Tullow Oil

Compelling risk/return profile within positive sector outlook

  • Sectors : Resource
  • Companies : Tullow Oil

Ratings and price correct at time of issue.

  • Tullow Oil

    Closing Price: 41.9p

  • RATING 15/01/20

  • PREVIOUS RATING 09/12/19

    UNDER REVIEW

Person's Name

Colin Grant

Analyst

DAVY VIEW

We expect the oil sector to deliver multi-year outperformance from current levels. Strong demand growth is combining with structural headwinds to supply, and the return of inflation adds to the market backdrop. Tullow Oil’s operating and financial leverage make it a compelling higher risk/higher return alternative to the oil majors.

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Dec 15 2021, 06:45 GMT

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