TALOS ENERGY INC.

For the period ended Mar 31, 2026. Filed May 6, 2026.

About 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.

Mar 31, 2026 · Filed May 6, 2026

TALO$14.87+1.7%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

(In thousands, except per share amounts)

	Three Months Ended March 31,
	2026	2025
Revenues:
Oil	$407,998	$440,723
Natural gas	52,903	52,735
NGL	11,409	19,601
Total revenues	472,310	513,059
Operating expenses:
Lease operating expense	129,035	127,805
Production taxes	43	114
Depreciation, depletion and amortization	230,384	280,716
Impairment of oil and natural gas properties	145,018	—
Accretion expense	34,939	30,894
General and administrative expense	40,970	34,615
Other operating (income) expense	11,347	(4,536)
Total operating expenses	591,736	469,608
Operating income (expense)	(119,426)	43,451
Interest expense	(39,178)	(40,927)
Price risk management activities income (expense)	(173,547)	(15,853)
Equity method investment income (expense)	6,670	(490)
Other income (expense)	4,185	3,860
Net income (loss) before income taxes	(321,296)	(9,959)
Income tax benefit (expense)	65,292	91
Net income (loss)	$(256,004)	$(9,868)
Net income (loss) attributable to noncontrolling interest	161	—
Net income (loss) attributable to Talos Energy Inc.	$(256,165)	$(9,868)
Net income (loss) per share attributable to common stockholders:
Basic	$(1.52)	$(0.05)
Diluted	$(1.52)	$(0.05)
Weighted average common shares outstanding:
Basic	168,381	180,192
Diluted	168,381	180,192

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.