Thursday preview: Brexit, Severn Trent, Tullow Oil
21st Nov 2018 16:53
(Sharecast News) - The market spotlight on Thursday will be on the headlines around the results of the Prime Minister's visit to Brussels and her talks with European Commission chief, Jean-Claude Juncker, regarding the UK's long-term partnership agreement with the bloc.
Read moreTuesday broker round-up
20th Nov 2018 14:00
(Sharecast News) - Coats: RBC Capital Markets initiates at outperform with a target price of 110p.
Read moreBerenberg sees 'more value' in the exploration and production space
1st Nov 2018 14:16
(Sharecast News) - Analysts at Berenberg feel the worst may finally be over for oil and gas exploration and production outfits, with the sector having emerged from its latest downturn stronger than before and ready to reap the benefits of a stronger commodities market.
Read moreFTSE 250 movers: Travis Perkins falls apart while Just Group ripens
26th Oct 2018 14:45
(Sharecast News) - London's FTSE 250 was down 0.72% to 18,398.42 in afternoon trade on Friday, as the index's tech companies faltered.
Read moreSoaring crude price works in Tullow Oil's favour, argues Morgan Stanley
8th Oct 2018 14:03
(Sharecast News) - Morgan Stanley does not believe Tullow Oil's shares reflect recent gains in crude, and has upped its price target for the FTSE 250 producer.
Read moreMonday broker round-up
8th Oct 2018 13:07
(Sharecast News) - Mediclinic International: Investec upgrades to buy with a target price of 448p.
Read moreGlobal Petroleum remains confident of Namibian asset's value
2nd Oct 2018 12:59
(Sharecast News) - Global Petroleum told investors on Tuesday that it had been encouraged by results from a recent study on the viability of its offshore Namibia oil portfolio.
Read moreTullow Oil plugs and abandons Namibia exploration well
24th Sep 2018 08:27
(Sharecast News) - Tullow Oil announced on Monday that the Cormorant-1 exploration well in the PEL-37 licence, offshore Namibia, had encountered non-commercial hydrocarbons, with the well now being plugged and abandoned.
Read moreMonday broker round-up
17th Sep 2018 15:10
(Sharecast News) - Sophos: Deutsche Bank downgrades to hold with a target price of 530p.
Read moreTullow Oil a 'buy' as meaningful exploration returns - Canaccord
17th Sep 2018 10:09
(Sharecast News) - With Tullow Oil showing "clear signs of a return to meaningful exploration", analysts at Canaccord Genuity raised their rating on the group to 'buy' on Monday.
Read moreTullow Oil founder bows out after swing to first-half profit
25th Jul 2018 08:55
(Sharecast News) - Tullow Oil turned in a profit from the first half of its trading year, a considerable turnaround from the loss of $557.9m reported in the same period a year earlier.
Read moreTullow Oil revenue falls while losses narrow
8th Feb 2017 08:31
(ShareCast News) - Independent oil and gas exploration and production group Tullow Oil announced its full year results for the year to 31 December on Wednesday, with sales revenue falling 21% to $1.27bn and gross profit down 8% to $546.9m. The FTSE 250 company said its administrative expenses were 4
Read moreTullow Oil tanks on HSBC downgrade
19th Jan 2017 10:02
(ShareCast News) - Tullow Oil tanked on Thursday after HSBC downgraded the stock to 'hold' from 'buy' but lifted the target price to 320p from 270p, saying the shares offer "limited upside". The oil exploration and production company's shares have risen 19% since OPEC announced output cuts in late N
Read moreTullow makes new oil discovery in Kenya
17th Jan 2017 07:42
(ShareCast News) - Tullow Oil has made a new oil discovery at the Erut-1 well in Block 13T in Northern Kenya. The well was drilled to a depth of 1,318 metres and cut a 25 metre interval at 700m and Tullow said the overall oil column for the field is considered to be 100 to 125 metres. The Erut-1 we
Read moreThursday broker round-up
12th Jan 2017 13:49
(ShareCast News) - Hays: Deutsche Bank upgrades to Hold with a target price of 160p. Pagegroup: Jefferies reiterates Hold with a target price of 395p. Taylor Wimpey: Deutsche Bank reiterates Buy with a target price of 244p. Sainsbury: HSBC maintains Reduce with a target price of 205p. Tullow Oil:
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