TALOS ENERGY INC.

TALO · Small cap · Calculated market cap · $2.7B · as of 2026-09-30

Company Stats

Market Cap: $2.7B; as of Sep 30, 2026
Enterprise Value: $3.6B
Shares Outstanding: 167.0M
Free Float: 72.4%

Income Statement

Revenue: $1.8B
Operating Income: -$560.3M
Net Income: -$494.3M
EBITDA: $496.0M
Revenue Growth, 3Y: 2.5%
FCF Margin, 3Y Avg: 40.0%
FCF Margin, Worst Year: 27.7%

Cash Flow

Free Cash Flow: $851.1M
FCF Yield: 31.2%
Owner FCF Yield: 30.5%

Balance Sheet

Cash & Equivalents: $362.8M
Total Debt: $1.2B
Net Debt: $887.2M
Net Debt / EBITDA: 1.79x
EV / EBITDA: 7.29x

Returns & Capital

Share Repurchases: $119.5M
Buyback Yield, 3Y Avg: 2.6%
SBC, 3Y Avg: $15.3M

Cash Flow by Year

Year	Revenue	FCF	Margin
FY2025	$1.8B	$851.1M	47.8%
FY2024	$2.0B	$877.0M	44.4%
FY2023	$1.5B	$404.1M	27.7%
FY2022	$1.7B	$604.0M	36.6%
FY2021	$1.2B	$365.6M	29.4%

Annual filing data through FY ended December 31, 2025; shares and float as of November 3, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Company RSS

Earnings

Nov 4, 2026Talos Raises 2026 Oil Guidance After Shell Close Aug 5, 2026Talos Raises Production Outlook After Record Cash Generation

Other Coverage

September 28, 2026 QBook

Stronger demand supports expansion as pricing diverges September 23, 2026 Deals

Talos Energy Closes $420 Million Gulf of America Asset Purchase August 14, 2026 Industry Earnings Roundup

Energy Earnings: Demand Runs Hot, Capex Stays Disciplined July 9, 2026 Small-Cap Signal

Agentic AI Drives Explosive Small-Cap Infrastructure Demand July 2, 2026 Small-Cap Signal

AI Infrastructure Capital Floods In While Biotech Trials Split June 30, 2026 Share Count Trends

Utilities Lead Quarterly Dilution as Materials Buybacks Gain June 30, 2026 Deals

Talos Energy to Acquire Shell Deepwater Gulf Assets in $850 Million Deal

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