Talos Energy Q4 revenue misses analyst expectations

Talos Energy

24/02/2026 21:44

Overview

U.S. energy firm's Q4 revenue missed analyst expectations, adjusted net income also missed

Company recorded a significant non-cash impairment charge due to lower oil prices

Outlook

Company forecasts 2026 capex between $500 mln and $550 mln

Talos plans appraisal well for Daenerys discovery in Q2 2026

Result Drivers

IMPAIRMENT CHARGE - Lower average oil prices led to a non-cash impairment charge of $170.4 mln, affecting net income

TARANTULA FACILITY - Achieved record throughput at Tarantula Facility of 38 Mboe/d due to debottlenecking efforts

CARDONA WELL - Successfully drilled and completed Cardona well under budget and ahead of schedule

Company press release: ID:nPn4tNnsca

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$392.24 mln
$432.17 mln (10 Analysts)
Q4 Adjusted Net Income
Miss
-$76.48 mln
-$49.55 mln (6 Analysts)
Q4 Net Income
-$202.58 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas exploration and production peer group is "buy"

Wall Street's median 12-month price target for Talos Energy Inc is $14.00, about 6.5% above its February 23 closing price of $13.14

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)