Talos Energy Swings to Adjusted Earnings as Q3 Revenue Rises

Talos Energy reported third quarter 2026 production of 68.5 thousand barrels of oil per day and 91.5 thousand barrels of oil equivalent per day, exceeding its previous guidance. The company generated $325.8 million in net cash from operating activities and $186.3 million in Adjusted Free Cash Flow, with Adjusted EBITDA reaching $406.1 million. During the quarter, Talos repurchased 1.4 million shares for $23.6 million. Management updated its full-year 2026 production guidance to a range of 68 to 70 MBo/d and 92.5 to 94.5 MBoe/d, accounting for recent acquisitions, divestments, and the anticipated impact of Hurricane Isaias, which is expected to reduce fourth-quarter production by approximately 7 MBoe/d.