Talos Energy (TALO) to Release Earnings on Wednesday

Talos Energy (NYSE:TALO) will likely be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $488.94 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Talos Energy Price Performance

TALO stock opened at $8.86 on Tuesday. Talos Energy has a 52-week low of $8.84 and a 52-week high of $14.67. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.47. The stock has a market cap of $1.59 billion, a price-to-earnings ratio of 16.40 and a beta of 1.89. The business has a fifty day moving average of $9.79 and a two-hundred day moving average of $10.55.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on TALO shares. Benchmark restated a “buy” rating and issued a $20.00 price objective on shares of Talos Energy in a report on Tuesday, November 12th. Mizuho reduced their price target on shares of Talos Energy from $16.00 to $14.00 and set an “outperform” rating on the stock in a research note on Monday, December 16th. Citigroup increased their price objective on shares of Talos Energy from $12.50 to $14.50 and gave the stock a “buy” rating in a research report on Thursday, November 14th. Stephens cut their target price on Talos Energy from $21.00 to $20.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Finally, JPMorgan Chase & Co. began coverage on Talos Energy in a research note on Thursday, December 5th. They set a “neutral” rating and a $12.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $15.83.

About Talos Energy

Talos Energy Inc, through its subsidiaries, engages in the exploration and production of oil, natural gas, and natural gas liquids in the United States and Mexico. It also engages in the development of carbon capture and sequestration. Talos Energy Inc was founded in 2011 and is headquartered in Houston, Texas.