Riverstone Energy Partners V, Sells 48,498 Shares of Talos Energy Inc. (NYSE:TALO) Stock

Talos Energy Inc. (NYSE:TALOGet Rating) Director Riverstone Energy Partners V, sold 48,498 shares of the business’s stock in a transaction that occurred on Monday, May 16th. The shares were sold at an average price of $19.18, for a total value of $930,191.64. Following the completion of the sale, the director now owns 14,870,735 shares of the company’s stock, valued at $285,220,697.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Riverstone Energy Partners V, also recently made the following trade(s):

  • On Monday, May 9th, Riverstone Energy Partners V, sold 2,900 shares of Talos Energy stock. The shares were sold at an average price of $19.06, for a total value of $55,274.00.
  • On Thursday, April 28th, Riverstone Energy Partners V, sold 11,800 shares of Talos Energy stock. The shares were sold at an average price of $19.03, for a total value of $224,554.00.
  • On Friday, April 22nd, Riverstone Energy Partners V, sold 8,444 shares of Talos Energy stock. The shares were sold at an average price of $19.08, for a total value of $161,111.52.
  • On Wednesday, April 20th, Riverstone Energy Partners V, sold 128,892 shares of Talos Energy stock. The shares were sold at an average price of $19.99, for a total value of $2,576,551.08.
  • On Monday, April 18th, Riverstone Energy Partners V, sold 128,039 shares of Talos Energy stock. The stock was sold at an average price of $20.11, for a total value of $2,574,864.29.
  • On Thursday, April 14th, Riverstone Energy Partners V, sold 237,001 shares of Talos Energy stock. The stock was sold at an average price of $19.94, for a total value of $4,725,799.94.
  • On Tuesday, April 12th, Riverstone Energy Partners V, sold 62,843 shares of Talos Energy stock. The stock was sold at an average price of $19.18, for a total value of $1,205,328.74.
  • On Tuesday, March 8th, Riverstone Energy Partners V, sold 4,000,000 shares of Talos Energy stock. The stock was sold at an average price of $17.41, for a total value of $69,640,000.00.

Shares of Talos Energy stock traded down $0.09 during trading hours on Wednesday, hitting $19.12. The company’s stock had a trading volume of 1,910,566 shares, compared to its average volume of 1,416,960. Talos Energy Inc. has a twelve month low of $8.57 and a twelve month high of $21.37. The firm has a fifty day moving average of $17.57 and a 200-day moving average of $13.62. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.57 and a current ratio of 0.57.

Talos Energy (NYSE:TALOGet Rating) last announced its quarterly earnings results on Thursday, February 24th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.22 by $0.21. Talos Energy had a positive return on equity of 12.33% and a negative net margin of 9.19%. The business had revenue of $382.96 million for the quarter, compared to analyst estimates of $317.10 million. Equities analysts forecast that Talos Energy Inc. will post 3.75 earnings per share for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of TALO. Morgan Stanley lifted its stake in Talos Energy by 7.0% during the 2nd quarter. Morgan Stanley now owns 370,440 shares of the company’s stock worth $5,793,000 after acquiring an additional 24,284 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Talos Energy by 26.6% during the 3rd quarter. Principal Financial Group Inc. now owns 279,013 shares of the company’s stock worth $3,842,000 after acquiring an additional 58,693 shares in the last quarter. BlackRock Inc. lifted its stake in Talos Energy by 12.1% during the 3rd quarter. BlackRock Inc. now owns 7,099,633 shares of the company’s stock worth $97,760,000 after acquiring an additional 767,176 shares in the last quarter. Barclays PLC lifted its stake in Talos Energy by 71.1% during the 3rd quarter. Barclays PLC now owns 55,725 shares of the company’s stock worth $767,000 after acquiring an additional 23,160 shares in the last quarter. Finally, Teacher Retirement System of Texas lifted its stake in Talos Energy by 76.9% during the 3rd quarter. Teacher Retirement System of Texas now owns 34,845 shares of the company’s stock worth $480,000 after acquiring an additional 15,149 shares in the last quarter. 89.05% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts recently commented on the company. Zacks Investment Research upgraded Talos Energy from a “hold” rating to a “strong-buy” rating and set a $21.00 price target for the company in a research report on Wednesday, April 13th. TheStreet raised Talos Energy from a “d” rating to a “c” rating in a research note on Friday, February 25th. KeyCorp boosted their price objective on Talos Energy from $21.00 to $22.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 19th. Roth Capital boosted their price objective on Talos Energy from $18.00 to $23.00 in a research note on Friday, April 22nd. Finally, Stephens began coverage on Talos Energy in a research note on Wednesday, April 13th. They set an “overweight” rating and a $28.00 price objective on the stock. One investment analyst has rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $20.28.

Talos Energy Company Profile (Get Rating)

Talos Energy Inc, an independent exploration and production company, focuses on the exploration and production of oil and natural gas properties in the United States Gulf of Mexico and offshore Mexico. As of December 31, 2021, the company had proved reserves of 161.59 million barrels of oil equivalent, consisting of 107,764 thousand barrels of crude oil, 236,353 million cubic feet of natural gas, and 14,435 thousand barrels of crude oil.

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