Talos Energy Q3 net loss narrows 15% year over year to $81.24 million
TALO•Talos Energy’s third-quarter net loss attributable to shareholders narrowed 15% year over year to $81.24 million, while revenue rose 32% to $595.99 million. The company raised its full-year 2026 oil production guidance to 68,000–70,000 barrels per day.
1. Third-quarter results
Talos Energy’s third-quarter net loss attributable to shareholders narrowed 15% year over year to $81.24 million. Total revenue climbed 32% to $595.99 million.
2. Acquisition and guidance
Talos closed its acquisition of Shell deepwater assets on September 22 for a final net cash purchase price of $420 million. It raised full-year 2026 oil production guidance to 68,000–70,000 barrels per day, including the acquisition, shelf divestment and Hurricane Isaias impact.
