earnings
confidence high
sentiment negative
materiality 0.80
Talos Q3 2025 net loss $95.9M; production beat, $103.4M adj. free cash flow, Daenerys discovery
TALOS ENERGY INC.
2025-Q3 EPS reported
-$1.65
revenue$1,387,833,000
- Production averaged 95.2 MBoe/d (70% oil, 76% liquids). Net loss $95.9M ($0.55/diluted) including $60.2M non-cash ceiling test impairment.
- Adjusted net loss $33.0M ($0.19/diluted). Adjusted EBITDA $301.2M. Capital expenditures $104.6M.
- Generated adjusted free cash flow of $103.4M. Repurchased 5.0M shares for $48.1M; over $100M returned to shareholders year-to-date.
- Announced discovery at Daenerys exploration prospect; appraisal well planned for Q2 2026.
- Improved FY2025 guidance: higher production, lower opex and capex. Optimal Performance Plan achieved $40M (exceeded $25M target).