Talos Energy today
- 52-week range
- $ 8.89
▼
$ 14.67
- P/e ratio.
- 18.40
- Value is valuable
- $ 15.94
Independent company for exploration and production of oil and gas Talos Energy Inc. NYSE: House Basically works in the US Gulf of Mexico. The company of oil/energy sectors uses technology using seismic visualization and data analytics for a more efficient determination and development of oil and gas resources. The company has proven its ability to develop projects on the Internet and within the framework of the budget and united with such large oil companies as Chevron Co. NYSE: CVX in the past.
His 12-year-old general director Tim Duncan sharply left on August 29, 2024, to “use other opportunities”. Member of the board Joseph Mills took office as a temporary general director, while the company was looking for a regular general director. On January 6, 2025, the Provisional General Director of Mills also suddenly resigned, entering into force, entering into force immediately, adding that his departure was not related to what kind of operational issues or accounting issues.
Strange departure among poisonous tablets
In 2024, the Mexican billionaire Carlos Slim accumulated 24% of Talos Energy shares. Shortly after the departure of Duncan Director General, the company accepted a poisonous tablet in October 2024 to prevent Slim control. Poisonous tablets are launched when a separate investor acquires 25% or more of the shares in circulation. After launch, this will allow existing shareholders to acquire additional shares at a reduced price, thereby diluting the share of ownership of a potential acquirer. This would make an attempt to absorb much more.
Negotiations about the transaure
Talos energy forecast for the energy reserve today
$ 15.94
61.63% growthModerate purchase
Based on 9 analyst ratings
| High forecast | $ 21.00 |
|---|---|
| Average forecast | $ 15.94 |
| Low forecast | $ 12.00 |
Talos energy forecast details
Nevertheless, the company stopped the poison tablet in December 2024, making a deal with Carlos Slim. The agreement limited the share of its investment company 25%, and the share of Talos Energy at Zama Field Carlos Slim’s Grupo Carso will also sell part. This was considered as a win -win option, preventing potential hostile absorption, at the same time banking competition up to $ 82.9 million. At the same time, the United States strengthens its partnership with Grupo Carso and still owns 20% Talos Mexico, which causes 17.4% on the Zama field.
The agreement prohibited the control of Empressarial de Capitales to buy more shares until December 16, 2025, exceeding 25%. Carlos Slim and his family possess as Grupo Carso and Control Empressarial de Capitales. This option still leaves the company potentially vulnerable to purchase in 2026.
The temporary general director is resigned, since the permanent general director is revealed
Before investors were able to wrap their heads, why the first general director resigned, the interim general director suddenly resigned on January 6, 2025, to also “use other opportunities”. The company noted that they found a permanent candidate of the general director and were “… at the last stages of the process with this candidate.” The company expects the candidate to join the end of the first quarter of 2025. Again, the question is, why is it in a hurry to leave with the interim general director? The company also confirmed its prospects for production from 91,000 to 94,000 barrels of oil per day, and assured investors that there were no accounting or operational reasons for the departure of Joseph Mills.
Katmai West No. 2 Significant opening from 15,000 to 20,000 barrels per day
On January 15, 2025, Talos Energy announced that Katmai West #2, located in the Yinga Bank in the US Mexican Bay, ahead of the schedule and the budget to a vertical depth of 27,000 feet, significantly drilled. This made a significant discovery, namely the fact that he encountered the primary target sand, full and base, with more than 400 feet of the gross payment of hydrocarbons and excellent properties of rocks, as expected. This is from about 15,000 to 20,000 barrels of oil per day. The first production is expected at the end of the second quarter of 2025.
Talo Stock causes a growing wedge breakdown
The symmetrical triangle consists of the resistance of the descending (falling) upper line of the trend, converging with the ascending (rising) lower line at the top of the top. The breakthrough occurs when the shares rise above the resistance of the upper line of the trend line. The breakdown occurs when the action collapses below the lower support of the trend line. The breakthrough or rupture becomes outstanding, since the action approaches the point of the top when the channel is narrowed.
Paulo formed a symmetrical triangle from the converging descending resistance of the upper trend line at the ruling height of $ 12.71, and supporting the trend in the lower part of the ascending trend line, starting with Fiber in the amount of $ 8.94. Daily binding VWAP costs $ 10.18, and the Daily RSI glides on 47-point. The pumping support levels amount to $ 10.17, $ 9.55, 8.94 US dollars and $ 7.95.
The average consensus target price of Talo shares is 56.39% higher up to $ 15.94, and the highest target price of analysts is 21.00 US dollars. He has seven ratings of the purchase of seven analysts and two ratings. The shares have 7.09% short percentage.
Bull investors can consider the possibility of using cash, at the levels of FIB rollback to buy DIP. In the case of the appointment of shares, the writing of covered calls at the levels of increasing FIB performs a wheel strategy for income.
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