Finance

Notable News to Watch: Talos Energy Inc. (NYSE:TALO)

Talos Energy Inc. (NYSE:TALO)stock identified change of 2.93% away from 52-week low price and recently located move of -42.85% off 52-week high price. It has market worth of $993.65M. TALO stock has been recorded -31.90% away from 50 day moving average and -24.10% away from 200 day moving average. Moving closer, we can see that shares have been trading -25.66% off 20-day moving average.

On Feb.11, 2020, Talos Energy Inc. (NYSE:TALO) released that it will host its first-ever analyst and investor event on Thursday, March 12, 2020 at 2:00 PM Eastern Time, during which members of Talos’s management team will discuss the Company’s strategic and execution milestones, assets, portfolio and future outlook for the business, among other topics.

Talos will additionally release fourth quarter and full-year 2019 results for the period ended December 31, 2019 on Wednesday, March 11, 2020 after the U.S. financial market closes. The Company will host an earnings conference call, which will be broadcast live over the internet, on Thursday, March 12, 2020 at 10:00 AM Eastern Time.

ABOUT TALOS ENERGY

Talos Energy (NYSE: TALO) is a technically driven independent exploration and production company focused on safely and efficiently maximizing cash-flows and long-term value through our operations, currently in the United States Gulf of Mexico and offshore Mexico. As one of the US Gulf’s largest public independent producers, we leverage decades of geology, geophysics and offshore operations expertise towards the acquisition, exploration, exploitation and development of assets in key geological trends that are present in many offshore basins around the world. Our activities in offshore Mexico provide high impact exploration opportunities in an oil rich emerging basin.

The Basic Materials sector company, Talos Energy Inc. noticed change of 0.73% to $17.91 along volume of 344628 shares in recent session compared to an average volume of 363.70K. The stock observed return of -6.96% in 5 days trading activity. The stock was at -37.16% over one month performance. TALO’s shares are at -26.33% for the quarter and driving a -7.68% return over the course of the past year and is now at -40.60% since this point in 2018.

The average volatility for the week at 5.74% and for month was at 5.08%. There are 55.48M shares outstanding and 38.98M shares are floated in market.

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