Tullow Oil/£TLW

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About Tullow Oil

Tullow Oil PLC, identified by the ticker TLW, is an independent oil and gas exploration and production company. Founded in 1985 and headquartered in London, UK, Tullow Oil primarily operates in Africa and South America, focusing on the discovery, development, and monetization of oil and gas reserves. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Ticker
£TLW
Sector
Energy
Primary listing
LSE
Employees
346

Tullow Oil Metrics

BasicAdvanced
£320M
64.14
£0.00
0.43
-

What the Analysts think about Tullow Oil

Analyst ratings (Buy, Hold, Sell) for Tullow Oil stock.
Analyst projections of the future price of Tullow Oil stock.

Bulls say / Bears say

Tullow delivered a strong H1 2026 operational performance, averaging 43.7 kboepd (including 7.5 kboepd gas), with Jubilee and TEN assets outperforming expectations and FPSO uptime above 99%, underpinning an upgraded full-year free cash flow guidance of $170–250 million (Investegate)
On 27 April 2026, Tullow successfully completed a comprehensive refinancing transaction backed by over 99% of bondholders and Glencore, extending senior note maturities to 2028/2030 and reducing cash interest costs to secure its financial runway (Investegate)
Tullow agreed on 13 July 2026 to accelerate the receipt of an additional $9 million and terminate royalty and back-in rights on the sale of its Kenya assets, simplifying the portfolio and strengthening near-term liquidity (Tullow Oil)
Despite completing a refinancing, Tullow’s credit ratings remain firmly in the sub-investment grade category at CCC+ (S&P), Caa3 (Moody’s) and CCC+ (Fitch), reflecting ongoing leverage concerns and reliance on favourable oil prices (Tullow Oil)
As of 30 June 2026, gross debt stood at c. $1.6 billion (net debt c. $1.4 billion) with liquidity headroom just over $250 million, leaving limited financial cushion against commodity price volatility or unplanned capital demands (Investegate)
Tullow’s upgraded free cash flow guidance of $170–250 million for 2026 depends on oil realisations averaging c. $93–95/bbl; any material drop in Brent below this level could rapidly erode cash generation and strain the balance sheet (Investegate)
Data summarised monthly by Lightyear AI. Last updated on 26 Aug 2026.

Tullow Oil Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Tullow Oil Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
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Market data provided by London Stock Exchange, through Infront.