30-Mar-2021 01:21 PM
Oil and gas exploration and production group Tullow Oil has named Ireland as its EU Home Member State.
The move comes as a result of the United Kingdom's exit from the European Union and the subsequent end of the Brexit transition period on 31 Decem
18-Mar-2021 07:32 AM
Tullow Oil has announced that the Goliathberg-Voltzberg North exploration well, drilled in Block 47, offshore Suriname, has reached Total Depth and encountered good quality reservoir but only minor oil shows.
The Stena Forth drillship drilled the Goliath
10-Mar-2021 08:00 AM
Oil company Tullow Oil posted another deep annual loss as output slipped, oil prices fell and it wrote down the value of its assets.
The company forecast a further fall in production in 2021.
Pre-tax losses for the year through December 2020 amounted to
27-Jan-2021 07:29 AM
Oil producer Tullow Oil said it would report lower operating earnings for 2020, while forecasting another drop in output for 2021.
The company also said it had started discussions with its creditors with regards to its debt refinancing options.
Gross pr
10-Nov-2020 01:05 PM
Tullow Oil has completed the sale of its Ugandan assets to Total.
Made in two considerations, this sale will see Tullow receive $575 million in total.
Although Tullow will retain a financial link to the development project through potential contingent
09-Sep-2020 07:26 AM
Oil company Tullow Oil swung to a deep first-half loss after output and crude prices both fell and it wrote down the value of its assets.
Pre-tax losses for the six months through June amounted to $1.44bn, compared to a profit of $268.4m on-year.
Revenu
30-Jul-2020 11:50 AM
Berenberg today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to hold (from buy) and cut its price target to 40p (from 55p).
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29-Jul-2020 09:24 AM
Oil producer Tullow Oil warned that it expected to post a first-half impairment charge of up to $1.7bn to reflect a reduction in its oil-price forecasts.
The company also narrowed its full-year output guidance to between 71k and 78k barrels of oil per da
13-Jul-2020 11:30 AM
Jefferies International today reaffirms its underperform investment rating on Tullow Oil PLC (LON:TLW) and raised its price target to 13p (from 12p).
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12-Jun-2020 12:40 PM
RBC Capital Markets today reaffirms its underperform investment rating on Tullow Oil PLC (LON:TLW) and raised its price target to 25p (from 20p).
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03-Jun-2020 09:50 AM
Morgan Stanley today reaffirms its equal weight investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 24p (from 61p).
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29-Apr-2020 01:40 PM
Berenberg today reaffirms its buy investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 55p (from 80p).
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21-Apr-2020 12:33 PM
UK stocks traded sharply lower on Tuesday after oil producers faced a record slump in crude oil prices as the coronavirus pandemic sapped demand in an already-oversupplied market.
At midday the benchmark FTSE 100 index fell 1.8% to 5,705 points, with oil
06-Apr-2020 10:30 AM
JP Morgan Cazenove today reaffirms its neutral investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 26p (from 63p).
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16-Mar-2020 01:10 PM
RBC Capital Markets today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to underperform (from sector performer) and cut its price target to 20p (from 100p).
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12-Mar-2020 08:20 AM
Revenue at Tullow Oil was down in 2019 at $1.6bn, compared with $1.8bn the year before.
The group also reported a loss after tax of $1.6bn in its full year results ended December 31, 2019.
The loss after tax was driven by exploration write-offs and im
11-Mar-2020 09:40 AM
Peel Hunt today reaffirms its hold investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 20p (from 45p).
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06-Mar-2020 09:40 AM
Peel Hunt today reaffirms its hold investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 45p (from 75p).
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16-Jan-2020 10:30 AM
Barclays Capital today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to equal weight (from equal weight).
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10-Jan-2020 11:50 AM
JP Morgan Cazenove today reaffirms its neutral investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 63p (from 249p).
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09-Jan-2020 02:00 PM
Barclays Capital today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to equal weight (from overweight) and cut its price target to 75p (from 80p).
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19-Dec-2019 12:00 PM
Jefferies International today reaffirms its hold investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 65p (from 168p).
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19-Dec-2019 08:50 AM
UBS today reaffirms its neutral investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 60p (from 220p).
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17-Dec-2019 10:10 AM
Peel Hunt today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to hold (from add) and cut its price target to 75p (from 200p).
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16-Dec-2019 12:40 PM
HSBC today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to reduce (from hold) and cut its price target to 50p (from 160p).
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