Tullow Oil (LON:TLW) Shares Up 23.1% – Still a Buy?

Tullow Oil plc (LON:TLW)’s share price rose 23.1% during trading on Thursday . The stock traded as high as GBX 10.90 and last traded at GBX 10.50. Approximately 63,336,352 shares were traded during trading, an increase of 439% from the average daily volume of 11,745,229 shares. The stock had previously closed at GBX 8.53.

Key Headlines Impacting Tullow Oil

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

• Neutral Sentiment: No articles attached — please paste the items you want summarized so I can produce article-specific bullets and links.
• Neutral Sentiment: Market snapshot: shares are trading lower on high volume versus average, the 50-day MA (GBX 7.05) is below current levels while the 200-day MA (GBX 8.72) is near current levels; 52‑week range is GBX 3.51–21.50 and market cap is ~£146m. (This is from your supplied data.)
• Neutral Sentiment: Watch list of news topics that typically move TLW: oil price swings, production / appraisal updates, licence/asset sales, RNS guidance on cash/debt, and any equity or bond financing announcements.
• Negative Sentiment: Trading pattern: the combination of a share-price decline and a large intraday volume spike suggests selling pressure or position adjustments (reaction to news or increased risk aversion). This is likely the main driver of today’s share weakness.
• Negative Sentiment: Fundamentals raising investor caution: negative P/E, very low liquidity ratios (current ratio ~0.70, quick ratio ~0.63), and high leverage metrics imply refinancing, asset-sale or dilution risk — items that often depress sentiment absent reassuring updates from management.

Wall Street Analyst Weigh In

Separately, Panmure Gordon decreased their price target on Tullow Oil from GBX 7.80 to GBX 5.40 and set a “sell” rating for the company in a research note on Monday, November 24th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Tullow Oil currently has a consensus rating of “Reduce” and a consensus target price of GBX 12.85.

Tullow Oil Trading Down 5.6%

The company’s fifty day moving average is GBX 7.13 and its 200-day moving average is GBX 8.69. 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 firm has a market capitalization of £146.17 million, a P/E ratio of -0.71, a P/E/G ratio of -0.19 and a beta of 2.08.

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.