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Tullow Oil Releases 2024 Government Payments Report

Story Highlights
  • Tullow Oil is a multinational company focused on oil and gas exploration in Africa and South America.
  • The company reported significant payments to governments in 2024, highlighting its economic contributions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

An announcement from Tullow Oil ( (GB:TLW) ) is now available.

Tullow Oil has released its report on payments to governments for the year 2024, detailing financial transactions with various governments in accordance with regulatory requirements. The report highlights significant payments made in the form of income taxes, royalties, and infrastructure improvement payments, reflecting Tullow’s ongoing commitments and financial interactions with host countries. This disclosure underscores the company’s transparency and its role in contributing to the economies of the countries where it operates.

The most recent analyst rating on (GB:TLW) stock is a Sell with a £18.00 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.

Tullow Oil’s stock score of 61 reflects a balance of strong cash flow and strategic corporate actions against significant balance sheet risks and bearish technical indicators. The low P/E ratio suggests undervaluation, but financial stability and profitability remain key areas for improvement.

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

More about Tullow Oil

Tullow Oil plc is a multinational oil and gas exploration company, primarily focused on Africa and South America. The company is involved in the exploration, development, and production of oil and gas resources, with a significant presence in countries such as Ghana, Kenya, and Gabon.

Average Trading Volume: 7,092,231

Technical Sentiment Signal: Sell

Current Market Cap: £199.8M

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

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