Talos Energy (TALO)

• Market cap: $1.93B
• 1 day: 0.56%
• 5 days: -0.74%
• 1 month: 17.95%
• 3 months: 10.07%
• 6 months: -10.45%
• Year to date: 6.36%
• 1 year: -17.74%
• 5 years: -59.12%
• 10 years: -70.54%
• Sector: Energy
• Industry: Crude Petroleum & Natural Gas

About: Talos Energy Inc is an independent oil and gas company predominantly involved in offshore exploration and production. The company has operations in the United States, the Gulf of Mexico, and offshore Mexico. The company's operating segments are; exploration and production of oil, natural gas and NGLs, and the CCS segment. The revenue is generated from the sale of oil, natural gas, and NGL quantities sold to purchasers.

Employees: 600

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

48% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 29

6% more funds holding

Funds holding: 210 [Q2] → 223 (+13) [Q3]

10% more repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 71

4.14% less ownership

Funds ownership: 79.53% [Q2] → 75.39% (-4.14%) [Q3]

14% less funds holding in top 10

Funds holding in top 10: 7 [Q2] → 6 (-1) [Q3]

21% less capital invested

Capital invested by funds: $1.78B [Q2] → $1.41B (-$371M) [Q3]

86% less call options, than puts

Call options by funds: $2.63M | Put options by funds: $19.1M

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $12 12% upside
• Avg. target: $16.30 52% upside
• High target: $21 96% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

Stephens & Co. Mike Scialla 74% 1-year accuracy 26 / 35 met price target	96% upside $21	Overweight Reiterated	16 Jan 2025
Mizuho Nitin Kumar 59% 1-year accuracy 43 / 73 met price target	31% upside $14	Outperform Maintained	16 Dec 2024
JP Morgan Arun Jayaram 56% 1-year accuracy 18 / 32 met price target	12% upside $12	Neutral Initiated	5 Dec 2024
Citigroup Paul Diamond 50% 1-year accuracy 6 / 12 met price target	35% upside $14.50	Buy Maintained	14 Nov 2024
Benchmark Subash Chandra 46% 1-year accuracy 17 / 37 met price target	87% upside $20	Buy Reiterated	12 Nov 2024