|Bid||160.30 x 70000|
|Ask||160.50 x 153700|
|Day's range||155.70 - 161.20|
|52-week range||142.38 - 299.86|
|PE ratio (TTM)||-2.44|
|Dividend & yield||0.00 (0.00%)|
|1y target est||N/A|
Is the writing on the wall for highly-indebted, lossmaking Tullow Oil plc (LON: TLW)?
Tullow Oil fell to a bigger-than-expected half-year loss after shouldering a near $650m hit from weak oil prices. The Africa-focused oil explorer and producer made a pre-tax loss of $518.8m in the six ...
Tullow Oil (LSE: TLW.L - news) reported a deeper-than-expected operating loss for the first half as lower oil price expectations forced it to book hefty impairment charges, but the market welcomed news it had raised a cost-saving target by $150 million. London-listed Tullow, whose main operations are in Africa, stayed in the red in the first half 2017 with an operating loss of $395 million, steeper than the $350 million loss expected by analysts. This extends Tullow's loss-making streak after it reported a third straight annual loss for 2016 in February.