7 Mar 2024director interest notice● Neutral
TALOS ENERGY INC. insider Neal P Goldman acquired 31,015 shares and disposed of 18,244 in a set of related equity transactions.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 Mar 2024director interest notice● Neutral
TALOS ENERGY INC. insider Sergio L. Maiworm Jr. had 4,865 shares withheld for taxes on vesting stock.
7 Mar 2024director interest notice● Neutral
TALOS ENERGY INC. insider Donald R Kendall Jr. acquired 21,576 shares and disposed of 9,066 in a set of related equity transactions.
7 Mar 2024director interest notice● Neutral
TALOS ENERGY INC. insider William S. Moss III had 26,222 shares withheld for taxes on vesting stock.
7 Mar 2024director interest notice● Neutral
TALOS ENERGY INC. insider Richard Sherrill acquired 21,576 shares and disposed of 12,692 in a set of related equity transactions.
7 Mar 2024director interest notice● Neutral
TALOS ENERGY INC. insider John B Juneau acquired 21,576 shares and disposed of 12,692 in a set of related equity transactions.
7 Mar 2024substantial holder notice● Neutral
Carlos Slim Hel&#, Carlos Slim Domit, Marco Antonio Slim Domit, Patrick Slim Domit, Mar&#, Vanessa Paola Slim Domit, Johanna Monique Slim Domit, Control Empresarial de Capitales S.A. de C.V disclosed a new substantial TALOS ENERGY INC. shareholding (18.90% of votes).
7 Mar 2024director interest notice● Neutral
TALOS ENERGY INC. insider Robin H Fielder had 3,882 shares withheld for taxes on vesting stock.
7 Mar 2024director interest notice● Neutral
TALOS ENERGY INC. insider Charles M Sledge acquired 21,576 shares and disposed of 12,692 in a set of related equity transactions.
7 Mar 2024director interest notice● Neutral
TALOS ENERGY INC. insider Timothy S. Duncan had 107,941 shares withheld for taxes on vesting stock.
6 Mar 2024director interest notice● Neutral
Joseph A Mills became a TALOS ENERGY INC. company insider (initial ownership filing).
6 Mar 2024director interest notice● Neutral
TALOS ENERGY INC. insider Joseph A Mills received 6,499 shares as part of the equity award.
5 Mar 2024business combination▲ GoodMajor
Talos closed the QuarterNorth acquisition on March 4, 2024, issuing 24.35 million shares and paying about $1.27 billion cash, and expanded its board to nine members with QuarterNorth designee Joseph A. Mills joining - Talos's second major debt-and-equity-funded Gulf of Mexico acquisition in just over a year, continuing its consolidation strategy after EnVen.
29 Feb 2024quarterly activities report▼ Bad
TALOS ENERGY INC. reported quarterly revenue of $429.9 million and a net loss of $112.4 million for the period ended 2024-03-31.
15 Feb 2024director interest notice● Neutral
Sergio L. Maiworm Jr. became a TALOS ENERGY INC. company insider (initial ownership filing).
14 Feb 2024substantial holder notice● Neutral
Sourcerock Group LLC disclosed a new substantial TALOS ENERGY INC. shareholding (6.00% of votes).
13 Feb 2024substantial holder notice● Neutral
The Vanguard Group reported a TALOS ENERGY INC. shareholding of 7,920,081 shares (6.38% of votes) in a periodic institutional filing.
12 Feb 2024substantial holder notice● Neutral
SANKATY CREDIT OPPORTUNITIES IV, L.P, Bain Capital Credit, LP reported a TALOS ENERGY INC. shareholding of 1,437,872 shares (0.78% of votes) in a periodic institutional filing.
9 Feb 2024substantial holder notice● Neutral
Dimensional Fund Advisors LP disclosed a new substantial TALOS ENERGY INC. shareholding (5.10% of votes).
7 Feb 2024debt financing▲ GoodMajor
Talos issued new senior notes to fund part of the QuarterNorth cash payment and to redeem both its existing 12.00% notes and the 11.75% notes it had assumed from EnVen - consolidating its debt at lower rates (9.000% and 9.375%, per the later closing filings) in one move. If the QuarterNorth deal fell through by May 31, 2024, $340 million of the new notes would have to be redeemed immediately.
7 Feb 2024substantial holder notice● Neutral
Adage Capital Partners, L.P, Adage Capital Partners GP, L.L.C, Adage Capital Advisors, L.L.C, Robert Atchinson, Phillip Gross reported a TALOS ENERGY INC. shareholding of 2,805,360 shares (2.26% of votes) in a periodic institutional filing.
23 Jan 2024substantial holder notice● Neutral
BlackRock, Inc reported a TALOS ENERGY INC. shareholding of 17,039,367 shares (13.70% of votes) in a periodic institutional filing.
22 Jan 2024material agreement▲ GoodMajor
To help fund the cash portion of the QuarterNorth acquisition, Talos sold 34.5 million new shares (including a fully exercised overallotment option) in an underwritten public offering.
22 Jan 2024substantial holder notice● Neutral
Carlos Slim Hel&#, Carlos Slim Domit, Marco Antonio Slim Domit, Patrick Slim Domit, Mar&#, Vanessa Paola Slim Domit, Johanna Monique Slim Domit, Control Empresarial de Capitales, S.A. de C.V disclosed a new substantial TALOS ENERGY INC. shareholding (22.60% of votes).
19 Jan 2024director interest notice● Neutral
TALOS ENERGY INC. insider Empresarial De Capitales S.A. De C.V. Control bought 19,658,119 shares on the open market at $11.70.
19 Jan 2024securities registration● Neutral
TALOS ENERGY INC. filed the final prospectus for a registered offering.
17 Jan 2024securities registration● Neutral
TALOS ENERGY INC. filed the final prospectus for a registered offering.
16 Jan 2024business combination▲ GoodMajor
Less than a year after closing EnVen, Talos announced another major Gulf of Mexico acquisition: a $1.29 billion deal for QuarterNorth Energy, paid in 24.8 million shares plus about $965 million cash. The deal adds roughly 30,000 barrels/day of high-margin, mostly-operated, oil-weighted production and 69 million barrels of proved reserves, with management targeting $50 million of annual synergies and a leverage ratio at or below 1.0x by year-end 2024.
7 Dec 2023production update▲ Good
Talos said a Gulf of Mexico pipeline shut-in affecting seven producers, including itself, would have an immaterial impact on its fourth-quarter results, and that its Venice and Lime Rock discoveries (60% working interest, tied back to the company's Ram Powell facility) were on track to start producing ahead of schedule by year-end 2023. Q4 production guidance was reaffirmed.
1 Dec 2023director interest notice● Neutral
John B. Spath became a TALOS ENERGY INC. company insider (initial ownership filing).