Talos Energy posts Q1 2026 net loss of $256.2 million, includes $145.0 million impairment
Talos Energy reported first-quarter 2026 total revenues of $472.3 million and a net loss attributable to the company of $256.2 million, or $1.52 per diluted share, which includes a $145.0 million non-cash ceiling test impairment charge driven by lower average oil prices. Adjusted net loss was $11.3 million, or $0.07 per diluted share, and the company reiterated its full-year 2026 guidance while raising its share repurchase authorization to $200 million.
Key points
- Total revenues of $472.3 million; net loss of $256.2 million, or $1.52 per diluted share, including a $145.0 million non-cash impairment
- Adjusted net loss of $11.3 million, or $0.07 per diluted share; adjusted EBITDA of $293.4 million
- Second-quarter 2026 production guidance of 63 to 67 MBo/d and 88 to 92 MBoe/d; full-year 2026 guidance reiterated
- In the first quarter, repurchased 2.7 million shares for $38.2 million; share repurchase authorization raised to $200 million
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.