NYSE:TALO

Talos Energy (TALO) Stock Forecast, Price & News

$16.03

+0.23 (+1.46%)

(As of 09/22/2023 ET)

Compare

Today's Range: $15.95
▼
$16.29
50-Day Range: $14.30
▼
$17.33
52-Week Range: $10.69
▼
$22.63

Volume: 666,530 shs
Average Volume: 1.61 million shs
Market Capitalization: $1.99 billion

P/E Ratio: 4.04
Dividend Yield: N/A
Price Target: $24.80

Talos Energy MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 54.7% Upside
$24.80 Price Target
Short Interest: Bearish
8.80% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -6.30
Upright™ Environmental Score
News Sentiment: 0.93
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 300.00%
From $0.35 to $1.40 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.45 out of 5 stars

Oils/Energy Sector

84th out of 244 stocks

Crude Petroleum & Natural Gas Industry

39th out of 80 stocks

3.5

Analyst's Opinion

Consensus Rating
Talos Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $24.80, Talos Energy has a forecasted upside of 54.7% from its current price of $16.03.
Amount of Analyst Coverage
Talos Energy has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
8.80% of the outstanding shares of Talos Energy have been sold short.
Short Interest Ratio / Days to Cover
Talos Energy has a short interest ratio ("days to cover") of 5.2.
Change versus previous month
Short interest in Talos Energy has recently increased by 1.02%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Talos Energy does not currently pay a dividend.
Dividend Growth
Talos Energy does not have a long track record of dividend growth.

1.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Talos Energy has received a -11.94% net impact score from Upright. The largest negative impact of Talos Energy in category "GHG emissions" seems to be driven mostly by its "Natural gas exploration services", "Oil exploration services", and "Crude oil" products. See details.
Environmental Sustainability
The Environmental Impact score for Talos Energy is -6.30.

3.3

News and Social Media Coverage

News Sentiment
Talos Energy has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Talos Energy this week, compared to 4 articles on an average week.
Search Interest
Only 2 people have searched for TALO on MarketBeat in the last 30 days. This is a decrease of -78% compared to the previous 30 days.
MarketBeat Follows
5 people have added Talos Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Talos Energy insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.79% of the stock of Talos Energy is held by insiders.
Percentage Held by Institutions
97.11% of the stock of Talos Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Talos Energy are expected to grow by 300.00% in the coming year, from $0.35 to $1.40 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Talos Energy is 4.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.18.
Price to Earnings Ratio vs. Sector
The P/E ratio of Talos Energy is 4.04, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 8.99.
Price to Book Value per Share Ratio
Talos Energy has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Talos Energy (NYSE:TALO) Stock

Talos Energy Inc., through its subsidiaries, engages in the exploration and production of oil, natural gas, and natural gas liquids in the United States and Mexico. It also engages in the development of carbon capture and sequestration activities. Talos Energy Inc. was founded in 2011 and is headquartered in Houston, Texas.

TALO Price History

30 days | 90 days | 365 days | Advanced Chart

TALO Stock News Headlines

September 19, 2023 | bizjournals.com

Castex, Carbonvert plan to develop carbon capture and storage hub offshore Louisiana

September 19, 2023 | americanbankingnews.com

Talos Energy Inc. (NYSE:TALO) Receives Average Rating of "Buy" from Analysts

September 24, 2023 | Legacy Research (Ad)

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September 18, 2023 | finance.yahoo.com

Industry leaders to speak at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference 2023

September 13, 2023 | finance.yahoo.com

The Return Trends At Talos Energy (NYSE:TALO) Look Promising

September 7, 2023 | bizjournals.com

Caliche signs lease for subsurface carbon capture in Beaumont

September 5, 2023 | finance.yahoo.com

Talos Energy to Ring the NYSE Closing Bell and Announces Upcoming Conference Participation

August 29, 2023 | msn.com

Talos Energy: Now Expected To Deliver Slightly Positive Free Cash Flow For 2023

September 24, 2023 | Chaikin Analytics (Ad)

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August 23, 2023 | finance.yahoo.com

Here's Why We Think Talos Energy (NYSE:TALO) Might Deserve Your Attention Today

August 21, 2023 | finance.yahoo.com

Talos Energy President and CEO to Participate in Water Tower Research Fireside Chat on August 21, 2023

August 21, 2023 | msn.com

Investors will have their eyes on tax bill as Harbour Energy reports its latest results

August 19, 2023 | bizjournals.com

Oil and gas companies reap benefits year after Inflation Reduction Act passed

August 18, 2023 | msn.com

Investors’ eyes on tax bill as Harbour Energy to report

August 15, 2023 | msn.com

Roth MKM Reiterates Talos Energy (TALO) Buy Recommendation

August 14, 2023 | markets.businessinsider.com

5 Analysts Have This to Say About Talos Energy

August 11, 2023 | msn.com

Harbour Energy to sell Vietnam assets to Big Energy

August 10, 2023 | finance.yahoo.com

Q2 2023 Talos Energy Inc Earnings Call

August 9, 2023 | finance.yahoo.com

Talos Energy (TALO) Lags Q2 Earnings and Revenue Estimates

August 9, 2023 | finance.yahoo.com

Talos Energy (TALO) Reports Q2 Earnings: What Key Metrics Have to Say

August 8, 2023 | msn.com

Talos Energy Non-GAAP EPS of $0.09 misses by $0.16, revenue of $367.21M beats by $4.14M

August 8, 2023 | finance.yahoo.com

Talos Energy Announces Second Quarter 2023 Operational and Financial Results

August 8, 2023 | markets.businessinsider.com

Here's what Wall Street expects from Talos Energy's earnings report

August 7, 2023 | finance.yahoo.com

With 59% ownership of the shares, Talos Energy Inc. (NYSE:TALO) is heavily dominated by institutional owners

August 6, 2023 | finance.yahoo.com

Talos Energy Inc. (TALO)

July 17, 2023 | finance.yahoo.com

Will Weakness in Talos Energy Inc.'s (NYSE:TALO) Stock Prove Temporary Given Strong Fundamentals?

July 13, 2023 | bizjournals.com

Microgrid provider Enchanted Rock hires energy executive as new CFO

See More Headlines

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TALO Company Calendar

Last Earnings: 8/08/2023
Today: 9/24/2023
Next Earnings (Estimated): 11/01/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Crude petroleum & natural gas
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NYSE:TALO
CUSIP: N/A
CIK: 1724965
Web: www.talosenergy.com
Phone: (713) 328-3000
Fax: 337-521-2072
Employees: 436
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $24.80
High Stock Price Forecast: $40.00
Low Stock Price Forecast: $19.00
Forecasted Upside/Downside: +54.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.97
Trailing P/E Ratio: 4.04
Forward P/E Ratio: 45.80
P/E Growth: N/A
Net Income: $381.92 million
Net Margins: 25.32%
Pretax Margin: 22.53%
Return on Equity: 4.55%
Return on Assets: 1.89%

Debt

Debt-to-Equity Ratio: 0.49
Current Ratio: 0.64
Quick Ratio: 0.64

Sales & Book Value

Annual Sales: $1.41 billion
Price / Sales: 1.41
Cash Flow: $8.62 per share
Price / Cash Flow: 1.86
Book Value: $14.12 per share
Price / Book: 1.14

Miscellaneous

Outstanding Shares: 124,056,000
Free Float: 123,076,000
Market Cap: $1.99 billion
Optionable: Optionable
Beta: 2.22

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Key Executives

Mr. Timothy S. Duncan (Age 50)
Founder, Pres, CEO & Director
Comp: $2.38M

Mr. Robert D. Abendschein (Age 60)
Exec. VP & COO
Comp: $1.17M

Mr. William S. Moss III (Age 53)
Exec. VP, Gen. Counsel & Sec.
Comp: $969.62k

Mr. John Arthur Parker (Age 66)
Exec. VP of New Ventures
Comp: $1.01M

Mr. Stephen E. Heitzman (Age 72)
Founder

Mr. Sergio L. Maiworm Jr.
Sr. VP & CFO

Mr. Gregory M. Babcock (Age 39)
VP & Chief Accounting Officer

Mr. Joel Plachue
VP of HSE, Regulatory & Compliance

Mr. C. Gordon Lindsey
VP of Corp. Devel.

Megan Dick
VP of HR

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TALO Stock - Frequently Asked Questions

Should I buy or sell Talos Energy stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Talos Energy in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TALO shares.
View TALO analyst ratings or view top-rated stocks.
What is Talos Energy's stock price forecast for 2023?: 6 Wall Street research analysts have issued 1 year price targets for Talos Energy's shares. Their TALO share price forecasts range from $19.00 to $40.00. On average, they anticipate the company's share price to reach $24.80 in the next year. This suggests a possible upside of 54.7% from the stock's current price.
View analysts price targets for TALO or view top-rated stocks among Wall Street analysts.
How have TALO shares performed in 2023?: Talos Energy's stock was trading at $18.88 at the start of the year. Since then, TALO shares have decreased by 15.1% and is now trading at $16.03.
View the best growth stocks for 2023 here.
When is Talos Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our TALO earnings forecast.
How were Talos Energy's earnings last quarter?: Talos Energy Inc. (NYSE:TALO) released its quarterly earnings results on Tuesday, August, 8th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.09 by $0.03. The firm earned $367.21 million during the quarter, compared to analysts' expectations of $374.97 million. Talos Energy had a trailing twelve-month return on equity of 4.55% and a net margin of 25.32%.
What ETFs hold Talos Energy's stock?: ETFs with the largest weight of Talos Energy (NYSE:TALO) stock in their portfolio include Invesco S&P SmallCap Energy ETF (PSCE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), First Trust Natural Gas ETF (FCG), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Pacer US Small Cap Cash Cows 100 ETF (CALF), EA Bridgeway Omni Small-Cap Value ETF (BSVO) and Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH).iShares U.S. Oil & Gas Exploration & Production ETF (IEO).

What other stocks do shareholders of Talos Energy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Talos Energy investors own include Advanced Micro Devices (AMD), General Electric (GE), AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Energy Transfer (ET), NVIDIA (NVDA), Carnival Co. & (CCL), Matinas BioPharma (MTNB) and InterDigital (IDCC).
What is Talos Energy's stock symbol?: Talos Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "TALO."
Who are Talos Energy's major shareholders?: Talos Energy's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.95%), State Street Corp (5.30%), Sourcerock Group LLC (4.61%), Dimensional Fund Advisors LP (3.39%), Mackay Shields LLC (2.51%) and Canada Pension Plan Investment Board (2.31%). Insiders that own company stock include Apollo Management Holdings Gp,, Bcc Enven Investments (S), LP, Jonathan D Klein, Riverstone Energy Partners V,, Riverstone Holdings Llc and Timothy S Duncan.
View institutional ownership trends.
How do I buy shares of Talos Energy?: Shares of TALO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Talos Energy's stock price today?: One share of TALO stock can currently be purchased for approximately $16.03.
How much money does Talos Energy make?: Talos Energy (NYSE:TALO) has a market capitalization of $1.99 billion and generates $1.41 billion in revenue each year. The company earns $381.92 million in net income (profit) each year or $3.97 on an earnings per share basis.
How many employees does Talos Energy have?: The company employs 436 workers across the globe.
How can I contact Talos Energy?: Talos Energy's mailing address is 333 CLAY STREET SUITE 3300, HOUSTON TX, 77002. The official website for the company is www.talosenergy.com. The company can be reached via phone at (713) 328-3000, via email at investor@talosenergy.com, or via fax at 337-521-2072.

This page (NYSE:TALO) was last updated on 9/24/2023 by MarketBeat.com Staff

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