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Tullow Oil Appoints Ian Perks as New CEO

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Tullow Oil Appoints Ian Perks as New CEO

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Tullow Oil ( (GB:TLW) ) has provided an update.

Tullow Oil has appointed Ian Perks as its new CEO, effective September 15, 2025. With over 30 years of experience in the upstream oil and gas industry, Perks has a proven track record in managing large projects and businesses, particularly in Africa. His appointment is expected to strengthen Tullow’s operations and strategic growth across the continent, leveraging existing assets and enhancing stakeholder value.

The most recent analyst rating on (GB:TLW) stock is a Hold with a £12.00 price target. To see the full list of analyst forecasts on Tullow Oil stock, see the GB:TLW Stock Forecast page.

Spark’s Take on GB:TLW Stock

According to Spark, TipRanks’ AI Analyst, GB:TLW is a Neutral.

The overall score reflects significant financial and technical challenges, with a strong cash flow but high leverage and negative equity. Technical indicators show bearish momentum, while recent corporate events provide some positive outlook due to strategic asset sales and insider confidence.

To see Spark’s full report on GB:TLW stock, click here.

More about Tullow Oil

Tullow Oil is an independent energy company focused on responsible oil and gas development in Africa, with core producing assets in Ghana. The company is committed to achieving Net Zero on its Scope 1 and 2 emissions by 2030 and aims to deliver socio-economic benefits to its host nations. Tullow is listed on the London and Ghanaian stock exchanges.

Average Trading Volume: 6,692,551

Technical Sentiment Signal: Sell

Current Market Cap: £153.8M

Learn more about TLW stock on TipRanks’ Stock Analysis page.

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