TALOS ENERGY INC. TALO
We are a publicly traded Delaware corporation and our common stock is listed on the New York Stock Exchange (the "NYSE") under the symbol "TALO."
We are a technically driven, innovative, independent energy company focused on maximizing long-term value through our oil and gas exploration and production ("Upstream") business in the United States ("U.S.") Gulf of America and offshore Mexico. We leverage decades of technical and offshore operational expertise to acquire, explore, and produce assets in key geological trends while maintaining a focus on safe and efficient operations, environmental responsibility and community impact.
We combine our technical experience in geology, geophysics and engineering with innovative resource evaluation techniques and seismic imaging expertise to discover new resources. We rely on our operational experience to optimize our assets' production and reserve recovery, safely and responsibly. Finally, we leverage our commercial and corporate management experience to most effectively allocate our capital to balance risk and reward, grow our business and maximize long-term stockholder value.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.78B | $1.97B | $1.46B | $1.65B | $1.24B | $575.9M | $908.1M | $891.3M | $412.8M | $258.8M |
| SG&A | $155.4M | $201.5M | $158.5M | $99.8M | $78.7M | $79.2M | $77.2M | $85.8M | $36.7M | $28.7M |
| Total operating expenses | $2.34B | $1.80B | $1.25B | $915.9M | $869.9M | $997.2M | $695.0M | $638.2M | $367.5M | $339.4M |
| Operating income | -$560.3M | $172.9M | $209.8M | $736.1M | $374.6M | -$421.3M | $213.1M | $253.1M | $45.3M | -$80.7M |
| Interest expense | $163.4M | $187.6M | $173.1M | $125.5M | $133.1M | $99.4M | $97.8M | $90.1M | $80.9M | $70.4M |
| Pre-tax income | -$604.5M | -$71.4M | $126.7M | $384.5M | -$184.6M | -$430.0M | $22.6M | $224.5M | -$62.9M | -$208.1M |
| Income tax | $109.2M | $5.0M | $60.6M | $2.5M | $1.6M | $35.6M | $36.1M | $2.9M | — | — |
| Net income | -$494.3M | -$76.4M | $187.0M | $382.0M | -$183.0M | -$465.6M | $58.7M | $221.5M | -$62.9M | -$208.1M |
| EPS, basic | -2.82 | -0.44 | 1.56 | 4.63 | -2.24 | -6.88 | 1.08 | 4.81 | -2.01 | -7.99 |
| EPS, diluted | -2.82 | -0.44 | 1.55 | 4.56 | -2.24 | -6.88 | 1.08 | 4.81 | -2.01 | -7.99 |
| Shares, diluted (wtd. avg.) | $175.1M | $175.6M | $120.8M | $83.7M | $81.8M | $67.7M | $54.4K | $46.1M | $31.2M | $26.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $362.8M | $108.2M | $33.6M | $44.1M | $69.9M | $34.2M | $87.0M | $139.9M | $32.2M | $33.4M |
| Receivables | $166.8M | $236.7M | $179.0M | $150.6M | $173.2M | $106.2M | $107.8M | $103.0M | $62.9M | — |
| Inventory | — | — | — | — | — | — | — | — | $840.0K | — |
| Total current assets | $841.3M | $659.4M | $422.2M | $367.8M | $340.0M | $247.4M | $294.0M | $416.8M | $144.9M | — |
| Property, plant and equipment | $4.44B | $5.22B | $4.04B | $2.64B | $2.39B | $2.54B | $2.23B | $2.05B | $1.09B | — |
| Other intangibles | — | — | — | $1.4M | $0 | — | — | — | — | — |
| Total assets | $5.55B | $6.19B | $4.82B | $3.06B | $2.77B | $2.83B | $2.59B | $2.48B | $1.24B | — |
| Accounts payable | $93.0M | $117.1M | $84.2M | $128.2M | $85.8M | $104.9M | $71.4M | $51.0M | $72.7M | — |
| Short-term debt | — | $0 | $33.1M | $0 | $6.1M | $0 | — | $443.0K | $25.0M | — |
| Total current liabilities | $644.7M | $723.1M | $578.6M | $607.1M | $600.5M | $447.5M | $370.5M | $380.4M | $323.5M | — |
| Long-term debt | $1.23B | $1.22B | $992.6M | $585.3M | $956.7M | $985.5M | $733.0M | $654.9M | $672.6M | — |
| Total liabilities | $3.38B | $3.43B | $2.66B | $1.89B | $2.01B | $1.91B | $1.51B | $1.47B | $1.29B | — |
| Retained earnings | -$918.4M | -$424.1M | -$347.7M | -$535.0M | -$917.0M | -$734.0M | -$268.4M | -$327.1M | -$548.4M | — |
| Total equity | $2.17B | $2.76B | $2.16B | $1.17B | $760.7M | $926.6M | $1.08B | $1.01B | -$54.1M | $7.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $935.8M | $962.6M | $519.1M | $709.7M | $411.4M | $301.9M | $393.7M | $263.4M | $176.1M | $116.1M |
| Depreciation and amortisation | $1.06B | $1.02B | $663.5M | $414.6M | $396.0M | $364.3M | $345.9M | $288.7M | $157.4M | $124.7M |
| Stock-based compensation | $18.4M | $14.5M | $13.0M | $16.0M | $11.0M | $8.7M | $7.0M | $2.9M | $875.0K | $1.1M |
| Investing cash flow | -$546.7M | -$1.32B | -$512.6M | -$312.0M | -$293.7M | -$678.9M | -$496.0M | $37.5M | -$157.6M | -$198.9M |
| Financing cash flow | -$164.5M | $436.1M | $85.4M | -$423.5M | -$82.0M | $324.2M | $48.1M | -$193.2M | -$18.4M | $91.6M |
| Buybacks | $119.5M | $45.2M | $47.5M | $0 | $0 | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-170385.
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