Talos Energy (NYSE:TALO) Issues Quarterly Earnings Results, Beats Estimates By $0.16 EPS

Talos Energy (NYSE:TALO) announced its earnings results on Tuesday. The company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.16, FiscalAI reports. Talos Energy had a negative return on equity of 1.94% and a negative net margin of 20.46%. The business had revenue of $595.99 million for the quarter, compared to analyst estimates of $552.17 million. During the same period in the prior year, the company earned ($0.19) EPS. The company’s quarterly revenue was up 32.4% compared to the same quarter last year.

Talos Energy Stock Performance

Shares of TALO traded down $0.59 during mid-day trading on Wednesday, hitting $15.51. 1,046,683 shares of the company traded hands, compared to its average volume of 2,296,733. The stock has a market cap of $2.59 billion, a price-to-earnings ratio of -6.52 and a beta of 0.45. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.61 and a current ratio of 1.61. The stock has a 50-day moving average price of $17.19 and a two-hundred day moving average price of $15.00. Talos Energy has a 1 year low of $9.35 and a 1 year high of $18.76.

Analyst Upgrades and Downgrades

TALO has been the subject of several research reports. Zacks Research lowered shares of Talos Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 19th. Weiss Ratings lowered shares of Talos Energy from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, August 6th. Wall Street Zen upgraded shares of Talos Energy from a “hold” rating to a “strong-buy” rating in a report on Saturday, August 8th. The Goldman Sachs Group reissued a “buy” rating and issued a $22.00 target price on shares of Talos Energy in a research report on Tuesday, October 27th. Finally, KeyCorp boosted their price objective on shares of Talos Energy from $21.00 to $23.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 15th. Five equities research 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’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $19.71.

Trending Headlines about Talos Energy

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

• Positive Sentiment: Talos reported Q3 EPS of $0.58, above estimates of $0.42–$0.48, compared with a loss of $0.19 per share a year earlier. Revenue of about $596 million topped the roughly $552 million estimate and rose 32.4% year over year. The earnings and revenue beats may support investor confidence. Talos Energy Announces Third Quarter 2026 Operational and Financial Results
• Positive Sentiment: After a successful appraisal well at Daenerys, Talos plans further drilling. Continued appraisal could advance the prospect’s development potential, although the reports provided no details on expected reserves or timing. Talos plans more Daenerys drilling after successful appraisal well
• Neutral Sentiment: The company revised its full-year 2026 guidance alongside its results. The supplied coverage does not state the revised figures, so the impact is unclear. Talos Energy Announces Third Quarter 2026 Operational and Financial Results
• Negative Sentiment: Despite the earnings beat, the provided company metrics show a negative net margin, indicating that profitability remains a concern. Talos Energy Q3 and nine-month earnings results

Insider Buying and Selling

In other Talos Energy news, insider Control Empresarial De Capital sold 1,200,000 shares of the stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $18.33, for a total value of $21,996,000.00. Following the transaction, the insider owned 20,491,414 shares of the company’s stock, valued at approximately $375,607,618.62. This represents a 5.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 20,239,929 shares of company stock worth $356,446,912 in the last three months. 0.51% of the stock is currently owned by corporate insiders.

Talos Energy Company Profile

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.