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Davy Research

Tullow Oil

Trading statement

Jan 27 2021, 07:15 GMT
Colin Grant
Company Report
6 page(s)

Sectors : Resource

Companies : Tullow Oil

Ratings and price correct at time of issue.

Tullow Oil

Closing Price: 31.2p
RATING 15/01/20
OUTPERFORM
PREVIOUS RATING 09/12/19

UNDER REVIEW

Colin Grant

Analyst

DAVY VIEW

Tullow Oil’s trading statement provides an update on operating performance in 2020, an outlook for 2021 and an update on discussions with creditors. The increased oil price since the Capital Markets Day in November has helped the outlook, while refinancing discussions have been extended by up to one month.

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Jan 27 2021, 07:15 GMT

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Tullow Oil

Trading statement

Tullow Oil

RATING 15/01/20

UNDER REVIEW

Colin Grant

DAVY VIEW

Download full report with analyst certification and important disclosures