Talos Energy Announces First Quarter 2021 Results

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Go back to Talos Energy Announces First Quarter 2021 Results

Talos Energy (TALO) Misses Q1 EPS by 15c, Revenues Beat

May 5, 2021 5:26 PM EDT

Talos Energy (NYSE: TALO) reported Q1 EPS of ($0.34), $0.15 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $267.91 million versus the consensus estimate of $238.64 million.

Key Highlights:

Successful high-impact sub-salt Miocene deepwater exploration discovery at Puma West, located approximately 15 miles from the prolific Mad Dog field.Successful multi-well drilling program at Green Canyon 18 concluded. Rig mobilizing to Pompano to begin multi-well campaign.Completed two high-yield transactions that increased liquidity and materially extended the Company's maturity profile.Record production of 66.1 thousand barrels of oil equivalent... More