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Talos Energy (Talos Energy) Net Income : $187 Mil (TTM As of Dec. 2023)


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What is Talos Energy Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Talos Energy's Net Income for the three months ended in Dec. 2023 was $86 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $187 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Talos Energy's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.69.


Talos Energy Net Income Historical Data

The historical data trend for Talos Energy's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Talos Energy Net Income Chart

Talos Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only 58.73 -465.61 -182.95 381.92 187.33

Talos Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.75 89.86 13.68 -2.10 85.90

Talos Energy Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Talos Energy's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=126.735+60.597+0+0
=187

Talos Energy's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=80.817+5.081+0+0
=86

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $187 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Talos Energy  (NYSE:TALO) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Talos Energy's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Talos Energy Net Income Related Terms

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Talos Energy (Talos Energy) Business Description

Traded in Other Exchanges
Address
333 Clay Street, Suite 3300, Houston, TX, USA, 77002
Talos Energy Inc is an independent oil and gas company primarily involved in offshore exploration and production. The company has operations in the United States, the Gulf of Mexico, and offshore Mexico. The revenue is generated from the sale of oil, natural gas, and NGL quantities sold to purchasers.
Executives
Control Empresarial De Capitales S.a. De C.v. 10 percent owner, other: Add'l Rep. Persons-see Ex.99-1 INSURGENTES SUR #3500, PB, COL. PENA POBRE, DELEGACION TLALPAN, CP, MEXICO D.F. O5 14060
Maiworm Sergio L. Jr. officer: See Remarks 333 CLAY STREET, SUITE 3300, HOUSTON TX 77002
Bcc Enven Investments (s), L.p. 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Credit Member, Llc 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Distressed & Special Situations 2013 (aiv I), L.p. 10 percent owner C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON ST., BOSTON MA 02116
Bain Capital Distressed & Special Situations 2016 (f), L.p. 10 percent owner C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Credit, Lp 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Distressed & Special Situations 2013 (b), L.p. 10 percent owner C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Credit Managed Account (psers), L.p. 10 percent owner C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON ST., BOSTON MA 02116
Bain Capital Credit Managed Account (e), L.p. 10 percent owner C/O BAIN CAPITAL CREDIT, LP, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Distressed & Special Situations 2016 (a), L.p. 10 percent owner C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Sankaty Credit Opportunities Iv Lp 10 percent owner C/O SANKATY ADVISORS LLC, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Richard Sherrill director 333 CLAY STREET, SUITE 3300, HOUSTON TX 77002
Shandell Szabo director 333 CLAY STREET, SUITE 3300, HOUSTON TX 77002
Bcc Enven Investments (2013), L.p. 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116