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An announcement from Talos Energy ( (TALO) ) is now available.
Talos Energy has entered into a cooperation agreement with Control Empresarial, controlled by Carlos Slim’s family, to limit their share acquisition to not exceed 25% of Talos’s common stock. Additionally, Talos has sold a 30.1% stake in Talos Energy Mexico to Zamajal for $82.7 million, reducing its ownership to 20%, which will allow Talos to focus on maximizing shareholder returns and maintaining involvement in the Zama field.
More about Talos Energy
Talos Energy is an independent energy company focused on upstream exploration and production in the United States Gulf of Mexico and offshore Mexico. It leverages technical expertise and operational experience to acquire, explore, and produce assets while emphasizing safe operations, environmental responsibility, and community impact.
YTD Price Performance: -30.99%
Average Trading Volume: 1,973,136
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.77B
For a thorough assessment of TALO stock, go to TipRanks’ Stock Analysis page.