Talos Energy Inc. (NYSE:TALO) provides Q2 hedging update and announces borrowing base of $850 million was unanimously reaffirmed. During the second quarter of 2019, Talos also entered into a series of derivative contracts, comprised of swaps and costless collars, to hedge additional fiscal year 2020 oil production of 3,423,500 Bbls. The weighted average price the Company will receive under the swap contracts was $56.59/bbl and the weighted average floor and ceiling prices for the costless collars were $55.00 and $66.63, respectively. The table below reflects the contracted volumes and weighted average prices the Company will receive under its derivative contracts as of June 30, 2019.
The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the TALO is 0.50%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the TALO is 99.00%.
Institutional transactions is the amount of a Talos Energy Inc. (NYSE:TALO)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the TALO is -0.56%.
A Basic Materials sector firm, Talos Energy Inc. (NYSE:TALO) stock ticked up 1.47% on Wednesday and when day-trade ended the stock finally concluded at $25.46 and number of shares that changed hands during the day are 241707. The number of shares TALO stock currently held by all its shareholders are 52.49 and floated shares, the number of shares are available for trading in an open market on last trading day are 38.95. The average volume of shares for 3 months is 282.31 and TALO stock value has moved between $14.63 – 37.44 in last one year.
The Talos Energy Inc. (NYSE:TALO)’s latest earnings date is 8/7/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Talos Energy Inc. (NYSE:TALO) is 82.20% and the profit margin is 14.60% and the stock has gained 56.00% in 2019 to date.
Talos Energy Inc. (NYSE:TALO)’s monthly stock performance is 13.71%, the quarterly performance is -4.03%, the half year performance is calculated as 32.05%. The yearly performance of TALO is -27.69%.
The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Talos Energy Inc. (NYSE:TALO) weekly volatility is measured as 3.54% and monthly volatility measured as 3.75%.
Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. TALO return on assets is 5.60%, the return on equity (ROE) of the Talos Energy Inc. (NYSE:TALO) is 16.40%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and TALO return on investment is 14.20%.
The price to earnings ratio is 2.34, price to sales ratio is 1.45, and price to book ratio is 1.53, price to cash per share ration is 24.12.
Analysts mean target price for Talos Energy Inc. (NYSE:TALO) is $41.50 while analysts mean recommendation is 1.70. The current share price indicates that stock is -32.36% away from its one year high and is moving 74.38% ahead of its 52-week low. TALO’s distance from 20 day simple moving average is 8.28% and distance from 50-Day simple moving average is 0.35%.