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Offshore Gulf of Mexico oil & gas producer, also developing carbon capture and storage projects.
Offshore Gulf of Mexico oil & gas producer, also developing carbon capture and storage projects.
Develops offshore fields with large upfront spending and then produces for years, selling oil and gas at market prices to Gulf Coast buyers, so profit depends on prices and on uptime, since hurricanes can shut platforms. Carbon capture is a separate longer-term business that relies on tax credits.
Moat: narrow (installed base, process know-how). Established offshore Gulf infrastructure and operating expertise, but a capital-intensive, cyclical business.
Headquarters: Houston, Texas, United States · Founded: 2012 · Employees: 700
Size Talos Energy (TALO) is a United States Energy company (Oil & Gas Production) with a market value of $2.48B, the 1659th largest of 3,117 United States companies the cockpit tracks. Shares closed at $14.84 on 6 Nov 2026.
Performance Over six months the shares fell 1.0%, against -10.8% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd highest of 20 in its peer set.
Growth Revenue grew 13.5% over the last twelve months (peer median +10.0%); the operating margin is 14.4% (peer median 24.0%).
Valuation It trades at 7.9× forward earnings against a peer median of 11.1× (9th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +25%, so the hurdle is -30 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.5 points above its cost of capital (6.5% WACC).
Short interest Short interest is 5.3% of the free float (15 Oct 2026).
Next results Next results expected around 2 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $2.13B | $1.78B | $1.97B | $1.46B | $1.65B |
| Revenue growth | — | -10% | +35% | -12% | — |
| Gross profit | $479M | $51.4M | $265M | $316M | $870M |
| EBITDA | $1.38B | $1.08B | $1.37B | $931M | $1.21B |
| Net income | -$390M | -$494M | -$76.4M | $187M | $382M |
| Free cash flow | $460M | $454M | $454M | -$42.4M | $387M |
| Capital expenditure | $518M | $482M | $509M | $574M | $323M |
| Total debt | $1.51B | $1.42B | $1.37B | $1.20B | $768M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Talos Energy TALO | $2.48B | -1% | +13% | 14% | 7.9× | -5.0% |
| Kosmos Energy KOS | $1.26B | -23% | +23% | 23% | 4.6× | -6.4% |
| Murphy Oil MUR | $5.16B | -3% | +8% | 22% | 8.6× | -0.7% |
| W&T Offshore WTI | $479M | -17% | +20% | 5% | 498.4× | 3.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | TALO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -12.4% | -9.2% | 6th lowest of 21 |
| 6-month return | -1.0% | -10.8% | 3rd highest of 20 |
| Distance from 52-week high | -20.9% | -30.4% | 6th highest of 21 |
| Revenue growth (TTM) | +13.5% | +10.0% | 9th highest of 19 |
| Operating margin | 14.4% | 24.0% | 5th lowest of 19 |
| Forward P/E | 7.9× | 11.1× | 9th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | -5.0% | -1.6% | 5th least demanding of 11 |
| Growth delivered (Del g) | +25.3% | +16.4% | 4th highest of 11 |
| Hurdle (Req g minus delivered) | -30.3 pp | -20.6 pp | 2nd least demanding of 11 |
| ROIC minus cost of capital | +1.5 pp | +1.5 pp | 11th highest of 21 |
| EV / EBITDA | 2.6× | 5.3× | cheapest of 18 |
| Net debt / EBITDA | 0.8× | 1.2× | 5th least indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Talos Energy TALO | United States | $2.48B | -1% | +13% | 14% | 7.9× | -5.0% | +25.3% |
| Northern Oil and Gas NOG | United States | $2.43B | -2% | -3% | 30% | 4.9× | n/a | n/a |
| Gulfport Energy GPOR | United States | $2.65B | -16% | +27% | 42% | 6.3× | -13.4% | +10.6% |
| International Petroleum Corp. (British Columbia) IPCO.TO | Canada | $2.85B | 0% | +11% | 19% | 11.2× | n/a | n/a |
| Select Water Solutions WTTR | United States | $2.09B | -4% | -2% | 4% | 28.9× | n/a | n/a |
| Jiangxi Jovo Energy 605090.SS | China | $3.02B | -37% | -7% | 9% | 11.8× | -0.6% | +17.9% |
| Topaz Energy TPZ.TO | Canada | $3.17B | -9% | +22% | 60% | 22.8× | 5.9% | +29.4% |
| Energean ENOG.L | United Kingdom | $1.72B | -19% | +9% | 27% | 4.2× | -2.4% | +126.8% |
| Spartan Delta SDE.TO | Canada | $1.63B | -11% | +93% | 32% | 7.6× | n/a | n/a |
| Patterson-UTI Energy PTEN | United States | $3.76B | -13% | 0% | 0% | 26.0× | 42.6% | +33.8% |
| Vermilion Energy VET.TO | Canada | $1.61B | -9% | -2% | 14% | 4.3× | -0.8% | +9.1% |
| Etablissements Maurel & Prom MAU.PA | France | $1.57B | -29% | -11% | 31% | 5.4× | n/a | n/a |
| Comstock Resources CRK | United States | $3.94B | -5% | +17% | 19% | 43.4× | n/a | n/a |
| NextDecade NEXT | United States | $1.56B | -23% | n/a | n/a | n/a | n/a | n/a |
| BlueNord BNOR.OL | Norway | $1.49B | -6% | +28% | 32% | 10.9× | -12.2% | +15.0% |
| Beach Energy BPT.AX | Australia | $1.42B | -16% | -9% | 21% | 5.5× | -12.2% | +4.2% |
| Cardinal Energy CJ.TO | Canada | $1.40B | -8% | +18% | 31% | 11.8× | 5.3% | +17.9% |
| Parex Resources PXT.TO | Canada | $1.36B | -30% | +14% | 29% | 3.5× | -11.2% | +11.5% |
| Zhongman Petroleum and Natural Gas 603619.SS | China | $1.30B | -42% | -13% | 20% | 20.7× | n/a | n/a |
| Vedanta Oil and Gas VOGL.NS | India | $1.27B | n/a | n/a | n/a | n/a | n/a | n/a |
| Advantage Energy AAV.TO | Canada | $1.26B | +6% | +14% | 20% | 16.0× | n/a | n/a |