Talos Energy (TALO) Announces Proposed 6M Share Secondary Offering

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Talos Energy (TALO) Prices 6M Share Secondary Offering

November 9, 2021 5:34 AM EST

Talos Energy Inc. (NYSE: TALO) announced today the pricing of an underwritten public offering of an aggregate of 6,000,000 shares of its common stock by certain affiliates of Apollo Global Management and Riverstone Holdings LLC (the "Selling Stockholders"). Talos is not selling any shares of common stock in the Offering and will not receive any proceeds from any sale of shares by the Selling Stockholders. The Offering is expected to close on November 12, 2021, subject to customary closing... More

Talos Energy (TALO) PT Raised to $26 at Stifel

November 4, 2021 7:31 AM EDT

Stifel analyst Michael Scialla raised the price target on Talos Energy (NYSE: TALO) to $26.00 (from $25.00) while maintaining a Buy rating.

The analyst commented, "We view the release as neutral to slightly positive. The positives included: i) 3Q21 FCF beat our estimate as capex... More