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Tullow Oil

Current Price 7.20p Bid 6.97p Ask 7.50p Change 10.26%
Last Updated: 05/12/2025 06:52. Prices delayed by at least 15 minutes.
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Company Overview

Tullow Oil plc is a United Kingdom-based independent oil and gas exploration and production company. The Company's primary activity is the discovery and production of oil and gas. The Company operates through four segments: Ghana, Non-operated, Kenya and Exploration. Its non-operated producing assets include Uganda. Its production assets are in West Africa, with offshore production from Ghana, Gabon and Cote d'Ivoire.

Financial Highlights Year Ended 31/12/2024

Revenue
£1,534.90m
Operating Profit/Loss
£595.60m
Dividend yield (%)
n/a
Total dividend for year
$n/a
Dividend cover
n/a
P/E Ratio
7.70

Key Personnel

Mr Ian Perks
Chief Executive Officer
Mr Richard Miller
Chief Financial Officer
Mr Roald Goethe
Independent Non-Executive Director
Ms Rebecca Wiles
Non-Executive Director

Stock Details

EPIC
TLWL
ISIN
GB0001500809
Shares in Issue
911.66m
Market cap
£65.64m

Analyst Views (4)

Strong Buy
 
0%
Buy
 
25.00%
Hold
 
25.00%
Sell
 
50.00%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
7.20p
Bid Price
6.97p
Ask Price
7.50p
Volume
2,426,394
Change Today
0.67p
% Change Today
10.26%
Open
6.50p
Previous Close
7.20p
Intraday High
7.20p
Intraday Low
6.49p
52 Week High
26.42p
52 Week Low
3.86p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Dec 2024
31 Dec 2023
 
$ (M)
$ (M)
Continuing Operations
Revenue
1,534.90
1,634.10
Operating Profit/Loss
595.60
295.90
Net Interest
-274.10
-285.60
Pre-Tax Profit
321.50
95.90
Profit After Tax from continuing operations
54.60
-109.60
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
54.60
-109.60
Attributable to:
Equity Holders of Parent Company
54.60
-109.60
Minority Interests
n/a
n/a
Total Dividend Paid
$n/a
$n/a
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2024
31 Dec 2023
Basic
3.70c
-7.60c
Diluted
3.60c
-7.60c
Adjusted
3.70c
-7.60c
Dividend per Share
$n/a
$n/a

Assets

Year End Date
31 Dec 2024
31 Dec 2023
 
$ (M)
$ (M)
Non-Current Assets
Property, Plant & Equipment
2,324.10
338.60
Intangible Assets
154.00
2,819.80
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
349.10
19.60
Current Assets
Inventories
132.40
107.30
Trade & Other Receivables
137.90
43.50
Cash at Bank & In Hand
555.10
499.00
Current Asset Investments
n/a
n/a
Other Current Assets
398.90
575.00
Other Assets
n/a
55.80
Total Assets
4,051.50
4,458.60

Liabilities

Year End Date
31 Dec 2024
31 Dec 2023
 
$ (M)
$ (M)
Current Liabilities
Borrowings
589.40
100.00
Other Current Liabilities
948.00
1,126.00
Total Current Liabilities
1,537.40
1,226.00
Non-Current Liabilities
Borrowings
1,386.40
1,984.60
Provisions
734.50
824.20
Other Non-Current Liabilities
665.90
783.20
Total Non-Current Liabilities
2,786.80
3,592.00
Other Liabilities
n/a
n/a
Total Liabilities
4,324.20
4,818.00

Net Assets

Year End Date
31 Dec 2024
31 Dec 2023
 
$ (M)
$ (M)
Net Assets
-272.70
-359.40

Capital & Reserves

Year End Date
31 Dec 2024
31 Dec 2023
 
$ (M)
$ (M)
Share Capital
217.50
216.70
Share Premium Account
1,294.70
1,294.70
Other Reserves
500.80
475.60
Retained Earnings
-2,285.70
-2,346.40
Shareholders Funds
-272.70
-359.40
Minority Interests/Other Equity
n/a
n/a
Total Equity
-272.70
-359.40

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
29 Aug 2019
04 Oct 2019
2.35¢
Final
04 Apr 2019
10 May 2019
4.80¢
Interim
06 Oct 2004
09 Nov 2004
0.50p

Dividend Metrics

Year End Date
31 Dec 2024
31 Dec 2023
Dividend growth
n/a%
n/a%
Dividend yield
n/a%
n/a%
Dividend cover
n/a
n/a


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