Sci-tech

Tullow Oil expects to report revenue of $1.7bn for 2017

Tullow Oil expects to report revenue of $1.7bn for 2017”

Investors sentiment increased to 1.2 in 2017 Q3. Its up 0.86, from 1.59 in 2017Q2.

The company expects to produce between 86,000 and 95,000 barrels of oil equivalent per day (boepd) in 2018. Peoples Fin Services accumulated 1,715 shares.

Tullow said 2017 oil production in west Africa, where its Jubilee and Ten oilfields are located, exceeded expectations for the year, averaging 89,100 barrels of oil per day (bopd). Wells Fargo & Mn owns 216,702 shares or 0% of their USA portfolio. Guggenheim Cap Limited Liability Com holds 0.01% or 399,834 shares. Royal Bank Of Canada holds 0% of its portfolio in Premier Oil plc (LON:PMO) for 199,965 shares.

By around 9:45, Tullow Oil shares were up 5.1p or 2.235% changing hands at 226.5p. Sei Investments, Pennsylvania-based fund reported 7,000 shares. Lsv Asset holds 0% of its portfolio in Simmons First National Corporation (NASDAQ:SFNC) for 6,300 shares. They expect $0.18 earnings per share, up 12.50% or $0.02 from last year's $0.16 per share. Rmb Ltd has 0.01% invested in Premier Oil plc (LON:PMO) for 27,988 shares. Deutsche Bank raised their target price on shares of Tullow Oil from GBX 200 ($2.71) to GBX 210 ($2.85) and gave the stock a buy rating in a report on Friday, October 13th. Therefore 51% are positive. Tullow Oil PLC had 355 analyst reports since July 23, 2015 according to SRatingsIntel. Eight equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock.

Shares of Tullow Oil plc (LON:TLW) opened at 281.5423 on Friday. The rating was maintained by Canaccord Genuity on Wednesday, March 22 with "Hold". The company has a consensus rating of "Hold" and a consensus target price of GBX 229.48 ($3.11). The rating was maintained by Credit Suisse with "Underperform" on Monday, January 8.

WARNING: "Tullow Oil's (TLW) "Overweight" Rating Reiterated at Barclays" was reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. On Monday, January 9 the stock rating was maintained by Jefferies with "Buy".

Among 26 analysts covering William Hill PLC (LON:WMH), 9 have Buy rating, 4 Sell and 13 Hold. On Thursday, February 18 the stock rating was maintained by RBC Capital Markets with "Outperform". The firm has a market capitalization of $3,070.00 and a PE ratio of -356.13. The stock was sold at an average price of GBX 192 ($2.60), for a total transaction of £378,353.28 ($513,090.97). 13,341,574 shares of the stock were exchanged, compared to its average volume of 9,390,000. Tullow Oil plc (LON:TLW) has 0.00% since January 11, 2017 and is. It has underperformed by 16.70% the S&P500. Its activities include targeted exploration and appraisal, selective development projects and growing its West Africa oil production. The Company holds approximately 25% interest in the Ruvuma Petroleum Sharing Agreement in the south-east of Tanzania covering an area of approximately 3,447 square kilometers of which over 90% lies onshore and the balance offshore. The firm is also involved in issuing convertible bonds.



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