Talos Energy Inc
NYSE:TALO

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Talos Energy Inc
NYSE:TALO
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Price: 10.66 USD -5.24% Market Closed
Market Cap: 1.8B USD

Talos Energy Inc
Investor Relations

In the dynamic world of oil and gas, Talos Energy Inc. emerges as a notable player, rooted deeply in the exploration and production sector. Founded in 2012 and headquartered in Houston, Texas, the company has established itself by focusing primarily on the Gulf of Mexico region – renowned for its rich underwater oil fields and complex geological formations. Talos Energy leverages advanced seismic technologies and a wealth of regional expertise to unearth significant reserves, skillfully turning potential into proven assets. By acquiring strategic assets and licenses, they not only expand their inventory but also optimize production efficiency, setting a stage where potential yields can be maximized against operational risks and market fluctuations.

The financial rhythm of Talos Energy is orchestrated through discerning partnerships and adept capital management. The company’s revenue streams from the sale of crude oil, natural gas, and natural gas liquids, all of which are extracted from its extensive offshore operations. Moreover, Talos exhibits an entrepreneurial spirit, strategically capitalizing on opportunities such as mergers and acquisitions to bolster its competitive positioning. By maintaining a balance between innovative exploration and disciplined spending, Talos Energy aims to generate substantial returns and foster sustainable growth, even as it navigates the intricate and often volatile landscape of global energy demands.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 6, 2025
AI Summary
Q3 2025

Production Beat: Q3 production exceeded the high end of guidance at over 95,000 barrels of oil equivalent per day, with about 70% oil, driven by strong asset performance and no storm-related downtime.

Cost Savings: Operating expenses declined almost 10% year-over-year to $15.27 per barrel, with Talos now averaging 40% lower unit costs than offshore peers.

Free Cash Flow: Delivered $103 million in free cash flow for the quarter, beating consensus estimates, and about $400 million year-to-date.

Shareholder Returns: Returned $48 million to shareholders via buybacks in Q3 (47% of free cash flow), and over $100 million year-to-date, reducing share count by 6%.

2025 Guidance Raised: Full-year production guidance increased by about 3%; full-year operating expense and capital guidance both reduced by 2%.

Strategic Progress: Achieved $40 million in cost savings ahead of schedule, surpassing 2025 targets and progressing toward a $100 million annualized goal for 2026.

Discovery Update: The Daenerys exploration well was drilled ahead of schedule and under budget, confirming oil pay in multiple zones; an appraisal well is planned for Q2 2026.

Balance Sheet: Ended Q3 with $333 million in cash, a 0.7x leverage ratio, and $1 billion in liquidity.

Key Financials
Production
over 95,000 barrels of oil equivalent per day
Oil Mix
approximately 70%
Free Cash Flow
$103 million
Free Cash Flow (YTD)
approximately $400 million
Share Repurchases (Q3)
$48 million
Share Repurchases (YTD)
over $100 million
Operating Expense per Barrel
$15.27 per barrel
Cost Savings (2025 plan)
over $40 million realized in Q3
Cash
$333 million
Leverage Ratio
0.7x
Liquidity
approximately $1 billion
Noncash Impairment
$60 million
Surety Bond Collateral Requirement
$40–45 million per year through 2031
Hedged Oil Volume (Q4 2025)
approximately 24,000 barrels per day at $71 floor
Hedged Oil Volume (H1 2026)
approximately 25,000 barrels per day at floors above $63
Earnings Call Recording
Other Earnings Calls

Management

Mr. Timothy S. Duncan
Founder & Director
No Bio Available
Mr. Sergio L. Maiworm Jr.
Executive VP & CFO
No Bio Available
Mr. William S. Moss III
Executive VP, General Counsel & Secretary
No Bio Available
Mr. Joseph A. Mills
Interim President, Interim CEO & Director
No Bio Available
Mr. Stephen E. Heitzman
Founder
No Bio Available
Mr. John B. Spath
Executive Vice President & Head of Operations
No Bio Available
Mr. Gregory M. Babcock
VP & Chief Accounting Officer
No Bio Available
Mr. Clay P. Jeansonne
VP of Investor Relations
No Bio Available
Mr. Joel Plauche
Vice President of HSE, Regulatory & Compliance
No Bio Available
Mr. C. Gordon Lindsey
Vice President of Corporate Development
No Bio Available

Contacts

Address
TEXAS
Houston
333 Clay St Ste 3300
Contacts
+17133283000.0
www.talosenergy.com