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Talos Energy, Inc. - $TALO STOCK NEWS

Welcome to our dedicated page for Talos Energy news (Ticker: $TALO), a resource for investors and traders seeking the latest updates and insights on Talos Energy stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Talos Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Talos Energy's position in the market.

Rhea-AI Summary

Talos Energy Inc. announced its operational and financial results for Q1 2024, with 79.6 MBoe/d production, revenue of $429.9 million, net loss of $112.4 million, and adjusted EBITDA of $267.5 million. The company reduced debt by $225 million, refinanced notes, and awarded deepwater blocks. Talos closed the QuarterNorth acquisition and TLCS sale, achieving synergies and reducing interest rates. The company's drilling program aims to increase reserves and generate free cash flow.

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-4.34%
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Rhea-AI Summary
Talos Energy Inc. announces organizational updates to support growth and strategic priorities, including promotions and new appointments. Sergio Maiworm promoted to Executive Vice President and CFO, Jim Brysch and Truitt Smith appointed as VPs, Francisco Noyola promoted to VP - Mexico, Clay Jeansonne joins as VP - Investor Relations, and John Parker leaves the company. The changes aim to enhance leadership and drive future growth.
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1.16%
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Rhea-AI Summary
Talos Energy Inc. (TALO) plans to announce its first quarter 2024 results on May 6, 2024, after the U.S. financial market closes. A conference call will be held on May 7, 2024, at 10:00 AM Eastern Time to discuss the results. Listeners can access the call through the Company's website or by phone.
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Talos Energy Inc. announced the sale of its subsidiary, Talos Low Carbon Solutions , to TotalEnergies E&P USA, Inc. for $125 million, totaling approximately $148 million. The sale includes three carbon capture and sequestration projects along the U.S. Gulf Coast. Talos plans to use the proceeds to repay borrowings and for general corporate purposes. The transaction allows Talos to focus on its core Upstream business and explore strategic opportunities.
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1.25%
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Talos Energy Inc. provided updated 2024 operational and financial guidance, including increased daily production estimates and updated cash expenses. The company expects an average daily production between 89.0 and 95.0 MBoe/d for the full year 2024, up from the previous guidance of 87.0 to 93.0 MBoe/d. The updated guidance accounts for the QuarterNorth acquisition and includes expenses related to maintenance and workover projects.
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0.94%
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Talos Energy Inc. completes the acquisition of QuarterNorth Energy Inc., adding deepwater assets and appointing Joseph A. Mills to the Board of Directors. The company now has approximately 183.0 million shares of common stock outstanding, with plans to update its 2024 operational and financial guidance.
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Helix Energy Solutions Group, Inc. announces a five-year joint framework agreement with Talos Energy Inc. for decommissioning operations in the U.S. Gulf of Mexico. The agreement includes a base pricing structure and specific project scheduling, with work set to begin in Q2 2024.
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6.33%
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Talos Energy Inc. announced its operational and financial results for Q4 and full year 2023, with production meeting or exceeding guidance. The company achieved first production from Lime Rock and Venice projects ahead of schedule. They also announced the acquisition of QuarterNorth Energy Inc. and refinanced $865 million in notes. The 2024 guidance includes production between 87.0 and 93.0 MBoe/d and a focus on debt reduction and key Upstream projects.
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1.46%
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Howard Energy Partners (HEP) has appointed Richard Sherrill as the division President of Howard Low Carbon Solutions. Sherrill brings over 35 years of leadership experience in the energy sector, with a focus on carbon sequestration projects. He has a proven track record in project origination and development, environmentally responsible operations, and team leadership. Sherrill's appointment comes as HEP finalizes two US Department of Energy Carbon Capture and Sequestration funding grants, including a $9 million CarbonSAFE Phase II grant. These grants aim to accelerate the development of a centralized solution to capture and manage industrial CO2 emissions.
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-1.96%
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Talos Energy Inc. (TALO) will release its fourth quarter 2023 results on February 28, 2024, followed by a conference call on February 29, 2024. The call will be accessible through webcast or by phone, with a replay available until March 7, 2024.
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-2.55%
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Talos Energy, Inc.

NYSE:TALO

TALO Rankings

TALO Stock Data

2.35B
113.06M
20.28%
57.75%
6.86%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
HOUSTON

About TALO

talos energy is an independent oil and gas company formed in 2012. our expertise is exploring and producing offshore hydrocarbons in the us gulf of mexico region as well as offshore mexico. talos was formed in partnership with apollo global management and riverstone holdings for the purposes of buying assets in the gulf coast and gulf of mexico regions with emphasis on asset optimization, exploitation, and exploration in and around our assets. talos also engages in business development activities that include jv’s and farm-in’s where we utilize our 10.2 million acres of seismic inventory to optimize the economics of a transaction. talos energy’s management team has built and sold two previous private equity backed companies – phoenix exploration and gryphon exploration – and in each instance delivered significant returns to their investors. as a cohesive group working together for over a decade, the management team has a track record of enhancing mature fields by using innovative techn