OverviewSuggest Edit

Tullow Oil is a multinational oil and gas exploration company. Its focus is on finding and monetizing oil in Africa and the Atlantic Margins. The Company has interests in over 80 exploration and production licences across 16 countries which are managed as three Business Delivery Teams: West Africa, East Africa and New Ventures.

TypePublic
Founded1985
HQLondon, GB
Websitetullowoil.com
Employee Ratings4

Latest Updates

Employees (est.) (Jul 2021)730
Job Openings4
Revenue (FY, 2018)£1.6 B(+9%)
Share Price (Nov 2021)£0.5
Cybersecurity ratingBMore
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Key People/Management at Tullow Oil

Dorothy Thompson

Dorothy Thompson

Executive Chair
Mark MacFarlane

Mark MacFarlane

Chief Operating Officer
Jeremy Wilson

Jeremy Wilson

Senior Independent Director
Rahul Dhir

Rahul Dhir

Chief Executive Officer & Director
Tom Hickey

Tom Hickey

Director
Mike Daly

Mike Daly

Non-Executive Director
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Tullow Oil Office Locations

Tullow Oil has offices in London, Accra, Nairobi, Cape Town and in 1 other location
London, GB (HQ)
566 Chiswick High Rd
Accra, GH
70 George W. Bush Hwy
Nairobi, KE
West End Towers, Muthangari Dr
Cape Town, ZA
12th floor, Convention Tower Heerengracht, Foreshore
Kampala, UG
16 Mackinnon Rd
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Tullow Oil Financials and Metrics

Tullow Oil Revenue

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Tullow Oil's revenue was reported to be £1.62 b in FY, 2018
GBP

Revenue (FY, 2018)

1.6b

Gross profit (FY, 2018)

854.4m

Gross profit margin (FY, 2018), %

52.8%

Net income (FY, 2018)

67.5m

EBIT (FY, 2018)

417.4m

Market capitalization (10-Nov-2021)

646.1m

Closing stock price (10-Nov-2021)

0.5

Cash (31-Dec-2018)

142.0m

EV

3.2b
Tullow Oil's current market capitalization is £646.1 m.
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.5b1.2b969.1m1.5b1.6b

Cost of goods sold

766.4m786.3m579.4m844.7m763.1m

Gross profit

752.3m457.9m389.7m644.0m854.4m

Gross profit Margin, %

50%37%40%43%53%
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

218.9m275.5m200.9m224.3m142.0m

Accounts Receivable

60.3m62.6m84.4m135.4m125.9m

Inventories

95.7m83.0m110.7m132.7m106.5m

Current Assets

1.4b1.4b1.8b1.8b1.9b
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash From Operating Activities

1.0b757.6m365.2m966.0m951.1m

Cash From Investing Activities

1.6b(1.3b)(689.2m)(234.1m)(337.9m)

Cash From Financing Activities

554.2m577.4m284.5m(733.0m)(696.7m)

Net Change in Cash

(26.2m)34.2m(39.5m)(1.1m)(83.5m)
GBPFY, 2014

Financial Leverage

2.9 x
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Tullow Oil Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

Tullow Oil Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Tullow Oil Online and Social Media Presence

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Tullow Oil News and Updates

Maersk Drilling confirms long-term drillship contract with Tullow Oil offshore Ghana

Based on the previously announced Conditional Letter of Award, Maersk Drilling has been awarded a contract from Tullow Ghana Ltd. for the provision of the ultra-deepwater drillship Maersk Venturer and additional services for a development drilling campaign at the TEN and Jubilee fields offshore Ghan…

Tullow Oil signs new $1.7bn loan agreement

London-listed Tullow Oil today said that it had agreed a new $1.7bn (£1.2bn) loan agreement with its banks, giving the The post Tullow Oil signs new $1.7bn loan agreement appeared first on CityAM.

Maersk Drilling selected for long-term drilling campaign by Tullow Oil

Maersk Drilling has received a conditional letter of award (“CLOA”) from Tullow Ghana Ltd. (“Tullow”) for the provision of the ultra-deepwater drillship Maersk Venturer and additional services for a development drilling campaign at the TEN and Jubilee fields offshore Ghana.

Tullow Oil falls to $1.3bn loss after massive oil price writedown

Tullow Oil fell to a $1.3bn loss in the first half of the year after it was forced to write The post Tullow Oil falls to $1.3bn loss after massive oil price writedown appeared first on CityAM.

Tullow Oil 2020: Business Overview, Reserve and Production Trajectory

DUBLIN, Aug. 6, 2020 /PRNewswire/ -- The "Tullow Oil: Reserve Replenishment Uncertainty Beyond FY2022 Makes Temporal Seniority Key" company profile has been added to ResearchAndMarkets.com's offering. Why Read? Understand Tullow Oil's reserve and production trajectory and why this makes...

Tullow Oil has $700 mln liquidity, cuts capex to $300 mln

Tullow Oil's lenders have approved the size of its reserves-based lending facility at $1.9 billion, giving the group $700 million of undrawn loans and cash at the start of the second quarter, it said on Friday.
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Tullow Oil Frequently Asked Questions

  • When was Tullow Oil founded?

    Tullow Oil was founded in 1985.

  • Who are Tullow Oil key executives?

    Tullow Oil's key executives are Dorothy Thompson, Mark MacFarlane and Jeremy Wilson.

  • How many employees does Tullow Oil have?

    Tullow Oil has 730 employees.

  • What is Tullow Oil revenue?

    Latest Tullow Oil annual revenue is £1.6 b.

  • What is Tullow Oil revenue per employee?

    Latest Tullow Oil revenue per employee is £2.2 m.

  • Who are Tullow Oil competitors?

    Competitors of Tullow Oil include Harbour Energy, Medco Energi Internasional and Geo-Jade Petroleum.

  • Where is Tullow Oil headquarters?

    Tullow Oil headquarters is located at 566 Chiswick High Rd, London.

  • Where are Tullow Oil offices?

    Tullow Oil has offices in London, Accra, Nairobi, Cape Town and in 1 other location.

  • How many offices does Tullow Oil have?

    Tullow Oil has 5 offices.