TALOS ENERGY INC.
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 6, 2025
TALO$14.84+1.1%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
CONTENTS
| Page | ||
|---|---|---|
| GLOSSARY | 3 | |
| CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS | 5 | |
| PART I — FINANCIAL INFORMATION | ||
| Item 1. | Financial Statements | 7 |
| Condensed Consolidated Balance Sheets | 7 | |
| Condensed Consolidated Statements of Operations | 8 | |
| Condensed Consolidated Statements of Changes in Stockholders’ Equity - Three months ended September 30, 2025 and 2024 | 9 | |
| Condensed Consolidated Statements of Changes in Stockholders’ Equity - Nine months ended September 30, 2025 and 2024 | 10 | |
| Condensed Consolidated Statements of Cash Flows | 11 | |
| Notes to Condensed Consolidated Financial Statements | 12 | |
| Note 1 — Organization, Nature of Business and Basis of Presentation | 12 | |
| Note 2 — Acquisitions and Divestitures | 13 | |
| Note 3 — Property, Plant and Equipment | 15 | |
| Note 4 — Leases | 15 | |
| Note 5 — Financial Instruments | 16 | |
| Note 6 — Equity Method Investments | 18 | |
| Note 7 — Debt | 18 | |
| Note 8 — Asset Retirement Obligations | 19 | |
| Note 9 — Employee Benefits Plans and Share-Based Compensation | 19 | |
| Note 10 — Income Taxes | 20 | |
| Note 11 — Income (Loss) Per Share | 20 | |
| Note 12 — Related Party Transactions | 21 | |
| Note 13 — Commitments and Contingencies | 21 | |
| Note 14 — Segment Information | 23 | |
| Note 15 — Subsequent Events | 25 | |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 26 |
| Item 3. | Quantitative and Qualitative Disclosures About Market Risk | 38 |
| Item 4. | Controls and Procedures | 39 |
| PART II — OTHER INFORMATION | ||
| Item 1. | Legal Proceedings | 40 |
| Item 1A. | Risk Factors | 40 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 40 |
| Item 3. | Defaults Upon Senior Securities | 40 |
| Item 4. | Mine Safety Disclosures | 40 |
| Item 5. | Other Information | 40 |
| Item 6. | Exhibits | 41 |
| Signatures | 43 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.