Talos Energy (TALO) was downgraded to a Hold Rating at Roth MKM

Talos Energy received a Hold rating and price target from Roth MKM analyst Leo Mariani today.

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Mariani covers the Energy sector, focusing on stocks such as Magnolia Oil & Gas, Sable Offshore, and Murphy Oil. According to TipRanks, Mariani has an average return of 35.9% and a 72.84% success rate on recommended stocks.

In addition to Roth MKM, Talos Energy also received a Hold from J.P. Morgan’s Arun Jayaram in a report issued on March 25. However, on April 1, KeyBanc maintained a Buy rating on Talos Energy (NYSE: TALO).

Based on Talos Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $392.24 million and a GAAP net loss of $204.64 million. In comparison, last year the company earned a revenue of $485.19 million and had a GAAP net loss of $64.51 million

Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TALO in relation to earlier this year. Last month, Carso De-C Inmobiliaria, a Major Shareholder at TALO sold 2,312,000.00 shares for a total of $38,535,360.00.