News Results for Tullow Oil (TLW)

UK stocks gained ground on Monday after China moved to buffer its economy from the coronavirus hit by cutting interest rates on medium-term loans. European markets mirrored the UK's gains with...

UK stocks gained on Monday after China moved to buffer its economy from the coronavirus hit by cutting interest rates on medium-term loans. At 1220, the benchmark FTSE 100 index was up 0.3% to...

UK stocks opened higher on Monday after China moved to buffer its economy from the coronavirus hit by cutting interest rates on medium-term loans. At 0828, the benchmark FTSE 100 index was up...

Tullow Oil said an exploration well drilled off the coast of Peru, in which it had a 35% non-operating stake, had not discovered significant hydrocarbons. The Marina-1 well, operated by Karoon...

Barclays Capital today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to equal weight (from equal weight). Story provided by StockMarketWire.com Broker Forecasts data provided by...

The FTSE 100 closed modestly higher on Wednesday ahead of the signing of phase one of the US-China trade deal. Helping the exporter-heavy index was a fall in the pound against the euro, though the...

UK stocks traded almost flat by midday on Wednesday after inflation fell to its lowest for more than three years in December. UK inflation dropped to 1.3% last month, down from 1.5% in November....

UK stocks inched higher on Wednesday ahead of the expected signing later in the day of a first-phase trade deal between the US and China. At 0852, the benchmark FTSE 100 index was up 10.72 points,...

Tullow Oil said it expected to report impairment charges and exploration write-offs of around $1.5bn after it lowered its oil price assumptions and reserves estimates. The company, which also...

JP Morgan Cazenove today reaffirms its neutral investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 63p (from 249p). Story provided by StockMarketWire.com Broker Forecasts...

Barclays Capital today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to equal weight (from overweight) and cut its price target to 75p (from 80p). Story provided by...

Les Wood, Executive Director, bought 751 shares in the company on the 6th January 2020 at a price of 60.08p. The Director now holds 158,259 shares. NOTE: Awarded 751 matching shares. Story...

The FTSE 100 closed much higher on the first day of trading for 2020, up 0.8% at 7,604.30. This was matched by a solid open in the US, with the S&P 500 0.4% higher at 3,242.31 around 4.30pm UK...

The FTSE 100 was up 0.9% to 7,611.67 by lunchtime and on course for a very positive start to 2020 as investors responded to measures to boost the Chinese economy. Resources firms, sensitive to...

The FTSE 100 has started the new decade positively, nudging higher on the first day of trading in 2020, up 0.7% to 7,596.93. Wealth manager Quilter followed the UK's flagship index, rising 0.5%...

Tullow Oil has announced that its Carapa-1 exploration well, drilled on the Kanuku licence offshore Guyana, has encountered approximately four metres of net oil pay based on preliminary...

Jefferies International today reaffirms its hold investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 65p (from 168p). Story provided by StockMarketWire.com Broker Forecasts...

UBS today reaffirms its neutral investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 60p (from 220p). Story provided by StockMarketWire.com Broker Forecasts data provided by...

Peel Hunt today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to hold (from add) and cut its price target to 75p (from 200p). Story provided by StockMarketWire.com Broker...

HSBC today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to reduce (from hold) and cut its price target to 50p (from 160p). Story provided by StockMarketWire.com Broker Forecasts...

RBC Capital Markets today reaffirms its sector performer investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 100p (from 175p). Story provided by StockMarketWire.com Broker...

Barclays Capital today reaffirms its overweight investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 80p (from 200p). Story provided by StockMarketWire.com Broker Forecasts...

Goldman Sachs today reaffirms its buy investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 87p (from 186p). Story provided by StockMarketWire.com Broker Forecasts data...

Investec today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to hold (from buy). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Panmure Gordon today reaffirms its buy investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 105p (from 260p). Story provided by StockMarketWire.com Broker Forecasts data...

Canaccord Genuity today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to hold (from speculative buy). Story provided by StockMarketWire.com Broker Forecasts data provided by...

UK stocks traded slightly lower Monday, following the release of weak Chinese export data that offset positive sentiment inspired by strong US jobs numbers released Friday. At 16:00, the benchmark...

UK stocks traded slightly lower midday Monday, following the release of weak Chinese export data that offset positive sentiment inspired by strong US jobs numbers released Friday. At 12:55, the...

UK stocks opened a little lower on Monday following the release of weak Chinese export data that offset positive sentiment inspired by strong US jobs numbers released Friday. At 0844, the...

Tullow Oil downgraded its production guidance for 2020 and the following three years, suspended its dividend and announced that chief executive Paul McDade and exploration director Angus McCoss had...

RBC Capital Markets today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to sector performer (from outperform) and cut its price target to 175p (from 260p). Story provided by...

Peel Hunt today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to add (from buy) and cut its price target to 200p (from 250p). Story provided by StockMarketWire.com Broker...

HSBC today reaffirms its hold investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 160p (from 220p). Story provided by StockMarketWire.com Broker Forecasts data provided by...

Citigroup today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to neutral (from buy) and cut its price target to 165p (from 285p). Story provided by StockMarketWire.com Broker...

Goldman Sachs today reaffirms its buy investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 183p (from 326.60p). Story provided by StockMarketWire.com Broker Forecasts data...

Berenberg today reaffirms its buy investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 230p (from 260p). Story provided by StockMarketWire.com Broker Forecasts data provided...

Barclays Capital today reaffirms its overweight investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 200p (from 270p). Story provided by StockMarketWire.com Broker Forecasts...

JP Morgan Cazenove today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to neutral (from overweight) and cut its price target to 249p (from 278p). Story provided by...

Jefferies International today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to hold (from buy) and cut its price target to 168p (from 275p). Story provided by StockMarketWire.com...

UK stocks trimmed earlier losses on Wednesday after following a further indication from the US Federal Reserve that it is not likely to cut interest rates next month. Federal Reserve chair Jerome...

UK stocks continued to fall on Wednesday after US president Donald Trump disappointed investors hoping for a breakthrough on trade with China. Trump renewed his trade attack on China, and called...

UK stocks opened lower on Wednesday amid ongoing jitters about US-China trade relations and political unrest in Hong Kong. At 0853, the benchmark FTSE 100 index was down 23.74 points, or 0.3%, at...

Tullow Oil downgraded its annual production guidance owing to a disappointing performance from wells in Ghana. The company also said its free cash flow for the full year had been adversely...

Les Wood, Executive Director, has re-invested 9,700 shares in the company on the 8th October 2019 at a price of 202.17p. The Director now holds 157,508 shares. Story provided by...

Barclays Capital today reaffirms its overweight investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 270p (from 290p). Story provided by StockMarketWire.com Broker Forecasts...

Paul McDade, Chief Executive Officer, bought 221 shares in the company on the 9th October 2019 at a price of 203.65p. The Director now holds 730,715 shares. NOTE: Awarded 221 matching shares....

Angus McCoss, Executive Director, bought 221 shares in the company on the 9th October 2019 at a price of 203.65p. The Director now holds 394,051 shares. NOTE: Awarded 221 matching shares. Story...

Les Wood, Executive Director, bought 221 shares in the company on the 7th October 2019 at a price of 203.65p. The Director now holds 147,762 shares. NOTE: Awarded 221 matching shares Story...

Angus McCoss, Executive Director, has re-invested 122 shares in the company on the 7th October 2019 at a price of 203.50p. The Director now holds 394,173 shares. Story provided by...

Angus McCoss, Executive Director, has re-invested 122 shares in the company on the 7th October 2019 at a price of 203.50p. The Director now holds 394,173 shares. Story provided by...

UK stocks closed lower on Monday as markets across the world fretted over what a soaring oil price could mean for global growth. Asian and European markets were all down, while US indices opened...

UK stocks remained lower by midday on Monday despite a slump in the pound, which usually helps the exporter-heavy FTSE 100. Sterling fell 0.6% on the dollar to $1.2430 ahead of Prime Minister...

Peel Hunt today reaffirms its buy investment rating on Tullow Oil PLC (LON:TLW) and raised its price target to 270p (from 250p). Story provided by StockMarketWire.com Broker Forecasts data...

UK stocks opened lower on Monday after weak Chinese industrial production hurt Asian and European exchanges. Oil producers rallied after an attack on a major Saudi Arabian production facility sent...

Tullow Oil said it had discovered more oil offshore Guyana. The Joe-1 exploration well was drilled to a total depth of 2,175 metres. Evaluation of logging and sampling data confirmed that Joe-1...

Peel Hunt today initiates coverage of Tullow Oil PLC (LON:TLW) with a buy investment rating and price target of 250p. Story provided by StockMarketWire.com Broker Forecasts data provided by...

HSBC today reaffirms its hold investment rating on Tullow Oil PLC (LON:TLW) and raised its price target to 230p (from 220p). Story provided by StockMarketWire.com Broker Forecasts data provided...

Goldman Sachs today reaffirms its conviction buy investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 326.60p (from 337p). Story provided by StockMarketWire.com Broker...

UK stocks closed modestly lower on Monday after morning gains where eroded by a weak opening on Wall Street. Heightened concerns about global growth and civil unrest in Hong Kong offset moves by...

The stocks were on the back foot at midday as earlier gains chalked-up at the start of Monday trading were wiped out by growing concerns about global growth heightened by civil unrest in Hong Kong,...

UK stocks opened higher on Monday, in line with other European exchanges, as China moved to further stabilise its currency, cooling trade war fears. At 0853, the benchmark FTSE 100 index was up...

Tullow Oil said it had discovered oil off the coast of Guyana, potentially at a quantity exceeding its expectations. The Jethro-1 exploration well, drilled on the Orinduik licence, encountered 55m...

Tullow Oil posted a higher first-half profit but downgraded its annual output guidance due to mechanical problems at a well in Ghana. Net profit for the six months through June rose to $103m, up...

Paul McDade, Chief Executive Officer, bought 212 shares in the company on the 5th July 2019 at a price of 211.94p. The Director now holds 730,494 shares. NOTE: Awarded 212 free shares. Story...

Angus McCoss, Executive Director, bought 212 shares in the company on the 5th July 2019 at a price of 211.94p. The Director now holds 393,830 shares. NOTE: Awarded 212 free shares. Story...

Les Wood, Executive Director, bought 212 shares in the company on the 5th July 2019 at a price of 211.94p. The Director now holds 147,541 shares. NOTE: Awarded 212 free shares. Story provided by...

Jefferies International today upgrades its investment rating on Tullow Oil PLC (LON:TLW) to buy (from hold). Story provided by StockMarketWire.com Broker Forecasts data provided by...

RBC Capital Markets today reaffirms its outperform investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 280p (from 290p). Story provided by StockMarketWire.com Broker...

The FTSE 100 closed down 6.04 points at 7,416.39 on Wednesday as investors continued to mark time until Friday's G20 summit. Sentiment was not helped by attempts by the US Federal Reserve to...

UK stocks drifted lower in early trading Wednesday as investors weighed progress on US-China trade talks, which are set to intensify at the G20 meeting in Osaka this weekend. At 0846, the...

Tullow Oil said it expected to post a gross profit of $500m in the first half, though it also flagged an $85m exploration write-off. Revenue for the six months through June was seen at $900m, the...

Morgan Stanley today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to equal weight (from overweight) and cut its price target to 252p (from 276p). Story provided by...

Goldman Sachs today reaffirms its conviction buy investment rating on Tullow Oil PLC (LON:TLW) and raised its price target to 337p (from 260p). Story provided by StockMarketWire.com Broker...

HSBC today initiates coverage of Tullow Oil PLC (LON:TLW) with a hold investment rating and price target of 220p. Story provided by StockMarketWire.com Broker Forecasts data provided by...

Angus McCoss, Executive Director, has re-invested 6,460 shares in the company on the 15th May 2019 at a price of 216.67p. The Director now holds 393,618 shares. Story provided by...

Angus McCoss, Executive Director, has re-invested 206 shares in the company on the 10th May 2019 at a price of 215.78p. The Director now holds 387,158 shares. Story provided by...

Paul McDade, Chief Executive Officer, has re-invested 206 shares in the company on the 10th May 2019 at a price of 215.78p. The Director now holds 730,179 shares. Story provided by...

The FTSE 100 was down 0.4%, paring earlier heavier losses as sterling fell amid ongoing uncertainty over Brexit. In the US a big earnings miss for conglomerate 3M saw futures markets point to a...

UK stocks are falling for the second session on Thursday in line with overnight losses in the US and a mixed session in Asia. At 08:58, the benchmark FTSE 100 stood 0.55%, or 41.15 points, lower...

Oil company Tullow Oil has revised down its full-year production forecast following lower-than-expected first-quarter oil production due to now-resolved technical issues in its Ghana fields. To...

JP Morgan Cazenove today reaffirms its overweight investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 288p (from 292p). Story provided by StockMarketWire.com Broker...

Paul McDade, Chief Executive Officer, bought 252 shares in the company on the 5th April 2019 at a price of 179.10p. The Director now holds 729,973 shares. NOTE: Securities. Awarded 252 free...

Les Wood, Executive Director, bought 251 shares in the company on the 5th April 2019 at a price of 179.10p. The Director now holds 146,827 shares. NOTE: Securities. Awarded 251 free matching...

Les Wood, Executive Director, bought 251 shares in the company on the 5th April 2019 at a price of 179.10p. The Director now holds 147,329 shares. NOTE: Securities. Awarded 251 free matching...

Paul McDade, Chief Executive Officer, exercised 376,635 shares in the company on the 7th March 2019 at a price of 0.00p. The Director now holds 906,832 shares. Story provided by...

Paul McDade, Chief Executive Officer, sold post-exercise 177,363 shares in the company on the 7th March 2019 at a price of 228.04p. The Director now holds 729,469 shares. NOTE: Sold to meet tax...

Angus McCoss, Executive Director, sold post-exercise 32,571 shares in the company on the 5th March 2019 at a price of 227.15p. The Director now holds 386,952 shares. NOTE: Average price. Part to...

Angus McCoss, Executive Director, bought 8,550 shares in the company on the 6th March 2019 at a price of 230.77p. The Director now holds 395,502 shares. NOTE: ISA Story provided by...

Angus McCoss, Executive Director, exercised 50,682 shares in the company on the 5th March 2019 at a price of 0.00p. The Director now holds 419,523 shares. Story provided by StockMarketWire.com...

Barclays Capital today upgrades its investment rating on Tullow Oil PLC (LON:TLW) to overweight (from equal weight) and raised its price target to 310p (from 225p). Story provided by...

Les Wood, Executive Director, exercised 160,053 shares in the company on the 26th February 2019 at a price of 0.00p. The Director now holds 221,739 shares. Story provided by StockMarketWire.com...

Les Wood, Executive Director, sold post-exercise 75,414 shares in the company on the 26th February 2019 at a price of 221.40p. The Director now holds 146,325 shares. Story provided by...

UBS today reaffirms its neutral investment rating on Tullow Oil PLC (LON:TLW) and raised its price target to 220p (from 200p). Story provided by StockMarketWire.com Broker Forecasts data provided...

By midday the FTSE 100 was up 0.6% to 7,174.95, close to its highest levels of the year so far. The index is boosted by hopes for a de-escalation in trade tensions between the US and China. Other...

Tullow Oil said it swung to an annual profit and reinstated its dividend, as revenue rose and it recorded less write-downs. Pre-tax profit for the year through December amounted to $85m, compared...

UK stocks opened moderately lower on Wednesday and the pound was volatile after Theresa May's proposed Brexit deal suffered an overwhelming defeat in the UK parliament. Investors were left to...

Tullow Oil said it expected to post an around 4% rise in annual revenue after meeting the top end of its production guidance. Revenue for the year through December was expected at around $1.8bn,...

Morgan Stanley today reaffirms its overweight investment rating on Tullow Oil PLC (LON:TLW) and cut its price target to 265p (from 355p). Story provided by StockMarketWire.com Broker Forecasts...

Barclays Capital today downgrades its investment rating on Tullow Oil PLC (LON:TLW) to equal weight (from overweight) and cut its price target to 225p (from 250p). Story provided by...