Tullow Oil

FY2022 results

  • Sectors : Resource
  • Companies : Tullow Oil

Ratings and price correct at time of issue.

  • Tullow Oil

    Closing Price: 34.3p

  • RATING 15/01/20

  • PREVIOUS RATING 09/12/19

    UNDER REVIEW

DAVY VIEW

FY2022 results had largely been disclosed in the January trading statement. Tullow further reduced its net debt:EBITDAX to only 1.3x. Investments in Jubilee, which is the key producing asset in the group are set to support growth in 2023. Tullow’s reserves and resources continue to be very significant.

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Mar 8 2023, 07:10 GMT

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