Talos Energy Inc.
In the published model solve dated 2026-Q2, anchored at $14.15, Talos Energy Inc. (TALO) is priced for today's economics sustained for ~6.2 years. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 11, 2026 from SEC EDGAR filings.
• Talos pairs deepwater Gulf infrastructure with a cash engine the income statement hides: $841.6 million of trailing free cash flow against a $2.27 billion market value, while reported operating income sits negative on impairments the 10-K ties directly to lower SEC benchmark pricing [FY2025 10-K, accession 0001193125-26-067807]. • The biggest risk is a levered cyclical structure: $1.33 billion of gross debt, interest coverage of roughly 1.2 times on through-cycle operating income, offshore de
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276 institutional managers reported holding TALO in 13F filings for the quarter ended 2026-03-31. Together they hold about 73% of the company; the top 10 hold 44%. 57 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 9.7M shares were sold short as of the 2026-06-15 count, about 6% of shares outstanding (6.4 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
TALO's share count grew 101.7% over the past five years even with $250.35M spent on repurchases. It pays no dividend. Cash returned over the past three years: $202.84M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at TALO over the trailing three years: 2023: 3 buys totaling $23.70M; 2024: 19 buys totaling $328.76M. 15 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
TALO's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-10 | +3.5% | -5.8% |
| 2023-11-08 | -7.0% | -3.9% |
| 2024-03-01 | +2.5% | -0.5% |
| 2024-05-08 | -3.7% | -10.5% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
TALO's latest 8-K filings: 2026-08-04 (items 2.02, 7.01, 9.01); 2026-07-27 (items 1.01, 2.03, 7.01, 9.01); 2026-07-13 (items 1.01, 2.03, 8.01, 9.01); 2026-07-02 (items 7.01, 8.01, 9.01); 2026-07-01 (items 7.01, 8.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 11, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.