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.

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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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Carlos Slim and Other Insider Buyers Are Boosting Their Stakes

HOUSTON , July 22, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced that Talos made updates to its share repurchase program and ongoing debt paydown, including: Repurchased approximately $43 million, or 3.8 million shares, of common stock at an average price of $11.26 per share during the second quarter 2024. Talos's Board of Directors also recently authorized an additional $150 million for Talos's existing common stock repurchase program.

Talos Energy Announces Share Repurchase Program Updates and Ongoing Debt Paydown

HOUSTON , July 11, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) intends to release second quarter 2024 results for the period ended June 30, 2024, on Wednesday, August 7, 2024, after the U.S. financial market closes. In addition to this release, Talos will host a conference call, broadcast live over the internet, on Thursday, August 8, 2024, at 10:00 AM Eastern Time (9:00 AM Central Time).

Talos Energy to Announce Second Quarter 2024 Results on August 7, 2024 and Host Earnings Conference Call on August 8, 2024

Talos Energy is a small player that has engaged in offshore growth through acquisitions and organic growth. The recent acquisition has a high value and may result in one-time assimilation costs that could affect the income statement for up to a year. The company's debt ratio is already down to 1.0, which is a positive sign for the stock market, and the debt market has reacted by decreasing interest rates.

Talos Energy: A Different Way To Invest Offshore

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HOUSTON , May 29, 2024 /PRNewswire/ -- Talos Energy Inc. (NYSE: TALO) ("Talos" or the "Company") today announced that representatives of Talos will participate at the following investor conferences and fireside chats. RBC Capital Markets Global Energy, Power and Infrastructure Conference in New York, New York, June 4, 2024.

Talos Energy Announces Participation at Upcoming Investor Conferences and Webcast of Fireside Chats

Talos Energy (TALO) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down -12.8% in 4 Weeks, Here's Why You Should You Buy the Dip in Talos Energy (TALO)

HOUSTON , May 15, 2024 /PRNewswire/ -- Talos Energy Inc. (NYSE: TALO) ("Talos" or the "Company") today announced that President and Chief Executive Officer Tim Duncan will participate in the upcoming Water Tower Research Fireside Chat Series taking place virtually on Thursday, May 16, 2024, at 11:00 AM Eastern Time (10:00 AM Central Time). The fireside chat will be hosted by Jeff Robertson, Managing Director of Water Tower Research, and will cover the following topics: Talos's enhanced E&P opportunity set to support scale and growth in the offshore E&P business.

Talos Energy President and CEO to Participate in Water Tower Research Fireside Chat on May 16, 2024

Talos Energy Inc. (NYSE:TALO ) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Clay Jeansonne - IR Tim Duncan - President and CEO Sergio Maiworm - SVP and CFO Conference Call Participants Tim Rezvan - KeyBanc Capital Markets Subash Chandra - Benchmark Leo Mariani - ROTH MKM Jeff Robertson - Water Tower Research Nate Pendleton - Stifel Jarrod Giroue - Stephens Paul Diamond - Citi Kevin MacCurdy - Pickering Partners Noel Parks - Tuohy Partners Operator Good morning, ladies and gentlemen, and welcome to the Talos Energy First Quarter 2024 Earnings Call. At this time, all lines are in listen-only mode.

Talos Energy Inc. (TALO) Q1 2024 Earnings Call Transcript

Talos Energy (TALO) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.29. This compares to loss of $0.01 per share a year ago.

Talos Energy (TALO) Reports Q1 Loss, Tops Revenue Estimates

HOUSTON , May 6, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for fiscal quarter ended March 31, 2024. Talos also provided second quarter 2024 production guidance and reiterated its operational and financial guidance for the full year 2024.

Talos Energy Announces First Quarter 2024 Operational and Financial Results

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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.

Analysts Estimate Talos Energy (TALO) to Report a Decline in Earnings: What to Look Out for

HOUSTON , April 25, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced updates to its organization that support Talos's growth and strategic priorities and the recently closed QuarterNorth Energy Inc. ("QuarterNorth") acquisition. Sergio Maiworm, who joined Talos in 2018, was promoted to Executive Vice President and will continue to serve as Chief Financial Officer.

Talos Energy Announces Organizational Updates

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HOUSTON , April 10, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) intends to release first quarter 2024 results for the period ended March 31, 2024, on Monday, May 6, 2024, after the U.S. financial market closes. In addition to this release, Talos will host a conference call, broadcast live over the internet, on Tuesday, May 7, 2024, at 10:00 AM Eastern Time (9:00 AM Central Time).

Talos Energy to Announce First Quarter 2024 Results on May 6, 2024 and Host Earnings Conference Call on May 7, 2024

Talos Energy stock has gained about 20% since early February, indicating a potential change in the company's story. Analyst EPS estimates have been cut significantly, but price targets for the stock range from $15 to $25. Talos Energy has made strategic moves, including selling part of its Mexico operations and monetizing its carbon sequestration portfolio, to prioritize cash flow generation and pay down debt.

Talos Energy: A Gulf Of Mexico Standout

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U.S. oil and gas producer Talos Energy said on Monday it will sell its carbon capture and sequestration unit to French firm TotalEnergies for about $148 million.

Talos Energy to sell carbon capture unit to TotalEnergies for $148 mln

HOUSTON , March 18, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos") (NYSE: TALO) today announced that it has entered into an agreement for the sale of its wholly owned subsidiary, Talos Low Carbon Solutions LLC ("TLCS"), to TotalEnergies E&P USA, Inc. ("TotalEnergies") for a purchase price of $125 million plus customary reimbursements, adjustments and retention of cash, combined totaling approximately $148 million. The transaction was based on an effective date of January 1, 2024 and will close later today.

Talos Energy Announces Divestiture of Talos Low Carbon Solutions Subsidiary to TotalEnergies

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Talos (TALO) updates full-year 2024 guidance after taking into account the acquisition of QuarterNorth Energy Inc. The updated projection suggests a strong production outlook.

Talos (TALO) Updates Guidance After Including QuarterNorth Deal

HOUSTON , March 11, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today provided updated 2024 operational and financial guidance to reflect the closing of the QuarterNorth Energy Inc. ("QuarterNorth") acquisition earlier than expected. Prior guidance was based on an end-of-first-quarter 2024 close.

Talos Energy Increases 2024 Operational and Financial Guidance Following Early Closing of QuarterNorth Acquisition

HOUSTON , March 4, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced the completion of the acquisition of QuarterNorth Energy Inc. ("QuarterNorth"). After completing the acquisition, Talos has approximately 183.0 million shares of common stock outstanding, including approximately 24.4 million shares issued to the QuarterNorth shareholders as consideration for the transaction.

Talos Energy Completes Acquisition of QuarterNorth Energy

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HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (“Helix”) (NYSE: HLX) is pleased to announce a five-year joint framework agreement with Talos Energy Inc. (“Talos”) (NYSE: TALO) in which Talos has agreed to provide Helix the first right of refusal regarding specific annual work scopes for Talos's decommissioning requirements in the U.S. Gulf of Mexico. The agreement includes a base pricing structure and processes for determining and scheduling specific projects Talos requires. Work.

News for Talos Energy Inc Stock (TALO)