Capricorn Energy ditches Tullow deal in favour of NewMed

29th Sep 2022 10:32

(Sharecast News) - Capricorn Energy said on Thursday that it was no longer going ahead with a planned merger with Tullow Oil and will instead be merging with Israel's NewMed Energy.

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Tullow Oil H1 gross profits surge as sales revenues grow

14th Sep 2022 07:21

(Sharecast News) - Exploration and production firm Tullow Oil said on Wednesday that sales revenues and gross profits had grown in the six months ended 30 June as the group's turnaround gained momentum throughout the period.

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Shareholder Palliser urges Capricorn to call off Tullow deal

9th Aug 2022 08:02

(Sharecast News) - Palliser Capital, one of Capricorn Energy's largest shareholders, has called on the company to withdraw its recommendation for the agreed merger with Tullow Energy.

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Tullow Oil plugs and abandons well offshore Guyana

5th Aug 2022 08:02

(Sharecast News) - Tullow Oil said on Friday that it has plugged and abandoned an exploration well offshore Guyana.

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Tullow Oil maintains guidance after solid first half

13th Jul 2022 08:11

(Sharecast News) - Tullow Oil reported a solid first half on Wednesday, leaving it on track to make $200m in free cash flow this year.

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JP Morgan says combination of Tullow and Capricorn can add scale and unlock growth

22nd Jun 2022 10:08

(Sharecast News) - Analysts at JP Morgan resumed their coverage of shares of Tullow Oil at 'overweight' following a period of 'restriction' after the announcement of the outfit's merger with Capricorn.

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LGIM expresses doubts over Tullow/Capricorn merger

13th Jun 2022 09:47

(Sharecast News) - UK asset manager Legal & General Investment Management made a rare public intervention and come out against a planned merger between Tullow Oil and Capricorn Energy.

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Tullow Oil to buy Capricorn Energy in all-share deal

1st Jun 2022 08:06

(Sharecast News) - Tullow Oil said on Wednesday that it has agreed to buy Capricorn Energy in an all-share deal.

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Tullow Oil shares surge after lifting Ghana field interests

21st Mar 2022 14:44

(Sharecast News) - Tullow Oil shares surged on Monday after the company revealed it had spent $118m (£89m) expanding its interests in Ghana.

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Shares slide at Tullow as annual results disappoint

9th Mar 2022 10:57

(Sharecast News) - Shares in Tullow Oil fell sharply on Wednesday after its full-year results disappointed, despite soaring energy prices.

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Barclays upgrades Tullow, downgrades EnQuest

4th Feb 2022 09:23

(Sharecast News) - Barclays upgraded Tullow Oil but downgraded Enquest on Friday as it changed its rating on the European oil and gas sector to 'neutral' from 'negative'.

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Canaccord Genuity lowers target price on Tullow Oil

2nd Feb 2022 11:25

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on exploration firm Tullow Oil from 75.0p to 67.0p on Wednesday following the firm's recent trading update.

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RBC Capital Markets lowers target price on Tullow Oil

31st Jan 2022 09:59

(Sharecast News) - Analysts at RBC Capital Markets lowered their target price on exploration and production firm Tullow Oil from 90.0p to 80.0p on Monday following the group's recent trading update.

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Tullow Oil FY group working interest oil production averages 59,200 barrels per day

26th Jan 2022 07:41

(Sharecast News) - Exploration firm Tullow Oil said on Wednesday that group working interest oil production averaged 59,200 barrels of oil equivalent per day, in line with guidance, with notable production growth from its Jubilee field in Ghana and the Simba field in Gabon offsetting lower than expected production from its TEN and Espoir assets.

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Tullow Oil appoints Phuthuma Nhleko as chairman designate

25th Oct 2021 09:47

(Sharecast News) - Tullow Oil has appointed Phuthuma Nhleko as an independent non-executive director and chairman designate.

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