Tullow Oil (LON:TLW) Stock Price Down 8.5% – What’s Next?

Posted by Michael Walen on Jun 20th, 2025

Shares of Tullow Oil plc (LON:TLW – Get Free Report) dropped 8.5% during mid-day trading on Wednesday . The stock traded as low as GBX 19.34 ($0.26) and last traded at GBX 19.57 ($0.26). Approximately 81,845,609 shares changed hands during trading, an increase of 768% from the average daily volume of 9,429,281 shares. The stock had previously closed at GBX 21.40 ($0.29).

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TLW. Shore Capital reiterated a “buy” rating on shares of Tullow Oil in a report on Wednesday, June 4th. Canaccord Genuity Group boosted their target price on Tullow Oil from GBX 14 ($0.19) to GBX 16 ($0.22) and gave the stock a “hold” rating in a research report on Thursday, May 29th.

View Our Latest Stock Report on TLW

Tullow Oil Stock Down 1.6%

The company has a debt-to-equity ratio of -1,776.31, a quick ratio of 0.63 and a current ratio of 0.70. The stock’s 50 day moving average price is GBX 14.80 and its 200-day moving average price is GBX 17.21. The company has a market cap of £334.06 million, a PE ratio of 21.34, a PEG ratio of -0.19 and a beta of 2.08.

Insiders Place Their Bets

In related news, insider Roald Goethe purchased 150,000 shares of Tullow Oil stock in a transaction that occurred on Friday, April 4th. The shares were acquired at an average cost of GBX 14 ($0.19) per share, for a total transaction of £21,000 ($28,279.02). Insiders acquired 400,000 shares of company stock valued at $5,900,000 over the last three months. Insiders own 24.59% of the company’s stock.

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.