Home Energy company Talos Energy Inc. (NYSE: TALO) Director Sells $3,060,883.56 in Shares

Talos Energy Inc. (NYSE: TALO) Director Sells $3,060,883.56 in Shares

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Talos Energy Inc. (NYSE: TALO – Get Rating) director Riverstone Energy Partners V sold 137,506 shares of the company in a trade dated Friday, May 27. The shares were sold at an average price of $22.26, for a total value of $3,060,883.56. Following the completion of the sale, the administrator now owns 13,831,116 shares of the company, valued at $307,880,642.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available via this link.

Riverstone Energy Partners V, also recently made the following trade(s):

  • On Wednesday, May 25, Riverstone Energy Partners V, sold 131,673 shares of Talos Energy. The shares were sold at an average price of $21.36, for a total value of $2,812,535.28.
  • On Wednesday, May 18, Riverstone Energy Partners V sold 124,352 shares of Talos Energy. The shares were sold at an average price of $19.33, for a total value of $2,403,724.16.
  • On Monday, May 16, Riverstone Energy Partners V sold 48,498 shares of Talos Energy. The shares were sold at an average price of $19.18, for a total value of $930,191.64.
  • On Monday, May 9, Riverstone Energy Partners V, sold 2,900 shares of Talos Energy. The shares were sold at an average price of $19.06, for a total value of $55,274.00.
  • On Thursday, April 28, Riverstone Energy Partners V sold 11,800 shares of Talos Energy. The shares were sold at an average price of $19.03, for a total value of $224,554.00.
  • On Friday, April 22, Riverstone Energy Partners V sold 8,444 shares of Talos Energy. The shares were sold at an average price of $19.08, for a total value of $161,111.52.
  • On Wednesday, April 20, Riverstone Energy Partners V, sold 128,892 shares of Talos Energy. The shares were sold at an average price of $19.99, for a total value of $2,576,551.08.
  • On Monday, April 18, Riverstone Energy Partners V sold 128,039 shares of Talos Energy. The stock was sold at an average price of $20.11, for a total value of $2,574,864.29.
  • On Thursday, April 14, Riverstone Energy Partners V sold 237,001 shares of Talos Energy. The stock was sold at an average price of $19.94, for a total value of $4,725,799.94.
  • On Tuesday April 12, Riverstone Energy Partners V sold 62,843 shares of Talos Energy. The stock was sold at an average price of $19.18, for a total value of $1,205,328.74.

Shares of Talos Energy traded down $0.63 on Tuesday, hitting $21.60. The stock recorded a trading volume of 1,784,952 shares, compared to an average volume of 1,409,432 shares. Talos Energy Inc. has a 12-month low of $8.57 and a 12-month high of $23.04. The company’s 50-day moving average is $18.67 and its two-hundred-day moving average is $14.21. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt ratio of 1.33. The stock has a market capitalization of $1.78 billion, a price-earnings ratio of -13.76 and a beta of 2.29.

Several analysts have recently released reports on the company. KeyCorp raised its target price on Talos Energy from $22.00 to $24.00 and gave the stock an “overweight” rating in a Thursday, May 26 report. Stephens assumed cover for Talos Energy in a Wednesday, April 13, report. They set an “overweight” rating and a target price of $28.00 on the stock. Roth Capital raised its target price on Talos Energy from $18.00 to $23.00 in a Friday, April 22 report. TheStreet upgraded Talos Energy from a ‘d’ to a ‘c’ rating in a Friday, February 25 research note. Finally, Zacks Investment Research upgraded Talos Energy from a “hold” rating to a “strong-buy” rating and set a $21.00 price target on the stock in a Wednesday, April 13 research note. One equity research analyst gave the stock a hold rating, six gave the stock a buy rating and one gave the stock a high buy rating. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $20.50.

Several institutional investors have recently bought and sold shares of the company. BlackRock Inc. increased its position in shares of Talos Energy by 0.6% in the first quarter. BlackRock Inc. now owns 7,671,614 shares of the company valued at $121,134,000 after purchasing an additional 43,219 shares in the last quarter. Vanguard Group Inc. increased its position in Talos Energy by 29.3% during the first quarter. Vanguard Group Inc. now owns 4,250,289 shares of the company worth $67,112,000 after purchasing an additional 962,857 shares in the last quarter. Sourcerock Group LLC increased its position in Talos Energy by 92.0% during the fourth quarter. Sourcerock Group LLC now owns 3,882,131 shares of the company worth $38,045,000 after purchasing an additional 1,859,998 shares last quarter. State Street Corp increased its position in Talos Energy by 6.6% during the first quarter. State Street Corp now owns 3,471,208 shares of the company worth $54,810,000 after purchasing an additional 214,836 shares last quarter. Finally, Dimensional Fund Advisors LP increased its position in Talos Energy by 18.9% during the first quarter. Dimensional Fund Advisors LP now owns 2,583,922 shares of the company worth $40,803,000 after purchasing an additional 409,881 shares in the last quarter. 89.05% of the shares are currently held by institutional investors.

About Talos Energy (Get a rating)

Talos Energy Inc, an independent exploration and production company, is focused on the exploration and production of oil and gas properties in the Gulf of Mexico in the United States and offshore Mexico. As of December 31, 2021, the company had proven 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 oil. raw.

See also

Insider buying and selling by quarter for Talos Energy (NYSE: TALO)



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