TALO Q1 2024 Earnings — Talos Energy Inc. Revenue & Financial Results | Market Cap Arena

TALOTalos Energy Inc.

$2B

Q1 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$430M+33.3% YoY

Gross Profit

$79M18.3% margin

Operating Income

$68M15.8% margin

Net Income

-$112M-26.2% margin

EPS (Diluted)

$-0.71

QoQ Revenue Growth

+11.7%

Cash Flow

Operating Cash Flow

$96M

Free Cash Flow

-$50M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$6.4B

Total Liabilities

$3.7B

Stockholders' Equity

$2.8B

Cash & Equivalents

$21M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$430M	$323M	+33.3%
Gross Profit	$79M	$93M	-15.8%
Operating Income	$68M	$8M	+764.0%
Net Income	-$112M	$90M	-225.1%

Revenue Segments

Oil and Condensate

$393M91%

Natural Gas, Production

$24M6%

Natural Gas Liquids

$13M3%