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Talos Energy (TALO) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended March 2026, Talos Energy (TALO - Free Report) reported revenue of $472.31 million, down 7.9% over the same period last year. EPS came in at -$0.07, compared to $0.06 in the year-ago quarter.

The reported revenue represents a surprise of +8.9% over the Zacks Consensus Estimate of $433.71 million. With the consensus EPS estimate being -$0.09, the EPS surprise was +19.26%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Talos Energy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Average net daily production volumes - Oil: 63.8 millions of barrels of oil per day versus 62.79 millions of barrels of oil per day estimated by four analysts on average.
  • Average net daily production volumes - Natural Gas: 107.7 millions of cubic feet per day versus 103.61 millions of cubic feet per day estimated by four analysts on average.
  • Total average net daily - Total: 88.8 millions of barrels of oil equivalent per day versus 87.15 millions of barrels of oil equivalent per day estimated by four analysts on average.
  • Average net daily production volumes - NGL: 7.1 millions of barrels of oil per day compared to the 6.98 millions of barrels of oil per day average estimate based on three analysts.
  • Average realized prices (excluding hedges) per mcf - Natural gas: $5.46 compared to the $5.20 average estimate based on two analysts.
  • Average realized prices (excluding hedges) per bbl - Oil: $71.08 versus $38.45 estimated by two analysts on average.
  • Average realized prices (excluding hedges) per bbl - NGL: $17.85 versus $17.84 estimated by two analysts on average.
  • Revenues- Oil: $408 million versus $395.3 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -7.4% change.
  • Revenues- NGL: $11.41 million compared to the $11.42 million average estimate based on two analysts. The reported number represents a change of -41.8% year over year.
  • Revenues- Natural gas: $52.9 million versus $47.15 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.3% change.

View all Key Company Metrics for Talos Energy here>>>

Shares of Talos Energy have returned -1.6% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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