Talos Q1 net income $89.9M; FY23 production guidance cut to 66-71 MBoe/d from 72-76

TALOS ENERGY INC.

2023-Q1 EPS reported $0.84 revenue$322,582,000

Q1 production 63.6 MBoe/d (72% oil); revenue $322.6M; net income $0.84/diluted share; adjusted net loss $0.01/diluted share.
FY23 production guidance lowered to 66-71 MBoe/d from 72-76, citing delays in new wells (Bulleit, Mt. Hunter) and unplanned downtime at Neptune.
Share repurchase program of $100M authorized in March; 1.9M shares repurchased for $26.6M as of March 31.
Zama unit development plan submitted; IPT formed; Pancheron exploration well spud in April; Daenerys prospect planned for 2024.
CCS acreage doubled to ~110,000 gross acres in LA; Bayou Bend CCS expanded to ~140,000 acres; exploring capital raise for TLCS.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.71

TALOS ENERGY INC. reported financial results for three months ended March 31, 2023.

Period: three months ended March 31, 2023
Result: reported results

Exact text from the filing

On May 8, 2023, Talos Energy Inc. (the "Company" or "Talos") issued a press release announcing its financial and operational results for the fiscal quarter ended March 31, 2023 and provided production guidance for the second quarter of 2023 as well as an update on financial guidance related to full year 2023.

View on SEC.gov

12 earnings releases filed in the last 30 days. Browse all earnings releases →

TALOS ENERGY INC. filing history →

Source: SEC EDGAR

accession 0001193125-23-138624

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.