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Nov 16 2022, 07:20 GMT
Tullow Oil
Trading statement
- Sectors : Resource
- Companies : Tullow Oil
DAVY VIEW
Tullow Oil has provided a trading statement outlining that production (slightly narrowed the expected range) is expected to be in line with our forecasts and that its free cashflow guidance has increased. The reduction in leverage continues with net debt:EBITDAX likely to decline below 1.5x by year end.
