The earnings call highlighted Talos Energy's strong operational and financial performance, with significant free cash flow generation, a robust share repurchase program, and a strengthened balance sheet. However, these positives were slightly offset by a noncash impairment and operational challenges like the Sunspear well shut-in and delays in the Marmalard project.

Company Guidance -

Q3 2025

During the Talos Energy Second Quarter 2025 Earnings Conference Call, the company provided detailed guidance emphasizing its strategic pillars aimed at enhancing business efficiency, production growth, and portfolio expansion. Talos plans to generate an additional $100 million in free cash flow annually starting in 2026, with $25 million expected by the end of 2025. This will be achieved through capital efficiency, margin enhancement, and organizational improvements. The second quarter production averaged 93,300 barrels of oil equivalent per day, with oil constituting 69% of the total output. Adjusted EBITDA stood at $294 million, translating to a netback margin of approximately $35 per barrel of oil equivalent. The company also reduced its 2025 capital expenditure guidance to between $590 million and $650 million. Talos successfully executed $8 million in savings towards its cash flow target and highlighted its continued focus on safe and efficient operations, with initiatives like the Arnold P&A project demonstrating significant cost reductions.

Strong Operational Performance

Second quarter production averaged 93,300 barrels of oil equivalent per day, with oil making up 69% of the total. Talos outperformed consensus estimates for adjusted EBITDA, posting $294 million for the quarter.

Free Cash Flow Generation

Talos generated $99 million in adjusted free cash flow for the quarter, with $25 million in contributions anticipated by the end of 2025 and a target of $100 million annually starting in 2026.

Share Repurchase Program

Repurchased 3.8 million shares for $33 million, bringing total repurchases under the program to $100 million. The company plans to allocate up to 50% of annual free cash flow to share buybacks.

Balance Sheet Strength

Leverage ratio reduced to 0.7x, with cash balance growing by 75% to $357 million and an increase in liquidity to $1 billion.

Cost Savings Initiatives

Identified and executed initiatives to generate $100 million in additional free cash flow annually starting in 2026, with $8 million in savings already achieved.

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
Nov 11, 2025	2025 (Q3)	-0.40 / -	-0.14	―	―	―
Aug 06, 2025	2025 (Q2)	-0.26 / -0.27	0.03	-1000.00% (-0.30)
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)	―

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
Aug 06, 2025	$7.79	$7.85	+0.77%
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%

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 Nov 11, 2025, After Close (Confirmed).

What is Talos Energy (TALO) earnings time?

Talos Energy (TALO) earnings time is at Nov 11, 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 (Q3) is -0.4.

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