Tullow Oil (TLW)

Sector:

Energy Producers

Index:

FTSE Small Cap

39.14p
   
  • Change Today:
    -0.34p
  • 52 Week High: 40.32p
  • 52 Week Low: 24.40p
  • Currency: UK Pounds
  • Shares Issued: 1,456.71m
  • Volume: 6,857,961
  • Market Cap: £570.15m
  • RiskGrade: 365

FTSE 250 movers: Hunting climbs, Amigo plummets

By Duncan Ferris

Date: Thursday 29 Aug 2019

LONDON (ShareCast) - (Sharecast News) - London's FTSE 250 was up 0.35% at 19,270.37 in afternoon trading on Thursday, with Hunting leading the index higher.

Shares in the energy services company rose as it posted a jump in first-half profit thanks to solid performances in its Asia Pacific, US and EMEA segments.

Home emergency repairs business Homeserve also made gains after analysts from UBS raised their rating of the stock from 'neutral' to 'buy', upping their price target from 1,050p to 1,350p.

The analysts said they believed HomeServe could deliver best-in-class earnings growth, led by a membership business with under-appreciated potential to combine greenfield and product expansion with increasing operating leverage, and supported by a home experts platform disrupting the UK market for home services and improvements.

Down at the other end of the index, Amigo Holdings plummeted after its first-quarter results disappointed due to higher impairments and costs, while the lender also warned that annual loan book growth would be flat.

Russ Mould, investment director at AJ Bell, said: "The outlook contains quite a few shocks including a warning that impairments are likely to remain at a higher level, the ratio of cost to income is going to rise, and there could be a hit to repeat lending. Amigo argues that it provides a valuable product that helps improve people's lives yet the business is so far failing to reward shareholders."

Ex-dividends weighed, as is usually the case on a Thursday, with Charter Court Financial, OneSavings Bank, Centamin, Tullow Oil and Plus500 all in the frame.

Tullow Oil also confirmed that its farm-down agreement with Total and China National Offshore Oil Corp (CNOOC) has ended after it failed to agree tax details with the Government of Uganda.

Market Movers

FTSE 250 (MCX) 19,270.37 0.35%


FTSE 250 - Risers

Hunting (HTG) 454.00p 5.63%
William Hill (WMH) 177.13p 5.43%
Homeserve (HSV) 1,143.00p 5.06%
Games Workshop Group (GAW) 4,414.92p 4.82%
Renishaw (RSW) 3,524.00p 4.63%
Kaz Minerals (KAZ) 400.10p 3.81%
Victrex plc (VCT) 2,018.00p 3.43%
Mediclinic International (MDC) 334.50p 2.89%
Ferrexpo (FXPO) 199.60p 2.67%
Weir Group (WEIR) 1,422.00p 2.56%

FTSE 250 - Fallers

Amigo Holdings (AMGO) 71.21p -51.29%
Charter Court Financial Services Group (CCFS) 257.00p -4.81%
OneSavings Bank (OSB) 315.20p -3.90%
Centamin (DI) (CEY) 146.70p -3.71%
Tullow Oil (TLW) 209.50p -3.59%
Sophos Group (SOPH) 374.30p -3.11%
Dixons Carphone (DC.) 104.50p -2.65%
Metro Bank (MTRO) 272.58p -2.65%
Wood Group (John) (WG.) 355.60p -2.55%
Plus500 Ltd (DI) (PLUS) 685.80p -2.31%

Email this article to a friend

or share it with one of these popular networks:


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 39.14p
Change Today -0.34p
% Change -0.86 %
52 Week High 40.32p
52 Week Low 24.40p
Volume 6,857,961
Shares Issued 1,456.71m
Market Cap £570.15m
RiskGrade 365

Tullow Oil Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
42.84% above the market average42.84% above the market average42.84% above the market average42.84% above the market average42.84% above the market average
28.00% above the sector average28.00% above the sector average28.00% above the sector average28.00% above the sector average28.00% above the sector average
Price Trend
32.10% above the market average32.10% above the market average32.10% above the market average32.10% above the market average32.10% above the market average
52.50% above the sector average52.50% above the sector average52.50% above the sector average52.50% above the sector average52.50% above the sector average
Income Not Available
Growth
59.51% above the market average59.51% above the market average59.51% above the market average59.51% above the market average59.51% above the market average
72.55% above the sector average72.55% above the sector average72.55% above the sector average72.55% above the sector average72.55% 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-May-2024

Time Volume / Share Price
16:41 192,459 @ 39.14p
16:35 2,960,215 @ 39.14p
16:35 5,015 @ 39.14p
16:35 16,164 @ 39.14p
16:35 15,181 @ 39.14p

Tullow Oil Key Personnel

CFO Richard Miller

Top of Page