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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Tullow Oil    TLW   GB0001500809

TULLOW OIL

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Uganda says it has reached deal on tax dispute, paves way for Tullow stake sale

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12/02/2019 | 06:24am EST
Workers are seen at an oil exploration site in Bulisa district North-West of Kampala

Uganda said on Monday it had reached a deal with international oil firms on a tax dispute, clearing the way for Britain's Tullow Oil to revive plans to sell a stake in its assets and allow the firms to move to a final investment decision.

Hanns Kyazze, a communications specialist at the ministry of energy and mineral development, said the government had offered the companies a deal to end the dispute.

"They (firms) have now accepted that proposal and are moving on to ensure that package of proposed terms is operationalised," Kyazze told Reuters.

(Reporting by Elias Biryabarema; Editing by Duncan Miriri and Toby Chopra)

Stocks treated in this article : London Brent Oil, WTI, Tullow Oil
Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL 0.80% 64.33 Delayed Quote.16.84%
TULLOW OIL 15.07% 46.04 Delayed Quote.-77.70%
WTI 0.68% 59.09 Delayed Quote.28.48%
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Financials (USD)
Sales 2019 1 858 M
EBIT 2019 711 M
Net income 2019 205 M
Debt 2019 2 894 M
Yield 2019 15,4%
P/E ratio 2019 3,70x
P/E ratio 2020 3,07x
EV / Sales2019 1,95x
EV / Sales2020 1,80x
Capitalization 738 M
Chart TULLOW OIL
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Tullow Oil Technical Analysis Chart | MarketScreener
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Technical analysis trends TULLOW OIL
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 2,64  $
Last Close Price 0,52  $
Spread / Highest target 607%
Spread / Average Target 402%
Spread / Lowest Target 291%
EPS Revisions
Managers
NameTitle
Paul McDade Chief Executive Officer & Executive Director
Dorothy Carrington Thompson Chairman
Sandy Stash EVP-Safety, Operations & Engineering
George Leslie Wood Chief Financial Officer & Executive Director
Angus Murray McCoss Executive Director & Exploration Director
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