TALO: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	1.78bn	1.97bn
Selling, general and administrative	155m	202m
Operating expenses	2.34bn	1.80bn
Operating income	−560m	173m
Interest expense	163m	188m
Pre-tax income	−604m	−71m
Income tax	−109m	5m
Net income	−494m	−76m
Earnings per share	−2.82	−0.44
Earnings per share, diluted	−2.82	−0.44
Weighted average shares	175m	176m
Weighted average shares, diluted	175m	176m

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	386m	363m	333m	357m	203m	108m	46m	38m
Receivables	341m	323m	333m	210m	243m	404m	210m	244m
Current assets	847m	841m	811m	871m	709m	659m	656m	566m
Property, plant and equipment	4.19bn	4.44bn	4.59bn	4.75bn	5.09bn	5.22bn	5.41bn	5.48bn
Total assets	5.27bn	5.55bn	5.70bn	5.92bn	6.13bn	6.19bn	6.40bn	6.36bn
Current liabilities	707m	645m	637m	712m	673m	723m	678m	712m
Short-term debt	—	—	—	—	—	0	0	0
Long-term debt	1.23bn	1.23bn	1.22bn	1.22bn	1.22bn	1.22bn	1.34bn	1.44bn
Total liabilities	3.40bn	3.38bn	3.32bn	3.41bn	3.40bn	3.43bn	3.58bn	3.64bn
Equity	1.87bn	2.17bn	2.38bn	2.52bn	2.73bn	2.76bn	2.82bn	2.73bn
Shares outstanding	—	189m	189m	188m	188m	187m	187m	187m
Shares issued	190m	189m	189m	188m	188m	187m	187m	187m
Treasury shares	23m	20m	19m	14m	10m	7m	7m	7m

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	936m	963m
Depreciation and amortisation	1.06bn	1.02bn
Share-based compensation	18m	14m
Investing cash flow	−547m	−1.32bn
Share buybacks	119m	45m
Financing cash flow	−165m	436m