Talos Energy (NYSE:TALO – Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.20, Briefing.com reports. The company had revenue of $664.81 million for the quarter, compared to the consensus estimate of $577.92 million. Talos Energy had a negative return on equity of 8.24% and a negative net margin of 42.58%.The firm’s revenue was up 56.5% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.27) EPS.
Talos Energy Stock Performance
TALO stock traded down $0.05 during mid-day trading on Wednesday, hitting $14.22. The company had a trading volume of 1,535,833 shares, compared to its average volume of 2,148,140. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.20 and a current ratio of 1.20. The firm has a market cap of $2.37 billion, a PE ratio of -3.30 and a beta of 0.35. Talos Energy has a 12 month low of $7.71 and a 12 month high of $17.05. The stock’s fifty day moving average price is $14.27 and its two-hundred day moving average price is $14.10.
Analysts Set New Price Targets
TALO has been the topic of a number of research reports. Wall Street Zen downgraded Talos Energy from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Stephens restated an “overweight” rating and set a $20.00 price objective on shares of Talos Energy in a report on Wednesday, July 1st. Roth Capital raised Talos Energy from a “neutral” rating to a “buy” rating and upped their target price for the stock from $16.00 to $17.00 in a research report on Wednesday, July 1st. Citigroup reduced their price target on shares of Talos Energy from $20.00 to $18.00 and set a “buy” rating for the company in a research report on Monday, July 20th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Talos Energy from $16.00 to $17.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Talos Energy presently has an average rating of “Hold” and an average price target of $18.50.
More Talos Energy News
Here are the key news stories impacting Talos Energy this week:
- Positive Sentiment: Talos reported second-quarter revenue of approximately $664.8 million, up 56.5% year over year and well above the roughly $578 million analyst estimate. Adjusted earnings were $0.57 per share, exceeding consensus estimates ranging from $0.34 to $0.37 and improving from a $0.27 per-share loss a year earlier. Talos Energy Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: Operational performance was also stronger than expected. Production averaged 93.7 thousand barrels of oil equivalent per day, including 68.6 thousand barrels of oil per day, above the company’s second-quarter guidance. Talos raised its full-year 2026 production outlook to 87–91 MBoe/d, with oil production expected at 64–68 MBbl/d. Talos Energy Announces Second Quarter 2026 Operational and Financial Results
- Positive Sentiment: Cash flow was substantial, with $300.6 million provided by operating activities and $577.6 million of cash on hand at quarter-end. The company also highlighted progress on Monument drilling, the Daenerys appraisal program, its Repsol offshore Mexico farm-in and an offshore Honduras exploration position. Talos Energy Posts Profit in Second Quarter 2026
- Neutral Sentiment: Brokerages currently assign Talos a consensus rating of “Hold,” suggesting analysts may view the improved results and higher production guidance as largely reflected in the stock’s valuation. Talos Energy Given Consensus Rating of Hold
- Negative Sentiment: Investor sentiment may be restrained by recent insider activity: one controlling shareholder reportedly sold 2.746 million shares over the past six months, with no reported insider purchases. Talos also continues to show negative net margin and return on equity figures, despite the quarterly profit improvement.
Insiders Place Their Bets
In other Talos Energy news, insider Control Empresarial De Capital sold 339,568 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $16.80, for a total value of $5,704,742.40. Following the completion of the sale, the insider directly owned 40,460,036 shares of the company’s stock, valued at $679,728,604.80. This trade represents a 0.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.51% of the company’s stock.
Hedge Funds Weigh In On Talos Energy
Several large investors have recently modified their holdings of TALO. Smartleaf Asset Management LLC boosted its holdings in Talos Energy by 134.4% in the 2nd quarter. Smartleaf Asset Management LLC now owns 3,703 shares of the company’s stock worth $32,000 after buying an additional 2,123 shares during the period. Larson Financial Group LLC boosted its holdings in shares of Talos Energy by 142.9% in the third quarter. Larson Financial Group LLC now owns 3,301 shares of the company’s stock worth $32,000 after acquiring an additional 1,942 shares during the period. Quarry LP purchased a new position in shares of Talos Energy in the third quarter valued at $36,000. PNC Financial Services Group Inc. grew its position in shares of Talos Energy by 22.7% in the third quarter. PNC Financial Services Group Inc. now owns 5,679 shares of the company’s stock valued at $54,000 after purchasing an additional 1,049 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Talos Energy by 395.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,560 shares of the company’s stock valued at $56,000 after purchasing an additional 5,236 shares during the period. Hedge funds and other institutional investors own 89.35% of the company’s stock.
Talos Energy Company Profile
Talos Energy Inc is an independent oil and gas exploration and production company headquartered in Houston, Texas. Founded in 2012 by industry veterans Tim Duncan and Jeremy Rights, the firm completed its initial public offering in 2021 and trades on the New York Stock Exchange under the ticker symbol TALO. The company’s core operations focus on the acquisition, exploration, development and production of offshore hydrocarbon reserves, with a primary emphasis on the U.S. Gulf of Mexico basin.
Talos Energy’s asset portfolio spans deepwater and shelf opportunities in the Gulf of Mexico, where it holds interests in several producing fields and exploration blocks.
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