Added to YB: 2025-06-19
Pitch date: 2025-06-17
TLW.L [bearish]
Tullow Oil plc
+22.24%
current return
Author Info
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Company Info
Tullow Oil plc, an energy company, develops, produces, and sells oil and gas resources in Ghana, Gabon, Côte d’Ivoire, Kenya, and Argentina.
Market Cap
GBP 405.3M
Pitch Price
GBP 0.20
Price Target
N/A
Dividend
N/A
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
Show full summary:
[SHORT] Tullow Oil
TLW.L short: Production dwindling rapidly - Jubilee down 28% YoY, TEN struggling at $60/bbl cost. $1.6bn debt vs $1.45bn YE, net -$30m FCF at $65 oil. Asset sales ($420m: Gabon $300m, Kenya $80m) vital but precarious. Working capital crunch (-$280m to -$380m) risks insolvency. 26' bonds at 30% yield; equity wipeout likely.
Read full article (5 min)