Talos Energy, Inc. (TALO) financial statements (2021 and earlier)

Company profile

Business Address 333 CLAY STREET
HOUSTON, TX 77002
State of Incorp. DE
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3487140
Cash and cash equivalents3487140
Restricted cash and investments  1
Receivables157124134
Prepaid expense296639
Derivative instruments and hedges, assets7875
Other current assets228
Other undisclosed current assets18620
Total current assets:247294417
Noncurrent Assets
Operating lease, right-of-use asset78
Property, plant and equipment2,5362,2262,051
Derivative instruments and hedges1  
Other noncurrent assets24543
Other undisclosed noncurrent assets1989
Total noncurrent assets:2,5872,2952,063
TOTAL ASSETS:2,8352,5892,480
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities278236250
Accounts payable1057151
Accrued liabilities163155189
Interest and dividends payable101010
Debt221915
Derivative instruments and hedges, liabilities66191
Asset retirement obligation506169
Other liabilities242022
Other undisclosed current liabilities81424
Total current liabilities:448370380
Noncurrent Liabilities
Long-term debt and lease obligation1,004750655
Long-term debt, excluding current maturities986733655
Operating lease, liability1917
Liabilities, other than long-term debt456391437
Asset retirement obligations392308314
Other liabilities5482123
Derivative instruments and hedges, liabilities101 
Total noncurrent liabilities:1,4601,1411,092
Total liabilities:1,9081,5111,472
Stockholders' equity
Stockholders' equity attributable to parent9271,0781,007
Common stock111
Additional paid in capital1,6601,3461,334
Accumulated deficit(734)(268)(327)
Total stockholders' equity:9271,0781,007
TOTAL LIABILITIES AND EQUITY:2,8352,5892,480

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Revenues587928891
Gain on disposition of assets for financial service operations144  
Cost of revenue(612)(578)(452)
Gross profit:(24)349439
Operating expenses(397)(136)(186)
Operating income (loss):(421)213253
Nonoperating income (expense)91(93)61
Investment income, nonoperating88(95)60
Interest and debt expense(99)(98)(90)
Income (loss) from continuing operations before income taxes:(430)23224
Income tax expense (benefit)(36)36(3)
Net income (loss) available to common stockholders, diluted:(466)59222

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Net income (loss):(466)59222
Comprehensive income (loss), net of tax, attributable to parent:(466)59222

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: