Equity research analysts expect Talos Energy Inc. (NYSE: TALO – Get Rating) to report earnings of $0.44 per share for the current quarter, according to Zacks. Three analysts provided earnings estimates for Talos Energy. Talos Energy reported earnings of ($0.34) per share in the same quarter last year, indicating a positive year-over-year growth rate of 229.4%. The company is expected to release its next quarterly results after the market closes on Monday, January 1.

On average, analysts expect Talos Energy to report annual earnings of $2.50 per share for the current year. For next year, analysts expect the company to post earnings of $3.69 per share. Zacks’ EPS calculations are an average average based on a survey of sell-side research analysts who track Talos Energy.

TALO has been the subject of several research reports. BMO Capital Markets downgraded shares of Talos Energy from an ‘outperforming’ rating to a ‘market performing’ rating and cut its price target for the company from $14.00 to $12.50 in a report research Monday, January 10. TheStreet upgraded shares of Talos Energy from a “d” rating to a “c” rating in a Friday, February 25 research report. KeyCorp raised its price target on Talos Energy shares from $19.00 to $21.00 and gave the company an “overweight” rating in a Friday, April 8 research report. Finally, Zacks Investment Research upgraded Talos Energy shares from a “hold” rating to a “strong-buy” rating and set a price target of $21.00 on the stock in a research report on Wednesday. . One analyst gave the stock a hold rating, six gave the stock a buy rating and one gave the stock a strong buy rating. Based on data from MarketBeat, Talos Energy currently has an average rating of “Buy” and a consensus price target of $18.56.

TALO stock traded at $0.35 on Wednesday, hitting $18.95. 21,013 shares of the company were traded, against an average volume of 1,488,489. The company has a debt ratio of 1.26, a current ratio of 0.57 and a quick ratio of 0.57. Talos Energy has a 12-month low of $8.57 and a 12-month high of $19.64. The company has a fifty-day simple moving average of $15.03. The company has a market capitalization of $1.56 billion, a PE ratio of -8.42 and a beta of 2.59.

In other news, Director Riverstone Energy Partners V, sold 4,000,000 shares of the company in a trade dated Tuesday, March 8. The stock was sold at an average price of $17.41, for a total transaction of $69,640,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, accessible via the SEC’s website. 0.43% of the shares are held by insiders of the company.

Institutional investors and hedge funds have recently been buying and selling shares of the company. The South Dakota Investment Council raised its position in Talos Energy shares by 274.1% in the third quarter. The South Dakota Investment Council now owns 494,943 shares of the company worth $6,815,000 after acquiring 362,653 additional shares last quarter. Kestra Advisory Services LLC increased its equity stake in Talos Energy by 33.3% in the fourth quarter. Kestra Advisory Services LLC now owns 25,068 shares of the company worth $246,000 after purchasing an additional 6,268 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in Talos Energy shares by 139.2% during the third quarter. Arrowstreet Capital Limited Partnership now owns 229,860 shares of the company valued at $3,165,000 after purchasing an additional 133,760 shares during the period. Squarepoint Ops LLC increased its position in Talos Energy shares by 54.6% during the third quarter. Squarepoint Ops LLC now owns 40,339 shares of the company valued at $555,000 after purchasing an additional 14,249 shares during the period. Finally, Thrivent Financial for Lutherans increased its stake in shares of Talos Energy by 19.6% in the third quarter. Thrivent Financial for Lutherans now owns 354,485 shares of the company valued at $4,881,000 after purchasing an additional 58,156 shares during the period. Hedge funds and other institutional investors own 94.99% of the company’s shares.

About Talos Energy (Get a rating)

Talos Energy Inc, an independent exploration and production company, is focused on the exploration and production of oil and gas properties in the Gulf of Mexico in the United States and offshore Mexico. As of December 31, 2021, the company had proven reserves of 161.59 million barrels of oil equivalent, consisting of 107,764 thousand barrels of crude oil, 236,353 million cubic feet of natural gas and 14,435 thousand barrels of oil. raw.

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