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

Tullow Oil plc (LON:TLW)’s share price rose 23.1% during mid-day trading on Thursday . The company traded as high as GBX 10.90 and last traded at GBX 10.50. Approximately 63,336,352 shares traded hands 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 Tullow Oil News

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

• Positive Sentiment: Higher oil prices or sustained Brent gains — boosts revenue and cashflow for producers and tends to lift TLW. (I will flag specific price moves and sensitivities when you supply the articles.)
• Positive Sentiment: Operational/production upgrades or successful well results — evidence of higher volumes or lower unit costs generally supports the stock.
• Positive Sentiment: Asset sales, farm‑downs or debt reductions — any announced non‑core disposals or refinancing that improve the balance sheet can materially reduce perceived risk and lift the equity.
• Neutral Sentiment: Guidance updates or analyst commentary — these can move the stock depending on tone, but are neutral until tied to specific figures or operational outcomes.
• Neutral Sentiment: Regulatory or partner approvals — routine approvals are expected; timing updates matter but are not automatically positive or negative.
• Negative Sentiment: Production setbacks, operating incidents or missed targets — negative surprises on output or higher costs pressure near‑term earnings and sentiment.
• Negative Sentiment: Worsening balance sheet metrics or covenant breaches — given TLW’s elevated leverage profile, any sign of financing stress is particularly damaging.
• Negative Sentiment: Large downward revisions to commodity prices or macro shocks — sharp oil price drops typically reduce revenues and valuation for exploration & production names.

Analyst Upgrades and Downgrades

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

Tullow Oil Stock Up 23.1%

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. The stock has a market cap of £154.88 million, a PE ratio of -0.75, a price-to-earnings-growth ratio of -0.19 and a beta of 2.08. The firm has a fifty day moving average of GBX 6.96 and a 200 day moving average of GBX 8.71.

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.