Talos Energy reported a strong financial and operational performance with record production, free cash flow, and increased share repurchase authorization. However, there are concerns about potential impacts from planned maintenance, tieback operations, and lower oil prices. The company remains well-positioned with robust hedging and liquidity strategies.

Company Guidance -

Q2 2025

During the Talos Energy First Quarter 2025 Earnings Conference Call, the company provided robust financial guidance, highlighting several key metrics. Talos achieved record production of 100.9 thousand barrels of oil equivalent per day, marking their fifth consecutive quarter of record output. This production was composed primarily of 68% oil, with liquids, including NGLs, making up 78%. Financially, the company reported a record EBITDA of $363 million, translating to an EBITDA netback margin of approximately $40 per barrel. Capital expenditures for the quarter totaled $118 million, with an additional $10 million allocated to plugging and abandonment activities. The quarter's free cash flow reached a record $195 million. Talos also maintained a leverage ratio of 0.8 and improved its liquidity to approximately $960 million, with a cash balance of $203 million. The Board approved an increase in stock repurchase authorization to $200 million, with plans to allocate up to 50% of annual free cash flow to share buybacks. Guidance for 2025 reaffirms production expectations of between 90,000 and 95,000 barrels of oil equivalent per day, with 69% anticipated to be oil. Capital expenditures for the year are projected to be between $500 million and $540 million, alongside $100 million to $120 million for plugging and abandonment activities.

Record Production and Free Cash Flow

Talos Energy achieved record production of 100.9 thousand barrels of oil equivalent per day and a record free cash flow of $195 million for the first quarter of 2025.

Strong Financial Performance

Reported a record EBITDA of $363 million with an EBITDA netback margin of about $40 per barrel of oil equivalent.

Increased Stock Repurchase Authorization

Board approved an increase in stock repurchase authorization to $200 million, with plans to allocate up to 50% of annual free cash flow to share buybacks.

Operational Progress in Drilling Program

Completion operations concluded successfully at Sunspear discovery and near completion at Katmai West number 2, with first production expected in late Q2 2025.

Strong Cash and Liquidity Position

Maintained leverage ratio of 0.8, built cash balance to approximately $203 million, and improved liquidity to approximately $960 million.

Effective Hedging Strategy

Approximately 42% of 2025 oil production hedged at prices over $72 per barrel, supporting cash flow stability.

Talos Energy (TALO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TALO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 06, 2025	2025 (Q2)	-0.26 / -	0.03	―	―	―
May 05, 2025	2025 (Q1)	-0.10 / 0.06	-0.13	146.15% (+0.19)
Feb 26, 2025	2024 (Q4)	-0.07 / 0.08	-0.01	900.00% (+0.09)
Nov 11, 2024	2024 (Q3)	-0.06 / -0.14	0.15	-193.33% (-0.29)
Aug 07, 2024	2024 (Q2)	-0.07 / 0.03	0.09	-66.67% (-0.06)
May 06, 2024	2024 (Q1)	-0.13 / -0.13	-0.01	-1200.00% (-0.12)
Feb 29, 2024	2023 (Q4)	0.17 / -0.01	0.2	-105.00% (-0.21)
Nov 06, 2023	2023 (Q3)	0.19 / 0.15	0.75	-80.00% (-0.60)	―
Aug 08, 2023	2023 (Q2)	0.21 / 0.09	1.2	-92.50% (-1.11)	―
May 08, 2023	2023 (Q1)	0.32 / -0.01	0.77	-101.30% (-0.78)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TALO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 05, 2025	$7.07	$7.38	+4.38%
Feb 26, 2025	$8.68	$9.14	+5.30%
Nov 11, 2024	$11.77	$11.97	+1.70%
Aug 07, 2024	$10.31	$12.06	+16.97%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Talos Energy (TALO) report earnings?

Talos Energy (TALO) is schdueled to report earning on Aug 06, 2025, After Close (Confirmed).

What is Talos Energy (TALO) earnings time?

Talos Energy (TALO) earnings time is at Aug 06, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TALO EPS forecast?

TALO EPS forecast for the fiscal quarter 2025 (Q2) is -0.26.

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