De Lisle Partners LLP Makes New $2.14 Million Investment in Talos Energy Inc. $TALO

De Lisle Partners LLP purchased a new stake in Talos Energy Inc. (NYSE:TALO) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 166,000 shares of the company’s stock, valued at approximately $2,144,000. De Lisle Partners LLP owned approximately 0.10% of Talos Energy at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Tejara Capital Ltd acquired a new position in shares of Talos Energy during the 4th quarter worth approximately $2,910,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Talos Energy by 394,736.8% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 300,076 shares of the company’s stock valued at $4,729,000 after buying an additional 300,000 shares during the last quarter. Brandywine Global Investment Management LLC increased its position in Talos Energy by 338.9% during the fourth quarter. Brandywine Global Investment Management LLC now owns 389,201 shares of the company’s stock worth $4,289,000 after buying an additional 300,518 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in Talos Energy by 22.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 459,477 shares of the company’s stock worth $7,241,000 after buying an additional 85,450 shares in the last quarter. Finally, Edgestream Partners L.P. increased its position in Talos Energy by 185.0% during the first quarter. Edgestream Partners L.P. now owns 399,501 shares of the company’s stock worth $6,296,000 after buying an additional 259,321 shares in the last quarter. 89.35% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TALO has been the subject of a number of analyst reports. Citigroup cut their price target on Talos Energy from $20.00 to $18.00 and set a “buy” rating for the company in a report on Monday, July 20th. Mizuho lifted their price objective on Talos Energy from $17.00 to $18.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Wall Street Zen raised shares of Talos Energy from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Stephens restated an “overweight” rating and issued a $20.00 target price on shares of Talos Energy in a report on Wednesday, July 1st. Finally, Roth Capital upgraded shares of Talos Energy from a “neutral” rating to a “buy” rating and upped their target price for the company from $16.00 to $17.00 in a report on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $18.50.

Talos Energy Price Performance

TALO stock opened at $17.49 on Friday. The stock has a market capitalization of $2.92 billion, a price-to-earnings ratio of -7.35 and a beta of 0.35. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.60. Talos Energy Inc. has a 52-week low of $8.71 and a 52-week high of $18.44. The stock’s fifty day simple moving average is $14.51 and its 200-day simple moving average is $14.47.

Talos Energy (NYSE:TALO) last released its earnings results on Tuesday, August 4th. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.36 by $0.21. Talos Energy had a negative return on equity of 1.94% and a negative net margin of 20.46%.The firm had revenue of $664.81 million during the quarter, compared to analyst estimates of $577.92 million. During the same period in the prior year, the firm posted ($0.27) earnings per share. The business’s quarterly revenue was up 56.5% compared to the same quarter last year. Equities research analysts expect that Talos Energy Inc. will post 1.21 EPS for the current year.

Talos Energy Profile

Talos Energy Inc is an independent oil and gas exploration and production company headquartered in Houston, Texas. Founded in 2012 by industry veterans Tim Duncan and Jeremy Rights, the firm completed its initial public offering in 2021 and trades on the New York Stock Exchange under the ticker symbol TALO. The company’s core operations focus on the acquisition, exploration, development and production of offshore hydrocarbon reserves, with a primary emphasis on the U.S. Gulf of Mexico basin.

Talos Energy’s asset portfolio spans deepwater and shelf opportunities in the Gulf of Mexico, where it holds interests in several producing fields and exploration blocks.