Talos Energy (TALO) to Release Earnings on Monday

Talos Energy (NYSE:TALO) will be announcing its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Talos Energy (NYSE:TALO) last posted its quarterly earnings data on Wednesday, February 28th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.26). Talos Energy had a return on equity of 0.76% and a net margin of 12.85%. The business had revenue of $384.96 million during the quarter, compared to analyst estimates of $386.90 million. On average, analysts expect Talos Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Talos Energy Stock Up 0.5 %

Shares of TALO stock opened at $13.26 on Friday. The stock’s fifty day moving average price is $13.47 and its 200 day moving average price is $13.68. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.73 and a quick ratio of 0.73. Talos Energy has a 1-year low of $10.69 and a 1-year high of $17.59. The company has a market cap of $2.44 billion, a price-to-earnings ratio of 8.19 and a beta of 1.99.

Analysts Set New Price Targets

A number of research firms recently commented on TALO. TheStreet cut shares of Talos Energy from a “b-” rating to a “c+” rating in a research note on Tuesday, March 19th. Stifel Nicolaus boosted their price objective on shares of Talos Energy from $17.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, April 23rd. KeyCorp upped their target price on Talos Energy from $20.00 to $21.00 and gave the company an “overweight” rating in a research report on Monday, April 22nd. Stephens reaffirmed an “overweight” rating and set a $26.00 price target on shares of Talos Energy in a research report on Monday, April 22nd. Finally, Citigroup began coverage on Talos Energy in a report on Friday, March 22nd. They issued a “buy” rating and a $16.50 price objective on the stock. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $21.19.

Insider Activity at Talos Energy

In other Talos Energy news, insider Control Empresarial De Capital purchased 468,729 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The shares were purchased at an average cost of $12.77 per share, with a total value of $5,985,669.33. Following the completion of the purchase, the insider now owns 35,216,510 shares in the company, valued at approximately $449,714,832.70. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.79% of the stock is currently owned by corporate insiders.

Talos Energy Company Profile

Talos Energy Inc, through its subsidiaries, engages in the exploration and production of oil, natural gas, and natural gas liquids in the United States and Mexico. It also engages in the development of carbon capture and sequestration. Talos Energy Inc was founded in 2011 and is headquartered in Houston, Texas.