NYSE$TALO

Talos Energy Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Talos Energy reported Q3 2025 total revenues of $450.1M with a net loss of $95.9M.

Third-quarter total revenues were $450.1 million. The company reported a net loss driven by depreciation, depletion, and impairment charges in upstream operations. Production and commodity prices remain key earnings drivers.

  • Q3 total revenues $450.1M.
  • Net loss reflects DD&A and impairment items.
  • Gulf of Mexico production and acquisitions shape outlook.
  • Commodity price volatility affects cash flows.

Headline financials

Total Revenue

$450M

Previous: $509M-11.6%
EPS (adj)

-$0.19

Previous: $0.49-138.8%
Avg Net Daily Production

95.2K

No prior period
Oil Production

66.6K

No prior period
NGL Production

5.8K

No prior period
Oil Production Mix

70.0%

No prior period
Liquids Production Mix

76.0%

No prior period
Avg Realized Oil Price

$65.32

No prior period
Avg Realized Gas Price

$3.28

No prior period
Avg Realized NGL Price

$16.14

No prior period
Avg Realized Price per Boe

$51.39

No prior period
Lease Operating Expenses

$134M

No prior period
LOE per Boe

$15.27

No prior period
Adjusted G&A Expenses

$36M

No prior period
Adjusted G&A per Boe

$4.11

No prior period
Capital Expenditures

$105M

No prior period
P&A Expenditures

$52.4M

No prior period
Adjusted EBITDA

$301M

No prior period
Adjusted Free Cash Flow

$103M

No prior period
Total Debt

$1.25B

No prior period
Net Debt

$917M

No prior period
Net Debt to LTM EBITDA

0.7

No prior period
Adjusted EBITDA per Boe

$34.40

No prior period
Net Income

-$95.9M

Previous: $88.2M-208.8%
Operating Income

-$86.2M

Previous: $23.5M-466.0%

Revenue & EPS history

Talos Energy · Revenue · Quarterly

$450M

Q3 2025-11.6%vs Q3 2024
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

Upstream outlook centers on production volumes, commodity prices, and capital discipline.

Tailwinds

  • Production growth and acquisitions.
  • Operational efficiency.

Headwinds

  • Commodity price volatility.
  • Regulatory and environmental costs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-0.3%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+3.2%

Avg return

30 days after

47%

18 / 38 earnings

Positive

+19.2%

Q2 2024

Best reaction

-17.0%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.8%-7.5%-5.7%
Q4 2025-13.5%-1.8%+26.2%
Q3 2025+2.4%+11.5%+24.0%
Q1 2025+4.4%+14.6%+11.5%
Q4 2024+5.3%-2.3%+9.6%
Q3 2024+1.2%-4.6%-13.4%
Q2 2024+19.2%+18.3%+7.9%
Q1 2024-3.7%-5.8%-18.6%
Q4 2023-0.2%+0.3%+7.2%
Q3 2023-9.4%-8.5%-20.6%
Q2 2023+3.5%+3.2%+3.3%
Q1 2023-17.0%-13.2%+4.4%
Q4 2022-11.9%-7.7%-18.7%
Q3 2022-4.5%-0.0%-9.2%
Q2 2022+8.3%+9.6%+24.1%
Q1 2022+1.4%-10.7%+20.7%
Q4 2021+9.6%+33.1%+28.9%
Q3 2021-2.9%-1.7%-25.5%
Q2 2021-6.9%-2.0%+15.3%
Q1 2021+5.8%+6.5%+38.7%
Q4 2020+1.8%+11.3%-9.8%
Q3 2020-4.7%+9.6%+58.6%
Q2 2020-4.4%+7.2%-8.5%
Q1 2020+3.4%+4.2%+39.0%
Q4 2019-10.3%-1.1%-7.5%
Q3 2019+0.2%-1.6%+5.3%
Q2 2019+3.7%+4.8%+7.2%
Q1 2018-1.9%-3.2%-22.4%
Q1 2019-2.0%-4.6%-22.9%
Q4 2018+11.8%+10.5%+25.4%
Q1 2017+11.8%+12.3%+28.3%
Q3 2018+2.5%-8.7%-21.9%
Q3 2017+2.5%-8.7%-21.9%
Q4 2015-2.8%+0.1%-9.1%
Q4 2017-2.8%+0.1%-9.1%
Q4 2016-2.8%+0.1%-9.1%
Q2 2017-3.8%-8.0%-2.4%
Q2 2018-2.9%-8.0%-8.1%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro