Talos Energy Announces Third Quarter 2019 Financial And Operational Results

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Go back to Talos Energy Announces Third Quarter 2019 Financial And Operational Results

Talos Energy (TALO) Tops Q3 EPS by 13c, Revenues Miss

November 6, 2019 4:34 PM EST

Talos Energy (NYSE: TALO) reported Q3 EPS of $0.81, $0.13 better than the analyst estimate of $0.68. Revenue for the quarter came in at $228.9 million versus the consensus estimate of $241.76 million.

Key third quarter highlights include:

Production of 52.6 thousand barrels of oil equivalent per day ("MBoe/d"), or 4.8 million barrels of oil equivalent ("MMBoe") in total, of which 73% was oil and 80% was liquids. As previously disclosed, third quarter production was impacted by Hurricane Barry, resulting in the deferral of approximately 4.0 MBoe/d.Revenue(1) of $228.9 million and average realized prices of $59.54/Bbl of... More