Talos Energy, Inc.
9.57+0.07 (+0.74%)
Oct 29, 4:00:02 PM EDT · NYSE · TALO · USD
Key Stats
Market Cap
1.67BP/E (TTM)
-Basic EPS (TTM)
-0.95Dividend Yield
0%Recent Filings
8-K
Talos bolsters leadership team
Talos Energy appointed Zachary B. Dailey as Executive Vice President and CFO effective August 18, 2025, bringing 17 years of oil and gas finance experience from Marathon Oil and prior roles. The company also named William R. Langin as Executive Vice President for Exploration and Development starting September 29, 2025, with 20 years in offshore expertise from Hess and Shell, while promoting Megan Dick to Executive Vice President and Chief Human Resources Officer effective August 1, 2025. These moves bolster Talos's executive team to execute its offshore strategy. Interim CFO Gregory Babcock transitions back to Chief Accounting Officer.
10-Q
Q2 FY2025 results
Talos Energy's Q2 revenue fell 23% y/y to $424.7M amid lower oil prices and natural declines, yet production held steady at 93.3 MBoepd, down just 2% from last year but up 11% q/q thanks to new wells offsetting downtime. Gross margins narrowed as realized oil prices dropped to $64.08/Bbl from $80.50, driving an operating loss of $273.6M versus $54.4M income, while diluted EPS swung to -$1.05 from +$0.07; the net loss exceeded operating loss by over 20% due to impairment charges and interest. Cash from operations surged 61% y/y to $619.9M for the half-year, bolstering liquidity to $1.0B with no revolver draws against $1.2B debt. Recent Monument and Mississippi Canyon buys added proved properties, but decommissioning risks loom large.
8-K
Talos Q2 results and strategy shift
Talos Energy reported Q2 2025 production of 93.3 MBoe/d, 69% oil, driving Adjusted EBITDA of $294.2 million despite a $185.9 million net loss from $223.9 million non-cash impairments. The company unveiled an enhanced offshore E&P strategy targeting $100 million in 2026 cash flow gains via efficiency and bolt-ons, while repurchasing 3.8 million shares for $32.6 million and bolstering liquidity to $1.1 billion with 0.7x leverage. Revised 2025 guidance lifts production to 91-95 MBoe/d but trims capex to $490-530 million. Strong cash flow persists.
8-K
Borrowing base cut to $700M
Talos Energy slashed its borrowing base and total commitments from $925 million to $700 million on August 4, 2025, via the Twelfth Amendment to its credit agreement with JPMorgan Chase and other lenders. This spring redetermination, based on the 2025 reserve report, also lifts the $50 million cap on unrestricted cash deductions from consolidated total debt—unless lender exposure exceeds zero—tightening liquidity amid oil market pressures. Lenders adjusted commitments ratably. No borrowing base deficiency exists.
8-K
Interim CFO compensation approved
Talos Energy bolstered its interim CFO setup by approving a $8,750 monthly supplemental payment to Gregory M. Babcock, effective retroactively from May 1 through July 31, 2025, and ongoing thereafter. This compensates for added duties atop his Vice President and Chief Accounting Officer role amid the transition following Sergio L. Maiworm Jr.'s resignation. The board aims to stabilize finance leadership. No end date for the interim stint is disclosed.
BATL
Battalion Oil Corporation
1.14+0.02
EOG
EOG Resources, Inc.
106.00+0.10
HPK
HighPeak Energy, Inc.
6.21-0.14
KOS
Kosmos Energy Ltd.
1.55+0.02
MGY
Magnolia Oil & Gas Corporation
23.00+0.24
MUR
Murphy Oil Corporation
27.94+0.04
OVV
Ovintiv Inc. (DE)
36.90+0.29
REPX
Riley Exploration Permian, Inc.
26.07-0.08
TXO
TXO Partners, L.P.
13.20+0.02
WTI
W&T Offshore, Inc.
2.12-0.01