Tullow Oil

FY2023 results

  • Sectors : Resource
  • Companies : Tullow Oil

Ratings and price correct at time of issue.

  • Tullow Oil

    Closing Price: 28.3p

  • RATING 15/01/20

  • PREVIOUS RATING 09/12/19

    UNDER REVIEW

DAVY VIEW

Tullow’s FY2023 results follow the trading statement provided on January 24th. The company retains its forecast of achieving $800m of free cashflow during 2023-2025. Net debt was $1.6bn at end-2023 and is expected to decline below $1.4bn by year-end. All of this is in line with our forecasts.

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Mar 6 2024, 08:20 GMT

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