Talos Energy Announces Third Quarter 2026 Operational and Financial Results
PR Newswire•03/11/2026•16:15 ET
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Key Highlights
- ➤Q3 production 91.5 MBoe/d and 68.5 MBo/d exceeded guidance
- ➤Adjusted EBITDA reached $406.1 million; adjusted net income was $99.3 million
- ➤Completed Shell deepwater acquisition for a final net cash price of $420 million
- ➤Raised FY 2026 production guidance to 92.5–94.5 MBoe/d and 68–70 MBo/d
- ➤Repurchased 1.4 million shares for $23.6 million during the quarter
Expert Statements
Paul Goodfellow, President and Chief Executive Officer of Talos Energy
“The third quarter demonstrated the strength of the business we are building”
Paul Goodfellow, President and Chief Executive Officer of Talos Energy
“With the completion of our Gulf of America bolt-on acquisition, we have added high-quality, oil-weighted assets that increase free cash flow, improve margins and create additional infrastructure-led growth opportunities.”
Paul Goodfellow, President and Chief Executive Officer of Talos Energy
“Combined with strong performance from our base business, we are executing our strategy with greater scale, financial flexibility and a deeper portfolio of development and exploration opportunities to drive long-term value creation.”
Paul Goodfellow, President and Chief Executive Officer of Talos Energy
“Our teams delivered another quarter of consistent operational execution, disciplined cost management and strong financial outcomes.”
Paul Goodfellow, President and Chief Executive Officer of Talos Energy
“Looking ahead, we are focused on fully integrating the new deepwater assets, advancing development and exploration opportunities across the portfolio, and continuing to build the scale and portfolio depth to position Talos as the leading pure-play offshore E&P.”
Talos Energy Announces Third Quarter 2026 Operational and Financial Results PR Newswire
HOUSTON, Nov. 3, 2026 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its operational and financial results for the three months ended September 30, 2026. Talos also provided revised full-year 2026 guidance.
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