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Tullow Oil Focuses on Debt Reduction Amid Mixed Production Results

Tullow Oil Focuses on Debt Reduction Amid Mixed Production Results

Tullow Oil (GB:TLW) has released an update.

Tullow Oil has announced its financial outlook for 2024, highlighting its success in reducing debt despite challenges at the Jubilee field. The company’s production remains in line with expectations, with strong performance at the TEN field offsetting some setbacks. Tullow is focused on optimizing its capital structure and expects free cash flow to be between $150-200 million for the year.

For further insights into GB:TLW stock, check out TipRanks’ Stock Analysis page.

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