Tullow Oil (LON:TLW) Shares Down 12.3% – Here’s What Happened

Tullow Oil plc (LON:TLW) traded down 12.3% during trading on Monday . The company traded as low as GBX 6.44 and last traded at GBX 7.11. 14,865,816 shares traded hands during trading, an increase of 39% from the average session volume of 10,732,723 shares. The stock had previously closed at GBX 8.11.

Trending Headlines about Tullow Oil

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

• Neutral Sentiment: The article frames the move as a market-driven drop and advises decisions be based on individual risk tolerance, time horizon and upcoming catalysts (oil prices, production updates, asset sales) rather than a one-size-fits-all call. Tullow Oil (LON:TLW) Trading Down 11.3% – Should You Sell?
• Negative Sentiment: The piece highlights near-term negative signals: elevated trading volume versus average, continued weak fundamentals (negative P/E, low current/quick ratios) and high share-price volatility — all reasons contributing to the selling pressure. Tullow Oil (LON:TLW) Trading Down 11.3% – Should You Sell?

Analyst Upgrades and Downgrades

Several research firms recently commented on TLW. Panmure Gordon dropped their price target on shares of Tullow Oil from GBX 7.80 to GBX 5.40 and set a “sell” rating on the stock in a research report on Monday, November 24th. Jefferies Financial Group cut their price target on Tullow Oil from GBX 12 to GBX 6 and set an “underperform” rating for the company in a research note on Monday, October 20th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Tullow Oil currently has an average rating of “Reduce” and an average price target of GBX 12.85.

Tullow Oil Trading Down 12.3%

The firm has a market cap of £104.87 million, a price-to-earnings ratio of -0.51, a price-to-earnings-growth ratio of -0.19 and a beta of 2.08. The company’s 50-day moving average price is GBX 6.39 and its 200-day moving average price is GBX 9.25. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of -1,776.31.

About Tullow Oil

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.