Tullow Oil (TLW)

Sector:

Energy Producers

Index:

FTSE Small Cap

38.36p
   
  • Change Today:
      0.50p
  • 52 Week High: 39.00
  • 52 Week Low: 24.40
  • Currency: UK Pounds
  • Shares Issued: 1,456.71m
  • Volume: 1,494,780
  • Market Cap: £558.79m
  • RiskGrade: 365

Tullow Oil signs new production sharing licence in Côte d'Ivoire

By Frank Prenesti

Date: Wednesday 14 Dec 2022

LONDON (ShareCast) - (Sharecast News) - Tullow Oil has signed a production sharing contract for an offshore exploration licence in Côte d'Ivoire.
UK-listed Tullow will operate the licence with 90% equity and the remaining 10% is held by PetroCi. The licence covers an area of 1,345 square kilometres and is adjacent to licence CI-524 which is also held by Tullow and PetroCi.

"With this new exploration licence, Tullow strengthens its position in the Tano Basin where significant prospectivity has been identified within the proven Cretaceous turbidite plays, similar to the plays which are producing in the adjacent TEN and Jubilee Fields," the company said on Wednesday.

Reporting by Frank Prenesti for Sharecast.com

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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 38.36p
Change Today 0.50p
% Change 1.32 %
52 Week High 39.00
52 Week Low 24.40
Volume 1,494,780
Shares Issued 1,456.71m
Market Cap £558.79m
RiskGrade 365

Tullow Oil Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
43.99% above the market average43.99% above the market average43.99% above the market average43.99% above the market average43.99% 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
31.98% above the market average31.98% above the market average31.98% above the market average31.98% above the market average31.98% above the market average
60.49% above the sector average60.49% above the sector average60.49% above the sector average60.49% above the sector average60.49% above the sector average
Income Not Available
Growth
59.03% above the market average59.03% above the market average59.03% above the market average59.03% above the market average59.03% 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 17-May-2024

Time Volume / Share Price
15:28 1,855 @ 38.36p
15:28 585 @ 38.36p
15:27 390 @ 38.36p
15:26 2,277 @ 38.38p
15:26 1,392 @ 38.38p

Tullow Oil Key Personnel

CFO Richard Miller

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