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Added to YB: 2024-12-16

Pitch date: 2024-12-13

TLW.L [neutral]

Tullow Oil plc

-74.46%

current return

Author Info

Company Info

Tullow Oil plc, an energy company, develops, produces, and sells oil and gas resources in Ghana, Gabon, Côte d’Ivoire, Kenya, and Argentina.

Market Cap

GBP 405.3M

Pitch Price

GBP 0.24

Price Target

N/A

Dividend

N/A

EV/EBITDA

2.12

P/E

7.71

EV/Sales

1.67

Sector

Oil, Gas and Consumable Fuels

Category

N/A

Show full summary:
Tullow Oil: Fire Sale

TLW.L (bearish): Tullow Oil faces production declines, CEO departure, Kosmos takeover talks, and ICC arbitration on BPRT. Negative equity value possible at <$80 Brent. Petroleum agreements may not fully protect from additional taxes. Adverse ICC outcome likely, adding pressure to refinancing.

Read full article (4 min)