Talos Energy: Sunspear Discovery And CO2 Storage Could Push The Price Up
Talos Energy(TALO) Seeking Alpha·2024-01-01 10:29
Pla2na/iStock via Getty Images Talos Energy Inc. (NYSE:TALO) may see production increases in 2024 from the Sunspear discovery as well as Venice and Lime Rock. In my view, thanks to the CO2 storage market growing at close to 21% CAGR and TALOS's storage portfolio, the company may receive significant demand for the stock. There are obvious risks associated with future crude price volatility or lower oil reserves than expected, however, TALO does look very cheap at its current valuation. Talos Energy Talos Ene ...