Talos Energy reports Q3 adjusted EPS (19c) , consensus (37c)

Reports Q3 revenue $450.05M, consensus $428.41M. Produced 95.2 thousand barrels of oil equivalent per day, 70% oil, 76% liquids. “As we continue to execute our strategy, we are seeing clear, measurable results as evidenced by an outstanding third quarter of production outperformance, capital discipline and expense management,” said CEO Paul Goodfellow. “We have accelerated progress on our Optimal Performance Plan, surpassing our year-end 2025 target of $25M. To date, the team has realized over $40M in free cash flow enhancements, giving us excellent momentum toward achieving our $100M target in 2026. Q3 results continued our track record of consistent operational execution, strong financial results, and returning capital to our shareholders. The company generated over $100M of adjusted free cash flow which enabled us to repurchase 5 million shares for approximately $48M, reinforcing our ongoing commitment to returning capital to shareholders”.