Highest-materiality recent filing
Talos Energy Q1 2026: Net loss $256M on $145M impairment; adjusted EBITDA $293M
Produced 63.8 MBo/d oil (88.8 MBoe/d total); oil at high-end of guidance, total exceeding guidance.
Talos Energy posts FY2025 net loss $494.3M on $454.5M impairment; adj. FCF $417.7M
Q4 net loss $202.6M ($1.19 diluted EPS) includes $170.4M non-cash ceiling test impairment; adjusted net loss $76.5M ($0.44).
Talos Energy reaffirms $700M borrowing base, extends credit facility maturity to Jan 2030
Amends and restates existing credit agreement; borrowing base unchanged at $700M; maturity extended to January 20, 2030.
Talos Energy extends cooperation agreement with Carlos Slim's entity to Dec 2026
Amendment extends Standstill Period under Cooperation Agreement dated Dec 16, 2024.
Talos Q3 2025 net loss $95.9M; production beat, $103.4M adj. free cash flow, Daenerys discovery
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.
Talos names Zachary Dailey as CFO, adds Langin as EVP Exploration and Dick as CHRO
Zachary Dailey appointed EVP & CFO effective Aug 18, 2025; base salary $450,000, target incentive 80% of base, LTIP awards ~$558,906.
Talos Energy borrowing base reduced by $225M to $700M in credit agreement amendment
Borrowing base and total commitments decreased from $925M to $700M as part of spring 2025 scheduled redetermination.
Talos Energy Q2 2025 net loss $185.9M, adj. EBITDA $294.2M; guidance upgraded
Net loss $185.9M ($1.05/diluted) includes $223.9M impairment; adjusted net loss $48.3M ($0.27/share).
Talos Energy approves $8,750/month supplemental pay for Interim CFO Babcock
Board approved $8,750/month supplemental payment to Gregory Babcock, Interim CFO, retroactive to May 1, 2025 through July 31, 2025 and monthly thereafter.
Talos Energy announces enhanced corporate strategy targeting ~$100M increased cash flow by 2026
Company targets ~$100M in increased annualized cash flow from operational improvements by 2026.
Talos Energy shareholders elect all director nominees; say-on-pay passes
All seven nominees elected; Neal P. Goldman received 133.1M for and 15.8M against. Board reduced to seven after Kendall term expired.
Talos provides pro forma combined 2024 statement of operations reflecting QuarterNorth acquisition
Pro forma total revenues $2.10B, net loss $84.8M, diluted EPS ($0.47) for year ended Dec 31, 2024.
Talos Energy CFO Sergio Maiworm resigns; Gregory Babcock named Interim CFO
Sergio L. Maiworm Jr. resigns as EVP and CFO effective June 27, 2025 to pursue a new opportunity; no dispute with the company.
Talos Q1 2025: record production 100.9 MBoe/d, net loss $9.9M, adjusted net income $10.5M
Net loss of $9.9M ($0.05 loss per diluted share); adjusted net income of $10.5M ($0.06 per share).
Talos Energy Q4: Net loss $64.5M, adj. net income $15.2M; production 98.7 MBoe/d; new CEO incoming
Q4 2024 Net Loss $64.5M ($0.36/diluted share); Adjusted Net Income $15.2M ($0.08/diluted share).
Talos Energy appoints Paul Goodfellow as President & CEO, effective March 1, 2025
Goodfellow joins from Shell, where he spent 34 years; most recently EVP & Group Chief Internal Auditor.
Joseph Mills resigned as Interim CEO, President, and Board member effective immediately; departure not due to any disagreement.
Talos sells additional 30.1% Zama stake to Carso for $82.7M; coop agreement, rights termination
Sells 30.1% stake in Talos Mexico (holds 17.4% of Zama) for $49.7M cash at close plus $33M upon first production, total $82.7M.
Talos Energy reduces borrowing base to $925M, adds $800M availability cap
Borrowing base cut from $1.075B to $925M; total commitments reduced from $965M to $925M.
Talos Q3 2024 record production 96.5 MBoe/d, reduces debt $100M, narrows guidance
Production of 96.5 MBoe/d (70% oil) at high-end of guidance; revenue $509.3M.
Talos finalizes CEO Duncan severance; interim CEO Mills gets $800k salary, 43k RSUs
Former CEO Timothy Duncan signed Separation Agreement Nov 1; receives 2x base salary plus target bonus, pro-rated 2024 bonus, and 24-month health coverage.
Talos adopts limited-duration rights plan after Control Empresarial accumulates ~24% stake
Rights plan triggered if any person or group acquires 25% or more of TALO common stock without board approval.
Talos Energy publishes 5th sustainability report with 13% GHG reduction and lowest SIF rate
Absolute GHG emissions fell ~13% vs 2022; Scope 2 intensity down ~56% vs 2018 baseline.
Talos Energy posts new investor presentation with no specific data
Presentation posted on September 10, 2024, on Talos Energy's website.
Talos Energy CEO Tim Duncan departs; Joseph Mills interim CEO; guidance reaffirmed
Tim Duncan stepped down as President and CEO effective Aug 29, 2024; departure is without cause under severance plan.
Talos Energy Q2 production 95.5 MBoe/d; net income $12.4M, adj. EBITDA $344M
Production of 95.5 MBoe/d (73% oil) at high end of Q2 guidance; revenue $549.2M.
Talos Energy posts new investor presentation on website for J.P. Morgan conference
Presentation posted June 17, 2024 for upcoming J.P. Morgan Energy, Power & Renewables Conference.
Talos Energy posts updated investor presentation on website; no specific metrics disclosed
New investor presentation posted on June 4, 2024 at www.talosenergy.com.
Talos stockholders approve officer exculpation and amended LTIP adding 3.8M shares
Stockholders elected three Class III directors: Neal Goldman, Paula Glover, Joseph Mills.
Talos Energy Q1 2024 net loss $112.4M, production 79.6 MBoe/d near high end
Net loss $112.4M ($0.71 diluted EPS); adjusted net loss $20.9M ($0.13 diluted) excluding CCS.
Talos files QuarterNorth acquisition financial statements: 2023 net income $198.7M, revenue $785.8M
QuarterNorth 2023 net income $198.7M (down 27% YoY); revenue $785.8M (down 14% YoY).
On May 16, 2025, Mr. Sergio L. Maiworm, Jr. informed the Board of Directors (the “Board”) of Talos Energy Inc. (the “Company”) that he was resigning from his position as Executive Vice President and Chief Financial Officer of the Company, effective as of June 27, 2025, to pursue a new opportunity.
In connection with and following Mr. Maiworm’s resignation, effective as of June 28, 2025, Mr. Gregory M. Babcock was appointed as Interim Chief Financial Officer to serve until a permanent Chief Financial Officer is appointed by the Board.
On February 2, 2025, the Board of Directors (the “Board”) of Talos Energy Inc. (the “Company”) appointed Mr. Paul R. Goodfellow to serve as the Company’s President, Chief Executive Officer and principal executive officer, effective March 1, 2025.
with Mr. Moss designated as interim Chief Executive Officer and the principal executive officer of the Company.
On January 5, 2025, Mr. Joseph A. Mills informed the Board of Directors (the “Board”) of Talos Energy Inc. (the “Company”) that he was resigning from his position as Interim Chief Executive Officer and President and as a member of the Board, effective immediately.
previously reported Timothy S. Duncan departed his role as President and Chief Executive Officer of the Company
Joseph A. Mills was appointed as Interim Chief Executive Officer and President of the Company, in each case, effective August 29, 2024.
Mr. Duncan also resigned as a member of the Board.
Joseph A. Mills, a member of the Company’s Board of Directors (the “Board”), will serve as Interim Chief Executive Officer and President, effective as of August 29, 2024.
Timothy S. Duncan departed his role as President and Chief Executive Officer of the Company, effective as of August 29, 2024.
Max materiality 0.85 · Median 0.65 · Most common event earnings