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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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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Oil States International

SA Interview: Investing In Energy With The Energy Realist

HOUSTON , April 10, 2023 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) intends to release first quarter 2023 results for the period ended March 31, 2023, on Monday, May 8, 2023, 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 9, 2023, at 10:00 AM Eastern Time (9:00 AM Central Time).

Talos Energy to Announce First Quarter 2023 Results on May 8, 2023 and Host Earnings Conference Call on May 9, 2023

Talos Energy has declined over the past year in line with oil and gas prices. The company's EV/EBITDA and P/FB put the company squarely in the bargain category.

Talos Energy: Undervalued At Present Prices

Talos (TALO) comes up with its very first share buyback plan, as a result of the stock's substantial discount to its fundamental value.

Talos (TALO) Announces $100 million Share Repurchase Plan

HOUSTON , March 23, 2023 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) and the other Zama Unit Holders Wintershall Dea, Harbour Energy plc ("Harbour") and Petróleos Mexicanos ("Pemex"), today announced that on March 23, 2023, Pemex, as operator, submitted the Zama Unit Development Plan ("UDP") to Mexico's National Commission of Hydrocarbons ("CNH") for formal approval. An Integrated Project Team ("IPT") comprised of individuals from all four Zama Unit Holders has been established to manage the development and operation of Zama going forward.

Talos Energy and its Partners Announce Submission of Unit Development Plan for Zama Project in Mexico

HOUSTON , March 20, 2023 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) announced today that its Board of Directors approved a $100 million share repurchase program of the Company's common stock. This approval grants Talos's management the authority to repurchase shares opportunistically in the open market from time to time, in privately negotiated transactions, or by such other means as will comply with applicable state and federal securities laws.

Talos Energy Inc. Announces $100 Million Share Repurchase Authorization

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HOUSTON , March 6, 2023 /PRNewswire/ -- Bayou Bend CCS LLC ("Bayou Bend"), a carbon capture and sequestration project located along the Texas Gulf Coast, announced today an expansion of its carbon dioxide ("CO2") storage footprint through the acquisition of nearly 100,000 acres onshore in Chambers and Jefferson Counties, Texas. The increased acreage positions Bayou Bend to be one of the largest carbon storage projects in the United States.

Bayou Bend Expands Carbon Capture Project to Onshore Southeast Texas

Talos Energy Inc. (NYSE:TALO ) Q4 2022 Earnings Conference Call March 1, 2023 10:00 AM ET Company Participants Sergio Maiworm - VP, Finance, IR and Treasurer Tim Duncan - President and CEO Shane Young - EVP and CFO Robin Fielder - EVP, Low Carbon Strategy and Chief Sustainability Officer Conference Call Participants Nate Pendleton - Stifel Subash Chandra - Benchmark Company Jeff Robertson - Water Tower Research Leo Mariani - MKM Partners Operator Good day, and welcome to the Talos Energy Fourth Quarter and Full Year 2022 Earnings Conference Call. All participants will be in listen-only mode.

Talos Energy Inc. (TALO) Q4 2022 Earnings Call Transcript

HOUSTON , Feb. 28, 2023 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for the three and twelve months ended December 31, 2022. The Company also announced its year-end 2022 reserves figures pro forma for the recently closed acquisition, as well as 2023 operational and financial guidance for the combined company.

Talos Energy Announces Fourth Quarter and Full Year 2022 Results, Provides 2023 Guidance, and Announces Major CCS Acreage Expansion in Southeast Texas

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.

Talos Energy (TALO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

HOUSTON , Feb. 13, 2023 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) announced the completion of its previously announced acquisition of EnVen Energy Corporation ("EnVen"). The Company expects to provide 2023 financial and operational guidance for the combined company to investors concurrently with the fourth quarter and full year 2022 earnings press release to be issued on Tuesday, February 28, 2023.

Talos Energy Completes Acquisition of EnVen Energy Corporation

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As oil and gas companies have shifted from survival to cash generation mode, their capital return strategies have come into focus. Some U.S. independents prioritize buybacks while others rely on dividends; few companies employ a mix of both strategies.

Buybacks Or Dividends? What Worked Better So Far

HOUSTON , Feb. 8, 2023 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) announced today that all of the proposals related to its previously announced acquisition of EnVen Energy Corporation ("EnVen") were approved by the requisite holders of Talos common stock at the Company's special meeting of stockholders held on February 8, 2023 (the "Special Meeting"). The final voting results from the Special Meeting will be reported in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission after certification by the Company's inspector of elections.

Talos Energy Announces Stockholder Approval for Acquisition of EnVen Energy Corporation

HOUSTON , Jan. 24, 2023 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) intends to release fourth quarter 2022 results for the period ended December 31, 2022, on Tuesday, February 28, 2023, after the U.S. financial market closes. In addition to this release, Talos will host a conference call, broadcast live over the internet, on Wednesday, March 1, 2023, at 10:00 AM Eastern Time (9:00 AM Central Time).

Talos Energy to Announce Fourth Quarter 2022 Results on February 28, 2023 and Host Earnings Conference Call on March 1, 2023

NEW ORLEANS , Jan. 13, 2023 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

TALOS ENERGY INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Talos Energy Inc. - TALO

Talos Energy announced successful drilling results from its Lime Rock and Venice prospects. The company also extended the maturity of its credit facility from 2024 to 2027.

Talos Energy: Good News, But The Market Isn't Interested

HOUSTON , Jan. 11, 2023 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) announced that the U.S. Securities and Exchange Commission has declared effective its Registration Statement on Form S-4 related to its previously announced acquisition of EnVen Energy Corporation ("EnVen") and that Talos has set a date of February 8, 2023 for the Special Meeting of its stockholders to vote and approve certain matters relating to such acquisition. Talos expects to close the transaction soon after the Special Meeting.

Talos Energy Sets Special Meeting Date For Stockholder Approval Of Its Acquisition of EnVen

HOUSTON , Jan. 3, 2023 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced that the Company's Lime Rock and Venice prospects both successfully discovered commercial quantities of oil and natural gas during sequential drilling operations in the fourth quarter of 2022. Talos holds a 60% working interest in the two deepwater discoveries, both of which are located near the Company's 100% owned and operated Ram Powell platform, where future production from both wells will flow via subsea tiebacks.

Talos Energy Achieves Successful Results from Lime Rock and Venice Prospects

HOUSTON , Dec. 27, 2022 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced that its current borrowing base was reaffirmed at $1.1 billion as part of its semi-annual redetermination process for the fall of 2022. Effective upon closing of the previously announced acquisition of EnVen Energy Corporation ("EnVen"), which is expected by early February of 2023, the Company's borrowing base will be automatically increased to $1.5 billion from the current $1.1 billion and bank commitments will increase to $965 million from the current $806 million, an increase of approximately 20%.

Talos Energy Successfully Completes Fall Borrowing Base Redetermination with Maturity Extension to 2027

NEW ORLEANS--( BUSINESS WIRE )--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of EnVen Energy Corporation to Talos Energy Inc. (NYSE: TALO) (“the Company”). Under the terms of the proposed transaction, Talos shareholders will own approximately 66% of the pro forma company. KSF is seeking to determine whether the transaction and the process that led to it are adequate and fair to the Company's shareholders.

TALOS ENERGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Talos Energy Inc. - TALO

Helix Energy Solutions Group

HOUSTON--( BUSINESS WIRE )--Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that an affiliate of Talos Energy Inc. (“Talos”) (NYSE:TALO) has extended for one year the term of its contract with Helix for the Helix Producer I floating production vessel in the Gulf of Mexico. The one-year extension term is scheduled to conclude on June 1, 2024 with Talos having the option to extend the contract annually.

Helix Energy Solutions Announces Contract Extension with Talos for Helix Producer I

HOUSTON , Nov. 22, 2022 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today published its third annual Environmental, Social and Governance ("ESG") Report for the 2021 calendar year and its inaugural Climate Risk and Opportunity Report seeking alignment with the Task Force on Climate-related Financial Disclosures Framework ("TCFD"). The reports highlight the Company's continued commitment to transparency, emissions reduction efforts and broad ESG performance improvements across its growing Upstream and Carbon Capture & Sequestration ("CCS") business portfolios.

Talos Energy Publishes 2022 ESG Report and Inaugural TCFD Report

Talos Energy Inc. (NYSE:TALO ) Q3 2022 Results Conference Call November 3, 2022 10:00 AM ET Company Participants Sergio Maiworm - IR Tim Duncan - President and CEO Shane Young - EVP and CFO Robin Fielder - EVP, Low Carbon Strategy and Chief Sustainability Officer Conference Call Participants Subash Chandra - Benchmark Company Jeff Robertson - Water Tower Research Operator Good morning, and welcome to the Talos Energy Third Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.

Talos Energy Inc. (TALO) Q3 2022 Earnings Call Transcript

HOUSTON , Nov. 2, 2022 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for the third quarter of 2022. Key Highlights: Production of 53.0 thousand barrels of oil equivalent per day ("MBoe/d") (67% oil, 75% liquids), inclusive of the impact of approximately 9.1 MBoe/d of primarily planned maintenance downtime associated with regulatory dry-dock of the HP-1 facility.

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