|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.3400 - 0.3500|
|52 Week Range||0.0900 - 2.9000|
|Beta (5Y Monthly)||2.64|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.05 (21.49%)|
|Ex-Dividend Date||Aug 29, 2019|
|1y Target Est||N/A|
How far off is Tullow Oil plc (LON:TLW) from its intrinsic value? Using the most recent financial data, we'll take a...
London stocks had a subdued session on Wednesday, as investors waited for a Federal Reserve decision and absorbed a busy earnings reporting day, which include results from Barclays and GlaxoSmithKline.
Independent international oil producers can cope with plunging oil prices better than higher-cost U.S. shale firms but persistent low prices may still leave them struggling to repay debts and renew hedging facilities needed to protect revenues. The drop in Brent crude to $20 a barrel and less, or the even deeper slide of U.S. crude into negative territory, has hammered U.S. shale producers, which typically need more than $40 to break even, forcing shut-ins and threatening insolvencies as the coronavirus crisis has thumped oil demand. Independent producers such as Tullow <TLW.L>, Kosmos <KOS.N>, Genel <GENL.L>, Premier <PMO.L> and EnQuest <ENQ.L> put their 2020 cash flow breakeven at $35 a barrel or less after cutting budgets, while hedging has further protected income for now.