---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-138624"
form_type: "8-K"
ticker: "TALO"
cik: "0001724965"
company_name: "TALOS ENERGY INC."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T09:31:40.352806+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-138624
- form_type: 8-K
- ticker: TALO
- cik: 0001724965
- company_name: TALOS ENERGY INC.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1724965/000119312523138624/0001193125-23-138624-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1724965/000119312523138624/d419134d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-138624
- JSON: https://secwatch.observer/filing/0001193125-23-138624.json
- Plain text: https://secwatch.observer/filing/0001193125-23-138624.txt

## Key facts
- Earnings Releases
  TALOS ENERGY INC. reported financial results for three months ended March 31, 2023.
  - Period: three months ended March 31, 2023
  - Result: reported results
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1724965/000119312523138624/0001193125-23-138624-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.