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Tullow Oil Director Acquires Senior Notes in Major Transaction
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Tullow Oil Director Acquires Senior Notes in Major Transaction

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The latest announcement is out from Tullow Oil ( (GB:TLW) ).

Tullow Oil plc has announced a transaction involving the purchase of its 7.00% Senior Notes due in 2025 by Non-Executive Director Roald Goethe. This purchase involves 1,000,000 units at a price of $0.8049 per unit, amounting to a total of $804,900. The transaction, which took place on December 18, 2024, on the OTC Bloomberg Euromarket Fixed, is a significant financial move for the company, reflecting confidence in its financial instruments and possibly influencing its market perception.

More about Tullow Oil

Tullow Oil plc is a multinational oil and gas exploration company focused on the production and exploration of oil across Africa and South America. Known for its significant presence in the oil industry, Tullow Oil operates with a strategic focus on emerging markets and sustainable energy practices.

YTD Price Performance: -47.69%

Average Trading Volume: 6,688,221

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £297M

For an in-depth examination of TLW stock, go to TipRanks’ Stock Analysis page.

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