Talos Energy raised to Buy at Roth after acquisition of 'very high margin' assets

Seeking Alpha ·

Talos Energy ( TALO ) up 4.1% in Wednesday's trading following its $850M acquisition of deepwater assets in the U.S. Gulf from Shell, which are expected to boost Talos' oil production by ~20% and be immediately accretive on key financial metrics.

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Bullish (Long) 55% · Bearish (Short) 45%

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