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Talos Energy(TALO) - 2024 Q3 - Quarterly Results
2024-11-12 11:29
Exhibit 99.1 Recent Key Highlights Third Quarter Summary Talos Energy Announces Third Quarter 2024 Operational and Financial Results Houston, Texas, November 11, 2024 – Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for fiscal quarter ended September 30, 2024. • Production of 96.5 thousand barrels of oil equivalent per day ("MBoe/d") (70% oil, 80% liquids), at the high-end of third quarter 2024 guidance range. • Reduced debt by $100 million, b ...
Talos Energy Announces Third Quarter 2024 Operational and Financial Results
Prnewswire· 2024-11-11 22:08
HOUSTON, Nov. 11, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for fiscal quarter ended September 30, 2024.  Recent Key Highlights Production of 96.5 thousand barrels of oil equivalent per day ("MBoe/d") (70% oil, 80% liquids), at the high-end of third quarter 2024 guidance range. Reduced debt by $100 million, bringing leverage to 0.9x*. Commenced drilling at the high-impact Katmai West #2 well in the Gulf of Mexico to f ...
Talos Energy: Trading At A 20%+ Free Cash Flow Yield While Being Accumulated By Carlos Slim
Seeking Alpha· 2024-11-10 17:54
Personal Journey and Insights - The individual transitioned from a research analyst role in Toronto to living in a yurt in the boreal forest, approximately 100km away from the nearest paved road or grocery store [1] - This shift led to a deeper understanding of the fundamental role of energy and commodities, emphasizing that self-sufficiency is a myth, whether in nature or society [1] - The individual replaced dependencies on grocery stores and utility providers with natural ecosystems and a spiritual connection, reducing anxiety and gaining confidence in thriving in any environment [1] Financial Market Experience - The individual's relationship with financial markets evolved, but their passion for timing and anticipating market movements remained strong [1] - A notable example of early market entry was the uranium trade in early 2015, which took longer to turn profitable than expected, leading to exiting the trade before the bull run in 2021 [1] - The individual acknowledges that getting the thesis right is easier than timing the market correctly, and only when both are aligned can significant profits be made [1] Lessons and Growth - The individual's journey in financial markets began at age 14, and after nearly a decade in the investment industry and two years in the woods, they view their journey as spiritual rather than comparative [1] - The focus is on personal growth, learning from mistakes, and improving over time, rather than comparing returns to others or indices [1] - Writing has been an essential part of the research process, and the individual now aims to share their insights publicly rather than with a select group [1] Philosophy and Approach - The individual does not aim to teach but to share their experiences and mistakes, emphasizing that their writings should not be taken too seriously [1] - They caution that following their path too closely might lead others to similar isolation, highlighting the personal nature of their journey [1]
Talos Energy to Announce Third Quarter 2024 Results on November 11, 2024 and Host Earnings Conference Call on November 12, 2024
Prnewswire· 2024-11-06 21:31
HOUSTON, Nov. 6, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) announces the date for the release and conference call of its third quarter 2024 results, and participation at upcoming investor conferences.Third Quarter 2024 Earnings Results and Conference CallTalos intends to release third quarter 2024 results for the period ended September 30, 2024, on Monday, November 11, 2024, after the U.S. financial market closes. In addition to this release, Talos will host a conference ...
Are Investors Undervaluing Stone Energy (TALO) Right Now?
ZACKS· 2024-11-01 14:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. ...
Should Value Investors Buy Stone Energy (TALO) Stock?
ZACKS· 2024-10-16 14:45
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find ...
Talos Energy Adopts Limited Duration Stockholder Rights Plan
Prnewswire· 2024-10-01 12:58
HOUSTON, Oct. 1, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced that its Board of Directors has adopted a limited duration stockholder rights plan (the "Rights Plan"). The Rights Plan is effective immediately and will expire on October 1, 2025, unless approved by Talos stockholders at the Company's next Annual Meeting. The Board may consider an earlier termination of the Rights Plan if circumstances warrant. The Board, in consultation with its independent advi ...
Talos Energy Publishes Annual Sustainability Report
Prnewswire· 2024-09-17 10:58
HOUSTON, Sept. 17, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today published its fifth annual Sustainability Report for the 2023 calendar year. The report highlights Talos's continued commitment to transparency, emissions reduction efforts, and sustainability and governance improvements across its growing exploration and production business in the Gulf of Mexico. Talos's report was developed with reference to the Sustainability Accounting Standards Board ("SASB"), Global ...
Talos Energy Announces New Discovery and Adds Additional 2024 Prospect in the Gulf of Mexico
Prnewswire· 2024-09-05 10:58
HOUSTON, Sept. 5, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos") (NYSE: TALO) today announced that its Ewing Bank 953 well ("EW 953 well") successfully discovered commercial quantities of oil and natural gas. Separately, Talos entered into an agreement to participate in the Sebastian prospect, currently drilling in the Mississippi Canyon Block 387 of the U.S. Gulf of Mexico. The EW 953 well encountered approximately 127 feet of net pay in the target sand at approximately 19,000 feet true vertical depth (" ...
Talos Energy Announces CEO Transition
Prnewswire· 2024-08-30 10:58
HOUSTON, Aug. 30, 2024 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced that Tim Duncan has stepped down from his role as President and Chief Executive Officer, effective August 29, 2024. Joseph A. Mills, who has served on the Company's Board since March, 2024, will serve as interim President and Chief Executive Officer until a successor is in place. The Company's Board of Directors has initiated a search for a successor in partnership with a leading executive search ...