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Talos Energy — Third Quarter 2026 Earnings Summary

Talos Energy reported third-quarter 2026 production of 68.5 thousand barrels of oil per day and 91.5 thousand barrels of oil equivalent per day, exceeding guidance due to strong base performance and contributions from a completed acquisition. The company generated $186.3 million in Adjusted Free Cash Flow and recorded an Adjusted Net Income of $99.3 million, while repurchasing 1.4 million shares for $23.6 million. Following the acquisition of deepwater assets from Shell for $420 million, Talos raised its full-year 2026 production guidance to a range of 68 to 70 thousand barrels of oil per day. The company maintained a strong balance sheet with $410.2 million in cash and a Net Debt to LTM Adjusted EBITDA ratio of 0.6x as of September 30, 2026.

Company
TALOS ENERGY INC
Sector
Energy
Industry
Oil & Gas E&P