Talos Energy (TALO) Update - August 24

[dan_s]

I finished updating our profile on Talos Energy this afternoon. It will be posted to the EPG website this afternoon.

TALO closed today at $10.83

The company is on track to generate $466 million of operating cash flow ($5.70/share) and $100 million of free cash flow in 2021. If Talos' realized oil price is $62/bbl in 2022 they should generate $710 million of operating cash flow ($8.60/share) in 2022.

My current valuation of $30.00/share includes a "risk adjustment" since we are in the middle of hurricane season.

[Fraser921]

It rallied hard today. I’m wondering if traders think the Pemex fire helps them with so much of their production offline. This shows Mexico needs Talos , badly.

It's amazing how politicians screw themselves and their countries with lame policies.

[dan_s]

Most politicians are idiots. I used to think you had to have a high IQ to be a senator or the president. Not anymore. You just need to be able to lie with a straight face. Our Federal Government is broken. They control $Trillions and it has corrupted the whole gang in Washington. The average middle school child could have come up with a better exit strategy from Afghanistan. Does anyone with a brain think that giving Iran a clear path to weapons grade uranium is a good idea?\

Back to TALO. The Company is a lot more than just the Zama Field. Read the profile carefully and take a hard look at my forecast for 2022.