Talos Energy Q2 net income $13.7M; production 70.3 MBoe/d; Sunspear discovery; Mexico JV for $125M

TALOS ENERGY INC.

2023-Q2 EPS reported $0.89 revenue$689,792,000

Net income $13.7M ($0.11 diluted EPS); adjusted net income $11.5M ($0.09 diluted EPS); revenue $367.2M.
Production 70.3 MBoe/d (75% oil, 83% liquids); successful Sunspear discovery with 260 ft gross oil pay.
Announced sale of 49.9% of Talos Mexico to Grupo Carso for ~$125M; close expected Q3 2023.
Filed first EPA Class VI permit for carbon sequestration (Harvest Bend); TLCS exploring capital raise.
Repurchased 1.5M shares for $20.9M; Net Debt $1.06B, Net Debt/LTM Adjusted EBITDA 1.0x.

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 0.9

TALOS ENERGY INC. reported fiscal quarter ended June 30, 2023 results: revenue $367.2 million, net income $13.7 million, EPS $0.11 Net Income per diluted share.

Period: fiscal quarter ended June 30, 2023
Revenue: $367.2 million
Net income: $13.7 million
EPS: $0.11 Net Income per diluted share
Result: reported results

Exact text from the filing

at an average price of $13.89 per share. Second Quarter Summary: • Production of 70.3 thousand barrels of oil equivalent per day (“MBoe/d”) (75% oil, 83% liquids). • Revenue of $367.2 million, driven by realized prices (excluding hedges) of $71.44 per barrel for oil, $16.25 per barrel for natural gas liquids (“NGLs”), and $2.46 per thousand cubic feet (“Mcf”) for

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 0001193125-23-206354

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.