Talos Energy Q2 2023 Earnings Report
Key Takeaways
Talos Energy reported a net income of $13.7 million, or $0.11 per diluted share, and revenue of $367.2 million for the second quarter of 2023. The company drilled a successful commercial discovery at the Sunspear prospect and announced a transaction with Grupo Carso, selling a 49.9% interest in Talos Mexico for approximately $125 million.
Drilled a successful commercial discovery at the Talos-operated Sunspear prospect.
Announced a transaction with Grupo Carso, selling a 49.9% interest in Talos Energy Mexico for approximately $125 million.
Filed first EPA Class VI permit for carbon sequestration.
Repurchased 1.5 million shares of common stock for $20.9 million.
Talos Energy
Talos Energy
Forward Guidance
Talos Energy is focused on scaling up the development of its existing TLCS portfolio and accelerating its growth.