Talos Energy: Control empresarial, 10% owner, sells $38.5m shares

Talos Energy's 10% owner and director, Control Empresarial de Capitales S.A. de C.V., sold 2.14 million of the company's common shares on October 19, 2026. The share sale totaled around $38.56 million, with each share traded at an average price of $18.01. The individual shares were sold at prices ranging between $17.90 and $18.27, as Talos stock hovered near its 52-week high of $18.73 following a 100% gain over the past year.

After the sale, Control Empresarial de Capitales S.A. de C.V. directly owns 24.5 million common shares of Talos Energy Inc. Analysts believe the stock is undervalued, with price targets ranging from $20 to $24. Talos Energy reported strong second-quarter 2026 results, beating expectations with adjusted earnings of $0.57 per share and revenue of $664.81 million.

The company also completed a $420 million acquisition of deepwater assets in the Gulf of Mexico from Shell Offshore Inc., in collaboration with Ridgewood Energy Corporation.