Talos Energy (TALO) reported second-quarter 2026 results for the three months ended June 30, including total revenues of $664.8 million and net income attributable to Talos Energy Inc. of $149.7 million, or $0.88 per diluted share.
The company said production was 93.7 MBoe/d and 68.6 MBo/d, exceeding its second-quarter guidance ranges. Talos also increased its full-year 2026 production guidance and provided third-quarter production guidance.
- Total revenues were $664.8 million for the second quarter.
- Net income attributable to Talos Energy Inc. was $149.7 million.
- Diluted earnings per share were $0.88, while basic earnings per share were $0.90.
- Production averaged 93.7 MBoe/d, including 68.6 MBo/d of oil.
- Net cash provided by operating activities was $300.6 million.
- Talos revised full-year 2026 production guidance to 87 to 91 MBoe/d and 64 to 68 MBo/d.
- Cash was $577.6 million as of June 30, 2026, with total debt of $1.25 billion.
- The company announced progress on Monument drilling, the Daenerys appraisal program, a Repsol farm-in offshore Mexico and an offshore Honduras exploration position.
$TALO Insider Trading Activity
$TALO insiders have traded $TALO stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $TALO stock by insiders over the last 6 months:
- EMPRESARIAL DE CAPITALES S.A. DE C.V. CONTROL has made 0 purchases and 4 sales selling 2,746,000 shares for an estimated $45,648,686.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$TALO Hedge Fund Activity
We have seen 152 institutional investors add shares of $TALO stock to their portfolio, and 108 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SOURCEROCK GROUP LLC removed 2,623,930 shares (-24.8%) from their portfolio in Q1 2026, for an estimated $41,353,136
- STATE STREET CORP added 1,675,628 shares (+26.5%) to their portfolio in Q1 2026, for an estimated $26,407,897
- AMERICAN FINANCIAL GROUP INC removed 1,000,000 shares (-67.2%) from their portfolio in Q1 2026, for an estimated $15,760,000
- CITADEL ADVISORS LLC added 917,627 shares (+754.3%) to their portfolio in Q1 2026, for an estimated $14,461,801
- MILLENNIUM MANAGEMENT LLC added 742,854 shares (+217.7%) to their portfolio in Q1 2026, for an estimated $11,707,379
- THOMPSON SIEGEL & WALMSLEY LLC removed 667,204 shares (-72.5%) from their portfolio in Q1 2026, for an estimated $10,515,135
- UBS GROUP AG removed 594,752 shares (-63.7%) from their portfolio in Q1 2026, for an estimated $9,373,291
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
