Talos Energy, Inc. (NYSE:TALO) Q2 2023 Earnings Conference Call August 9, 2023 10:00 AM ET
Company Participants
Sergio Maiworm - SVP & CFO
Timothy Duncan - Founder, President, CEO & Director
Robin Fielder - EVP, Low Carbon Strategy & Chief Sustainability Officer
Conference Call Participants
Leo Mariani - ROTH MKM Partners
Subhasish Chandra - The Benchmark Company
Jeffrey Robertson - Water Tower Research
Michael Scialla - Stephens Inc.
Nathaniel Pendleton - Stifel, Nicolaus & Company
Operator
Good day, and welcome to the Talos Energy Second Quarter 2023 Earnings Conference Call. [Operator Instructions]. Please note, this event is being recorded. I would now like to turn the conference over to Sergio Maiworm, Senior Vice President and Chief Financial Officer. Please go ahead.
Sergio Maiworm
Thank you, operator. Good morning, everyone, and welcome to our second quarter 2023 earnings conference call. Joining me today to discuss our results are Tim Duncan, President and Chief Executive Officer; and Robin Fielder, Executive Vice President, Low Carbon Strategy and Chief Sustainability Officer. Before we get started, I'd like to take this opportunity to remind you that our remarks will include forward-looking statements.
Actual results may differ materially from those contemplated by these forward-looking statements. Factors that could cause these results to differ materially are set forth in yesterday's press release and in our most recent annual report on Form 10-K and our quarterly reports on Form 10-Q filed with the SEC. Forward-looking statements are based on assumptions as of today, and we undertake no obligation to update these statements as a result of new information or future events.
During the call, we may present GAAP and non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measures was included in yesterday's press release, which was filed with the SEC and available on our website. Now I'd like to turn the call over to Tim.
Timothy Duncan
Thank you, Sergio, and welcome, everyone, to our call. We appreciate you listening in. Before I begin, I want to congratulate Sergio in his new role as our Chief Financial Officer. Sergio has been in a leadership role at Talos since we became a public company over 5 years ago, and I'm confident his significant experience in finance, treasury, accounting and investor relations and his deep understanding of our business are extraordinarily valuable to us as we continue to grow and drive Talos forward.
The second quarter was highlighted by solid execution by our operations team that led to high margins in our upstream business, another discovery in our infrastructure-led drilling program, a partial monetization and renewed progress in Mexico, a Class VI permit filing in CCS and opportunistic share repurchases. So quite a bit was accomplished since our last call. And we are excited about the direction of our business.