Tullow Oil (LON:TLW) Shares Down 17.1% – Here’s What Happened

Posted by Sarita Garza on Jun 18th, 2025

Tullow Oil plc (LON:TLW – Get Free Report)’s stock price dropped 17.1% on Wednesday . The stock traded as low as GBX 16.14 ($0.22) and last traded at GBX 17.74 ($0.24). Approximately 107,394,563 shares changed hands during trading, an increase of 1,013% from the average daily volume of 9,649,530 shares. The stock had previously closed at GBX 21.40 ($0.29).

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Shore Capital restated a “buy” rating on shares of Tullow Oil in a research note on Wednesday, June 4th. Canaccord Genuity Group increased their price target on Tullow Oil from GBX 14 ($0.19) to GBX 16 ($0.21) and gave the stock a “hold” rating in a research note on Thursday, May 29th.

View Our Latest Analysis on Tullow Oil

Tullow Oil Stock Down 16.4%

The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of -1,776.31. The company has a 50 day simple moving average of GBX 14.61 and a two-hundred day simple moving average of GBX 17.23. The company has a market capitalization of £330.73 million, a P/E ratio of 21.13, a PEG ratio of -0.19 and a beta of 2.08.

Insider Transactions at Tullow Oil

In related news, insider Roald Goethe bought 150,000 shares of Tullow Oil stock in a transaction dated Friday, April 4th. The shares were acquired at an average cost of GBX 14 ($0.19) per share, with a total value of £21,000 ($28,191.70). Over the last three months, insiders have acquired 400,000 shares of company stock worth $5,900,000. 24.59% of the stock is currently owned by company insiders.

About Tullow Oil

(Get Free Report)

Tullow is an independent energy company that is building a better future through responsible oil and gas development in Africa. The Company’s operations are focused on its West-African producing assets in Ghana, Gabon and Côte d’Ivoire, alongside a material discovered resource base in Kenya. Tullow is committed to becoming Net Zero on its Scope 1 and 2 emissions by 2030 and has a Shared Prosperity strategy that delivers lasting socio-economic benefits for its host nations.