Ruminations of a Taco-Obsessed Philly Native

Talos Energy is a well-established independent oil and gas company based in Houston, Texas. It is a privately owned firm founded in 2012. Among its founders is John A. Parker, John L. Harrison, Stephen E. Heitzman, and Timothy S. Duncan. It is an active IPO with a number of 101 to 250 efficient and skilled employees.

The company thrives under the leadership of an experienced management team in offshore exploration and production of oil and gas. It operates on the basis of asset acquisition in and around Gulf Coast and the Gulf of Mexico regions. Talos main emphasis is on optimizing, exploring and exploiting assets.

Article Recap: How the Tech Firms Fairing Today in Stocks

With the return of volatility in the stock market industry, the value of public companies is slowly diminishing. The jitter is all over the headlines as people seek to find answers to this bubble. As we speak, the Dow Jones Industrial Average is significantly going down from 150, 300, 500 and 600 points and later acquiring 424.5 points at the close of the day which translates to 1.74%. NASDAQ also dropped with 1.70 percent while the S&P 500 accumulated a whole 1.34 percent. Clearly, this was a really bad day for the stock markets. Consequently, technology got the better part of the whole issue and a preceding report on partial damage to get investors on the right track once again.

According to Google Finance API and Google Sheets’ math, most American-based technology firms lost greatly in the stock markets. The “Big Five” (Apple, Microsoft, Facebook, Amazon, and Alphabet) lost $ 104.39 Billion in just a single session. Moreover, the new companies that recently made their great wins public such as Zscaler were also on the losing edge. No one gave the insights on the current state of the stock market today. The market status today reveals that both the stable tech companies in the industry and SaaS companies are in a total mess. On the other hand, the newest IPOs in the market are doing fairy better today. 2018 seems to be the year where overall points earned by the specific companies do not matter anymore but rather when the operating rules are formulated. The stock markets are not clear on the tech companies’ future.

https://www.crunchbase.com/organization/talos-energy