for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Tullow Oil plc

TLW.L

Latest Trade

59.32GBp

Change

-8.48(-12.51%)

Volume

34,137,235

Today's Range

54.40

 - 

70.08

52 Week Range

38.05

 - 

254.71

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
67.80
Open
67.80
Volume
34,137,235
3M AVG Volume
308.43
Today's High
70.08
Today's Low
54.40
52 Week High
254.71
52 Week Low
38.05
Shares Out (MIL)
1,406.58
Market Cap (MIL)
942.00
Forward P/E
6.10
Dividend (Yield %)
--

Next Event

Tullow Oil PLC Trading Statement Release

Latest Developments

More

S&P Global Says Tullow Oil Downgraded To 'B' Following Resignations Outlook

M&G Discloses Below 5% Stake In Tullow Oil As Of Dec. 9 - Filing

Tullow Oil CEO Steps Down, Board Scraps Dividend

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Tullow Oil plc

Tullow Oil plc is an independent oil and gas exploration and production company. The Company's primary activity is the discovery and production of oil and gas. Its segments include West Africa; East Africa, and New Ventures. The West Africa Business focuses on its production and development projects in West Africa and Europe. The business includes its operated asset, the Jubilee field in Ghana, the TEN Project and a portfolio of non-operated production assets in approximately five countries across the region. The East Africa Business is focused on exploration activity across the Company's acreage position in Kenya. The New Ventures Business is focused on its frontier exploration and appraisal activity across Africa and South America. It manages its New Ventures portfolio through both license acquisitions and farm downs of existing acreage. Its activities include targeted exploration and appraisal, and selective development projects. It has operations in Africa and South America.

Industry

Oil & Gas Operations

Contact Info

Chiswick Park, 566 Chiswick High Road

+44.20.32499000

https://www.tullowoil.com/

Executive Leadership

Dorothy C. Thompson

Executive Chairman of the Board

Les Wood

Chief Financial Officer, Executive Director

Mark MacFarlane

Chief Operating Officer

Martin F. Greenslade

Non-Executive Director

Sheila Khama

Non-Executive Director

Key Stats

2.64 mean rating - 22 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

1.3K

2017

1.7K

2018

1.9K

2019(E)

1.9K
EPS (USD)

2016

0.247

2017

-0.020

2018

0.410

2019(E)

0.148
Price To Earnings (TTM)
9.65
Price To Sales (TTM)
0.66
Price To Book (MRQ)
0.45
Price To Cash Flow (TTM)
1.74
Total Debt To Equity (MRQ)
170.47
LT Debt To Equity (MRQ)
160.13
Return on Investment (TTM)
1.44
Return on Equity (TTM)
1.23

Latest News

Latest News

S&P cuts Tullow Oil's credit rating after production blows, CEO exit

Ratings agency S&P Global on Friday downgraded Tullow Oil's <TLW.L> long-term credit rating to 'B' from 'B+', days after the Africa-focused company's Chief Executive Officer stepped down and it scrapped its dividend.

European shares dragged down by Tullow Oil and weak China export data

European stocks slipped on Monday, dragged down by a slump in shares of Tullow Oil after its chief executive stepped down and the oil and gas explorer scrapped its dividend, while weak data out of China also weighed on sentiment.

UK shares weaken, Tullow loses half its market cap

London's exporter-heavy FTSE 100 inched lower on Monday as oil majors and Asia-exposed financials fell on China growth worries and as the pound strengthened, while a 72% slump in Tullow Oil single-handedly dragged down midcaps.

Britain's Tullow Oil chief to exit as group loses half its value

More than half of the value of Africa-focused Tullow Oil <TLW.L> was wiped out on Monday as Chief Executive Officer Paul McDade stepped down and the oil producer scrapped its dividend after failing to meet production targets due to weak performance by flagship assets in...

Miners, banks weigh on FTSE 100; Tullow Oil plunges

London's blue-chip stocks retreated on Monday as oil majors and Asia-exposed financials fell after disappointing exports data from China stoked growth worries, while midcaps were weighed down by a 50% slump in Tullow Oil.

Uganda reaches deal on tax dispute, paves way for Tullow stake sale

Uganda said on Monday it had settled a tax dispute with international oil firms, clearing the way for Britain's Tullow Oil <TLW.L> to revive plans to sell a stake in its assets and allow the firms to move to a final decision on development.

Uganda says it has reached deal on tax dispute, paves way for Tullow stake sale

Uganda said on Monday it had reached a deal with international oil firms on a tax dispute, clearing the way for Britain's Tullow Oil to revive plans to sell a stake in its assets and allow the firms to move to a final investment decision.

UPDATE 2-Tullow Oil shares sink with outlook for production, heavy crude in Guyana

* Shares plunge to 2-year low (Adds detail on Guyana, analyst comments, background)

UK shares dip as Trump fails to soothe trade nerves

UK bluechip stocks retreated on Wednesday as traders grew weary of mixed signals from U.S. President Donald Trump about the progress of trade talks with China, while Tullow Oil slid after slashing production targets.

Tullow CEO says too early for new investment date on Uganda oil project

It is still too early to give a new timeline on a final green light for investment in Uganda's first oilfields, Tullow Oil <TLW.L> Chief Executive Paul McDade said on Wednesday, reiterating Tullow's plan to sell down its stake.

Tullow to drill at least 3 new Guyana wells in 2020 after second discovery

Tullow Oil <TLW.L> plans to drill three or more oil exploration wells in Guyana next year, Chief Executive Officer Paul McDade said on Monday after the firm's second offshore oil discovery in the South American country.

Tullow to drill at least 3 new Guyana wells in 2020 after second discovery

Tullow Oil plans to drill 3 or more oil exploration wells in Guyana next year, Chief Executive Officer Paul McDade said on Monday after the firm's second oil discovery in the country.

Ugandan oil pipeline plan suspended due to collapse of Tullow-Total deal

Work on a pipeline to export Ugandan oil has been suspended, an industry official said on Wednesday, after Tullow Oil's <TLW.L> plan to sell a stake in the project to France's Total <TOTF.PA> and China's CNOOC <0883.HK> was called off last week.

Tullow Oil's sale of stake in Uganda project to Total, CNOOC dropped

Tullow Oil's <TLW.L> plan to sell another stake in its 230,000 barrel per day project in Uganda to France's Total <TOTF.PA> and China's CNOOC <0883.HK> has been called off due to a tax dispute with the Ugandan authorities, Tullow said on Thursday.

CORRECTED-Tullow Oil says Uganda stake sale to Total, CNOOC called off

Tullow Oil's sale of a stake in its planned 230,000 barrel per day project in Uganda to France's Total and China's CNOOC has been called off due to a tax dispute with the Ugandan authorities, Tullow said on Thursday.

UPDATE 1-Tullow and Eco drill exploration well in Guyana's Orinduik block

* Eco Atlantic and Tullow have started drilling a new exploration well in Guyana's offshore Orinduik block, where they made a discovery with partner Total this month.

Tullow, Eco drill fresh exploration well in Guyana's Orinduik block

* Eco Atlantic and Tullow started drilling a fresh exploration well in Guyana's offshore Orinduik block, where they made a discovery with partner Total this month.

Kenya set for first crude oil exports after striking ChemChina deal

Kenya is set to export its first crude oil after its government and a group led by explorer Tullow Oil <TLW.L> picked trading company ChemChina UK Ltd to buy its first shipments, the Petroleum and Mining Ministry said.

Tullow shares soar 20% on Guyana oil discovery

Tullow Oil PLC <TLW.L> said on Monday it has made a large oil discovery in Guyana, sending its share price soaring on expectations that it will develop a productive field in the South American country's nascent oil industry.

UK shares gain broadly, Thomas Cook tanks

London's FTSE 100 rebounded on Monday after suffering its steepest five-day drop since May last week over worries of a prolonged U.S.-China trade war, while tour company Thomas Cook plunged after updating on its recapitalisation plans.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up