NYSE:TALO

Talos Energy (TALO) Stock Forecast, Price & News

$13.72

+0.95 (+7.44%)

(As of 06/2/2023 ET)

Compare

Today's Range: $13.16
▼
$13.81
50-Day Range: $11.12
▼
$15.73
52-Week Range: $10.69
▼
$25.49

Volume: 1.60 million shs
Average Volume: 1.69 million shs
Market Capitalization: $1.72 billion

P/E Ratio: 2.22
Dividend Yield: N/A
Price Target: $25.60

Talos Energy MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 86.6% Upside
$25.60 Price Target
Short Interest: Bearish
7.25% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -6.30
Upright™ Environmental Score
News Sentiment: 0.59
Based on 10 Articles This Week
Insider Trading: Selling Shares
$5.28 M Sold Last Quarter
Proj. Earnings Growth: 97.14%
From $1.05 to $2.07 Per Share

Overall MarketRank^™

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

2.53 out of 5 stars

Oils/Energy Sector

91st out of 245 stocks

Crude Petroleum & Natural Gas Industry

44th out of 79 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 $25.60, Talos Energy has a forecasted upside of 86.6% from its current price of $13.72.
Amount of Analyst Coverage
Talos Energy has only been the subject of 4 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
7.25% 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 4.5.
Change versus previous month
Short interest in Talos Energy has recently increased by 24.66%, indicating that investor sentiment is decreasing significantly.

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.

2.0

News and Social Media Coverage

News Sentiment
Talos Energy has a news sentiment score of 0.59. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Talos Energy this week, compared to 4 articles on an average week.
Search Interest
Only 10 people have searched for TALO on MarketBeat in the last 30 days. This is a decrease of -52% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Talos Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Talos Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,275,158.00 in company stock.
Percentage Held by Insiders
Only 0.79% of the stock of Talos Energy is held by insiders.
Percentage Held by Institutions
96.24% of the stock of Talos Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Talos Energy are expected to grow by 97.14% in the coming year, from $1.05 to $2.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Talos Energy is 2.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.53.
Price to Earnings Ratio vs. Sector
The P/E ratio of Talos Energy is 2.22, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 52.73.
Price to Book Value per Share Ratio
Talos Energy has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Talos Energy (NYSE:TALO) Stock

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.

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TALO Stock News Headlines

June 2, 2023 | msn.com

Talos Energy Partners With Grupo Carso For Zama Development

June 1, 2023 | americanbankingnews.com

Talos Energy (NYSE:TALO) PT Raised to $23.00

June 2, 2023 | Behind the Markets (Ad)

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May 30, 2023 | nasdaq.com

Oil Slips as Strength From the Debt Deal Proves Short-lived

May 30, 2023 | finance.yahoo.com

Howard Energy Partners Selected for Funding Opportunity Through U.S Department of Energy’s Carbon Capture Technology Program

May 26, 2023 | reuters.com

Mexican tycoon Slim buys stake in Zama oil field from Talos

May 26, 2023 | msn.com

Benchmark Reiterates Talos Energy (TALO) Buy Recommendation

May 26, 2023 | msn.com

Stephens & Co. Reiterates Talos Energy (TALO) Overweight Recommendation

June 2, 2023 | Behind the Markets (Ad)

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May 26, 2023 | msn.com

Analyst Ratings for Talos Energy

May 26, 2023 | msn.com

Talos Divests Stake in Mexican Subsidiary for $250M Valuation

May 25, 2023 | marketwatch.com

Mexico's Carso to Buy Stake in Talos Energy's Mexican Unit

May 25, 2023 | msn.com

Companies beef up contingency plans ahead of US debt-ceiling deadline

May 25, 2023 | bloomberg.com

Slim pone la mira en mega yacimiento Zama, compra participación de Talos

May 25, 2023 | msn.com

Talos Energy to sell 49.9% stake in Mexican subsidiary in $125M deal

May 25, 2023 | finance.yahoo.com

Talos Energy Announces Mexico Transaction, Including Stake in Zama, With Grupo Carso

May 25, 2023 | finance.yahoo.com

Billionaire Buys Stake in Mexico’s Mega Oil Field from Talos

May 25, 2023 | markets.businessinsider.com

Stifel Nicolaus Keeps Their Buy Rating on Talos Energy (TALO)

May 23, 2023 | msn.com

Talos Energy's Return On Capital Employed Insights

May 22, 2023 | americanbankingnews.com

Stifel Nicolaus Cuts Talos Energy (NYSE:TALO) Price Target to $22.00

May 20, 2023 | americanbankingnews.com

Brokerages Set Talos Energy Inc. (NYSE:TALO) PT at $25.80

May 14, 2023 | insidermonkey.com

Talos Energy Inc. (NYSE:TALO) Q1 2023 Earnings Call Transcript

May 12, 2023 | msn.com

'Good for the environment, good for the economy' : Bayou Bend carbon capture project could 'future proof' Southeast Texas industry

May 11, 2023 | americanbankingnews.com

Talos Energy (NYSE:TALO) Hits New 52-Week Low at $10.76

May 10, 2023 | finance.yahoo.com

These Analysts Just Made A Significant Downgrade To Their Talos Energy Inc. (NYSE:TALO) EPS Forecasts

May 10, 2023 | finance.yahoo.com

Q1 2023 Talos Energy Inc Earnings Call

May 9, 2023 | nasdaq.com

Oil Lower Amid Weak Chinese Trade Data

See More Headlines

TALO Price History

30 days | 90 days | 365 days | Advanced Chart

TALO Company Calendar

Last Earnings: 5/08/2023
Today: 6/02/2023
Next Earnings (Estimated): 8/03/2023
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: 443
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $25.60
High Stock Price Forecast: $40.00
Low Stock Price Forecast: $21.00
Forecasted Upside/Downside: +90.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.19
Trailing P/E Ratio: 2.17
Forward P/E Ratio: 12.80
P/E Growth: N/A
Net Income: $381.92 million
Net Margins: 34.48%
Pretax Margin: 31.69%
Return on Equity: 12.36%
Return on Assets: 4.82%

Debt

Debt-to-Equity Ratio: 0.47
Current Ratio: 0.61
Quick Ratio: 0.61

Sales & Book Value

Annual Sales: $1.65 billion
Price / Sales: 1.02
Cash Flow: $9.40 per share
Price / Cash Flow: 1.43
Book Value: $16.41 per share
Price / Book: 0.82

Miscellaneous

Outstanding Shares: 125,560,000
Free Float: 124,564,000
Market Cap: $1.69 billion
Optionable: Optionable
Beta: 2.22

Key Executives

Timothy S. Duncan
President, Chief Executive Officer & Director

Robert D. Abendschein
Chief Operating Officer & Executive Vice President

Shannon E. Young
Chief Financial Officer & Executive Vice President

William S. Moss
Secretary, Executive VP & General Counsel

Gregory M. Babcock
Chief Accounting Officer & Vice President

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 analysts have issued "buy," "hold," and "sell" ratings for Talos Energy in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street 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 analysts have issued 1-year target prices for Talos Energy's stock. Their TALO share price forecasts range from $21.00 to $40.00. On average, they anticipate the company's share price to reach $25.60 in the next year. This suggests a possible upside of 89.1% 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 on January 1st, 2023. Since then, TALO shares have decreased by 28.3% and is now trading at $13.54.
View the best growth stocks for 2023 here.
Are investors shorting Talos Energy?: Talos Energy saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 9,100,000 shares, an increase of 24.7% from the April 30th total of 7,300,000 shares. Based on an average trading volume of 2,010,000 shares, the short-interest ratio is presently 4.5 days.
View Talos Energy's Short Interest.
When is Talos Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our TALO earnings forecast.
How were Talos Energy's earnings last quarter?: Talos Energy Inc. (NYSE:TALO) issued its quarterly earnings results on Monday, May, 8th. The company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by $0.26. The company had revenue of $322.58 million for the quarter, compared to analyst estimates of $347 million. Talos Energy had a net margin of 34.48% and a trailing twelve-month return on equity of 12.36%.
What ETFs hold Talos Energy's stock?: ETFs with the largest weight of Talos Energy (NYSE:TALO) stock in their portfolio include Invesco Dynamic Energy Exploration & Production ETF (PXE), Invesco S&P SmallCap Energy ETF (PSCE), Pacer US Small Cap Cash Cows 100 ETF (CALF), ETC 6 Meridian Small Cap Equity ETF (SIXS), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), First Trust Natural Gas ETF (FCG), Invesco S&P SmallCap Value with Momentum ETF (XSVM) and Invesco S&P SmallCap Quality ETF (XSHQ).

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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.52%), State Street Corp (3.66%), Dimensional Fund Advisors LP (3.55%), Mackay Shields LLC (2.61%), Pacer Advisors Inc. (1.93%) and FMR LLC (1.32%). 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, Robert D Abendschein 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 $13.54.
How much money does Talos Energy make?: Talos Energy (NYSE:TALO) has a market capitalization of $1.70 billion and generates $1.65 billion in revenue each year. The company earns $381.92 million in net income (profit) each year or $6.19 on an earnings per share basis.
How many employees does Talos Energy have?: The company employs 443 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 6/2/2023 by MarketBeat.com Staff

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Talos Energy (TALO) Stock Forecast, Price & News

Talos Energy MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Talos Energy (NYSE:TALO) Stock

TALO Stock News Headlines

TALO Price History

TALO Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

TALO Stock - Frequently Asked Questions

Overall MarketRank^™