TLW.L - Tullow Oil plc
| Previous close | 269.80 |
| Open | 269.90 |
| Bid | 248.00 x 70000 |
| Ask | 291.00 x 153700 |
| Day's range | 266.98 - 276.64 |
| 52-week range | 223.40 - 276.64 |
| Volume | 8,951,602 |
| Avg. volume | 11,248,548 |
| Market cap | 3.836B |
| Beta | 1.56 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -14.70 |
| Earnings date | 25 Jul 2018 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 2014-08-27 |
| 1y target est | 2.87 |
- Reuters - UK Focus•3 days ago
Ghana to award nine new oil blocks off west coast -energy ministry
Ghana is set to award nine new upstream oil blocks for commercial exploration off its western coast beginning this year, the energy ministry said on Thursday. The West African country plans to award six of the nine blocks this year while the remaining three will be given out next year through a mix of open competitive tender and direct negotiations, the ministry said in a statement. It said state oil company Ghana National Petroleum Corporation will acquire one of the blocks to explore in partnership with a strategic partner to develop its technical capacity and become an operator.
- Reuters•3 days ago
Phoenix from the ashes: Investors pile into smaller European oil groups
Investors have sent shares in European oil exploration and production (E&P) focussed companies like Premier, Tullow, EnQuest and Faroe, soaring, and some fund managers say they have not peaked yet. Shares in smaller and mid-cap British oil companies are outperforming the London FTSE blue chip index and their larger competitors, riding the wave of rising oil prices much higher than oil majors. "The sector has performed quite well, but not as well as it might have done, we've only just started the rally," said Paul Mumford, senior fund manager at Cavendish Asset Management, who is invested in Faroe, EnQuest, Tullow, Hurricane Energy and Cairn Energy and other smaller E&P groups.
- Fool.co.uk•6 days ago
Can the Tullow Oil share price reach 300p in 2018?
Does Tullow Oil plc (LON: TLW) offer further upside after its recent gains?
- Reuters - UK Focus•12 days ago
BUZZ-European oil and gas: Playing the recovery
** Oil and gas companies among the biggest risers on the Stoxx 600 after U.S. President Donald Trump's Iran deal pull-out pushes oil to its highest since 2014 ** Stoxx Oil and Gas index up 1.7 pct, the ...
- Fool.co.uk•20 days ago
The Premier Oil share price is rising. Is it time to buy?
The oil price is rising, and debt at Premier Oil plc (LON: PMO) is slowly falling. Is 2018 the year shareholders will finally see a turnaround?
- Reuters•25 days ago
Kenya picks Britain's Wood Group for oil pipeline design
NAIROBI (Reuters) - Kenya has picked Wood Group Plc (WG.L) to design an estimated $2 billion (1.43 billion pounds) oil pipeline to pump crude from fields in the north of the East African nation to an Indian ...
- The Telegraph•25 days ago
Tullow Oil to shut North Sea wells by year end
Tullow Oil to shut North Sea wells by year end
- Fool.co.uk•26 days ago
I’d happily sell Tullow Oil to buy this 6% yielder
Royston Wild looks at a great dividend stock with better investment potential than Tullow Oil plc (LON: TLW).
- Reuters•26 days ago
Tullow Oil CFO raises prospect of return to dividends
Tullow Oil's (TLW.L) finance chief raised the prospect that the Africa-focused producer may resume its dividend, which it froze in 2015 due to the oil price crash. "This year we'll be maximising cash flow with a focus on strengthening the balance sheet.. and with our continued performance over the year that allows us to consider return to the shareholders," Chief Financial Officer Les Wood told Reuters. Tullow swung back into profit in 2017 after three years in the red.
- Reuters - UK Focus•26 days ago
Tullow Oil CFO raises prospect of return to dividends
Tullow Oil (LSE: TLW.L - news) 's finance chief raised the prospect that the Africa-focused producer may resume its dividend, which it froze in 2015 due to the oil price crash. "This year we'll be maximizing cash flow with a focus on strengthening the balance sheet.. and with our continued performance over the year that allows us to consider return to the shareholders," Chief Financial Officer Les Wood told Reuters. Tullow swung back into profit in 2017 after three years in the red.
- Reuters - UK Focus•26 days ago
Tullow Oil CFO raises prospect of return to dividends
Tullow Oil (LSE: TLW.L - news) 's finance chief raised the prospect that the Africa-focused producer may resume its dividend, which it froze in 2015 due to the oil price crash. "This year we'll be maximizing cash flow with a focus on strengthening the balance sheet.. and with our continued performance over the year that allows us to consider return to the shareholders," Chief Financial Officer Les Wood told Reuters. Tullow swung back into profit in 2017 after three years in the red.
- Reuters - UK Focus•26 days ago
Tullow Oil CFO raises prospect of return to dividends
Tullow Oil's finance chief raised the prospect that the Africa-focused producer may resume its dividend, which it froze in 2015 due to the oil price crash. "This year we'll be maximizing cash flow ...
- Fool.co.uk•last month
Why I believe now could be the time to buy the Tullow Oil share price
2018 could be the year the Tullow Oil plc (LON:TLW) share price makes a comeback.
Reuters•last monthTullow founder Heavey to be replaced as chair by Dorothy Thompson
Tullow Oil's (TLW.L) founder and chairman, Aidan Heavey, is set to leave the company he led for three decades and be replaced as chair by Dorothy Thompson, former chief of Drax Group, which prides itself in offering lower-carbon energy supply. Heavey, 64, was replaced by Paul McDade as Tullow chief executive a year ago, becoming chairman of the oil and gas exploring group for a maximum of two years. Tullow specialises in oil and gas exploration in Africa and South America.
- Reuters - UK Focus•last month
Tullow founder Heavey to be replaced as chair by Dorothy Thompson
Tullow Oil (LSE: TLW.L - news) 's founder and chairman, Aidan Heavey, is set to leave the company he led for three decades and be replaced as chair by Dorothy Thompson, former chief of Drax Group (Frankfurt: D9F2.F - news) , which prides itself in offering lower-carbon energy supply. Heavey, 64, was replaced by Paul McDade as Tullow chief executive a year ago, becoming chairman of the oil and gas exploring group for a maximum of two years. Tullow specialises in oil and gas exploration in Africa and South America.
- Reuters - UK Focus•last month
Kenya's National Oil and Schlumberger sign field development deal
Kenya's National Oil Corporation and U.S. oil services company Schlumberger (Euronext: SLB.NX - news) have agreed to finalise a field development plan on behalf of the government for oil blocks in the northwest of the country. National Oil said in a statement seen by Reuters on Friday that the agreement with Schlumberger (IOB: 0CT7.IL - news) would create a development blueprint for the field in the next year. "This FDP (field development plan) will provide the government with an independent view of the development of the Lokichar oil discoveries, which will be useful in supporting the government in evaluating work already being done by investors Tullow, Africa Oil (LSE: 0QVL.L - news) and Maersk," National Oil said.
- Reuters - UK Focus•last month
Ghana's economy grew by 8.5 pct in 2017 - provisional estimate
The West African nation recorded economic growth of 3.7 percent in 2016. Growth in the fourth quarter of 2017 reached 8.1 percent, the statistics office said, compared to 9.7 percent in the third quarter. Ghana, which exports cocoa and gold, began oil production in late 2010 from its flagship offshore Jubilee field with a daily output of 100,000 barrels.
- Reuters•2 months ago
Tullow Oil deals signed by disgraced Peru ex-president under fire
Hours before the former Wall Street banker resigned Peru's presidency in scandal last month, Kuczynski signed five oil contracts granting London-based Tullow Oil (TLW.L) exploration and drilling rights off Peru's northern coast. Critics are unconvinced by Peru's oil promoting agency, Perupetro, which said the contracts followed months of negotiations and should be celebrated for the $200 million investment they will bring to a country where bidding rounds are often cancelled due to lack of interest.
- Reuters - UK Focus•2 months ago
Gabon to revise hydrocarbons law to attract investment -oil ministry
Gabon plans to revise its hydrocarbons law to attract new investment, the oil ministry said on Thursday. Under the current legal framework, the Gabonese state holds a minimum 20 percent stake in oil projects. The state oil company has the right to a stake of up to 15 percent.
- Reuters - UK Focus•3 months ago
Partners in Kenya's first oil project eye pipeline deal by mid-2018
Companies developing Kenya's first oilfields expect to conclude agreement on construction of an export pipeline by the middle of this year, according to Toronto-listed Africa Oil (LSE: 0QVL.L - news) , one of the partners. Oil could account for about a tenth of Kenya's government revenue, on par with its biggest current export, tea, once production reaches its peak, officials say. London-listed Tullow Oil (LSE: TLW.L - news) , which struck oil in Kenya six years ago, and its partners proposed in January to transport oil from the land-locked Amosing and Ngamia fields via pipeline to the Indian Ocean port of Lamu 750km away.
- Reuters - UK Focus•3 months ago
Row over Kenyan oil revenues threatens to delay production
In the decades before oil was discovered in the northern Kenyan region of Turkana South, 100,000 poor villagers living in arid scrubland relied on a lone church-run health centre in Lokichar town for medical help. Since Tullow Oil found crude there six years ago, the London-listed company has funded a 40-bed referral hospital, school classrooms and dormitories, provided village water points graded roads, and paid for scholarships to generate goodwill. Seeing the potential benefits of oil, residents of the poorest of Kenya's 47 counties now want the central government to make up for decades of neglect by ploughing nearly a third of expected oil revenues back into Turkana.
- Reuters•3 months ago
Tullow Oil names new head of Ghana operations
British oil firm Tullow Oil (TLW.L) has picked electrical engineer and businessman Kweku Awotwi as the new head of its Ghana operations after the retirement of its current managing director, the company said in a statement. Tullow is lead operator of two oil fields in Ghana including the West African nation's flagship offshore Jubilee reserves which began commercial production in late 2010. Awotwi, 57, is the founder of South African-based gold explorer African Precious Minerals Ltd and principal of Triton Group Ltd.
- Reuters - UK Focus•3 months ago
UK's Tullow Oil names new head of Ghana operations
British oil firm Tullow Oil has picked electrical engineer and businessman Kweku Awotwi as the new head of its Ghana operations after the retirement of its current managing director, the company said in ...
- Bloomberg•3 months ago
Kenya Halves Share of Oil Income for Communities in New Law
Kenya halved the amount of revenue it will distribute to local communities once commercial oil production starts, setting up a potential dispute with residents of its economically deprived northern Turkana ...
- Reuters - UK Focus•3 months ago
Tullow swings into profit as focus shifts to Kenya
Africa-focused oil and gas producer Tullow Oil swung back into profit in 2017 after three years in the red, and outlined plans to begin production in Kenya by as early as 2021. The London-listed company is targeting East Africa - Uganda but particularly Kenya - as its next major frontier after developing two large fields in Ghana earlier this decade. The recovery in oil prices to over $60 a barrel by the end of 2017, as well as higher production from its flagship West African fields, allowed Tullow to boost revenue and sharply reduce debt.
