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 Shares Traded Last Trade
  1.32 12.69% 11.68 41,363,114 16:35:18
Bid Price Offer Price High Price Low Price Open Price
11.855 11.95 12.41 10.205 10.95
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 1,268.74 -1,246.72 -91.09 165
Last Trade Time Trade Type Trade Size Trade Price Currency
17:35:16 O 141,552 11.68 GBX

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Date Time Title Posts
02/4/202020:38Tullow Oil PLC - Poised for a Takeover?45,021
02/4/202016:13TULLOW OIL201
02/4/202015:49The All New Tullow Thread159
14/12/201919:26L2 - Observations, comments and screenshots50
10/12/201913:23TipTv discusses Tullow Oil PLC (TLW.L)1

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Tullow Oil Daily Update: Tullow Oil Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker TLW. The last closing price for Tullow Oil was 10.37p.
Tullow Oil Plc has a 4 week average price of 7.17p and a 12 week average price of 7.17p.
The 1 year high share price is 254.60p while the 1 year low share price is currently 7.17p.
There are currently 1,408,609,725 shares in issue and the average daily traded volume is 21,436,902 shares. The market capitalisation of Tullow Oil Plc is £164,525,615.88.
maywillow: What next for the Tullow Oil share price? Andy Ross | Sunday, 23rd February, 2020 | More on: TLW Road signs rerouting traffic Image source: Getty Images. The Tullow Oil (LSE: TLW) share price has fallen by over 75% in the last 12 months. The oil producer gave investors a massive pre-Christmas dose of bad news when it revealed falling production targets. Unsurprisingly, it was the worst-performing share on the FTSE 250 by some distance. Falling oil production Back in November last year, the company announced that oil discovered months earlier off the coast of Guyana in South America was found to be heavy and high in sulphur. This was far from ideal. It means it’s costly, and possibly commercially unviable, to extract. Sign up for FREE issues of The Motley Fool Collective. Do you want straightforward views on what’s happening with the stock market, direct to your inbox? Help yourself with our FREE email newsletter designed to help you protect and grow your portfolio. Click here to get started now — it’s FREE! Not long after, Tullow slashed its oil production forecasts for the coming years due to issues at its key Ghana projects. Showing the extent of its problems, it also suspended its dividend and announced that its chief executive Paul McDade and its exploration director Angus McCoss had quit. Not done with the bad news, the group warned last month that it expects to report a $1.5 billion impairment charge for 2019 as it cut its long-term oil price assumptions and reduced its reserves estimates. The remedies The oil group is seeking to shave $20 million (€18.2 million) off its annual costs. This is set to involve the explorer cutting a third of its global workforce and closing its office in Dublin. A bounce in the oil price – which could happen given instability on the Middle East – would also be a welcome boost for the group. But clearly that’s a factor beyond its control. And worse, the spread of the Coronavirus has knocked the oil price down. A takeover may well be the best hope for current shareholders and there have been rumours that much larger French company, Total, is interested. Although even if a takeover did happen it’s far from clear that a premium would be paid for Tullow’s shares give the challenges it faces. The likely result Although it has been reported African oil executive Samuel Dossou-Aworet has used market nervousness around the company to build up an 11% stake in the past two months, I think as an ordinary investor, investing in the shares is a very risky thing to do. The company faces severe problems, relies on a high oil price, which is beyond its control, and is facing massive operational challenges. As it stands, Tullow Oil has around £2.16 billion of debt on its balance sheet – this seems to be a bit of a noose around the company’s neck. It makes it more vulnerable to lenders and reliant on the oil price going up – something that is far from certain. A new management team may be able to turn the ship but there’s no proof of an improvement yet, so I’d avoid the company. Barclays analysts however have taken a more optimistic view, suggesting the shares might be good for a brave, risk-tolerant investor. They’ve given the shares a price target of 75p. The shares are currently less than 50p. A top stock with enormous growth potential Savvy investors like you won’t want to miss out on this timely opportunity… Here’s your chance to discover exactly what has got our Motley Fool UK analyst all fired up about this ‘pure-playR17; online business. Not only does this company enjoy a dominant market-leading position… But its capital-light, highly scalable business model has been helping it deliver consistently high sales, astounding near-70% margins, and rising shareholder returns … in fact, in 2019 alone it returned a whopping £151.1m to shareholders in dividends and buybacks! And here’s the really exciting part… We think now could be the perfect time for you to start building your own stake in this exceptional business—especially given the two potentially lucrative expansion opportunities on the horizon that our analyst has highlighted. Click here to claim your copy of this special report now — and we’ll tell you the name of this Top Growth Stock… free of charge! Andy Ross owns no share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.
novicetrade68: Could change Dorothy's mind tomorrow, an additional 1bn in a CPR could maybe see TLW drill again this year in Guyana, the oil is certainly there. Think that is preferable for this company now, dump Kenya, mainly for debt reduction, dump Uganda for further debt reduction (should be over a $1bn I'dimagine) and then focus on Guyana later this year and Peru this quarter, the old Peru Gold Oil blocks set to be drilled can be very interesting, 350mm I believe, not a bad number. And then do a professional job on Jubilee and TEN, get them over 100k net, then the TLW share price should be really getting somewhere. And Dorothy should also talk to the banks regarding their extortionate interest rates, in the age of QE and CB liquidity, there is a huge supply and demand for corporate refinancing, and Tullow is an ideal candidate for debt refinancing and could cut their costs materially.
master rsi: Somw recovery in the Oil price after almost being a $1 down is on half of that. I can not say the same for the TLW share price is staying at bottom 55p double bottom in the Intraday chart
stockport loser: You need to wake up to what will drive Tlw share price, Ghana gas agreements or Uganda farm out are far more important than one non operated wildcat drill.
xxnjr: Apache share price had collapsed to an over 10 yr low in recent times. It collapsed a further 20%, or more, when their exploration head was fired and they updated on the Suriname well. Given the increase in oil price recently, it's hardly surprising Apache's share price has bounced off a 10 to 15 yr low. If their well, or Carapa-1 comes in great, but wouldn't read too much into minor recovery moves in APA's share price, or 0.5p to 2p moves in TLW's share price come to that.
whites123: Stupmy19 Dec '19 - 13:29 - 38224 of 38225 0 0 0 momentum, if the result of carapa was known and leaking, the share price would be up today, not down/flat. For crying out loud... The result will be made available by the Operator (Repsol). To suggest Repsol is leaky is akin to suggesting someone like BAE is leaky regards contracts. Wait until the RNS and then guess what... Sweet Oil and the share price will rise, duster and the share price will drop. Master RSI19 Dec '19 - 13:53 - 38225 of 38225 0 0 0 Share price movement UP and DOWN, UP and DOWN, UP and DOWN. WOW: Self Proclaimed Master MRI didnt tell us this did he.. No doubt a graph showing some lines with comments such as Down followed by up followed by down today lads.. The lines tell the story.. If there is nothing worthwhile to say why do you main culprits insist on having to say something? Why not spend your time creatively instead of thinking "Hmmmm, what can I post... Oh, I know, lets state what is happening to share price .. A slight drop from the highs today lads"
alistair4444: The Financial Times Tuesday 17th December 2019 - 2 Hours Ago Tullow Oil investor raises stake on hopes of recovery Samuel Dossou-Aworet aims to advise energy explorer after becoming the largest shareholder By David Sheppard in London and Nathalie Thomas in Edinburgh. Tullow Oil’s new largest shareholder said he wanted the energy explorer to become a Pan-African champion and believed it could recover from its near 75 per cent share price collapse last week. Samuel Dossou-Aworet, a Benin-born energy executive in his 70s, increased his stake in Tullow to 7 per cent, buying additional shares in the beleaguered oil and gas company days after its share price crash was triggered by a cut to its production outlook and the removal of its chief executive and head of exploration. Mr Dossou-Aworet told the Financial Times his aim was to advise the company rather than dictate how it should shape its future as the board searches for new leadership. He said he had no immediate plans to further increase his stake in Tullow. Tullow bought Mr Dossou-Aworet’s previous company 15 years ago and he was already a top 15 shareholder through Petrolin Trading, in which he held a controlling interest. He was also among a group of investors in Tullow whose shareholding was listed as “African Investors”. “This is my baby,” Mr Dossou-Aworet said from his office in Geneva on Tuesday. “Even if it is not a first class company today I believe it can be. It is about people. A company is about people and assets. And I am confident in the assets.” The large share price drop has dramatically reordered Tullow’s largest shareholders in the past week. Mr Dossou-Aworet has leapfrogged hedge fund RWC Partners, who briefly held the top spot after Standard Life Aberdeen and M&G Investment Management sold down part of their holdings, according to data from S&P Global Market Intelligence. Tullow said Mr Dossou-Aworet had been an investor in the company for many years, dating back to its $500m acquisition in 2004 of Energy Africa, which had assets in countries including Uganda. Mr Dossou-Aworet said it was a long-term investment and that he could have made far more by selling his original shares in Tullow when they traded at almost £14 a share in 2012, valuing the company at more than £14bn. On Tuesday the shares closed up at 63.42p, giving it a market capitalisation of £895m. “This company for me is a big symbol. We should do what we have to do to make things work properly,” the investor said.
whites123: I really dont get you? You post here almost incessantly yet have no skin in the game. I have a small holding of 85,156 shares yet do not feel the need to even monitor TLW share price weekly yet alone by the minute.. TLW is a very successful international Oil Producer... £1.40 is IMO extremely cheap, but I am biased. Play the game, in out in out in out and shake it all about and proclaim how great you are, or like me and many many others, buy a few shares, sit back and wait for the rewards. You are boring, you are tedious, you are however so great and brilliant I wish I was as successful as you. AFRICA'S LEADING INDEPENDENT OIL COMPANY Tullow Oil is a leading independent oil and gas exploration and production company. The Group has interests in 80 exploration and production licences across 15 countries which are managed as three Business Teams: West Africa, East Africa and New Ventures.
ifthecapfits: About ECO, but relevant to us too. Explorers don't get any more exciting than Eco Atlantic - which is why I have been buying By Gary Newman | Sunday 30 June 2019 30 Shares Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article. Private investors seem to love the boom or bust scenario that applies to many of the exploration drills for oil and gas, but is it really worth taking the risk on these types of plays? In the majority of cases I would say not and I tend to avoid them these days – gone are the times where every drill used to see big share price rises for the companies involved, as a matter of course – as in the event of failure the share price tends to crash badly. Generally the odds are not in your favour as many of these drills have a low chance-of-success, are in regions with little or no existing infrastructure to bring any discovery to market for years, and when smaller companies are involved, often they will only have the funds for one drill, so it is really all or nothing for them. The upside is often the chance of making a large discovery which could be worth many multiples of the current share price. One company which I seem to be seeing mentioned a lot recently is Eco Atlantic (ECO) which is about to embark on its first drill in offshore Guyana, where it has a 15% working interest and is partnered by operator Tullow Oil (TLW) with 60%, and Total with the remaining 25%. It’s Orinduik block has best estimate prospective resources of nearly 600mmboe net to Eco and it is about to embark on two consectuive drills at its Jethro Lobe and Joe prospects, with the former exploring a cretaceous target, as well as the upper and lower tertiary turbidites. But what makes these drills any different to any of the others, as others companies have also been in a position where they are targeting resources of this sort of size. Geographical location is never any guarantee of success just because you happen to be located near to large existing finds, but in this case I would argue that it plays a bigger factor than normal as it is right on the edge of the area where ExxonMobil has already had great success and has discovered over 5.5 billion barrels of oil so far across the Stabroek area, with its Hammerhead block extending into Orinduik, and Eco’s block also being up-dip of these discoveries. Hammerhead found 197ft of oil bearing sandstones. Exxon has already sanctioned the development of the Liza prospect, which is expected to produce up to 220,000bopd, and is embarking on a 30 well programme. It’s rig is currently testing the Longtail-1 discovery, with results due soon – if they are good and land during the Jethro drill it certainly won’t do any harm - and will then move on to drill Hammerhead-3. Exxon has so far achieved a successful strike ratio in excess of 90%, and although that doesn’t guarantee that Eco will also be successful, it certainly bodes well and is why the Eco wells have a COS in excess of 40% for each well, which is about as good as it gets for an exploration drill. Eco isn’t totally reliant on one drill either, as it is funded for these initial two wells plus up to a further six additional wells, so that certainly reduces the risk of a complete share price crash should the first drill prove to be a failure. With everything else going on in the area, I would expect that in the event of success we would see a rapid move towards a situation where any finds are put into production, and the economics for the area are good – the neighbouring Liza field is expected to produce at $35/barrel for phase 1, dropping to $25 per barrel for phase 2, which makes it ones of the lowest cost major offshore developments in the world. Given the size of its partners, funding shouldn’t be a problem for any development, and I would expect a deal to be done to help Eco to finance its share, should that stage be reached. There is of course still plenty of risk involved and if the first drill fails I would expect to see the share price below the current level of around 70p, but also think it would quickly find some report with the second drill straight afterwards. You could also argue that the company isn’t particularly cheap at £127 million market cap, given it is purely an explorer, but the amount of interest generated should it make a big find – and with likely a steady stream of further news to come – will make that look cheap, I believe (similar questions were always raised about the valuation of another favourite of mine, Hurricane Energy, but now that is producing and valued at nearly £1.05 billion). So, if ever you are going to take a bit of a gamble on shares in an exploration drill, then I believe that this is the one to buy in for – I have done myself and it will be the first exploration drill for a small company that I’ve held shares in for a long time, as usually I don’t see the risk as being worthwhile. It also seems like a good level to buy at as the share price has dropped back a fair bit recently and is well below the level that funds were last raised at a few months back. It would seem that the Canadians would agree, as the shares are dual listed on the TSX and are currently trading there at the equivalent of 86p, and it is unusual to see such a big discrepancy between that and the London price. If this drill attracts the level of interest that I am expecting, then there may well be the chance to derisk some of your holding before results come, but this is one where I will be leaving at the very least part of my investment to run and see how things pan out several drills down the line. For an exploration drill, I would rate this as about as strong a buy as you really get for that scenario, and if it is successful I can see a lot of upside from the current share price, just based on the first drill alone.
teamwork1: True tlw share price should be 3
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