Talos Energy, Inc. (NYSE:TALO) is reporting third quarter earnings results on Wednesday 4th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.49 per share.
For the full year, analysts predict revenues of $ 685.09 million, while looking forward to income of $ 0.04 per share.
Previous Quarter Performance
Talos Energy, Inc. revealed loss for the second quarter of $ 0.45 per share, from the revenue of $ 88.87 million. Wall street analysts are predicting, TALO to report 2Q20 loss of $ 0.38 per share from revenue of $ 156.49 million. The bottom line results missed street analysts by $ 0.07 or 18.42 percent, at the same time, top line results fell short of analysts by $ 67.62 million or 43.21 percent.
Stock Performance
Shares of Talos Energy, Inc. traded low $ -0.33 or -4.94 percent on Tuesday, reaching $ 6.35 with volume of 455.90 thousand shares. Talos Energy, Inc. has traded high as $ 6.92 and has cracked $ 6.27 on the downward trend
According to the previous trading day, closing price of $ 6.35, representing a 33.60 % increase from the 52 week low of $ 5.00 and a 78.69 % decrease over the 52 week high of $ 31.34.
The company has a market capital of $ 463.69 million and is part of the Energy sector and Oil & Gas E&P industry.
Recent Analyst recommendations
- On 8th October 2020, maintained by KeyBanc at Overweight rating, with $ 14.00 target price.
Talos Energy Inc., an independent exploration and production company, focuses on the exploration and production in the United States Gulf of Mexico and offshore Mexico. The company was founded in 2011 and is headquartered in Houston, Texas.
