Talos Energy
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Talos Energy (TALO). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Upstream | $575.9M 100.0% | $1.24B 100.0% · +116.1% | $1.65B 100.0% · +32.7% | $1.46B 100.0% · -11.7% | $1.97B 100.0% · +35.4% | $1.78B 100.0% · -9.8% |
| All Other | $0 0.0% | $0 0.0% | – | – | – | – |
| CCS Segment | – | – | $0 0.0% | $0 0.0% | $0 0.0% | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Oil | $506.8M 88.0% | $1.06B 85.5% · +110.0% | $1.37B 82.6% · +28.3% | $1.36B 93.1% · -0.5% | $1.81B 91.5% · +33.0% | $1.56B 87.7% · -13.6% |
| Natural Gas | $53.7M 9.3% | $130.6M 10.5% · +143.2% | $227.3M 13.8% · +74.0% | $68.0M 4.7% · -70.1% | $105.5M 5.3% · +55.1% | $169.4M 9.5% · +60.6% |
| NGL (MBbls) | $15.4M 2.7% | $49.8M 4.0% · +222.4% | $59.5M 3.6% · +19.6% | $32.1M 2.2% · -46.0% | $61.9M 3.1% · +92.7% | $50.2M 2.8% · -18.9% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 14, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.