Talos Energy (TALO) Beats Forecasts in Q1 Report

Talos Energy Inc. (NYSE:TALO) is included among the 10 Best Energy Stocks to Buy Under $20 According to Billionaires.

Talos Energy Inc. (NYSE:TALO) is a leading energy company focused on offshore oil and gas exploration and production in the United States Gulf Coast, the Gulf of America, and offshore Mexico.

Talos Energy Inc. (NYSE:TALO) reported better-than-expected results for its Q1 2026 on May 5, with the company’s adjusted loss per share of $0.07 beating estimates by $0.04. Revenue of $472.3 million also topped expectations of $22.3 million.

Talos Energy Inc. (NYSE:TALO)’s production of approximately 89,000 boepd exceeded first-quarter guidance, driven by the strong new well productivity at Cardona, continued solid base performance, and high facility uptime. The company generated adjusted EBITDA of $293.4 million in the first quarter, while its adjusted free cash flow came in at $113.2 million.

Talos Energy Inc. (NYSE:TALO) is targeting total production of 88,000 to 92,000 boepd in the second quarter, including oil production of 63,000 to 67,000 bpd. Meanwhile, total output for the full-year 2026 is expected at 85,000 to 90,000 boepd, including 62,000 to 66,000 bpd of oil. Meanwhile, capital expenditures for the year, excluding P&A, are forecasted to range between $500 million and $550 million.

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