Added to YB: 2024-01-19
Pitch date: 2024-01-19
TLW.L [bearish]
Tullow Oil plc
+79.86%
current return
Author Info
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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 0.30
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:
[SHORT] Tullow Oil
$TLW.L: Jubilee misses '23 guidance despite new wells; exit rate implies steep reserves cut. Tax arbitration, TEN FPSO buyout/lease renewal & '26 bond refi loom in '24. Despite debt reduction, production decline & high fixed costs pressure finances. Glencore debt terms unclear.
Read full article (5 min)