Previous close | 0.1801 |
Open | 0.1891 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's range | 0.1650 - 0.1900 |
52-week range | 0.1300 - 0.2500 |
Volume | |
Avg. volume | 22,695 |
Market cap | 537.372M |
Beta (5Y monthly) | 2.08 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.0400 |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 29 Aug 2019 |
1y target est | N/A |
Insight into Azvalor Blue Chips FI (Trades, Portfolio)'s Latest Investment Moves and Strategy
Tullow's (TUWOY) 2023 revenues increase 25% from the previous year's level. Free cash flows also exceed the prior-year figure. The company shows exceptionally well drilling performance despite setbacks in the Jubilee field.
The London-listed oil and gas explorer said the start-up of Jubilee South East offshore Ghana drove production and boosted 2023 cash flow ahead of its expectations, adding that the year-end net debt was reduced by about $250 million to $1.6 billion. The energy firm said its 2023 working interest production averaged about 63 thousand barrels of oil equivalent per day (kboepd). Jefferies analysts wrote in a note that Tullow's production forecast was in line with their estimates, and the focus would likely turn to Ghana output expectations once a drilling break occurs after this year's five-well Jubilee programme.