Welcome to our dedicated page for Talos Energy SEC filings (Ticker: TALO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Talos Energy filings document regulatory disclosures for an NYSE-listed offshore oil and gas exploration and production company with operations in the United States Gulf of America and offshore Mexico. Current reports on Form 8-K furnish quarterly and annual operating results, Regulation FD investor presentations, production updates and material events tied to the company’s asset base.
The filing record also covers capital structure and governance matters, including an amended and restated credit agreement for Talos Production, borrowing-base and commitment disclosures, senior secured note maturity provisions, and letter-of-credit capacity. Proxy materials address board and shareholder governance, while other 8-K filings document cooperation-agreement matters with a significant holder, executive appointments, and the company’s NYSE-listed common stock.
Talos Energy Inc. reported that executive William R. Langin acquired 70,093 shares of common stock on a grant or award basis. The award relates to restricted stock units, each representing the right to receive one share of common stock with a par value of $0.01.
The restricted stock units were issued under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan and will vest in three equal parts on March 5, 2027, March 5, 2028 and March 5, 2029. Following this grant, Langin directly owns 86,451 shares of Talos Energy common stock.
JUNEAU JOHN B reported acquisition or exercise transactions in this Form 4 filing.
TALOS ENERGY INC. director John B. Juneau was granted 14,018 Restricted Stock Units (RSUs) on March 5, 2026 under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan. These RSUs were awarded at a price of $0.00 per unit as an equity-based compensation grant.
The RSUs will vest on March 5, 2027, contingent on Mr. Juneau’s continued service. Unless he elected to receive 100% in shares, the award represents a contingent right to receive 60% of the RSUs in Talos common stock and 40% in cash when vested or on a deferred date if a deferral election was made.
Sherrill Richard reported acquisition or exercise transactions in this Form 4 filing.
TALOS ENERGY INC. director Richard Sherrill received a grant of 14,018 restricted stock units on March 5, 2026 under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan. These RSUs give him a contingent right to receive 60% of the award in common shares and 40% in cash if no election was made to receive 100% in shares.
The RSUs will vest on March 5, 2027, provided he continues in service through that date. The vested shares and/or cash will be delivered either on the vesting date or on a deferral date chosen in his prior election, if any.
GOLDMAN NEAL P reported acquisition or exercise transactions in this Form 4 filing.
Talos Energy Inc. director Neal P. Goldman received a grant of 19,470 restricted stock units (RSUs) on March 5, 2026 under the company’s Amended and Restated 2021 Long Term Incentive Plan. These RSUs represent deferred compensation tied to his continued board service.
The RSUs will vest on March 5, 2027, contingent on continued service. Unless a different settlement election was made, 60% of the award is settled in Talos common shares and 40% in cash, aligning a portion of the director’s compensation with shareholder outcomes over time.
Szabo Shandell reported acquisition or exercise transactions in this Form 4 filing.
TALOS ENERGY INC. director Shandell Szabo received a grant of 14,018 restricted stock units on March 5, 2026. These RSUs were awarded under the company’s Amended and Restated 2021 Long Term Incentive Plan.
The units vest on March 5, 2027, contingent on continued service. Unless the director elects to receive 100% in shares, 60% of the award will settle in Talos common stock and 40% in cash. Following this grant, the director holds 14,018 RSUs directly.
SLEDGE CHARLES M reported acquisition or exercise transactions in this Form 4 filing.
TALOS ENERGY INC. director Charles M. Sledge received a grant of 14,018 restricted stock units (RSUs) under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan. The RSUs vest on March 5, 2027, contingent on continued service, and then deliver 60% in common shares and 40% in cash unless a 100%-in-shares settlement election was made.
Talos Energy Inc. focuses on offshore oil and gas exploration and production in the U.S. Gulf of America and offshore Mexico, with common stock trading on the NYSE under the symbol TALO.
At December 31, 2025, estimated total proved reserves were 174,693 MBoe in the United States, 75% oil, 19% natural gas and 6% NGLs, with 78% proved developed. Consolidated PV-10 was $3,189,037 thousand and the standardized measure was $2,804,857 thousand, both lower than 2024. 2025 production totaled 34,534 MBoe, 70% from crude oil, with average realized prices excluding derivatives of $64.84 per Bbl for oil, $3.67 per Mcf for natural gas and $18.05 per Bbl for NGLs; average lease operating expense was $15.83 per Boe.
Deepwater operations dominate, with 159,697 MBoe of proved reserves and 31,047 MBoe of 2025 net production. The Katmai Field alone produced 5,393 MBoe in 2025 at an average sales price of $53.13 per Boe and lease operating expense of $3.95 per Boe. Talos outlines a three‑pillar strategy to improve free cash flow, grow production through high‑margin projects and bolt‑on Deepwater acquisitions, and build a long‑lived, scaled offshore portfolio.
The company continues to rationalize its Mexico position through the 2023 sale of 49.9% of Talos Mexico and an agreement to sell an additional 30.1% equity interest, subject to regulatory approval. The 2025 filing also highlights detailed PUD reserve movements, with proved undeveloped reserves decreasing to 37,948 MBoe and future development costs of $733,972 thousand, as well as extensive operational, commodity price, regulatory, environmental and capital‑structure risks, including concentrated Deepwater exposure, significant decommissioning obligations and the Carlos Slim family’s significant ownership and voting power.
Talos Energy Inc. reported fourth-quarter and full-year 2025 results showing strong cash generation but a GAAP loss driven by non-cash impairments. For 2025, revenue was $1.78 billion with a net loss of $494.3 million, including $454.5 million of non-cash ceiling-test charges. Adjusted EBITDA reached $1.20 billion and Adjusted Free Cash Flow was $417.7 million.
The company produced an average of 94.6 MBoe/d in 2025, 70% oil, and ended the year with proved reserves of 174.7 MMBoe and a proved PV‑10 of $3.19 billion. Talos strengthened its balance sheet with $362.8 million of cash, $965.4 million of total liquidity, and Net Debt to LTM Adjusted EBITDA of 0.7x.
Talos repurchased 12.6 million shares for $119.1 million, about 29% of annual free cash flow, and has $81 million remaining under authorization. For 2026, it guides capital spending of $500–$550 million, P&A of $100–$130 million, and production of 85–90 MBoe/d with 62–66 MBo/d of oil, while focusing on high‑margin offshore growth projects and the Daenerys and Monument developments.
Talos Energy Inc. entered into an amended and restated credit agreement that provides a borrowing base and total commitments of $700.0 million, including a $250 million letter of credit sublimit. The facility, with JPMorgan Chase Bank as administrative agent, matures on the earlier of January 20, 2030 or November 2, 2028 if certain 9.000% second‑priority senior secured notes due February 2029 are not fully refinanced or repaid by then.
Borrowings can be made at rates tied to an alternate base rate, term SOFR or daily simple SOFR, plus an applicable margin, and Talos must also pay a commitment fee on unused commitments based on utilization levels. The agreement includes customary covenants and limits on additional debt, liens, dividends, investments, asset sales and mergers, and requires Talos Production to maintain a maximum Consolidated Total Debt to EBITDAX ratio of 3.00 to 1.00 and a minimum current ratio of 1.00 to 1.00 each quarter.
The facility is secured by mortgages on at least 85% of Talos’s proved oil and natural gas assets and is fully guaranteed by the company and certain subsidiaries. It also imposes minimum hedging requirements over up to six forward fiscal quarters, with specified percentages of projected production from proved developed producing reserves that must be hedged depending on the quarter and leverage level.
Dimensional Fund Advisors LP has reported a significant passive ownership position in Talos Energy Inc. common stock. As of the reporting date, Dimensional is deemed to beneficially own 8,967,001 shares of Talos Energy, representing 5.3% of the outstanding common stock. It has sole power to vote 8,803,069 shares and sole power to dispose of 8,967,001 shares, with no shared voting or dispositive power.
The shares are owned by various funds and accounts advised or sub-advised by Dimensional, and Dimensional disclaims beneficial ownership except for Section 13(d) reporting purposes. The position is certified as being held in the ordinary course of business and not with the purpose or effect of changing or influencing control of Talos Energy.