Tullow Oil plc (TLW) to Release Quarterly Earnings on Tuesday
Tullow Oil plc (LON:TLW) is scheduled to be issuing its quarterly earnings data on Tuesday, July 25th.
Shares of Tullow Oil plc (LON:TLW) opened at 162.50 on Tuesday. The stock’s market cap is GBX 1.48 billion. Tullow Oil plc has a 12-month low of GBX 142.30 and a 12-month high of GBX 299.86. The stock’s 50 day moving average is GBX 178.22 and its 200-day moving average is GBX 237.70.
In other news, insider Ian Springett bought 206 shares of the firm’s stock in a transaction dated Wednesday, April 26th. The stock was acquired at an average price of GBX 218 ($2.85) per share, for a total transaction of £449.08 ($586.42). Also, insider Paul McDade bought 281 shares of the firm’s stock in a transaction dated Wednesday, July 5th. The shares were purchased at an average price of GBX 160 ($2.09) per share, with a total value of £449.60 ($587.10).
Several research analysts have recently issued reports on TLW shares. Barclays PLC reaffirmed an “overweight” rating and set a GBX 220 ($2.87) price target on shares of Tullow Oil plc in a research note on Wednesday, June 7th. GMP Securities reaffirmed a “hold” rating on shares of Tullow Oil plc in a research note on Monday, April 10th. Canaccord Genuity cut their price target on Tullow Oil plc from GBX 200 ($2.61) to GBX 160 ($2.09) and set a “hold” rating for the company in a research note on Thursday, June 29th. Deutsche Bank AG cut their price target on Tullow Oil plc from GBX 260 ($3.40) to GBX 200 ($2.61) and set a “buy” rating for the company in a research note on Thursday, July 6th. Finally, Royal Bank Of Canada cut their price target on Tullow Oil plc from GBX 275 ($3.59) to GBX 200 ($2.61) and set a “sector performer” rating for the company in a research note on Friday, June 23rd. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of GBX 233.51 ($3.05).
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About Tullow Oil plc
Tullow Oil plc is an independent oil and gas exploration and production company. The Company’s primary activity is the discovery and production of oil and gas. Its segments include West Africa; East Africa, and New Ventures. The West Africa Business focuses on its production and development projects in West Africa and Europe.
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