Core Viewpoint - Talos Energy Inc. is set to release its fourth quarter 2024 results on February 26, 2025, after market close, followed by a conference call on February 27, 2025 [1] Group 1: Financial Results Announcement - The fourth quarter 2024 results will be released on February 26, 2025, after the U.S. financial market closes [1] - A conference call will be held on February 27, 2025, at 10:00 AM Eastern Time [1] Group 2: Conference Call Access - The conference call can be accessed via a webcast link on the company's website or by dialing specific phone numbers for North American and international listeners [2] - A replay of the call will be available one hour after the conclusion until March 6, 2025 [2] Group 3: Company Overview - Talos Energy is an independent energy company focused on upstream exploration and production in the U.S. Gulf of Mexico and offshore Mexico [3] - The company emphasizes safe and efficient operations, environmental responsibility, and community impact [3]

Core Viewpoint - Talos Energy Inc. has appointed Paul Goodfellow as President and CEO, effective March 1, 2025, aiming to leverage his extensive experience in the oil and natural gas industry to enhance the company's performance and shareholder value [1][5]. Company Overview - Talos Energy is an independent energy company focused on maximizing long-term value through its Upstream Exploration & Production business in the U.S. Gulf of Mexico and offshore Mexico [6]. Leadership Background - Paul Goodfellow brings over thirty years of experience in the oil and natural gas industry, having held various senior executive roles at Shell, including leadership of Shell's global deepwater business [2][3]. - Goodfellow has served as Executive Vice President and Group Chief Internal Auditor at Shell, overseeing the internal audit function, and has held multiple leadership positions in deepwater and unconventional resources [3][4]. Strategic Intent - Goodfellow plans to spend his first 100 days understanding Talos's business and identifying key drivers of success, with the intention to collaborate with the leadership team to define the next phase of growth and develop a strategic plan [5]. - The Board of Directors expresses confidence in Goodfellow's ability to drive Talos's strategy, particularly in deepwater exploration and development, to create value for shareholders [5].

Core Insights - Talos Energy Inc. has discovered significant quantities of oil and natural gas at the Katmai West 2 well in the U.S. Gulf of Mexico, with plans to conclude casing and suspension by late January 2025 [1] - The well was completed under budget and ahead of schedule, with production expected to start in the second quarter of 2025 [2] - The Tarantula facility has been upgraded to handle larger volumes, increasing its capacity to approximately 35 Mboe/d [3] Production and Resource Potential - The production capacity of the Katmai West 2 well aligns with pre-drill expectations of approximately 15-20 MBoe/d, increasing the estimated ultimate recovery (EUR) of the Katmai West Field to about 50 million barrels of oil equivalent (MMBoe) [5] - Total recoverable resources from the region are projected to be around 100 MMBoe, with significant value expected to be generated in 2025 [6] Operational Constraints - Despite the increased capacity of the Tarantula facility, production from the Katmai wells is expected to be rate-constrained to maintain a flat-to-low decline production over time [4]

Core Viewpoint - Talos Energy Inc. has successfully drilled the Katmai West 2 well in the U.S. Gulf of Mexico, encountering commercial quantities of oil and natural gas, which positions the company for strong value creation in 2025 [1][4]. Drilling and Production Details - The Katmai West 2 well was drilled by the drillship West Vela, starting in late October 2024, and is expected to be cased and suspended by late January 2025, with production anticipated to begin in the second quarter of 2025 [3][7]. - The well will connect to the existing subsea infrastructure leading to the Tarantula facility, which has been expanded to a capacity of 35 MBoe/d [3][7]. - Talos holds a 50% working interest in the Katmai West field, with Ridgewood Energy Corporation managing the other 50% [3]. Financial and Operational Efficiency - The drilling of the Katmai West 2 well was completed approximately 35% under budget and more than a month ahead of schedule, showcasing the company's operational efficiency [4][7]. - Expected deliverability from the well aligns with pre-drill estimates of approximately 15 to 20 MBoe/d gross [7]. Resource Potential - The successful drilling and appraisal of the Katmai West 2 well have nearly doubled the Proved Estimated Ultimate Recovery (EUR) of the Katmai West field to approximately 50 million barrels of oil equivalent (MMBoe) gross, affirming the company's total resource potential of around 100 MMBoe gross [7].

Core Viewpoint - Talos Energy Inc. has announced the sale of an additional 30.1% interest in its Mexican subsidiary, Talos Mexico, to Zamajal, S.A. de C.V., which is primarily owned by Grupo Carso, S.A.B. de C.V. [1][2] Group 1: Transaction Details - Talos will receive $49.7 million in cash at closing, with an additional $33.0 million due upon first commercial production from the Zama Field, totaling $82.7 million for the transaction [2] - After the transaction, Talos Mexico will be owned 20.0% by Talos Energy and 80.0% by Zamajal, with Talos Mexico holding a 17.4% interest in the Zama Field [2] - Talos expects to receive a total of $82.9 million in cash contingent considerations upon achieving commercial production from the Zama Field, which includes $33.0 million from the current transaction and $49.9 million from a previous equity interest transaction [3] Group 2: Management Statements and Agreements - Talos's Interim President and CEO Joseph Mills expressed satisfaction with the transaction, highlighting its benefits for stockholders and the company's continued involvement in the Zama project [4] - Talos has entered into a cooperation agreement with Control Empresarial De Capitales, which restricts Control Empresarial from acquiring additional shares of Talos common stock that would exceed 25% of total shares until December 16, 2025 [4] Group 3: Corporate Actions - Talos announced an amendment to its stockholder rights plan, which will be terminated effective at 5:00 p.m. New York time on the date of execution of the amendment [5] Group 4: Company Overview - Talos Energy is an independent energy company focused on maximizing long-term value through its upstream exploration and production business in the U.S. Gulf of Mexico and offshore Mexico, emphasizing safe and efficient operations and environmental responsibility [6]

Company Overview - Talos Energy Inc (NYSE: TALO) recently reported the sale of certain subsidiaries, including Talos Low Carbon Solutions LLC, and new acquisitions in the US Gulf of Mexico [1] - The company's recent transactions may create potential new synergies that could have a positive effect on its operations [1] Analyst Background - The analyst has close to 14 years of experience in the financial industry, having worked for an equity research firm in NY, an investment fund in Mexico, and an investment bank in Ireland [1] - Currently a private investor, the analyst focuses on mature industries such as mining, oil and gas, real estate, and others [1] - The analyst typically targets investments with an internal rate of return of close to 5%-7% and appreciates M&A deals, deep value investments, and dividend investing [1] Disclosure - The analyst has a beneficial long position in Talos Energy Inc (TALO) through stock ownership, options, or other derivatives [2] - The article expresses the analyst's own opinions and is not receiving compensation for it other than from Seeking Alpha [2] - The analyst has no business relationship with any company whose stock is mentioned in the article [2]

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]

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 ...

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. ...

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 ...