Talos Energy Inc is a publicly traded exploration and production company focused on the acquisition, development, and production of oil and natural gas resources in the Gulf of Mexico and the U
S. onshore regions. The company emphasizes a strategy of leveraging advanced technology and geological expertise to maximize the recovery of hydrocarbons from its assets. Talos Energy is dedicated to operational excellence and sustainability, utilizing innovative practices to minimize environmental impact while meeting the energy needs of its customers and communities.
JP Morgan analyst raises Talos Energy price target to $14, expecting strong production & FCF. 2025 guidance may be conservative, with potential for 100-105 MBoe/d capacity.
Two CEOs leaving to "pursue other opportunities" and a poison pill as some of the unusual circumstances surrounding Talos Energy, but a new CEO has been found.
Talos Energy reported successful discovery of oil and gas in Ewing Bank 953 well and participation in Sebastian prospect. 127 ft of net pay, 15-25 MMBoe potential, and 8-10 MBoe/d production expected. Tim Duncan resigns.
