated operational and financial results for the third quarter of 2021, following operational disruptions caused by Hurricane Ida, and updated its production guidance for the fourth quarter and full year 2021. Preliminary estimated results for the third quarter of 2021 include: Average daily production between 56.0 and 56.5 thousand barrels of oil equivalent ("MBoe/d"), inclusive of several weeks of shut-in production resulting from Hurricane Ida.

Talos Energy Provides Third Quarter Operational And Financial Update

HOUSTON, Oct. 11, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) intends to release third quarter 2021 results for the period ended September 30, 2021 on Wednesday, November 3, 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, November 4, 2021 at 10:00 AM Eastern Time (9:00 AM Central Time).

Talos Energy To Announce Third Quarter 2021 Results On November 3, 2021 And Host Earnings Conference Call On November 4, 2021

HOUSTON, Sept. 7, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) again clarified today that the Company's assets were not the source of an oil release in Bay Marchand Block 5, off the coast of Port Fourchon, Louisiana in the U.S. Gulf of Mexico.

Talos Energy Provides Comprehensive Update Regarding Bay Marchand Response In The Gulf Of Mexico

HOUSTON, Sept. 3, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) and Talos International Holdings SCS announced today that they have submitted Notices of Dispute (the "Notices of Dispute") to the Government of Mexico over decisions taken by Mexico's Ministry of Energy ("SENER").

Talos Energy Files Notices Of Dispute Regarding Zama In An Effort To Achieve A Mutually Beneficial Resolution

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Talos Energy (TALO) expects to sequester 225-275 million tons of carbon dioxide from industrial sources in the project area.

Talos Energy (TALO) Acquires CCS Project in Offshore Texas

HOUSTON, Aug. 25, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) announced today that, along with its partner Carbonvert, Inc. ("Carbonvert"), was the sole winning bidder partnership for the Texas General Land Office's ("GLO") Jefferson County, Texas carbon storage site (the "Project Site") located near Beaumont and Port Arthur, Texas. Following finalization of lease documentation, the award will place Talos among a very select group of domestic independent energy companies with a physical project site dedicated to carbon sequestration and storage.

Talos Energy Selected As Winning Bidder For Carbon Capture And Storage Site

Talos Energy (TALO) has been struggling lately, but the selling pressure may be coming to an end soon.

Talos Energy (TALO) Sees Hammer Chart Pattern: Time to Buy?

Talos Energy Inc. (TALO) Timothy Duncan on Q2 2021 Results - Earnings Call Transcript

Talos Energy (TALO) delivered earnings and revenue surprises of -108.33% and 17.77%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Talos Energy (TALO) Reports Q2 Loss, Tops Revenue Estimates

HOUSTON, Aug. 3, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for the second quarter of 2021. Key Highlights: Generated a company-record quarterly production rate of 66.3 thousand barrels of oil equivalent per day ("MBoe/d") net (69% oil, 76% liquids).

Talos Energy Announces Second Quarter 2021 Results

HOUSTON, Aug. 2, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced the addition of an affiliate of DNB ASA ("DNB") to its reserves-based loan ("RBL") syndicate, adding an additional $75 million commitment to the credit facility, resulting in approximately $380 million of pro forma liquidity as of June 30, 2021. DNB has joined the Company's lending syndicate as a Joint Lead Arranger, Joint Bookrunner and Syndication Agent and is the thirteenth commercial bank in the credit facility, the maturity for which was recently extended to November 2024.

Talos Energy Significantly Increases Liquidity With Expansion Of RBL Syndicate

HOUSTON, July 26, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced preliminary production estimates for the second quarter of 2021, successful first production from the Company's Tornado Attic well and successful drilling of the Company's Crown and Anchor well. Talos estimates that average daily production for the second quarter of 2021 was approximately 66 thousand barrels of oil equivalent per day ("MBoe/d") net, ahead of Company expectations, and was approximately 69% oil and 76% liquids.

Talos Energy Provides Update On Recent Drilling Operations And Second Quarter Production

Talos Energy (TALO) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Talos Energy (TALO): Strong Industry, Solid Earnings Estimate Revisions

HOUSTON , July 7, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) intends to release second quarter 2021 results for the period ended June 30, 2021 on Tuesday, August 3, 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 Wednesday, August 4, 2021 at 10:00 AM Eastern Time (9:00 AM Central Time).

Talos Energy to Announce Second Quarter 2021 Results on August 3, 2021 and Host Earnings Conference Call on August 4, 2021

HOUSTON, July 5, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today provided an update regarding operatorship for the Company's Zama asset in offshore Mexico. On July 2, 2021, Talos was notified by Mexico's Ministry of Energy ("SENER") that it had designated Petróleos Mexicanos ("Pemex") as the operator of the Zama unit, just three days after it received a letter directly from Pemex arguing for operatorship.

Talos Energy Provides Update On Zama

HOUSTON, June 22, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced the completion of amendments to its reserves-based lending facility (the "credit facility"), including a significant maturity extension to November 2024. Following the amendments, Talos has minimal near-term debt maturities, strong liquidity and expects to be significantly free cash flow positive for the balance of 2021.

Talos Energy Announces Successful Extension Of Its Credit Facility To November 2024 And Borrowing Base Redetermination

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Talos Energy's (TALO) Tornado Attic well is expected to produce 8,000-10,000 boe/d gross, with oil accounting for nearly 80% of the total.

Talos Energy (TALO) Finds Oil at Tornado Well of US Gulf of Mexico

HOUSTON, June 8, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced that it has formed an exclusive joint venture with Storegga Geotechnologies Limited ("Storegga" and collectively, the "Partners") to source, evaluate and develop carbon capture and storage ("CCS") project opportunities on the United States Gulf Coast and Gulf of Mexico ("GOM"), including state and federal waters offshore Texas, Louisiana, Mississippi and Alabama. The Partners are actively exploring opportunities with counterparties along the CCS value chain.

Talos Energy And Storegga Form Carbon Capture And Storage Joint Venture Focused On The U.S. Gulf Coast And Gulf Of Mexico

HOUSTON, June 3, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today provided an update regarding successful drilling operations on the Company's Tornado 3 sidetrack well ("Tornado Attic" well), which successfully discovered pay in-line with pre-drill expectations. Talos holds a 65.0% working interest in the Tornado field and is the operator with Kosmos Energy also holding a 35% working interest.

News for Talos Energy Inc Stock (TALO)