We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Tullow Oil Plc | LSE:TLW | London | Ordinary Share | GB0001500809 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.38 | -1.05% | 35.82 | 35.80 | 35.94 | 37.00 | 35.80 | 36.00 | 6,482,435 | 16:35:01 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 1.63B | -109.6M | -0.0754 | -4.75 | 520.58M |
From May 2019 to May 2024
By Tapan Panchal
LONDON--Tullow Oil PLC (TLW.LN) said Wednesday that a sharp fall in impairment charges has resulted in a narrowed pretax loss for 2016, and the company will continue to focus on capital allocation, financial flexibility and cost reduction efforts in the new year.
The oil explorer said its pretax loss for the year ended Dec. 31, 2016, narrowed to $908.3 million from $1.29 billion a year earlier, despite a 21% decline in revenue to $1.27 billion. Impairment charges fell 59% to $167.6 million.
The company's core west African operations recorded average oil production of 65,500 barrels of oil per day, or bopd, in 2016 and production in the new year is anticipated to average between 78,000 bopd and 85,000 bopd. Production from European operations is expected to average between 6,000 and 7,000 barrels of oil equivalent per day in 2017.
Tullow Oil hasn't declared a dividend for the year.
Write to Tapan Panchal at tapan.panchal@wsj.com
(END) Dow Jones Newswires
February 08, 2017 03:02 ET (08:02 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
1 Year Tullow Oil Chart |
1 Month Tullow Oil Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
