Tullow Oil (TLW)

Sector:

Energy Producers

Index:

FTSE Small Cap

23.74p
   
  • Change Today:
    -0.52p
  • 52 Week High: 39.48p
  • 52 Week Low: 21.38p
  • Currency: UK Pounds
  • Shares Issued: 1,458.26m
  • Volume: 4,482,943
  • Market Cap: £346.19m
  • RiskGrade: 365

Thursday preview: Inflation data, FOMC minutes

By Alexander Bueso

Date: Wednesday 28 Nov 2018

LONDON (ShareCast) - (Sharecast News) - The focus of Thursday's session is likely to be inflation readings on either side of the Pond, although the minutes of the US Federal Reserve's last policy meeting may also make for interesting reading.
Given the recent slide in energy prices, Thursday's report on 'core' US PCE prices for November may yield a downside surprise, with the same being true of a preliminary reading on German consumer prices.

Later in the session and after the close of markets in London, the spotlight will be on the minutes of the 7-8 November meeting of the US Federal Open Market Committee.

In particular, some analysts believe that rate-setters in America may have debated further regarding their plans for the eventual end state for the central bank's balance sheet.

Back in the UK, investors will be waiting on consumer credit and mortgage lending figures from the Bank of England referencing the month of November, at 0930 GMT.

A raft of corporates are scheduled to update clients on Thursday, including Thomas Cook and Tullow Oil.

For the former, which was due to release its full-year results, analysts at UBS said markets were likely to focus on the tour operator's winter schedules and the first indications for the summer schedules in fiscal year 2019.

Investors would also be looking for any medium-term financial guidance from the company as well as information on its contingency plans in case of a hard Brexit.

For fiscal year 2019, analyst Cristian Nedelcu was projecting earnings before interest and tax of £289m, versus a consensus estimate of £311m.



As for Tullow, which was to host its Capital Markets Day on Thursday afternoon, analyst Amy Wong was looking for further information on the oil explorer's activities in Guyana, Kenya, Uganda and Ghana.

Regarding the latter, Wong wanted more data on production rates and the number of wells it was planning to drill at the TEN and Jubilee fields.

Thursday November 29

INTERIMS

BCA Marketplace, Fidelity China Special Situations , Great Eastern Energy Corp Ltd. GDR, Greene King, Latham (James), LXI Reit , Motorpoint Group, PayPoint, Scholium Group, XPS Pensions Group

INTERIM DIVIDEND PAYMENT DATE

Bloomsbury Publishing, British American Inv Trust, Panther Securities

INTERIM EX-DIVIDEND DATE

600 Group, Caledonia Investments, CMC Markets, CML Microsystems, Creightons, Cropper (James), Electrocomponents, Establishment Inv Trust, First Property Group, Gresham House Strategic , Headlam Group, Helical, Hill & Smith Holdings, International Consolidated Airlines Group SA (CDI), JD Sports Fashion, Johnson Matthey, Liontrust Asset Management, Majestic Wine, Martin Currie Asia Unconstrained Trust , Norcros, Prime People, Redcentric, Renewi , Severn Trent, TalkTalk Telecom Group , Tarsus Group, Telecom Plus, TR Property Inv Trust, Triple Point Income VCT

QUARTERLY PAYMENT DATE

Greencoat Renewables

QUARTERLY EX-DIVIDEND DATE

Alpha Real Trust Ltd., Blackrock North American Income Trust , Canadian General Investments Ltd., Diversified Gas & Oil, Land Securities Group, Volta Finance Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Business Climate Indicator (EU) (10:00)

Consumer Confidence (EU) (10:00)

Continuing Claims (US) (13:30)

Economic Sentiment Indicator (EU) (10:00)

Industrial Confidence (EU) (10:00)

Initial Jobless Claims (US) (13:30)

Pending Homes Sales (US) (15:00)

Personal Consumption Expenditures (US) (13:30)

Personal Spending (US) (13:30)

Services Confidence (EU) (10:00)

Unemployment Rate (GER) (08:55)

FINALS

Character Group, Daily Mail and General Trust A (Non.V), Lonmin, Premier Asset Management Group, Urban&Civic

ANNUAL REPORT

IronRidge Resources Limited (DI), URA Holdings

SPECIAL EX-DIVIDEND DATE

Keystone Inv Trust, VinaLand Ltd

EGMS

Real Estate Credit Investments Ltd

AGMS

ASOS, Crown Place VCT, CVS Group, Dunelm Group, Ferguson, Global Petroleum Ltd., Grit Real Estate Income Group Limited NPV (DI), Hotel Chocolat Group , Investment Company, IronRidge Resources Limited (DI), Kin and Carta , Oilex Ltd.

TRADING ANNOUNCEMENTS

Go-Ahead Group, Irish Continental Group Units, Thomas Cook Group

UK ECONOMIC ANNOUNCEMENTS

Consumer Credit (09:30)

M4 Money Supply (09:30)

Mortgage Approvals (09:30)

Nationwide House Price Index (07:00)

FINAL DIVIDEND PAYMENT DATE

JPMorgan Emerging Markets Inv Trust, Thorpe (F.W.), Wetherspoon (J.D.)

FINAL EX-DIVIDEND DATE

Aviva 8 3/4% Cumulative Irrd Preference 1, Baillie Gifford Japan Trust, Bellway, Brunner Investment 5% Prf, Carr's Group, Diploma, Euromoney Institutional Investor, General Accident 'A', Origin Enterprises, Sherborne Investors (Guernsey) 'B' Limited



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Tullow Oil Market Data

Currency UK Pounds
Share Price 23.74p
Change Today -0.52p
% Change -2.14 %
52 Week High 39.48p
52 Week Low 21.38p
Volume 4,482,943
Shares Issued 1,458.26m
Market Cap £346.19m
RiskGrade 365

Tullow Oil Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
13.13% above the market average13.13% above the market average13.13% above the market average13.13% above the market average13.13% above the market average
63.89% below the sector average63.89% below the sector average63.89% below the sector average63.89% below the sector average63.89% below the sector average
Price Trend
70.04% below the market average70.04% below the market average70.04% below the market average70.04% below the market average70.04% below the market average
28.21% below the sector average28.21% below the sector average28.21% below the sector average28.21% below the sector average28.21% below the sector average
Income Not Available
Growth
94.70% above the market average94.70% above the market average94.70% above the market average94.70% above the market average94.70% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 4
Buy 4
Neutral 1
Sell 1
Strong Sell 1
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tullow Oil Dividends

  Latest Previous
  Interim Final
Ex-Div 29-Aug-19 04-Apr-19
Paid 04-Oct-19 10-May-19
Amount 2.35¢ 4.80¢

Trades for 31-Oct-2024

Time Volume / Share Price
16:35 865,900 @ 23.74p
16:35 1,667 @ 23.74p
16:35 3,484 @ 23.74p
16:35 643 @ 23.74p
16:35 2,613 @ 23.74p

Tullow Oil Key Personnel

CFO Richard Miller

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