|Bid||36.30 x 0|
|Ask||48.00 x 0|
|Day's range||35.49 - 36.78|
|52-week range||34.28 - 63.52|
|Beta (5Y monthly)||2.22|
|PE ratio (TTM)||7.23|
|Earnings date||08 Mar 2023|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||29 Aug 2019|
|1y target est||0.64|
The Tullow Oil share price is way below the levels I last bought and sold at. With debt slowly reducing, is it time to take the plunge? The post After the Tullow Oil share price crunch, should I buy again? appeared first on The Motley Fool UK.
LONDON (Reuters) -West Africa-focused oil producer Tullow Oil on Wednesday raised its 2022 free cash flow guidance to $267 million, slightly ahead of previous guidance and up from $245 million the previous year. It plans to invest $400 million this year, mainly on its flagship fields in Ghana, expecting free cash flow to come in at $100 million at an oil price of $80 a barrel, or twice that at $100 a barrel. Finance Chief Richard Miller said on a call that this year's cash flow would be impacted by higher capital spending, some of which is deferred from 2022, and decommissioning costs, which are two factors that will weigh much less on cash flow from 2024.
Tullow Oil, EnQuest PLC and VAALCO Energy are part of the Zacks Industry Outlook article.