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Tullow Oil (TUWOY)
OTHER OTC:TUWOY
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Tullow Oil
(OTC:TUWOY)
48Neutral
Tullow Oil (TUWOY) vs. S&P 500 (SPY)
Market Cap
$322.13M
Dividend YieldN/A
Average Volume (3M)2.95K
Price to Earnings (P/E)5.2
Beta (1Y)0.93
Revenue Growth-11.34%
EPS GrowthN/A
CountryUS
Employees393
SectorEnergy
Sector Strength87
IndustryFossil Fuels
Share Statistics
EPS (TTM)0.02
Shares Outstanding2,918,434,600
10 Day Avg. Volume0
30 Day Avg. Volume2,949
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.16
Price to Cash Flow (P/CF)0.20
P/FCF Ratio0.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering0
Tullow Oil Business Overview & Revenue Model
Company DescriptionTullow Oil (TUWOY) is an independent oil and gas exploration and production company headquartered in London, United Kingdom. The company primarily focuses on the exploration, development, and production of oil and gas resources in Africa and South America. Tullow Oil is known for its expertise in finding and developing oil fields, with a strong portfolio of assets concentrated in Ghana, where it operates the Jubilee and TEN fields.
How the Company Makes MoneyTullow Oil generates revenue primarily through the exploration, production, and sale of crude oil and natural gas. The company's key revenue streams include the sale of its oil production to refineries and other buyers in the global market. Tullow's significant operations in Ghana, particularly the Jubilee and TEN fields, contribute substantially to its earnings, as these fields are among its most productive assets. Additionally, Tullow Oil engages in strategic partnerships and joint ventures with other oil companies to share risks and costs associated with exploration and production activities. The company's revenue is also influenced by global oil prices, which can impact the profitability of its operations.
Tullow Oil Financial Statement Overview
Summary
Tullow Oil's financial performance is weak, with volatile income, negative profitability, and a highly leveraged balance sheet with negative equity. Cash flow management shows some strength, but overall financial health is concerning.Income Statement
Tullow Oil shows a volatile income statement with fluctuating revenue and inconsistent profitability. Gross Profit Margin for 2023 was 48.4%, indicating some efficiency in managing production costs. However, the Net Profit Margin is negative at -6.7% due to significant net losses, which is a concern. Revenue growth shows a decline of -8.4% from 2022 to 2023, which is worrying. The EBIT Margin has also decreased significantly from 41.1% in 2022 to 18.1% in 2023, suggesting challenges in operational efficiency.55
Neutral
Balance Sheet
The balance sheet of Tullow Oil reveals a precarious financial position with a negative stockholders' equity of -$359 million, indicating more liabilities than assets. The Debt-to-Equity Ratio is not meaningful due to negative equity, and the company is highly leveraged, which is risky. The Equity Ratio is also irrelevant due to the negative equity. Return on Equity cannot be calculated, further reflecting financial instability.40
Negative
Cash Flow
Cash flow statements show some positive aspects with a strong Operating Cash Flow of $876 million in 2023, and a Free Cash Flow of $583 million indicating some efficiency in cash management. However, the Free Cash Flow has decreased from 2022, showing a -24.3% drop, which is a concern. The Operating Cash Flow to Net Income Ratio is not meaningful due to negative net income, but Free Cash Flow to Net Income Ratio is positive, indicating better cash management than accounting earnings suggest.60
Neutral
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 1.68B | 1.63B | 1.78B | 1.27B | 1.40B | 1.68B | Gross Profit |
| 940.39M | 790.80M | 1.09B | 634.30M | 402.50M | 715.90M | EBIT |
| 968.59M | 295.90M | 733.90M | 514.50M | -1.02B | -1.39B | EBITDA |
| 1.06B | 862.10M | 1.20B | 949.90M | -492.00M | -606.50M | Net Income Common Stockholders |
| 17.73M | -109.60M | 49.10M | -80.70M | -1.22B | -1.69B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 165.70M | 499.00M | 636.30M | 469.10M | 805.40M | 288.80M | Total Assets |
| 10.64B | 4.46B | 5.04B | 5.54B | 6.56B | 8.29B | Total Debt |
| 4.63B | 2.99B | 3.46B | 3.73B | 4.39B | 4.50B | Net Debt |
| 4.47B | 2.49B | 2.82B | 3.26B | 3.58B | 4.21B | Total Liabilities |
| 7.74B | 4.82B | 5.50B | 6.01B | 6.77B | 7.31B | Stockholders Equity |
| 2.89B | -359.40M | -459.50M | -466.10M | -210.00M | 983.60M |
| Cash Flow | Free Cash Flow | ||||
| 505.08M | 583.70M | 771.40M | 550.40M | 267.70M | 737.80M | Operating Cash Flow |
| 785.46M | 876.20M | 1.08B | 786.90M | 698.60M | 1.26B | Investing Cash Flow |
| -300.58M | -268.50M | -356.20M | -101.70M | 84.30M | -512.00M | Financing Cash Flow |
| -518.61M | -742.50M | -552.80M | -1.03B | -271.70M | -633.40M |
Tullow Oil Technical Analysis
Positive
0.10
Price Trends
0.11
Positive
0.12
Negative
0.15
Negative
Market Momentum
>-0.01
Negative
62.54
Neutral
107.41
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TUWOY, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.11, and below the 200-day MA of 0.15, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 62.54 is Neutral, neither overbought nor oversold. The STOCH value of 107.41 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TUWOY.
Tullow Oil Peers Comparison
Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $131.18B | 13.14 | 16.16% | 3.02% | -2.57% | -14.01% | |
75 Outperform | $49.49B | 17.62 | 27.41% | 1.17% | 20.51% | 99.86% | |
74 Outperform | $24.32B | 8.11 | 21.77% | 3.87% | 3.00% | -21.63% | |
72 Outperform | $46.06B | 20.05 | 8.88% | 1.80% | -4.35% | -37.69% | |
68 Neutral | $7.61B | 9.17 | 20.26% | 4.74% | 17.61% | -75.78% | |
58 Neutral | $9.25B | 5.52 | -6.24% | 7.43% | -0.10% | -69.94% | |
48 Neutral | $322.13M | 5.16 | 30.50% | ― | -11.34% | ― |
* Energy Sector Average
Performance Comparison
TUWOY
Tullow Oil
0.11
-0.09
-45.00%
APA
APA
21.20
-11.96
-36.07%
COP
Conocophillips
102.82
-20.87
-16.87%
DVN
Devon Energy
36.88
-11.70
-24.08%
HES
Hess
159.07
8.54
5.67%
OXY
Occidental Petroleum
49.51
-14.35
-22.47%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.