Tullow Oil plc (LON:TLW) Insider Acquires £81,000 in Stock

Tullow Oil plc (LON:TLWGet Free Report) insider Roald Goethe purchased 300,000 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were acquired at an average cost of GBX 27 ($0.34) per share, for a total transaction of £81,000 ($103,421.86).

Tullow Oil Price Performance

Shares of LON TLW opened at GBX 28.18 ($0.36) on Monday. The business has a fifty day moving average price of GBX 31.07 and a two-hundred day moving average price of GBX 32.34. The stock has a market capitalization of £411.43 million, a PE ratio of -450.33, a P/E/G ratio of -0.19 and a beta of 2.08. The company has a debt-to-equity ratio of 457.18, a current ratio of 0.70 and a quick ratio of 0.63. Tullow Oil plc has a fifty-two week low of GBX 26.32 ($0.34) and a fifty-two week high of GBX 40.32 ($0.51).

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group lowered their target price on shares of Tullow Oil from GBX 30 ($0.38) to GBX 25 ($0.32) and set an “underperform” rating on the stock in a report on Friday, July 5th.

Check Out Our Latest Research Report on Tullow Oil

Tullow Oil Company Profile

(Get Free Report)

Tullow Oil plc engages in the oil and gas exploration, development, and production activities primarily in Africa, Europe, and South America. The company was founded in 1985 and is headquartered in London, the United Kingdom.

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