Tullow Oil (LON:TLW) Stock Price Up 23.1% – Should You Buy?

Tullow Oil plc (LON:TLWGet Free Report)’s share price traded up 23.1% during mid-day trading on Thursday . The company traded as high as GBX 10.90 and last traded at GBX 10.50. 63,336,352 shares were traded during trading, an increase of 439% from the average session volume of 11,745,229 shares. The stock had previously closed at GBX 8.53.

Key Headlines Impacting Tullow Oil

Here are the key news stories impacting Tullow Oil this week:

  • Neutral Sentiment: No articles attached — please paste the items you want summarized so I can produce article-specific bullets and links.
  • Neutral Sentiment: Market snapshot: shares are trading lower on high volume versus average, the 50-day MA (GBX 7.05) is below current levels while the 200-day MA (GBX 8.72) is near current levels; 52‑week range is GBX 3.51–21.50 and market cap is ~£146m. (This is from your supplied data.)
  • Neutral Sentiment: Watch list of news topics that typically move TLW: oil price swings, production / appraisal updates, licence/asset sales, RNS guidance on cash/debt, and any equity or bond financing announcements.
  • Negative Sentiment: Trading pattern: the combination of a share-price decline and a large intraday volume spike suggests selling pressure or position adjustments (reaction to news or increased risk aversion). This is likely the main driver of today’s share weakness.
  • Negative Sentiment: Fundamentals raising investor caution: negative P/E, very low liquidity ratios (current ratio ~0.70, quick ratio ~0.63), and high leverage metrics imply refinancing, asset-sale or dilution risk — items that often depress sentiment absent reassuring updates from management.

Wall Street Analyst Weigh In

Separately, Panmure Gordon decreased their target price on Tullow Oil from GBX 7.80 to GBX 5.40 and set a “sell” rating for the company in a research report on Monday, November 24th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of GBX 12.85.

Read Our Latest Research Report on TLW

Tullow Oil Trading Down 5.6%

The company has a fifty day moving average of GBX 7.13 and a 200-day moving average of GBX 8.69. The company has a debt-to-equity ratio of -1,776.31, a current ratio of 0.70 and a quick ratio of 0.63. The firm has a market capitalization of £146.17 million, a PE ratio of -0.71, a price-to-earnings-growth ratio of -0.19 and a beta of 2.08.

About Tullow Oil

(Get Free Report)

Tullow is an independent energy company that is building a better future through responsible oil and gas development in Africa. Tullow’s operations are focused on its core producing assets in Ghana. Tullow is committed to becoming Net Zero on its Scope 1 and 2 emissions by 2030, with a Shared Prosperity strategy that delivers lasting socio-economic benefits for its host nations. The Group is quoted on the London and Ghanaian stock exchanges (symbol: TLW).

For further information, please refer to: www.tullowoil.com.

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