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Davy Research

Tullow Oil

Upgrading forecasts

Apr 5 2022, 06:45 IST/BST
Colin Grant
Company Report
12 page(s)

Sectors : Resource

Companies : Tullow Oil

Ratings and price correct at time of issue.

Tullow Oil

Closing Price: 54.5p
RATING 15/01/20
OUTPERFORM
PREVIOUS RATING 09/12/19

UNDER REVIEW

Colin Grant

Analyst

DAVY VIEW

We have made material upgrades to our forecasts. Operating performance is in line with guidance and supported by high oil prices and the recent exercise of the pre-emption rights in Ghana. Despite the energy crisis, investments in oil and gas supply receive no policy support. The sector represents a huge opportunity.

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Apr 5 2022, 06:45 IST/BST

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Tullow Oil

Upgrading forecasts

Tullow Oil

RATING 15/01/20

UNDER REVIEW

Colin Grant

DAVY VIEW

Download full report with analyst certification and important disclosures