Talos Energy Stock Intrinsic Value – Talos Energy Begins Production at Two Gulf of Mexico Discoveries
January 4, 2024
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Talos Energy ($NYSE:TALO) is a Houston-based exploration and production company focused on growing production and reserves in the Gulf Coast and Gulf of Mexico. They recently announced that production has started from two discoveries in the Gulf of Mexico. The two discoveries, Zama and Amoca, are located just off the coast of Mexico and are estimated to contain around 2 billion barrels of oil-equivalent. The Zama discovery was originally discovered by Mexico’s state-owned oil company Pemex, and Talos Energy was the first company to enter a cooperation agreement with them to develop the field.
The Amoca discovery was discovered by a joint venture between Talos Energy and Premier Oil. They are hoping to turn these discoveries into long-term, sustainable sources of revenue. With the production start from these two fields, Talos Energy is taking an important step forward in making this a reality.
Stock Price
This news caused the company’s stock to open at $14.4 and to close at $14.7, which was an increase of 1.8% from the previous closing price of $14.4. The discoveries, which have been deemed as significant by the company, are expected to further bolster Talos Energy‘s operations in the Gulf of Mexico. The development of these projects will also help to create jobs and generate revenue for the local economy. The two discoveries are further evidence of Talos Energy’s commitment to expanding its presence in the region and will further cement its reputation as a leader in offshore oil and gas production. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Talos Energy. More…
| Total Revenues | Net Income | Net Margin |
| 1.42k | 104.18 | 10.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Talos Energy. More…
| Operations | Investing | Financing |
| 513.62 | -505.2 | 42.48 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Talos Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.75k | 2.69k | 16.62 |
Key Ratios Snapshot
Some of the financial key ratios for Talos Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 31.0% | 48.4% | 15.0% |
| FCF Margin | ROE | ROA |
| 35.7% | 6.4% | 2.8% |
Analysis – Talos Energy Stock Intrinsic Value
At GoodWhale, we conducted an analysis of TALOS ENERGY‘s wellbeing. After careful consideration and evaluation of the company’s financial performance, our proprietary Valuation Line revealed that the fair value of TALOS ENERGY share is around $12.4. However, currently TALOS ENERGY stock is being traded at $14.7, a fair price that is overvalued by 19.0%. More…
Peers
Talos Energy Inc is an oil and gas exploration and production company with operations in the U.S. Gulf of Mexico and offshore Mexico. The company was founded in 2010 and is headquartered in Houston, Texas. Talos Energy’s competitors include SM Energy Co, Enwell Energy PLC, and Northern Oil & Gas Inc.
– SM Energy Co ($NYSE:SM)
SM Energy Co is an American oil and gas company headquartered in Denver, Colorado. As of December 31, 2020, the company had 1.4 billion barrels of oil equivalent of proved reserves, all located in the United States. In 2020, the company’s production averaged 188 thousand barrels of oil equivalent per day.
SM Energy Co’s market cap is 5.39B as of 2022. The company has a Return on Equity of 31.47%. SM Energy Co is engaged in the exploration, development, and production of oil and gas properties. The company’s operations are focused in onshore North America, specifically in the Permian Basin, South Texas, the Gulf Coast, and the Rocky Mountains.
– Enwell Energy PLC ($LSE:ENW)
Enwell Energy PLC is an oil and gas exploration and production company with a focus on the UK North Sea. The company has a market capitalization of £78.88 million and a return on equity of 30.22%. Enwell Energy’s main activities include the exploration, development and production of oil and gas assets in the UK North Sea.
– Northern Oil & Gas Inc ($NYSE:NOG)
As of 2022, Northern Oil & Gas Inc has a market cap of 2.7B and a Return on Equity of 320.51%. The company is engaged in the exploration and production of oil and gas in the United States.
Summary
Talos Energy is an American independent oil and gas exploration and production company focused on the Gulf of Mexico. It has recently announced the commencement of production at two of its discoveries in the region, both located in the Green Canyon area. This is a significant milestone for the company, as it will now be able to capitalize on the new discoveries to boost its revenues and profitability.
Investors should be aware that this development could be a positive factor for Talos Energy’s stock performance in the coming years, as it will likely lead to increased production and improved financial performance. Furthermore, investors should pay close attention to the company’s progress in developing other discoveries in the region, as this could provide further upside potential for its stock.
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