Talos Energy reports strong Q1 production, $113M free cash flow, and boosts share buyback authorization to $200M

Talos Energy announced Q1 2026 results with oil production at 63.8 thousand barrels per day, exceeding guidance, and adjusted free cash flow of $113.2 million. The company repurchased 2.7 million shares for $38.2 million and increased its share repurchase authorization to $200 million. Despite a net loss of $256.2 million due to non-cash impairments, Talos remains on track with its 2026 production and capital expenditure guidance. Key projects like Cardona and Monument are progressing ahead of schedule, supporting future growth.