Share Name Share Symbol Market Type Share ISIN Share Description
Tullow Oil LSE:TLW London Ordinary Share GB0001500809 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.50p -0.23% 216.00p 3,868,883 16:35:25
Bid Price Offer Price High Price Low Price Open Price
215.10p 215.30p 216.90p 212.50p 214.50p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 1,275.31 -221.45 -10.88 3,006.3

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Date Time Title Posts
16/8/201817:15Tullow Oil PLC - Poised for a Takeover?33,042
25/7/201808:35Tullow Oil (TLW) One to Watch on Wednesday -
11/4/201811:41L2 - Observations, comments and screenshots49
10/3/201713:24Tullow Possible Bid Approach Rumours 10.3.17. Discuss 1

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Tullow Oil (TLW) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2018-08-17 16:09:06216.0020,00043,200.00O
2018-08-17 15:53:45214.42454973.47O
2018-08-17 15:53:45214.603,5007,511.14O
2018-08-17 15:53:21214.7512,79327,473.31O
2018-08-17 15:37:54214.952,7005,803.74O
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Tullow Oil (TLW) Top Chat Posts

Tullow Oil Daily Update: Tullow Oil is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker TLW. The last closing price for Tullow Oil was 216.50p.
Tullow Oil has a 4 week average price of 211.90p and a 12 week average price of 211.20p.
The 1 year high share price is 279.30p while the 1 year low share price is currently 148.30p.
There are currently 1,391,795,492 shares in issue and the average daily traded volume is 4,409,393 shares. The market capitalisation of Tullow Oil is £3,006,278,262.72.
master rsi: Noticed that the share price was holding above support for the last few days so I bought just before the close yesterday.
fraserdean: As long as Brent is in the $65 plus range then Tullow is very happy, the share price is always a drama queen, it's all about getting Ghana production up, FID on Uganda would be nice, Kenya less certain but not much value in the share price. Need to restock exploration acreage, Namibia well is high risk and not good enough returns, ivory coast is years away
mariopeter: Think the convertibles are deep under water ie the conversion price is far higher than the share price is today and further they are cheaper debt than the rest of the debt.
rationaleee: There seems to be an inherent arbitrage activity going on with TLW. The Convertible bond that TLW issued in 2016 seems to be the reason. The share price effects seem similar to what PMO had with their convertibles holding their share price down. Obviously TLWs Convertible Bond is much smaller compared to its market cap, but if the HFs are doing the arbitrage activity like in PMOs case then it is in their interest to keep the share price on or below the conversion price. This is of course just speculation but i think the Convertible Bonds are having some sort of an impact on TLWs poor return because its hard to explain why TLW has gone up from 145p to only 270p when oil went in the same period from $47 to $80/bbl. As a leveraged player with improving financials the share price should be much higher even after taking into account the Rights Issue. I think we should pay the convertible bond off or force conversion so the share price could move higher in a confident way.
teamwork1: True tlw share price should be 3
leoneobull: While 2017 may have seemed like another disappointing year for Tullow Oil (LSE: TLW), the reality is that it was a positive 12 months for the business. Certainly, its share price may have fallen by 31% in the last year at the same time as many resources companies made gains. However, the company was able to raise funds and also increase production. In fact, according to its most recent update, debt levels are falling and its financial outlook remains positive. As such, now could be the perfect time to buy it ahead of a potential turnaround. Improving performance As mentioned, Tullow Oil is in the process of increasing production levels. This may not sound like a particularly major step for it to take, but for a business that was focused on exploration, a move to higher production represented a key pivot which could improve its share price performance. One area where the stock has been seen as risky is with regards to its balance sheet. It has historically run high levels of debt. While in more prosperous times for the oil and gas industry that was not a problem, in an era of low oil prices it has caused concern for investors who are worried that the company’s future is highly uncertain. Now though, production is rising rapidly and debt levels have recently started to fall. This process of reducing debt from higher production ties in with the prospect of a return to profitability. A small pre-tax profit of £22m is expected to be reported in 2017 before a forecast rise to over £150m in 2018. Despite such a rapid potential growth rate in profitability, Tullow Oil trades on a price-to-earnings growth (PEG) ratio of just 0.1. This suggests that a turnaround is on the cards, and could mean its share price surges higher this year.
gary38: Hurricane Energy and EnQuest among the few 'buys' left in oil sector - MacquarieShare 11:33 03 Feb 2017"Hurricane offers 82%+ upside to our target price from the current share price, and has the clearest near-term tangible value creation opportunities, in our view.oil platformValuations in the oil sector have caught upIt is harder work picking winners in the oil and gas sector now that crude prices have steadied and share prices have climbed, so says Macquarie.Kate Sloan, analyst at Macquarie, most share prices are close to fair value and as a result many in the sector have been downgraded.Cairn Energy PLC (LON:CNE), Faroe Petroleum plc (LON:FPM), Ithaca Energy Plc (LON:IAE), Premier Oil PLC (LON:PMO) and Tullow Oil plc (LON:TLW) are all relegated to a 'neutral' rating.Three of Macquarie's 'top picks' retain their 'buy' recommendations; Hurricane Energy Plc (LON:HUR), EnQuest Plc (LON:ENQ) and Africa Oil Corp (TSE:AOI).Of the three, Hurricane Energy is deemed to have the clearest value opportunities."Hurricane offers 82%+ upside to our target price from the current share price, and has the clearest near-term tangible value creation opportunities, in our view."Further exploratory drilling (ongoing) and progress on the Lancaster development could add significant value, building on the success the company enjoyed in 2016."Macquarie has a 90p price target for Hurricane (current price: 51.25p).EnQuest, meanwhile, is Macquarie's pick for further oil price leverage combined with low risk project progression."Although the rest of the sector now reflects a much higher discounted oil price than it did four months ago, EnQuest is still discounting US$63/bbl, the same number it was back in August 2016," Sloan said."We believe the valuation gap will be narrowed in the coming months once the market starts to believe in Kraken delivery."Macquarie has a 79p target price for EnQuest (current price: 46.34p).Sloan added that Africa Oil's has very attractive upside through de-risking the discoveries in Kenya's South Lokichar basin, where it partners Tullow.
mariopeter: Sitting here thinking if they proved up Kenya and sold 90% Kenya for $2.3 b cash and 700m development carry would we be happy ? TLW share price would probably hit £10+. Total have the lolly ($23b). Used $6 per recoverable barrel like the Ugandan deal and assumed 500m recov barrels.....its a nice debt to equity of 30% going forward. Who knows.
jacko07: A bit of a bounce as the shorts cover, but it all looks so dodgy to be long in this one. Oil price down over 10% since the OPEC meeting a week ago. TLW share price has dropped over 15% and is heading toward 150p. I agree with NY Boy TLW will be in serious trouble if oil prices continue to weaken. It will become impossible for TLW to redeem their debt and that will be when they have to start selling assets. That could lead to their crashing in a short time with the big boys buying the good parts. That has to be an even money shot if these markets continue down.
bobsidian: There seems to be expectation that the price of WTI crude oil will drop in the near future below $40 which could drag the price of Brent crude oil down into the mid $45 range. Were this to happen then TLW could see its share price tumble to as low as £1.50 - around its next natural support level. A potentially hefty share price tumble. But then as always when viability concerns become paramount so outsized share price moves to the downside seem to occur. If the above comes to pass and speculation about viability proves unfounded then a sharp reverse back up in the price of oil could give rise to outsized moves to the upside in the share price of TLW. It is noted that since TLW already exited the FTSE100 back at the March review then there will be no additional downside pressure on the share price from forced selling linked to an index exit. All sector bear markets have a conclusion. The problem is that their ultimate conclusion can see share price plunges by sector participants so extreme as to be offputting to any buyer. Interestingly the intraday share price plunge on Wednesday 29 July did have shades of that kind of conclusion. I suppose you look for benchmark share price performances of sector participants to provide an indication of an ultimate low. Perhaps one such benchmark could be the share price of BP. revisiting its £3 low last seen in 2010. Or another could be sight of the share price of RDSB revisiting its 2008 lows around the £12 level. The tracking of either one of those moves could see the share price of TLW at the £1.50 level.
Tullow Oil share price data is direct from the London Stock Exchange
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