
Talos Energy’s second-lien issue ratings downgraded by S&P Global Ratings
Investing.com -- S&P Global Ratings announced today that it has lowered its issue-level rating on the second-lien notes of U.S.-based crude oil and natural gas exploration and production company, Talos Energy (NYSE:TALO) Inc. The rating was revised to ’B+’ from ’BB-’ due to a lower PV-10 value at the end of 2024 under the agency’s recovery price assumptions.The downgrade affected t ...