KeyCorp Comments on Talos Energy’s Q3 Earnings (NYSE:TALO)

Talos Energy Inc. (NYSE:TALO) – Research analysts at KeyCorp raised their Q3 2026 earnings per share estimates for Talos Energy in a research report issued to clients and investors on Wednesday, June 3rd. KeyCorp analyst T. Rezvan now expects that the company will earn $0.26 per share for the quarter, up from their prior forecast of $0.16. KeyCorp currently has a “Overweight” rating and a $21.00 target price on the stock. The consensus estimate for Talos Energy’s current full-year earnings is $0.41 per share. KeyCorp also issued estimates for Talos Energy’s FY2026 earnings at $0.65 EPS, Q2 2027 earnings at $0.14 EPS, Q3 2027 earnings at $0.02 EPS and FY2027 earnings at $0.45 EPS.

TALO has been the subject of a number of other reports. Benchmark cut shares of Talos Energy from a “buy” rating to a “hold” rating in a report on Thursday, March 5th. Wall Street Zen upgraded shares of Talos Energy from a “hold” rating to a “buy” rating in a report on Saturday, May 30th. Roth Mkm reaffirmed a “neutral” rating and issued a $16.00 price target (up from $13.00) on shares of Talos Energy in a research report on Wednesday, April 8th. JPMorgan Chase & Co. lifted their price target on Talos Energy from $16.00 to $17.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Finally, Citigroup boosted their price objective on Talos Energy from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $17.67.

Talos Energy Stock Performance

Shares of TALO stock opened at $14.41 on Monday. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.65. The firm has a fifty day simple moving average of $15.29 and a two-hundred day simple moving average of $13.22. Talos Energy has a 12 month low of $7.67 and a 12 month high of $17.05. The firm has a market capitalization of $2.41 billion, a PE ratio of -3.34 and a beta of 0.33.

Talos Energy (NYSE:TALO) last issued its earnings results on Tuesday, May 5th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.04. Talos Energy had a negative return on equity of 8.24% and a negative net margin of 42.58%.The company had revenue of $472.31 million for the quarter, compared to analysts’ expectations of $446.39 million. During the same period last year, the business earned $0.06 EPS. Talos Energy’s quarterly revenue was down 7.9% compared to the same quarter last year.

Institutional Trading of Talos Energy

A number of institutional investors and hedge funds have recently modified their holdings of TALO. Royal Bank of Canada grew its stake in Talos Energy by 11.8% in the 1st quarter. Royal Bank of Canada now owns 28,590 shares of the company’s stock valued at $278,000 after purchasing an additional 3,007 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Talos Energy by 152.1% in the 1st quarter. AQR Capital Management LLC now owns 90,915 shares of the company’s stock worth $884,000 after buying an additional 54,854 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Talos Energy by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,196 shares of the company’s stock worth $838,000 after buying an additional 3,783 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Talos Energy by 16.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,183,496 shares of the company’s stock valued at $21,224,000 after buying an additional 304,205 shares during the period. Finally, JPMorgan Chase & Co. grew its position in Talos Energy by 132.7% during the second quarter. JPMorgan Chase & Co. now owns 386,641 shares of the company’s stock valued at $3,279,000 after buying an additional 220,502 shares during the period. 89.35% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Talos Energy news, insider Control Empresarial De Capital sold 339,568 shares of Talos Energy stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $16.80, for a total transaction of $5,704,742.40. Following the transaction, the insider owned 40,460,036 shares of the company’s stock, valued at $679,728,604.80. This trade represents a 0.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders have sold 2,935,568 shares of company stock valued at $48,892,022. Company insiders own 0.36% of the company’s stock.

Talos Energy Company Profile

Talos Energy Inc is an independent oil and gas exploration and production company headquartered in Houston, Texas. Founded in 2012 by industry veterans Tim Duncan and Jeremy Rights, the firm completed its initial public offering in 2021 and trades on the New York Stock Exchange under the ticker symbol TALO. The company’s core operations focus on the acquisition, exploration, development and production of offshore hydrocarbon reserves, with a primary emphasis on the U.S. Gulf of Mexico basin.

Talos Energy’s asset portfolio spans deepwater and shelf opportunities in the Gulf of Mexico, where it holds interests in several producing fields and exploration blocks.