Compared to Estimates, Talos Energy (TALO) Q4 Earnings: A Look at Key Metrics

Talos Energy (TALO) reported $384.96 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 12.5%. EPS of -$0.01 for the same period compares to $0.20 a year ago.

The reported revenue represents a surprise of -0.50% over the Zacks Consensus Estimate of $386.9 million. With the consensus EPS estimate being $0.37, the EPS surprise was -102.70%.

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 - NGL: 4.9 millions of barrels of oil versus the three-analyst average estimate of 4.5 millions of barrels of oil.
  • Average net daily production volumes - Natural gas: 69.8 millions of cubic feet versus 79.35 millions of cubic feet estimated by three analysts on average.
  • Average net daily production volumes - Oil: 51.1 millions of barrels of oil compared to the 49.48 millions of barrels of oil average estimate based on three analysts.
  • Total average net daily - Total: 67.7 millions of barrels of oil equivalent compared to the 67.22 millions of barrels of oil equivalent average estimate based on three analysts.
View all Key Company Metrics for Talos Energy here>>>

Shares of Talos Energy have returned -2.9% over the past month versus the Zacks S&P 500 composite's +4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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