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Talos Energy Reports 2024 Losses and CEO Transition

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Talos Energy Reports 2024 Losses and CEO Transition

The latest update is out from Talos Energy ( (TALO) ).

On February 26, 2025, Talos Energy announced its operational and financial results for the fourth quarter and full year of 2024, reporting a net loss of $64.5 million for the quarter and $76.4 million for the year. Despite the losses, the company achieved significant operational milestones, including successful drilling at the Katmai West field and the commencement of completion operations at Sunspear. Talos also announced a leadership transition with Paul Goodfellow set to become the new CEO, and a strategic sale of a 30.1% interest in Talos Mexico to Grupo Carso, expected to close in 2025.

More about Talos Energy

Talos Energy Inc. is an oil and gas company primarily focused on the exploration and production of oil and natural gas, particularly in deepwater operations. The company is involved in activities such as drilling and developing oil fields, with a significant presence in the Gulf of Mexico.

YTD Price Performance: -13.80%

Average Trading Volume: 1,680,660

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.56B

Find detailed analytics on TALO stock on TipRanks’ Stock Analysis page.

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