Insider Dumps 90,000 Shares of Energy Stock, Valued at $1.5 Million
Spath liquidated one-third of his direct holdings at prices ranging from $16.79 to $16.96, retaining ~179,000 shares after the transaction.
Overview
John B. Spath reported a sale of 90,000 shares of Talos Energy (NYSE:TALO) common stock on August 27, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($16.90); post-transaction value based on August 27, 2026 market close ($16.73).
Details
Talos Energy is an independent oil and gas exploration and production company with a market capitalization of $2.8 billion and TTM revenues of $2.0 billion, operating a diversified portfolio of offshore assets in the Gulf of Mexico region. The company maintains proven reserves of approximately 161.59 million barrels of oil equivalent as of year-end 2021, positioning it as a meaningful participant in North American hydrocarbon production. Talos Energy's competitive positioning derives from its focused geographic footprint, operational expertise in deepwater environments, and access to established infrastructure in mature producing basins.
Source
Originally published at www.fool.com.
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