Company Report
Tullow Oil corporate report
Report summary
Tullow is fighting for its survival. The company was already facing challenges before the oil price plunge: a run of disappointing results during 2019 culminated in management changes and material downgrades to the 2020 production outlook. The company has lost over 80% of its market value in the last six months. With gearing at 76%, the importance of deleveraging cannot be over emphasised. Addressing the balance sheet challenges is only half the battle for Tullow's incoming CEO. A strategy reset is also on the cards, redefining Tullow’s focus. Like other E&Ps, Tullow also needs to articulate its ESG strategy, if it wants to remain investable.
Table of contents
-
Overview
- Redefining the strategic priorities
- Recent market performance
- Overview
- Company targets
- Financial outlook
- Hedging
-
Production outlook
- Overview
- Portfolio renewal/Business Development
- Business Development
- Exploration
Tables and charts
This report includes 16 images and tables including:
- Tullow Oil: Debt maturities vs. cashflow (2020 -2025)
- Net debt outlook
- WM Brent base price cash flow breakeven
- Benchmark: share price performance
- Tullow: market premium/discount
- Tullow production outlook: 2020 -2030
- Benchmarking: Indexed production
- Woodmac average ILTOP: 2016 2020
- Tullow net exploration acreage by country
- Base price assumptions (nominal terms)
- Base price assumptions (nominal terms)
- Base, high and low Brent (nominal terms)
- High price assumptions
- Low price assumptions
- Value assumptions
- Foreign exchange rate assumptions
What's included
This report contains:
Other reports you may be interested in
04 May 2016
Sub-Saharan Africa upstream month in brief: 4 May 2016
Insight
Sub-Saharan Africa upstream month in brief: 4 May 2016
Our opinion on the key stories across SSA in April, including the Uganda/Tanzania pipeline agreement
$1,35013 December 2019
Can Tullow save itself?
Insight
Can Tullow save itself?
Tullow has been through a torrid period. Can the company save itself?
$1,35030 January 2017
Corporate week in brief: Q4 results season gets into full swing
Insight
Corporate week in brief: Q4 results season gets into full swing
We analyse Chevron, Hess and Murphy’s Q4 results and Continental’s aggressive tight oil investment plans. We also look at the latest M&A.
$700
