earnings
confidence high
sentiment positive
materiality 0.80
Talos Energy Q4: Net loss $64.5M, adj. net income $15.2M; production 98.7 MBoe/d; new CEO incoming
TALOS ENERGY INC.
2024-FY EPS reported
-$0.44
revenue$1,973,568,000
- Q4 2024 Net Loss $64.5M ($0.36/diluted share); Adjusted Net Income $15.2M ($0.08/diluted share).
- Q4 production 98.7 MBoe/d (70% oil); Adjusted EBITDA $361.8M; Adjusted Free Cash Flow $164.0M.
- Full-year 2024 Net Loss $76.4M ($0.44/diluted); Adjusted EBITDA $1,297.7M ex-CCS; proved reserves 194.2 MMBoe (PV-10 $4.2B).
- Paid off credit facility; leverage 0.8x Net Debt/EBITDA; Katmai West #2 well drilled under budget and ahead of schedule.
- Paul Goodfellow to join as President, CEO and Board member in coming days; William Moss serving as interim CEO.