|Bid||179.00 x 70000|
|Ask||200.00 x 153700|
|Day's Range||182.00 - 189.29|
|52 Week Range||142.38 - 299.86|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 7, 2018|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||2.75|
ABIDJAN (Reuters) - Ivory Coast has awarded Tullow Oil two new onshore oil blocks, a government spokesman said on Thursday, expanding the company's footprint in the Gulf of Guinea. The two blocks - CI-521 ...
MILAN/LONDON (Reuters) - Persistent weakness in tech stocks outweighed strong financials on Monday, while a climb in the euro dented euro zone markets, leaving the pan-European STOXX 600 index 0.1 percent lower. Also weighing were utilities and telecoms, two sectors which tend to underperform when interest rates rise, making their steady dividend flows less attractive. Relief after last week's deal on new global banking rules also helped banks give a boost to European markets.
Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Tullow Oil Plc. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bullish ... Read more (Read more...)
Kenya plans to raise $1 billion (£0.74 billion) by listing its National Oil Corporation at home and on the London Stock Exchange by early 2019, to buy a share of two oil blocks held by Tullow and its partners, a senior government official said on Wednesday. The East African country discovered oil in 2012 and full production is expected in 2021 after the completion of a $2.1 billion crude oil pipeline linking the oil fields with the proposed port of Lamu on the Indian Ocean Coast. "We need to raise money for our back-in rights," Andrew Kamau, the principal secretary for petroleum at the Ministry of Energy, told Reuters.
MILAN/LONDON (Reuters) - European shares fell on Monday as concerns over China weighed on mining stocks and OPEC anticipation dented the oil sector, while financials were led lower by Julius Baer, which tumbled after its chief executive unexpectedly quit to join a rival company. Jitters over China's demand for metals drove mining stocks down 1.2 percent, the worst-performing sector. Tech stocks, the best-performing this year, also tumbled 0.7 percent after a downbeat note from Morgan Stanley on the sector.
NEW DELHI (Reuters) - ONGC Videsh Ltd (OVL), the overseas investment arm of the country's top explorer Oil and Natural Gas Corp (ONGC.NS), said on Tuesday it had acquired a 15 percent stake in Namibia's ...
Categories: Europe Value Analsysis Yahoo FinanceClick here to see latest analysis Capitalcube gives Tullow Oil Plc a score of 25. Our analysis is based on comparing Tullow Oil Plc with the following peers – Premier Oil plc, Faroe Petroleum plc, Serica Energy PLC, Ophir Energy plc, Cairn Energy Plc, EnQuest PLC, Genel Energy PLC, JKX Oil & Gas plc, Oil ... Read more (Read more...)
Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Tullow Oil Plc. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bearish ... Read more (Read more...)
Tullow Oil (TLW.L) raised its production targets on Wednesday thanks to higher output from its flagship West African fields and as higher crude prices brightened the outlook for the indebted British explorer. The London-listed firm, which has had a heavy focus on Africa, struck a cautious note for the oil exploration business despite a 46 percent rise in the oil price in the three months to above $60 a barrel following a three years of weak prices. "The offshore market is still depressed," Chief Financial Officer Les Wood told Reuters.
"The Araku-1 well was an ambitious wildcat exploration well that was drilled efficiently and at very low cost," Exploration Director Angus McCoss said. "While we have not made a commercial discovery, we are encouraged by recovering gas condensate from the well and remain fully committed to exploration in Suriname and Guyana," he said. Shares in Tullow were down 3.2 percent at 176.6 pence at 0704 GMT, making it the biggest faller on the STOXX Oil and Gas Index (.SXEP).
Announcement: Moody's: European E&P sector credit quality to strengthen into 2018 despite oil price volatility. Global Credit Research- 04 Oct 2017. London, 04 October 2017-- The European exploration and ...
Increased oil production in Ghana is boosting energy sector revenues and helping shore up finances after three years of sluggish economic growth
France's Total has agreed to pay $1 million for an option to buy a 25 percent stake in an oil exploration block offshore Guyana, its first foray into an area close to where ExxonMobil made one of the largest discoveries of the last decade. Eco Atlantic Oil & Gas, a small Canadian exploration company which earlier this year listed on London's junior AIM market, said on Tuesday Total now had the option to acquire the stake in the Orinduik Block for another $12.5 million following the analysis of recently collected 3D seismic data. "In the event that the option is exercised by Total, the deal proceeds will recoup all our expenses on the expanded 3D program and fund us for drilling a minimum of two wells based on current well costs," said Gil Holzman, president and CEO of Eco Atlantic.
Ivory Coast has accepted a ruling by the International Tribunal for the Law of the Sea that favoured Ghana in a dispute over the location of the maritime boundary separating the two West African neighbours, ...
DAKAR/ACCRA, Sept 23 (Reuters) - The International Tribunal for the Law of the Sea on Saturday drew an ocean boundary favouring Ghana in a dispute with its neighbour Ivory Coast, opening the way for development drilling to resume on Ghana's multi-billion dollar TEN deepwater oil and gas project. The decade-old row between the two West African neighbours has slowed the development of oil fields and at times soured relations between the two oil producers, who also together grow 60 percent of the world's cocoa.
A ruling by the International Tribunal for the Law of the Sea will keep Tullow Oil Plc’s offshore fields under Ghana’s jurisdiction following the end of a boundary dispute with Ivory Coast.
Tullow Oil said on Saturday that an international ruling on an ocean boundary between Ghana and Ivory Coast would leave its TEN fields within Ghanaian waters, allowing it to resume new drilling around year end. "Tullow will now work with the Government of Ghana to put in place the necessary permits to allow the restart of development drilling in the TEN fields," the firm said in a statement sent to reporters.