| Stage | TALO | % of rev | PUMP | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $665M | 100.00% | $355M | 100.00% | TALO ×1.87 |
| Gross profit | $509M | 76.58% | $86M | 24.10% | TALO +52.5pp |
| Operating income | $198M | 29.82% | $11M | 3.10% | TALO +26.7pp |
| Pre-tax income | $195M | 29.29% | $12M | 3.26% | TALO +26.0pp |
| Net income | $150M | 22.55% | $13M | 3.66% | TALO +18.9pp |
| Stage | TALO | PUMP | Gap · A − B |
|---|---|---|---|
| Revenue | $665M100.00% | $355M100.00% | TALO ×1.87 |
| Gross profit | 76.58%$509M | 24.10%$86M | TALO +52.5pp |
| Operating income | 29.82%$198M | 3.10%$11M | TALO +26.7pp |
| Pre-tax income | 29.29%$195M | 3.26%$12M | TALO +26.0pp |
| Net income |
| 22.55%$150M |
| 3.66%$13M |
| TALO +18.9pp |
TALO 10-KFeb 27 '25
“Exxon Mobil Corporation 17 % ** **”
PUMP 10-KFeb 19 '26
“For the year ended December 31, 2025, Exxon Mobil Corporation ("ExxonMobil"), Occidental Petroleum Corporation, EOG Resources, Inc. and Permian Resources Corporation accounted for 24.9%, 13.7%, 12.1%, and 11.2%, respectively, of total revenue.”