The latest update is out from Tullow Oil ( (GB:TLW) ).
Tullow Oil plc announced a transaction involving the purchase of 400,000 ordinary shares by Roald Goethe, a Non-Executive Director of the company. The shares were acquired at varying prices on the London Stock Exchange, totaling £68,010. This transaction reflects a significant investment by a key managerial figure, potentially indicating confidence in the company’s future performance and stability.
More about Tullow Oil
Tullow Oil plc is a multinational oil and gas exploration company, primarily focused on the exploration and production of oil in Africa and South America. The company is known for its significant presence in the oil industry, with a market focus on developing and producing oil in emerging markets.
YTD Price Performance: -20.20%
Average Trading Volume: 6,853,020
Technical Sentiment Signal: Buy
Current Market Cap: £249.7M
Learn more about TLW stock on TipRanks’ Stock Analysis page.