Talos Energy Inc. (NYSE:TALO – Get Rating) Director Riverstone Energy Partners V, sold 117,981 shares of the firm’s stock in a transaction that occurred on Wednesday, June 15th. The stock was sold at an average price of $21.50, for a total value of $2,536,591.50. Following the transaction, the director now owns 12,475,187 shares of the company’s stock, valued at approximately $268,216,520.50. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Riverstone Energy Partners V, also recently made the following trade(s):
- On Monday, June 13th, Riverstone Energy Partners V, sold 127,053 shares of Talos Energy stock. The shares were sold at an average price of $22.07, for a total value of $2,804,059.71.
- On Friday, June 10th, Riverstone Energy Partners V, sold 100,438 shares of Talos Energy stock. The shares were sold at an average price of $23.65, for a total value of $2,375,358.70.
- On Tuesday, May 31st, Riverstone Energy Partners V, sold 160,000 shares of Talos Energy stock. The shares were sold at an average price of $22.04, for a total value of $3,526,400.00.
- On Friday, May 27th, Riverstone Energy Partners V, sold 137,506 shares of Talos Energy stock. The shares were sold at an average price of $22.26, for a total value of $3,060,883.56.
- On Wednesday, May 25th, Riverstone Energy Partners V, sold 131,673 shares of Talos Energy stock. The shares were sold at an average price of $21.36, for a total value of $2,812,535.28.
- On Wednesday, May 18th, Riverstone Energy Partners V, sold 124,352 shares of Talos Energy stock. The shares were sold at an average price of $19.33, for a total value of $2,403,724.16.
- On Monday, May 16th, Riverstone Energy Partners V, sold 48,498 shares of Talos Energy stock. The stock was sold at an average price of $19.18, for a total value of $930,191.64.
- On Monday, May 9th, Riverstone Energy Partners V, sold 2,900 shares of Talos Energy stock. The stock was sold at an average price of $19.06, for a total value of $55,274.00.
- On Thursday, April 28th, Riverstone Energy Partners V, sold 11,800 shares of Talos Energy stock. The stock was sold at an average price of $19.03, for a total value of $224,554.00.
- On Friday, April 22nd, Riverstone Energy Partners V, sold 8,444 shares of Talos Energy stock. The stock was sold at an average price of $19.08, for a total value of $161,111.52.
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TALO traded down $1.15 on Thursday, hitting $20.02. 2,049,544 shares of the company were exchanged, compared to its average volume of 1,428,011. Talos Energy Inc. has a 12 month low of $8.57 and a 12 month high of $25.49. The company has a market cap of $1.65 billion, a PE ratio of -13.48 and a beta of 2.28. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.57 and a current ratio of 0.57. The stock’s fifty day moving average is $20.15 and its 200-day moving average is $15.15.
TALO has been the subject of a number of analyst reports. Stephens started coverage on Talos Energy in a research note on Wednesday, April 13th. They set an “overweight” rating and a $28.00 price objective for the company. Roth Capital boosted their target price on Talos Energy from $18.00 to $23.00 in a research note on Friday, April 22nd. KeyCorp boosted their target price on Talos Energy from $22.00 to $24.00 and gave the company an “overweight” rating in a research note on Thursday, May 26th. Finally, TheStreet upgraded Talos Energy from a “d” rating to a “c” rating in a report on Friday, February 25th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $20.64.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Meeder Asset Management Inc. bought a new stake in Talos Energy during the first quarter worth about $41,000. US Bancorp DE raised its holdings in Talos Energy by 39.2% during the first quarter. US Bancorp DE now owns 2,811 shares of the company’s stock worth $44,000 after acquiring an additional 791 shares in the last quarter. Strs Ohio bought a new stake in Talos Energy during the first quarter worth about $45,000. Captrust Financial Advisors raised its holdings in Talos Energy by 85.6% during the first quarter. Captrust Financial Advisors now owns 3,360 shares of the company’s stock worth $53,000 after acquiring an additional 1,550 shares in the last quarter. Finally, Point72 Hong Kong Ltd raised its holdings in Talos Energy by 159.5% during the third quarter. Point72 Hong Kong Ltd now owns 4,687 shares of the company’s stock worth $65,000 after acquiring an additional 2,881 shares in the last quarter. Institutional investors and hedge funds own 89.05% of the company’s stock.
Talos Energy Company Profile (Get Rating)
Talos Energy Inc, an independent exploration and production company, focuses on the exploration and production of oil and natural gas properties in the United States Gulf of Mexico and offshore Mexico. As of December 31, 2021, the company had proved reserves of 161.59 million barrels of oil equivalent, consisting of 107,764 thousand barrels of crude oil, 236,353 million cubic feet of natural gas, and 14,435 thousand barrels of crude oil.
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