Talo shares in focus as the CEO changes the spark questions – Magic Post

Talo shares in focus as the CEO changes the spark questions

 – Magic Post

Talos Energy today

Talos Energy Inc. logo.
9.94 dollars +0.01 (+0.05 %)

As of 01/29/2025 03:59 pm

52 weeks
8.89 dollars

14.67 dollars

P/E ratio.
18.40

The target price
15.94 dollars

A company independent of oil and gas abroad Talos Energy Inc. New York: The House It works mainly in the American Gulf of Mexico. The Oil/Energy Sector takes advantage of technology using seismic imaging and data analyzes to discover and develop oil and gas resources more efficiently. The company has proven its ability to bring projects online and inside the budget and cooperated with large oil companies such as Chevron Company Nyse: cvx in the past.

On August 29, 2024, the CEO of the company of 12, on August 29, 2024, stepped down to “monitor other opportunities.” Board Member Joseph Mills intervened as a temporary executive immediately, while the company searched for the permanent CEO. On January 6, 2025, Mills, the temporary CEO, suddenly stepped down, immediately, adding that his departure was not related to any operational issues or accounting issues.

The strange departure in the toxins

In 2024, Mexican billionaire Carlos Selim accumulated 24 % stake in Talos Energy. Soon after the departure of CEO Dunkan, the company adopted a toxic pill in October 2024 to prevent health from controlling the company. Toxic pills are operated when any one investor acquires 25 % or more of suspended stocks. Once it is operated, current shareholders will be allowed to purchase additional shares at a reduced price, thus reducing the property share of potentially acquisition. This would make an attempt to acquire much more expensive.

Negotiating a deal to finish toxins

Talos Energy stock expectations today

The stock price expectations for 12 months:
15.94 dollars
Moderate purchase
Based on 9 analytical assessments
High expectations 21.00 dollars
Average expectations 15.94 dollars
Low expectations 12.00 dollars

Talos Energy

However, the company finished toxins in December 2024 after a deal with Carlos Selim. The agreement limited its 25 % share of its investment company, and it will sell some of the Talos Energy stadium at the Zama Field stadium to Carlos Slim’s Grupo Carso. This was seen as a profitable for both sides, which prevents a possible anti -trimmed acquisition while reaching $ 82.9 million of the deal while strengthening its partnership with Grupo Carso and still has 20 % of Talos Mexico, which has 17.4 % attention in the Zama field.

The Embrassial DE is prohibited from buying any other shares until December 16, 2025, exceeding 25 %. Carlos Selim and his family have Grupo Carso and the control of Empressial De Capitales. This option still leaves the company vulnerable to acquisition in 2026.

The temporary CEO stepped down when the announcement of the permanent CEO declaration waving

Before investors were able to wrap their heads about the reason for the resignation of the first CEO, the temporary CEO suddenly resigned on January 6, 2025, to clarify other opportunities. The candidate. ”The company expects that the candidate will join the end of the first quarter of 2025. Once, the question is, why is there a hurry to leave for the interim CEO? The company also reaffirmed its production forecast for 2024 from 91,000 to 94,000 barrels of oil per day and confirmed that There are accounting or operational reasons for the departure of Joseph Mills.

Katmai West #2 An important discovery from 15,000 to 20,000 barrels per day

On January 15, 2025, Talos Energy announced that it had dug heavily from the Katmai West #2 in the EWing Bank area in the American Gulf of Mexico before the specified date and under the budget at the head depth of 27,000 feet. He has discovered a great discovery, which is that he faced the completely targeted basic sand to the base by more than 400 feet of total hydrocarbon wages and excellent rock properties, as expected. This is equivalent to approximately 15,000 to 20,000 barrels of oil per day. It is expected to be the first production in the second quarter of 2025.

Talo arrow leads to an escalating wedge breakdown

The similar triangle consists of resistance to the scattered (fallen) upper direction line, converging with the support of the trend lower (height) at the top point. The outbreak occurs when the arrow rises above the resistance of the upper direction line. The collapse occurs when the arrow collapses below the lower direction line support. The collapse or collapse becomes prominent as the arrow approaches the Apex point while the canal narrows.

Talos Energy Talo

Talo formed a similar triangle of resistance to the approximate upper direction line when the 12.71 -up swing rose and support for the lower upward trend starting from FIB at $ 8.94. The daily VWAP sits at $ 10.18, and the daily RSI slips in the range 47. withdrawal support levels at $ 10.17, $ 9.55, $ 8.94 and $ 7.95.

The average price of the Talo Stock consensus is 56.39 % higher at 15.94 dollars, and the highest target is the analyst sitting at $ 21.00. It has seven analysts buying categories and two reservation assessments. The arrow has a short interest of 7.09 %.

The upscale investors can think about using FIB withdrawals to buy DIP. If the shares are set, the writing of the covered calls at the upper FIB levels implement the wheel strategy for income.

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