TALO
Talos Energy Inc.
TALO lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
TALO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Strong | |
| Healthy |
TALO's revenue, cash flow and balance sheet are currently healthy, but its profitability is under pressure.
TALO PE Valuation
TALO has no meaningful PE right now: it lost money over the past year.
TALO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for TALO, with profitability improving. However, they disagree widely on these estimates.
TALO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.83 | — |
| Q3 2026 | -$2.30 | -$0.36 |
| Q2 2026 | -$2.36 | -$1.46 |
| Q1 2026 | -$4.29 | -2050% |
| Q4 2025 | -$2.82 | -$2.38 |
| Q3 2025 | -$1.94 | -513% |
| Q2 2025 | -$0.90 | -$0.86 |
| Q1 2025 | $0.22 | +$0.22 |
| Q4 2024 | -$0.44 | -128% |
TALO is still losing money, but far less than before: $2.30 per share over the past year, against $10.09 at its worst in early 2021.
TALO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $596M | +32% |
| Q2 2026 | $664.8M | +57% |
| Q1 2026 | $472.3M | -7.9% |
| Q4 2025 | $392.2M | -19% |
| Q3 2025 | $450.1M | -12% |
| Q2 2025 | $424.7M | -23% |
| Q1 2025 | $513.1M | +19% |
| Q4 2024 | $485.2M | +26% |
TALO's revenue is growing: $596M last quarter, up 32% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 26% | +46 points |
| Q2 2026 | 30% | +94 points |
| Q1 2026 | -25% | -34 points |
| Q4 2025 | -62% | -68 points |
| Q3 2025 | -19% | -24 points |
| Q2 2025 | -64% | -74 points |
| Q1 2025 | 8.5% | -7.3 points |
| Q4 2024 | 5.6% | -3.4 points |
TALO's operating margin was 26% last quarter, up 45 points from the same quarter a year ago.
TALO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $325.8M | +185% |
| Q2 2026 | $300.6M | -15% |
| Q1 2026 | $174M | -35% |
| Q4 2025 | $201.8M | -42% |
| Q3 2025 | $114.2M | -50% |
| Q2 2025 | $351.6M | +22% |
| Q1 2025 | $268.2M | +178% |
| Q4 2024 | $349.3M | +98% |
TALO's free cash flow has been positive every quarter for seven years: $1B over the past year, down 7.5% from the year before.
TALO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2% | -3.5M shares |
| 1 year | -3.8% | -6.7M shares |
| 3 years | +33% | +41M shares |
| 5 years | +153% | +101M shares |
TALO has 167M diluted shares, down 3.8% from a year ago, with $77M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $22.6M |
| Q2 2026 | — |
| Q1 2026 | $38.2M |
| Q4 2025 | $16.5M |
| Q3 2025 | $48.3M |
| Q2 2025 | $37.4M |
| Q1 2025 | $17.3M |
| Q4 2024 | — |
TALO spent $77M buying back its own shares over the past year, down 25% from the year before.
TALO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.1x | Healthy |
| Q2 2026 | 0.9x | Very low |
| Q1 2026 | 3.0x | Moderate |
| Q4 2025 | 1.7x | Healthy |
| Q3 2025 | 1.1x | Healthy |
| Q2 2025 | 0.9x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 0.9x | Very low |
TALO's net debt is about 1.1 years of its operating earnings (EBITDA), about the same as a year ago.
TALO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.5 | Neutral |
| Stochastic | 50.0 | Neutral |
TALO's weekly RSI is 51 (neutral) and its Stochastic is 50 (neutral).
TALO PE vs Energy Sector
| Metric | TALO | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
TALO has no meaningful PE right now: it lost money over the past year.
TALO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $16.9 | 5.5% below |
| 20 week MA | $16.2 | 1.1% below |
| 50 week MA | $14.6 | 9.7% above |
| 100 week MA | $11.8 | 35% above |
| 200 week MA | $12.7 | 26% above |
TALO has slipped below its 8- and 20-week averages, though it's still 26% above its 200-week average.
TALO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $29.7 | $8.21 | -72% |
| 2021 | $8.21 | $9.82 | +20% |
| 2022 | $9.82 | $19.6 | +99% |
| 2023 | $19.6 | $14.2 | -27% |
| 2024 | $14.2 | $9.24 | -35% |
| 2025 | $9.24 | $10.9 | +18% |
| 2026 YTD | $10.9 | $16.0 | +47% |
TALO is up 47% so far in 2026, after finishing lower in three of the previous six years.