Talos Energy Q4 Adjusted Loss Widens to $0.44, Revenue Falls 19% to $392M
Talos Energy reported a Q4 adjusted loss of $0.44 per share, missing the consensus loss estimate of $0.27 by 61% and deepening from a $0.19 loss in the prior quarter. Revenue slid 19.2% to $392.24 million, falling short of forecasts by 9.5% and down from $485.18 million a year earlier.
1. Q4 Financial Results
Talos Energy reported an adjusted Q4 loss of $0.44 per share, compared with a consensus loss estimate of $0.27 and a year-ago profit of $0.08 per share. Adjusted figures exclude non-recurring items.
2. Earnings and Revenue Surprise
Revenue for the quarter totaled $392.24 million, missing projections by 9.5% and down 19.2% from $485.18 million in Q4 2024. The -61% EPS surprise follows two consecutive quarters of smaller misses and beats.
3. Forward Estimates
Analysts forecast a Q1 2026 loss of $0.34 per share on $416.58 million in revenue and a full-year 2026 loss of $1.41 per share on $1.68 billion in revenue, reflecting modest downward revisions.
4. Stock Performance and Industry Context
Shares have gained roughly 19.2% year-to-date despite the earnings shortfall, while the U.S. exploration and production industry sits in the bottom 14% of over 250 sectors by performance.