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Talos Energy Announces First Quarter 2026 Operational and Financial Results
Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for the three months ended March 31, 2026. Talos also provided second quarter 2026 guidance for production and reiterated its operational and financial guidance for the full-year 2026.
About this update from Talos Energy, Inc.
[{"type":"text","content":"HOUSTON, May 5, 2026 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for the three months ended March 31, 2026. Talos also provided second quarter 2026 guidance for production and reiterated its operational and financial guidance for the full-year 2026.","length":358,"tagName":"p"},{"type":"image","alt":"Talos Energy Logo (PRNewsfoto/Talos Energy)","displaySize":"","headline":null,"caption":"Talos Energy Logo (PRNewsfoto/Talos Energy)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":101,"url":"https://media.zenfs.com/en/prnewswire.com/f1fea30550912daf5fa6de18232ef873"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/uXA91aLb0TESuK0ruBfHAg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE3OA--/https://media.zenfs.com/en/prnewswire.com/f1fea30550912daf5fa6de18232ef873","width":400,"height":101}},"href":"https://mma.prnewswire.com/media/2794961/Talos_Energy_PR_Newswire_Logo_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"First Quarter and Recent Key Highlights","length":39,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Produced 63.8 thousand barrels of oil per day ("MBo/d") and 88.8 thousand barrels of oil equivalent per day ("MBoe/d"); oil production at the high-end and total equivalent production exceeding first quarter guidance ranges.","length":243,"tagName":"p"}]},{"val":[{"type":"text","content":"Reported net cash provided by operating activities of $174.0 million.","length":69,"tagName":"p"}]},{"val":[{"type":"text","content":"Generated Adjusted Free Cash Flow(1)(2) of $113.2 million.","length":58,"tagName":"p"}]},{"val":[{"type":"text","content":"Repurchased approximately 2.7 million shares for $38.2 million or 34% of Adjusted Free Cash Flow(1)(2). Board of Directors approved increase in share repurchase authorization to $200 million.","length":191,"tagName":"p"}]},{"val":[{"type":"text","content":"Recorded Net Loss(2) of $256.2 million, or $1.52 Net Loss(2) per diluted share which includes $145.0 million of non-cash ceiling test impairment charges. Recorded Adjusted Net Loss(1)(2) of $11.3 million, or $0.07 Adjusted Net Loss per diluted share(1)(2).","length":256,"tagName":"p"}]},{"val":[{"type":"text","content":"Generat...