Tullow Oil (TLW)

Sector:

Energy Producers

Index:

FTSE Small Cap

36.90p
   
  • Change Today:
    -1.26p
  • 52 Week High: 39.10
  • 52 Week Low: 22.60
  • Currency: UK Pounds
  • Shares Issued: 1,456.71m
  • Volume: 3,107,245
  • Market Cap: £537.52m
  • RiskGrade: 365

Tullow says Suriname well encountered only minor oil shows

By Michele Maatouk

Date: Thursday 18 Mar 2021

LONDON (ShareCast) - (Sharecast News) - Tullow Oil said on Thursday that the Goliathberg-Voltzberg North exploration well offshore Suriname has reached total depth and encountered good quality reservoir but only minor oil shows.
The FTSE 250 oil and gas exploration and production group said the well was drilled to a total depth of 5,060 metres in 1,856 metres of water and will now be plugged and abandoned.

"Tullow and its partners will then assess the data gathered from the well and carefully consider next steps," it said.

Tullow is the operator of Block 47 with a 50% stake, while Petroandina Resources holds 30% and Ratio Suriname the remaining 20%.

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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 36.90p
Change Today -1.26p
% Change -3.30 %
52 Week High 39.10
52 Week Low 22.60
Volume 3,107,245
Shares Issued 1,456.71m
Market Cap £537.52m
RiskGrade 365

Tullow Oil Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
43.76% above the market average43.76% above the market average43.76% above the market average43.76% above the market average43.76% above the market average
26.32% above the sector average26.32% above the sector average26.32% above the sector average26.32% above the sector average26.32% above the sector average
Price Trend
42.20% above the market average42.20% above the market average42.20% above the market average42.20% above the market average42.20% above the market average
70.37% above the sector average70.37% above the sector average70.37% above the sector average70.37% above the sector average70.37% above the sector average
Income Not Available
Growth
58.92% above the market average58.92% above the market average58.92% above the market average58.92% above the market average58.92% above the market average
73.08% above the sector average73.08% above the sector average73.08% above the sector average73.08% above the sector average73.08% 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 15-May-2024

Time Volume / Share Price
15:45 23 @ 37.12p
15:45 23 @ 37.12p
16:35 50,000 @ 36.90p
16:35 324,134 @ 36.90p
16:35 1,438 @ 36.90p

Tullow Oil Key Personnel

CFO Richard Miller

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