Tullow Oil (TLW)

Sector:

Energy Producers

Index:

FTSE 250

   Trade now with Barclays Stockbrokers   Trade now with Barclays   Sponsored by Barclays Stockbrokers

209.10p
   
  • Change Today:
      1.40p
  • 52 Week High: 266.30
  • 52 Week Low: 165.15
  • Currency: UK Pounds
  • Shares Issued: 1,402.86m
  • Volume: 924,237
  • Market Cap: £2,933.38m
  • RiskGrade: 197
  • Beta: 0.04

Tullow lowers guidance after issues at Ghana ops

By Frank Prenesti

Date: Thursday 25 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Tullow Oil on Thursday downgraded 2019 output guidance to 90,000-98,000 barrels of oil per day (bpd) after issues at its Ghana operations.
In a trading update, the company cited "gas compression constraints on Jubilee during February and a delay in completing the Enyenra-10 production well at the TEN field".

"Both issues have now been resolved," Tullow said.

"The group is currently producing over 95,000 bopd and, with an additional TEN production well due onstream before the half-year, Tullow's net oil production is expected to rise to 100,000 bopd in the second half of 2019."

Tullow's previous production guidance was 93,000-101,000 bpd.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Tullow Oil Market Data

Currency UK Pounds
Share Price 209.10p
Change Today 1.40p
% Change 0.67 %
52 Week High 266.30
52 Week Low 165.15
Volume 924,237
Shares Issued 1,402.86m
Market Cap £2,933.38m
Beta 0.04
RiskGrade 197

Tullow Oil Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
45.98% below the market average45.98% below the market average45.98% below the market average45.98% below the market average45.98% below the market average
93.88% below the sector average93.88% below the sector average93.88% below the sector average93.88% below the sector average93.88% below the sector average
Price Trend
55.47% above the market average55.47% above the market average55.47% above the market average55.47% above the market average55.47% above the market average
65.38% above the sector average65.38% above the sector average65.38% above the sector average65.38% above the sector average65.38% above the sector average
Income
67.19% below the market average67.19% below the market average67.19% below the market average67.19% below the market average67.19% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
4.23% above the market average4.23% above the market average4.23% above the market average4.23% above the market average4.23% above the market average
34.43% below the sector average34.43% below the sector average34.43% below the sector average34.43% below the sector average34.43% below the sector average

What The Brokers Say

Strong Buy 10
Buy 1
Neutral 8
Sell 0
Strong Sell 1
Total 20
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tullow Oil Dividends

  Latest Previous
  Final Interim
Ex-Div 04-Apr-19 n/a
Paid 10-May-19 n/a
Amount 4.80¢ 0.000p

Trades for 26-Jun-2019

Time Volume / Share Price
09:53 102 @ 209.10p
09:53 644 @ 209.10p
09:53 1,000 @ 209.20p
09:53 1,500 @ 209.20p
09:53 686 @ 209.30p

Tullow Oil Key Personnel

CEO Paul McDade
Chair Dorothy Thompson

Top of Page