Talos Energy (NYSE:TALO) Announces Earnings Results

Key Points

• Talos Energy reported quarterly EPS of $0.58, beating the $0.42 consensus, while revenue of about $596 million exceeded estimates of $552 million.
• Profitability remained weak: the company posted a 20.46% negative net margin and a 1.94% negative return on equity.
• Analysts’ consensus rating was Hold, with an average price target of $19.71; insiders also sold roughly 20.2 million shares over the past 90 days.

Talos Energy (NYSE:TALO - Get Free Report) issued its earnings results on Tuesday. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.16, FiscalAI reports. The firm had revenue of $595.99 million for the quarter, compared to analyst estimates of $552.17 million. Talos Energy had a negative return on equity of 1.94% and a negative net margin of 20.46%.

Talos Energy Price Performance

TALO traded down $0.37 during trading on Tuesday, reaching $16.09. 4,312,419 shares of the company were exchanged, compared to its average volume of 2,303,303. The company's 50-day moving average is $17.20 and its two-hundred day moving average is $14.98. The company has a market cap of $2.69 billion, a price-to-earnings ratio of -6.76 and a beta of 0.42. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.60. Talos Energy has a 12-month low of $9.35 and a 12-month high of $18.76.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on TALO. Citigroup lifted their price objective on Talos Energy from $18.00 to $21.00 and gave the stock a "buy" rating in a report on Thursday, October 15th. Zacks Research downgraded shares of Talos Energy from a "strong-buy" rating to a "hold" rating in a report on Monday, October 19th. KeyCorp increased their target price on shares of Talos Energy from $21.00 to $23.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 15th. Weiss Ratings downgraded shares of Talos Energy from a "sell (d)" rating to a "sell (d-)" rating in a research note on Thursday, August 6th. Finally, Wall Street Zen raised shares of Talos Energy from a "hold" rating to a "strong-buy" rating in a research report on Saturday, August 8th. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $19.71.

Key Talos Energy News

Here are the key news stories impacting Talos Energy this week:

• Positive Sentiment: Talos reported Q3 adjusted EPS of $0.58, beating the $0.42 consensus, and revenue of about $596 million, above the $552.2 million estimate. The company also announced revised full-year 2026 guidance, though the supplied reports do not specify the changes. Talos Energy Q3 results
• Positive Sentiment: A successful appraisal well at the Daenerys prospect has prompted plans for more drilling, potentially improving Talos’s exploration and production prospects. Talos plans more Daenerys drilling
• Neutral Sentiment: The company’s guidance revision could affect expectations, but the available article details do not indicate whether the changes are favorable or unfavorable. Talos Energy Q3 results
• Negative Sentiment: Despite beating estimates, Talos reported a negative net margin of 20.46% and negative return on equity of 1.94%, highlighting continued profitability concerns that may weigh on investor sentiment.

Insiders Place Their Bets

In other Talos Energy news, insider Control Empresarial De Capital sold 2,700,000 shares of Talos Energy stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of $17.51, for a total transaction of $47,277,000.00. Following the completion of the transaction, the insider owned 29,659,036 shares of the company's stock, valued at $519,329,720.36. The trade was a 8.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders sold 20,239,929 shares of company stock worth $356,446,912. 0.51% of the stock is owned by insiders.

About Talos Energy

Talos Energy Inc is an independent energy company focused on the exploration, development and production of oil and natural gas. The company's upstream operations are concentrated in the U.S. Gulf of Mexico, where it holds interests in offshore properties and produces crude oil, natural gas and natural gas liquids.

In addition to its traditional exploration and production activities, Talos has pursued carbon management opportunities through the development of carbon capture and storage projects along the U.S.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.