Tullow Oil (LON:TLW) Stock Price Up 6.6% – Here’s What Happened

Tullow Oil plc (LON:TLW)’s stock price was up 6.6% during trading on Tuesday . The company traded as high as GBX 6.28 and last traded at GBX 6.11. Approximately 6,465,417 shares were traded during mid-day trading, a decline of 39% from the average daily volume of 10,522,629 shares. The stock had previously closed at GBX 5.73.

Key Tullow Oil News

Here are the key news stories impacting Tullow Oil this week:

• Neutral Sentiment: Paste full article text or provide direct links (one or more). Preferred: original headline, publisher, and timestamp for each item.
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• Neutral Sentiment: Tell me if you want a short market-moving summary only (1–3 bullets) or a slightly longer investor note (price drivers, outlook, likely market reaction).
• Neutral Sentiment: If available, include any intraday headlines or exchange notices (RNS/SEC filings) — those typically have the biggest immediate impact.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on TLW shares. Panmure Gordon cut their price objective on Tullow Oil from GBX 7.80 to GBX 5.40 and set a “sell” rating for the company in a research report on Monday, November 24th. Shore Capital reissued a “buy” rating on shares of Tullow Oil in a research note on Friday, September 5th. Finally, Jefferies Financial Group decreased their price objective on shares of Tullow Oil from GBX 12 to GBX 6 and set an “underperform” rating on the stock in a report on Monday, October 20th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of GBX 12.85.

Tullow Oil Stock Up 5.1%

The company has a market capitalization of £94.70 million, a PE ratio of -0.46, a PEG ratio of -0.19 and a beta of 2.08. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of -1,776.31. The business has a fifty day moving average of GBX 7.39 and a 200 day moving average of GBX 10.99.

Tullow Oil Company Profile

Tullow is an independent energy company that is building a better future through responsible oil and gas development in Africa. Tullow’s operations are focused on its core producing assets in Ghana. Tullow is committed to becoming Net Zero on its Scope 1 and 2 emissions by 2030, with a Shared Prosperity strategy that delivers lasting socio-economic benefits for its host nations. The Group is quoted on the London and Ghanaian stock exchanges (symbol: TLW).

For further information, please refer to: www.tullowoil.com.