Talos Energy announces enhanced corporate strategy targeting ~$100M increased cash flow by 2026

TALOS ENERGY INC.

Company targets ~$100M in increased annualized cash flow from operational improvements by 2026.
Strategy pillars: improve operations daily, grow production via organic and bolt-on M&A, build long-lived scaled portfolio.
Capital allocation: up to 50% of annual free cash flow to shareholders, long-term leverage target of 1.0x or lower.
CEO Paul Goodfellow says anticipated shift to offshore basins presents opportunity for scale.

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