Talos Energy announces fourth quarter and full year 2020 results 11 Mar 2021 Talos Energy has announced its operational and financial results for the fourth quarter and full year 2020. The Company also announced its year-end 2020 reserves figures as well as 2021 operational and financial guidance. Key Highlights – Fourth Quarter 2020: Production of 59.4 thousand barrels of oil equivalent per day ("MBoe/d") net. Year-end production exit rate was over 71.0 MBoe/d net. Net Loss of $430.7 million inclusive of $267.9 million in commodity price-related impairments, or $5.73 loss per diluted share, and Adjusted Net Loss (1) of $31.2 million, or $0.41 adjusted loss per diluted share. Adjusted EBITDA (1) of $106.4 million, for an Adjusted EBITDA margin of over 60%.