Talos Energy (NYSE: TALO) reported Q4 EPS of $0.45, $0.26 better than the analyst estimate of $0.19. Revenue for the quarter came in at $383 million versus the consensus estimate of $302.12 million.

2022 Guidance Highlights:

• Production of 60.0 - 64.0 MBoe/d, inclusive of 3.0 – 4.0 MBoe/d of deferred production from forecasted planned downtime for the year and unplanned third-party downtime realized during the first quarter
• Capital Expenditures of $450 - $480 million, equating to an approximately 55% upstream Reinvestment Rate at current commodity prices or approximately 60% all-in including $30 million in carbon capture and sequestration ("CCS") investments
• Reduce leverage to approximately 1.0x by year-end driven by strong free cash flow generation and focus on debt paydown

For earnings history and earnings-related data on Talos Energy (TALO) click here.