Talos Energy Announces First Quarter 2026 Operational and Financial Results
Talos Energy exceeded operational expectations in the first quarter, producing 88.8 MBoe/d which topped the high-end of guidance ranges, supported by early production at Cardona and strong facility uptime. The company also successfully closed the Zama transaction and finalized drilling at CPN, while drilling operations have commenced at the Monument discovery. The company generated $113.2 million of Adjusted Free Cash Flow and repurchased 2.7 million shares for $38.2 million, utilizing 34% of its FCF for capital returns.
Key figures
- Revenue
- 472310000
- Guidance
- Q2 2026 production 63-67 MBo/d; 88-92 MBoe/d. FY 2026 production 85-90 MBoe/d; 62-66 MBo/d. Reiterated full year guidance.
- Adjusted fcf
- 113200000
- Cash balance
- 386400000
- Adjusted ebitda
- 293400000
- Buyback q1 amount
- 38200000
- Impairment charge
- 145000000
- Net debt to ebitda
- 0.8x
- Production boe per day
- 63.8
- Production mboe per day
- 88.8
- Buyback shares repurchased
- 2700000
- Buyback authorization total
- 200000000
AI analysis
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