Tullow Oil (TLW)

Sector:

Energy Producers

Index:

FTSE 250

226.80p
   
  • Change Today:
    -6.80p
  • 52 Week High: 266.30p
  • 52 Week Low: 165.15p
  • Currency: UK Pounds
  • Shares Issued: 1,404.10m
  • Volume: 6,011,919
  • Market Cap: £3,184.49m
  • RiskGrade: 283
  • Beta: 0.01

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.

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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 226.80p
Change Today -6.80p
% Change -2.91 %
52 Week High 266.30p
52 Week Low 165.15p
Volume 6,011,919
Shares Issued 1,404.10m
Market Cap £3,184.49m
Beta 0.01
RiskGrade 283

Tullow Oil Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
33.67% below the market average33.67% below the market average33.67% below the market average33.67% below the market average33.67% below the market average
89.9% below the sector average89.9% below the sector average89.9% below the sector average89.9% below the sector average89.9% below the sector average
Price Trend
32.10% above the market average32.10% above the market average32.10% above the market average32.10% above the market average32.10% above the market average
61.54% above the sector average61.54% above the sector average61.54% above the sector average61.54% above the sector average61.54% above the sector average
Income
78.08% below the market average78.08% below the market average78.08% below the market average78.08% below the market average78.08% 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
3.94% above the market average3.94% above the market average3.94% above the market average3.94% above the market average3.94% above the market average
31.25% below the sector average31.25% below the sector average31.25% below the sector average31.25% below the sector average31.25% below the sector average

What The Brokers Say

Strong Buy 16
Buy 0
Neutral 5
Sell 1
Strong Sell 1
Total 23
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
  Interim Final
Ex-Div 29-Aug-19 04-Apr-19
Paid 04-Oct-19 10-May-19
Amount 2.35¢ 4.80¢

Trades for 23-Sep-2019

Time Volume / Share Price
16:52 6,400 @ 227.05p
16:52 6,400 @ 227.05p
16:52 6,400 @ 226.11p
16:52 6,400 @ 226.11p
16:35 1,849,549 @ 226.80p

Tullow Oil Key Personnel

CEO Paul McDade
Chair Dorothy Thompson

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