Tullow Oil Share Discussion Threads

[subsurface] 11/3/2020 15:03

expecting better production forcast from ghana,only problem is the POO

[honestmarty] 11/3/2020 14:53

Out now.

Tomorrow better be good

Sub 10p if not.

[subsurface] 11/3/2020 14:50

Good find Teamwork1
Also some costs to be recovered in Uganda

[teamwork1] 11/3/2020 14:14

https://www-businessdailyafrica-com.cdn.ampproject.org/v/s/www.businessdailyafrica.com/economy/Tullow-shocks-State-with-Sh204bn-Turkana-/3946234-5486560-view-asAMP-149w95v/index.html?amp_js_v=a3&_gsa=1&usqp=mq331AQFKAGwASA%3D#aoh=15839359045803&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.businessdailyafrica.com%2Feconomy%2FTullow-shocks-State-with-Sh204bn-Turkana-%2F3946234-5486560-117dka6%2Findex.html

[grupo] 11/3/2020 14:09

Jamie Ashcroft PROATIVE INVESTORS

13:20 Wed 11 Mar 2020


Tullow Oil results in focus on Thursday

Transport operator Go-Ahead Group, IT firm Computacenter, and estate agency group Savills will also report results
G4S - G4S and Tullow Oil in focus on Thursday

Thursday’s final results for Tullow Oil PLC (LON:TLW) are likely to receive a fairly gloomy reception after the firm was booted out of the FTSE 250 index in the latest reshuffle.

The oiler’s demotion follows a hammering of its share price over the last six months as lower than expected production at its Ghanaian oil fields at the end of last year and a duster from the first well of its drilling campaign in Peru have combined to weigh heavily on the stock.

The low output from Ghana is particularly concerning for Tullow as it relies on production from those assets to pay down its large debt pile and fund further projects.

The figures are already predicted to show that Tullow’s share of production last year averaged 86,700 barrels per day, lower than its guidance in November, so instead the focus will shift towards whether it still expects US$150mln of free cash flow for the coming year.

The company could also face additional obstacles from lower oil prices and sluggish demand, both of which could be exacerbated by an economic slowdown caused by coronavirus.

Investors will also be keeping an eye out for commentary of heavy oil found in Guyana, which the firm thinks could be valuable.
Significant events expected on Thursday 12 March:

Trading announcement: C&C Group PLC (LON:CCR)

Finals: Marshalls PLC (LON:MSLH), Computacenter plc (LON:CCC), Savills PLC (LON:SVS), Tullow Oil PLC (LON:TLW)

[amaretto1] 11/3/2020 13:53

Something happening here !! Bid coming ???

[grupo] 11/3/2020 10:52

Upcoming events on TULLOW OIL

The 2019 Full Year Results will be released on 12 March 2020

[smartie6] 11/3/2020 10:49

Porsche, if you’d listened to SR you wouldn’t be so far underwater that you’d need a submarine to see you. Lol.
Fools and money etc.

[porschepanamera] 11/3/2020 10:47

Lionheart sentiment rules has posted 28000 times since July 2019 filter him and his cronies, they are just a nuisance

[mrthomas] 11/3/2020 10:45

sold out yesterday made 5% in one day and that enough lets see what the results are like as could tank tp 10 again as CASH IS KING in these mkts

[the canadian mounted] 11/3/2020 10:30

And forgot Sr bumchum smartie

[smartie6] 11/3/2020 10:27

Mounted Canadian has been rear ended too many times over the last few days. He can no longer walk straight. Lol.

[smartie6] 11/3/2020 10:27

Mounted Canadian has been rear ended too many times over the last few days. He can no longer walk straight. Lol.

[the canadian mounted] 11/3/2020 10:25

And forgot Sr bumchum smartie

[the canadian mounted] 11/3/2020 10:24

And forgot Sr bumchum smartie

[smartie6] 11/3/2020 10:13

Lol. Mounted Canadian and lionheart, if they don’t like what they hear they just filter. Heads in the sand and losing money hand over fist.

[sbb1x] 11/3/2020 10:10

Tax cuts are extremely good.Governments around the world need to cut tax asap t keep the money moving.Brent now under 36. Expecting loss to be tested in coming seasons

[heialex1] 11/3/2020 10:05

So this is the question for ENQ, PMO and TLW and their investors. If they can survive (without a debt for equity swap) what I think will be a long and painful period of low oil prices (2 years?) then, as in 2014/2016, this will look like a great long term purchase. If not then the equity is worthless.Personally I think they will survive

[cautios7] 11/3/2020 09:50

TAX CUTS ARE GOOD!

[lionheart69uk1] 11/3/2020 09:49

Guys and gals, please filter SentimentaRules as he is permanently negative and posts without engaging his brain. Check out his efforts on other stock threads.

[lionheart69uk1] 11/3/2020 09:49

Guys and gals, please filter SentimentaRules as he is permanently negative and posts without engaging his brain. Check out his efforts on other stock threads.

[lionheart69uk1] 11/3/2020 09:49

Guys and gals, please filter SentimentaRules as he is permanently negative and posts without engaging his brain. Check out his efforts on other stock threads.

[subsurface] 11/3/2020 09:47

Shale will be hedged so it may take a while?