secwatch.observer — SEC 8-K summary
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Issuer:     TALOS ENERGY INC. (TALO)
CIK:        0001724965
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001193125-26-207025
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Talos Energy Q1 2026: Net loss $256M on $145M impairment; adjusted EBITDA $293M
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- Produced 63.8 MBo/d oil (88.8 MBoe/d total); oil at high-end of guidance, total exceeding guidance.
- Net loss $256.2M ($1.52/sh) includes $145M non-cash ceiling test impairment; adjusted net loss $11.3M ($0.07/sh).
- Adjusted EBITDA $293.4M; cash from ops $174M; adjusted FCF $113.2M.
- Repurchased 2.7M shares for $38.2M; board increased buyback authorization to $200M.
- Reiterated full-year production and CAPEX guidance midpoints; Cardona ahead of schedule, CPN on track for Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1724965/000119312526207025/0001193125-26-207025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1724965/000119312526207025/talo-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-207025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer