Tullow Oil
Market Cap
UK£341.6m
Last Updated
2020/04/09 22:27 UTC
Data Sources
Company Financials +
Executive Summary
Tullow Oil plc engages in the oil and gas exploration, development, and production activities primarily in Africa and South America.
Snowflake Analysis
Mediocre balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has Tullow Oil's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TLW's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
125.3%
TLW
6.6%
GB Oil and Gas
8.6%
GB Market
1 Year Return
-88.9%
TLW
-34.7%
GB Oil and Gas
-19.4%
GB Market
Return vs Industry: TLW underperformed the UK Oil and Gas industry which returned -36.8% over the past year.
Return vs Market: TLW underperformed the UK Market which returned -23.6% over the past year.
Shareholder returns
| TLW | Industry | Market | |
|---|---|---|---|
| 7 Day | 125.3% | 6.6% | 8.6% |
| 30 Day | 60.9% | 8.4% | -3.5% |
| 90 Day | -55.4% | -34.0% | -23.0% |
| 1 Year | -88.8%-88.9% | -31.3%-34.7% | -15.5%-19.4% |
| 3 Year | -88.2%-88.5% | -8.5%-20.0% | -8.8%-19.9% |
| 5 Year | -92.1%-93.5% | -2.3%-21.9% | 4.2%-19.0% |
Price Volatility Vs. Market
How volatile is Tullow Oil's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Tullow Oil plc Just Reported And Analysts Have Been Cutting Their Estimates1 month ago | Simply Wall St
Why We’re Not Keen On Tullow Oil plc’s (LON:TLW) 4.9% Return On Capital2 months ago | Simply Wall St
Investors Who Bought Tullow Oil (LON:TLW) Shares Five Years Ago Are Now Down 88%Valuation
Is Tullow Oil undervalued compared to its fair value and its price relative to the market?
0.47x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: TLW (£0.27) is trading above our estimate of fair value (£0.26)
Significantly Below Fair Value: TLW is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TLW is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: TLW is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TLW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TLW is overvalued based on its PB Ratio (0.5x) compared to the GB Oil and Gas industry average (0.4x).
Next Steps
Future Growth
How is Tullow Oil forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
52.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TLW is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: TLW is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: TLW is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: TLW's revenue is expected to decline over the next 3 years (-4.8% per year).
High Growth Revenue: TLW's revenue is forecast to decline over the next 3 years (-4.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TLW is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Tullow Oil performed over the past 5 years?
33.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TLW is currently unprofitable.
Growing Profit Margin: TLW is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TLW is unprofitable, but has reduced losses over the past 5 years at a rate of 33.6% per year.
Accelerating Growth: Unable to compare TLW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TLW is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (47.5%).
Return on Equity
High ROE: TLW has a negative Return on Equity (-172.23%), as it is currently unprofitable.
Next Steps
Financial Health
How is Tullow Oil's financial position?
Financial Position Analysis
Short Term Liabilities: TLW's short term assets ($1.5B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: TLW's short term assets ($1.5B) do not cover its long term liabilities ($5.8B).
Debt to Equity History and Analysis
Debt Level: TLW's debt to equity ratio (312.3%) is considered high.
Reducing Debt: TLW's debt to equity ratio has increased from 83.4% to 312.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TLW has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TLW is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 48.3% per year.
Next Steps
Dividend
What is Tullow Oil's current dividend yield, its reliability and sustainability?
0.49%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TLW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TLW's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TLW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TLW's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TLW is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TLW's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Tullow Oil has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.75yrs | US$139.95k | 0.0048% $16.5k | |
| CFO & Executive Director | 2.83yrs | US$1.64m | 0.010% $35.6k | |
| Chief Operating Officer | 0.33yr | no data | no data | |
| Vice President of Corporate Finance | 20.25yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Executive Vice President of West Africa | 3.25yrs | no data | no data | |
| Executive VP of Organisation Strategy & Company Performance | no data | no data | no data | |
| Executive Vice President of Change | 3.25yrs | no data | no data | |
| Executive Vice President of Safety & Sustainability | 3.25yrs | no data | no data | |
| Chief of Staff | no data | no data | no data |
3.3yrs
Average Tenure
57.5yo
Average Age
Experienced Management: TLW's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.75yrs | US$139.95k | 0.0048% $16.5k | |
| CFO & Executive Director | 2.83yrs | US$1.64m | 0.010% $35.6k | |
| Senior Independent Director | 3yrs | US$92.53k | 0.0062% $21.3k | |
| Non Executive Director | 8.08yrs | US$80.99k | 0.000050% $170.8 | |
| Non-Executive Director | 0.42yr | no data | no data | |
| Non-Executive Director | 5.83yrs | US$70.25k | 0.00034% $1.2k | |
| Non-Executive Director | 1yr | no data | no data | |
| Non-Executive Director | 1yr | no data | no data |
2.3yrs
Average Tenure
57.5yo
Average Age
Experienced Board: TLW's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Tullow Oil plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tullow Oil plc
- Ticker: TLW
- Exchange: LSE
- Founded: 1985
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: UK£341.588m
- Shares outstanding: 1.41b
- Website: https://www.tullowoil.com
Number of Employees
Location
- Tullow Oil plc
- 9 Chiswick Park
- 566 Chiswick High Road
- London
- Greater London
- W4 5XT
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TUWL.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| TLW | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| TQW | ISE (Irish Stock Exchange) | Yes | Ordinary Shares | IE | EUR | Jan 1992 |
| TQW | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| TLWL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| TUWO.Y | OTCPK (Pink Sheets LLC) | ADR | US | USD | Dec 2009 | |
| TLW | GHSE (Ghana Stock Exchange) | GBP0.1 | GH | GHS | Jun 2019 |
Biography
Tullow Oil plc engages in the oil and gas exploration, development, and production activities primarily in Africa and South America. Its portfolio comprises 80 licenses covering 195,751 square kilometers in 15 countries. The company was founded in 1985 and is headquartered in London, the United Kingdom.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/09 22:27 |
| End of Day Share Price | 2020/04/09 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.