Company report
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44 Pages

Tullow Oil corporate - reported results analysis


Tullow Oil corporate - reported results analysis

Report summary

Tullow reported free cash flow of US$0.2 billion in its H1 2017 results. But an impairment charge weighed heavily on net earnings, resulting in an after-tax loss of US$309 million. Net debt was down 21% to US$3.8 billion (relative to year end 2016). With growth back on the agenda, additional work is still needed to demonstrate that the East Africa projects are viable in a low oil price environment. Plans are underway to drill the Araku-1 high-impact exploration well in Suriname and a commercial discovery would reinvigorate confidence in Tullow's exploration strategy. 


What's included?

This report includes 1 file(s)

  • Tullow Oil corporate - reported results analysis PDF - 472.43 KB 44 Pages, 0 Tables, 2 Figures

Description

The upstream oil and gas industry conducts activities against a backdrop of growing energy and environmental challenges. Political instabilities, international conflicts and government and environmental regulation have all impacted the production process.

This has forced companies to re-examine their corporate strategy, moving away from high-risk exploratory drilling to lower-risk exploration in mature basins as they search for increased returns.

This Upstream Oil and Gas Reported Results Analysis report provides rapid response analysis on company quarterly results and strategy presentations. Use it to gain the upper hand with Wood Mackenzie's opinion on the latest corporate developments.

Widely used by both the energy and financial sectors, our report gives you a unique perspective on key strategic and financial challenges, as well as opportunities facing this oil and gas company.

Wood Mackenzie provides an independent evaluation and expert opinion on the operational performance, strategy and future of the world's top oil and gas companies. Our unique, objective analysis helps you understand, validate, compare and challenge market and corporate views so you can assess strategic opportunities.

  • H1 2017
    • Key takeaways
    • Overview
  • 2016 Full Year Results
    • Overview
    • Strategy/investment
    • Operational performance
    • Financial performance
    • Exploration
    • M&A
  • Trading Update - November 2016
    • Overview
    • Strategy/investment
    • Operational performance
    • Financial performance
    • Exploration
    • M&A
  • 2H 2016
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Trading Update - April 2016
    • Overview
    • Strategy / Investment
    • Operational performance
    • Financial performance
    • Exploration
  • H2 2015
    • Overview
    • Strategy/ Investment
    • Operational performance
    • Financial performance
    • M&A
    • Exploration
  • Trading Statement and Operational Update - January 2016 
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Trading Update - November 2015
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
    • Exploration
  • Q2 2015
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Trading Statement and Operational Update - July 2015
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Interim Management Statement - April 2015
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Q4 2014
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Trading Statement and Operational Update - January 2015
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Interim Management Statement - November 2014
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Q2 2014
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
    • Exploration
  • Trading Statement and Operational Update - July 2014
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • 2014 Capital Markets Day
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
      • Core regions
      • Frontier regions
  • Interim Management Statement - April 2014
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
      • Africa
      • Europe
      • South America
    • M&A
  • Q4 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
      • Africa
      • Europe
      • Latin America
    • M&A
  • Trading Statement and Operational Update - January 2014
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
  • Q3 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
      • Africa
      • Latin America
      • Europe
    • M&A
  • H1 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
      • Africa
      • Europe
    • M&A
  • Q2 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • Exploration
      • Africa
      • Latin America
      • Europe
  • Q1 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
    • Exploration
      • Africa
      • Latin America
      • Europe

In this report there are 2 tables or charts, including:

  • H1 2017
    • Tullow: evolution of quarterly net income
    • Tullow: evolution of quarterly production
  • 2016 Full Year Results
  • Trading Update - November 2016
  • 2H 2016
  • Trading Update - April 2016
  • H2 2015
  • Trading Statement and Operational Update - January 2016 
  • Trading Update - November 2015
  • Q2 2015
  • Trading Statement and Operational Update - July 2015
  • Interim Management Statement - April 2015
  • Q4 2014
  • Trading Statement and Operational Update - January 2015
  • Interim Management Statement - November 2014
  • Q2 2014
  • Trading Statement and Operational Update - July 2014
  • 2014 Capital Markets Day
  • Interim Management Statement - April 2014
  • Q4 2013
  • Trading Statement and Operational Update - January 2014
  • Q3 2013
  • H1 2013
  • Q2 2013
  • Q1 2013
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