Previous Close | 0.2315 |
Open | 0.2302 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's Range | 0.2100 - 0.2304 |
52 Week Range | 0.1300 - 0.2500 |
Volume | |
Avg. Volume | 25,529 |
Market Cap | 626.228M |
Beta (5Y Monthly) | 2.11 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Aug 29, 2019 |
1y Target Est | N/A |
Insight into Azvalor Blue Chips FI (Trades, Portfolio)'s Latest Investment Moves and Strategy
Tullow's (TUWOY) 2023 revenues increase 25% from the previous year's level. Free cash flows also exceed the prior-year figure. The company shows exceptionally well drilling performance despite setbacks in the Jubilee field.
The London-listed oil and gas explorer said the start-up of Jubilee South East offshore Ghana drove production and boosted 2023 cash flow ahead of its expectations, adding that the year-end net debt was reduced by about $250 million to $1.6 billion. The energy firm said its 2023 working interest production averaged about 63 thousand barrels of oil equivalent per day (kboepd). Jefferies analysts wrote in a note that Tullow's production forecast was in line with their estimates, and the focus would likely turn to Ghana output expectations once a drilling break occurs after this year's five-well Jubilee programme.