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Stock impact report

Talos Energy Completes Acquisition of QuarterNorth Energy [Yahoo! Finance]

Talos Energy, Inc. (TALO) 
Last talos energy, inc. earnings: 3/11 06:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
After completing the acquisition, Talos has approximately 183.0 million shares of common stock outstanding, including approximately 24.4 million shares issued to the QuarterNorth shareholders as consideration for the transaction. Additionally, Talos has appointed QuarterNorth's designee, Joseph A. Mills , to the Talos Board of Directors. Talos plans to update its 2024 operational and financial guidance to reflect the acquisition closing timing in the coming days. Talos President and Chief Executive Officer Timothy S. Duncan commented: "We are excited to close this important transaction ahead of schedule as we focus on operational execution and acceleration of synergies from the transaction. We expect the addition of these predominantly operated, oil-weighted deepwater assets and related infrastructure will enhance our ability to consistently generate substantial free cash flow while expanding our portfolio of growth opportunities. We also welcome Joe Mills to our Board. Joe brings Show less Read more
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