Aug. 11 at 5:51 PM
$TALO One to watch / Opportunity
Earnings:
Improved full-year 2025 guidance reflects higher production, lower operating expenses and capital expenditures.
Produced 93.3 thousand barrels of oil equivalent per day.
Resumed drilling operations at the Daenerys prospect, with results anticipated by the end of the third quarter of 2025.
Recorded Net Loss of
$185.9 million which includes
$223.9 million of non-cash ceiling test impairment charges, or
$1.05 Net Loss per diluted share, and Adjusted Net Loss(2) of
$48.3 million, or
$0.27 Adjusted Net Loss per diluted share(2).
Generated Adjusted EBITDA(2) of
$294.2 million.
Allocated
$126.1 million to capital expenditures, excluding plugging and abandonment and settled decommissioning obligations.
Recorded net cash provided by operating activities of
$351.6 million.
Generated Adjusted Free Cash Flow(2) of
$98.5 million.
Repurchased approximately 3.8 million shares for
$32.6 million.
