Talos Energy Inc

TALO remains in a Stage 4 decline with a clear lower-high/lower-low sequence and downward-sloping EMAs. The recent Bearish Exhaustion candle signals fading selling momentum, but no sustained recovery has formed above resistance. Price is now oversold at the 200 DMA support and may see a short-term bounce, yet medium-term bias stays bearish. We recommend deferring sell execution into rallies up toward the broken 9/20 EMAs and 50 DMA for a rejection trade.

• ↑Q1 2025 production hit 100.9k BOE/d, marking five straight quarterly records
• ↑Returned up to 50% of FCF via $135M share repurchases since Jun ’25; maintains ~$1B liquidity
• ↓Leverage ratio ~0.7x raises refinancing risk if commodity prices fall