Talos Energy Inc. ("Talos," or the "Company") (NYSE: TALO) has announced that the Company will be added to the S&P SmallCap 600 Index, effective November 1, 2019, prior to the market open. The S&P SmallCap 600 measures the small-cap segment of the U.S. equity market and consists of 600 domestic stocks selected by Standard & Poor's Index Committee based on certain criteria, such as market capitalization and financial viability.
President and Chief Executive Officer Timothy S. Duncan commented, "Talos is honored to have been included in the S&P SmallCap 600 index. We continue to focus on the execution of our strategy of leveraging our deep technical expertise offshore to unlock material resource opportunities nearby existing infrastructure, and the additional credibility brought on by the inclusion in this index will further attract a broader base of investors and increase our trading liquidity."