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 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 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 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.
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 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 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 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