
NEWSFLOW
Tullow Oil (#TLW) – agreement to sell Uganda interests to Total for initial $500m
- 2020-04-23 07:36:26
Hello, Share Rockers. This old punter has held Tullow Oil (TLW) shares since Abraham was a teenager. But I’m inclined to sell now. Perhaps not at the moment as the virus continues to have its wicked way, but that won't last forever. The latest figures, which don't really reflect the virus effect, are not that good...
Just now and again ShareSoc is bang on the money. Today Cliff Weight, always the voice of reason at ShareSoc, has laid into the culture of paying off executives who have failed with large golden goodbyes and warm words about parting by mutual agreement. The bosses at Tullow failed, have destroyed shareholder value and should have been fired in disgrace. Cliff writes
Hello Share Punters. From time to time, I’ve opined that Tullow Oil (TLW) has perhaps been treated too harshly by the city. But then almost all but the biggest oilers have been tainted by the big oil crash of 5 or 6 years ago. At one stage, I was up about 300% on my long-standing Tullow holding, but after the crash I was back to par. And the shares haven't done much better since. Never mind, things are bucking up as it's just announced a very positive result for a major exploration in Guyana. Well, just off its coast, actually...
Hello Share Peepers. Having dumped most of my smaller oil companies to concentrate on giants like Shell (RDSB) and BP (BP.), I still find myself with the second-tier oiler Tullow Oil (TLW). About ten years ago I was nursing huge paper profits on this one. But there has been a gradual erosion, so now I’m back to par...