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Tullow Oil

Current Price 36.22p Bid 36.02p Ask 36.24p Change 2.09%
Last Updated: 26/04/2024 12:13. 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 31/12/2023

Revenue
£1,634.10m
Operating Profit/Loss
£295.90m
Dividend yield (%)
n/a
Total dividend for year
$n/a
Dividend cover
n/a
P/E Ratio
n/a

Key Personnel

Mr Rahul Dhir
CEO and Executive director
Mr Richard Miller
Chief Financial Officer
Mr Mitch Ingram
Independent Non-Executive Director
Mr Phuthuma F. Nhleko
Independent Non-Executive Director
Mr Roald Goethe
Independent Non-Executive Director
Mr Martin F Greenslade
Non-Executive Director
Mr Sheila Khama
Non-Executive Director
Ms Genevieve Sangudi
Non-Executive Director
Ms Rebecca Wiles
Non-Executive Director

Stock Details

EPIC
TLWL
ISIN
GB0001500809
Shares in Issue
911.66m
Market cap
£330.20m

Analyst Views (11)

Strong Buy
 
36.36%
Buy
 
36.36%
Hold
 
9.09%
Sell
 
9.09%
Strong Sell
 
9.09%
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
36.22p
Bid Price
36.02p
Ask Price
36.24p
Volume
132,106
Change Today
0.74p
% Change Today
2.09%
Open
35.66p
Previous Close
35.48p
Intraday High
36.36p
Intraday Low
35.66p
52 Week High
39.04p
52 Week Low
22.56p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Continuing Operations
Revenue
1,634.10
1,783.10
Operating Profit/Loss
295.90
733.90
Net Interest
-285.00
-292.60
Pre-Tax Profit
95.90
442.10
Profit After Tax from continuing operations
-109.60
49.10
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
-109.60
49.10
Attributable to:
Equity Holders of Parent Company
-109.60
49.10
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 2023
31 Dec 2022
Basic
-7.60c
3.40c
Diluted
-7.60c
3.30c
Adjusted
-7.60c
3.40c
Dividend per Share
$n/a
$n/a

Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Non-Current Assets
Property, Plant & Equipment
2,532.80
2,981.40
Intangible Assets
287.00
288.60
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
358.20
341.60
Current Assets
Inventories
107.30
181.60
Trade & Other Receivables
43.50
26.80
Cash at Bank & In Hand
499.00
636.30
Current Asset Investments
n/a
n/a
Other Current Assets
630.80
583.30
Other Assets
n/a
n/a
Total Assets
4,458.60
5,039.60

Liabilities

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Current Liabilities
Borrowings
100.00
100.00
Other Current Liabilities
1,126.00
1,221.30
Total Current Liabilities
1,226.00
1,321.30
Non-Current Liabilities
Borrowings
1,984.60
2,372.80
Provisions
824.20
967.10
Other Non-Current Liabilities
783.20
837.90
Total Non-Current Liabilities
3,592.00
4,177.80
Other Liabilities
n/a
n/a
Total Liabilities
4,818.00
5,499.10

Net Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Net Assets
-359.40
-459.50

Capital & Reserves

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Share Capital
216.70
215.20
Share Premium Account
1,294.70
1,294.70
Other Reserves
475.60
271.90
Retained Earnings
-2,346.40
-2,241.30
Shareholders Funds
-359.40
-459.50
Minority Interests/Other Equity
n/a
n/a
Total Equity
-359.40
-459.50

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 2023
31 Dec 2022
Dividend growth
n/a%
n/a%
Dividend yield
n/a%
n/a%
Dividend cover
n/a
n/a


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