Tullow Oil plc (LON:TLW) Insider Roald Goethe Purchases 100,000 Shares

Tullow Oil plc (LON:TLW - Get Free Report) insider Roald Goethe bought 100,000 shares of the company's stock in a transaction on Wednesday, June 25th. The stock was bought at an average cost of GBX 17 ($0.23) per share, for a total transaction of £17,000 ($23,322.82).

Roald Goethe also recently made the following trade(s):

• On Wednesday, April 23rd, Roald Goethe acquired 150,000 shares of Tullow Oil stock. The shares were acquired at an average cost of GBX 14 ($0.19) per share, for a total transaction of £21,000 ($28,810.54).
• On Friday, April 4th, Roald Goethe acquired 150,000 shares of Tullow Oil stock. The shares were acquired at an average cost of GBX 14 ($0.19) per share, for a total transaction of £21,000 ($28,810.54).

Tullow Oil Stock Performance

Shares of Tullow Oil stock traded down GBX 0.57 ($0.01) during trading on Friday, hitting GBX 16.39 ($0.22). 4,224,388 shares of the company's stock traded hands, compared to its average volume of 8,833,534. The company has a debt-to-equity ratio of -1,776.31, a current ratio of 0.70 and a quick ratio of 0.63. Tullow Oil plc has a 1 year low of GBX 11 ($0.15) and a 1 year high of GBX 34.50 ($0.47). The stock has a market capitalization of £303.20 million, a P/E ratio of 19.37, a PEG ratio of -0.19 and a beta of 2.08. The business has a 50-day simple moving average of GBX 15.26 and a 200-day simple moving average of GBX 16.88.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Canaccord Genuity Group increased their price objective on Tullow Oil from GBX 14 ($0.19) to GBX 16 ($0.22) and gave the company a "hold" rating in a research report on Thursday, May 29th. Shore Capital reaffirmed a "buy" rating on shares of Tullow Oil in a research report on Wednesday, June 4th.

Tullow Oil Company Profile

Tullow is an independent energy company that is building a better future through responsible oil and gas development in Africa. The Company's operations are focused on its West-African producing assets in Ghana, Gabon and Côte d'Ivoire, alongside a material discovered resource base in Kenya. Tullow is committed to becoming Net Zero on its Scope 1 and 2 emissions by 2030 and has a Shared Prosperity strategy that delivers lasting socio-economic benefits for its host nations.