Monday, 18 August 2025 | 05:14
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UK’s Tullow Oil slides on annual production forecast cut

Thursday, 07 August 2025 | 00:00

** Shares of Tullow Oil TLW fall as much as 21.7% at 11.2p
** Stock lowest since April
** TLW lowers 2025 production forecast to 40,000-45,000 barrels of oil equivalent per day after it sold its Gabonese assets
** Reports H1 loss of $80 mln from continuing operations compared with a profit of $106 million last year
** Stock up ~6.2% vs FTSE small-cap index’s (.FTSC) ~4.88% rise, YTD
Source: Reuters

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