Tullow Oil ( (GB:TLW) ) just unveiled an announcement.
Tullow Oil plc has released its report on payments to governments for the year 2024, detailing financial transactions in compliance with regulatory requirements. The report highlights significant payments made to various governments, including $357 million in income taxes and $26 million in royalties, reflecting the company’s substantial operational footprint in countries like Ghana and Gabon. This disclosure underscores Tullow Oil’s commitment to transparency and its role in contributing to the economies of its host countries.
Spark’s Take on GB:TLW Stock
According to Spark, TipRanks’ AI Analyst, GB:TLW is a Neutral.
Tullow Oil’s overall stock score of 61.33 reflects a balance between strong cash flow and strategic corporate actions against significant balance sheet risks and bearish technical indicators. The low P/E ratio suggests undervaluation, but financial stability and profitability remain key areas for improvement.
To see Spark’s full report on GB:TLW stock, click here.
More about Tullow Oil
Tullow Oil plc is a multinational oil and gas exploration company, primarily engaged in the exploration and production of oil and gas. The company focuses on operations in Africa and South America, with significant interests in Ghana, Gabon, and Kenya.
Average Trading Volume: 7,069,718
Technical Sentiment Signal: Sell
Current Market Cap: £196.3M
For detailed information about TLW stock, go to TipRanks’ Stock Analysis page.