TUWOY News and Press, Tullow Oil Plc Unsp/Adr From 04/23/19

Introduction Belgium's Bekaert ( BEKSF ) ( BEKAY ) used to be one of the European market's favorite investments to gain exposure to emerging markets due to its worldwide presence in steel wire production. Right after the Global Financial Crisis, its share price increased by 600% within 1...

Introduction After checking in on Fresnillo ( FNLPF ) , a London-listed silver and gold producer, we are staying on the British island for this week’s edition of Focus on Europe. And, although we remain in the commodity sector, this week’s focus will be on another segment as...

The Orinduik oil and gas field off Guyana’s coast and owned by Total (NYSE: TOT ), Tullow Oil ( OTCPK:TUWOY ) and Eco Atlantic ( OTC:ECAOF ) contains ~3.9B boe , a third more than announced in an estimate released in September, Eco says. More news on: TOTAL S.A., Tullow Oil plc, Ec...

In 2018 London-based Tullow Oil ( TUWOY , TUWLF ) succeeded on a few fronts: It brought net debt-to-adjusted EBITDAX multiple to 1.9x (in 2016 ratio equaled disastrous 5.1x), became profitable, and generated free cash flow, though less than promised. The contraction of gearing was achieved bo...

The following slide deck was published by Tullow Oil Plc. in conjunction with their 2018 Q4 earnings Read more ...

FY18 will be remarkable for British upstream company Tullow Oil ( TUWLF , TUWOY ), which I covered in October. The London-based hydrocarbon producer and explorer has shown its first profit since dramatic 2014, and at the end of the year declared that dividends postponed due to the financial...

Tullow Oil ( OTCPK:TUWLF , OTCPK:TUWOY ) says it will resume paying dividends for the first time since 2015 and expects to pay out at least $100M/year , with an option for a special dividend for this year. More news on: Tullow Oil Plc., Tullow Oil Plc. ADR, Energy stocks news, Read...

Tullow Oil’s (TUWLF) financial performance in FY 2017 and H1 2018 is inspiring; recuperating oil prices, cost-saving programme, reasonable capital allocation policy, and enhanced production above expectations fortified EBIT and net income. Besides, there are two key contributors to the ...

Tullow Oil ( OTCPK:TUWLF , OTCPK:TUWOY ) says it has plugged and abandoned its Cormorant-1 exploration well in offshore Namibia after finding "non-commercial" hydrocarbons; it was the company sole 2018 exploration well. More news on: Tullow Oil Plc., Tullow Oil Plc. ADR, Energy stocks n...

Total (NYSE: TOT ) has exercised its option to acquire a 25% stake in the Orinduik Block offshore Guyana from Eco Atlantic Oil and Gas ( OTC:ECAOF ), taking up its stake even before it received the final seismic report. More news on: TOTAL S.A., Eco Atlantic Oil & Gas Ltd, Tullow Oil...