Page 1

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ( Mark One ) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from Commission File Number 001-38497 TALOS Delaware ( State or other jurisdiction of incorporation or organization ) 333 Clay Street , Suite 3300 Houston , TX ( Address of principal executive offices ) ENERGY INC . Talos Energy Inc. ( Exact name of Registrant as specified in its Charter ) to Registrant's telephone number , including area code : ( 713 ) 328-3000 Trading Symbol ( s ) 82-3532642 ( I.R.S. Employer Identification No. ) TALO Securities registered pursuant to Section 12 ( b ) of the Act : Title of Each Class Common Stock Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes NO Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15 ( d ) of the Act . Yes NO Indicate by check mark whether the registrant : ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes NO 77002 ( Zip Code ) Name of Each Exchange on Which Registered NYSE Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( §232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes NO Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Large accelerated filer Non - accelerated filer Emerging growth company Accelerated filer Smaller reporting company ✓ || If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . ✔ Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Act ) . YES NO The aggregate market value of the voting and non - voting common equity held by non - affiliates of the registrant , based on the closing price of the shares of common stock on the New York Stock Exchange on June 30 , 2020 , was $ 213,227,480 . The number of shares of registrant's Common Stock outstanding as of March 3 , 2021 was 81,279,989 . Portions of the registrant's definitive proxy statement relating to the 2021 Annual Meeting of Shareholders are incorporated by reference into Part III of this report .